iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

Big Average Down: $FEYE

I increased my position by 40% on this morning’s dip in FEYE. It’s now my second largest position, with an average cost of $75.4

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10 comments

  1. acehood1

    EZPW largest?

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  2. stones

    You got balls Fly. Are you really God?

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    • The Fly

      not God, just a messenger.

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      • stones

        OK. One thing I’ve learned, when you ride something down this far, there is no good answer, But since you are the architect of this trade, I think the best thing to do is to trust your Divine Judgement. So I bought more. May God be with us.

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  3. zookini

    Been stopped out of this twice recently, volatile stock, great story like SPLK and WDAY

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    • The Fly

      I took an approach to avg down in these three names and have done it: FEYE, SPLK and WDAY.

      I still have funds left to buy WDAY

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  4. YOU WILL KNOW ME BY THE TRAIL OF BLOOD
    YOU WILL KNOW ME BY THE TRAIL OF BLOOD

    I like ZU as well, just started a position.

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  5. bullnbear

    In Le Fly we Trust. I’m right there, after getting a little luck selling into strength on Tuesday and buying back yesterday. Largest to smallest (commons):
    SPLK avg 86.20
    YGE avg 5.92
    FEYE avg 72.50
    EZPW avg 12.24
    IFON avg 3.92
    SALE avg 36.60

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  6. fractal

    I’m a mere pleb, but I would hold out for around $61 before going long $FEYE.

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