I am bored of the stock market and have decided to call it a day. The rest of you may spin your wheels to your heart’s desire, trading in and out of soon to be defunct biotech names. As for me, I am going to eat a protein bar and do a few dozen chin-ups.
Either way you slice it, it was a good week, despite RUBI taking a dump out. I had been up more than 10% on the position and now I am flat. It sucks how that happens. But this is the profession of men, a job designed to destroy the weak and aggrandize the brave. I am not scared to hold onto names that others discard, unless of course they threaten my very existence (see Four Horsemen of Financial Ruin).
I have a plan and it’s aggressive. Then again, I’ve never been one to shy away from a bit of panicked anarchy, a time bomb hidden inside of a birthday cake that I intend to eat. Sure, every so often, the cake will detonate and I will lose a limb, or three. But I’ll always come back, to the same place, to eat the same cake. It’s who I am. Now who the hell are you?
I’ve been allocating a portion of dollars, mainly new money, into a 5 year program, built around 5 stocks: OZM, SLCA, CHK, GILD and BID.
And finally, I really like this PE, as oil prices fix to crush the Americans with Iranian submission holds. Any successful e&p company is worth investing in, especially with oil upwards of $105.
Have a great weekend.
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Does BX apply your 5 years thesis ? I’m thinking. Thanks.
Yes
Flyman, IFON being added to Russell Microcap Index after close today. Have a good weekend to you also.
I don’t know where you get your information, but I don’t like it. Stick to the things that work, the fundamentals. Good things, sometimes, takes time.
i feel 10 feet tall and strong like an ox.
Will RUBI make a comeback? Fly, shall I lose sleep over this one?
Yes
Yes to both??? LOL
long ONVO, WUBA, JD and IRE. 3D printing and chinese burrito stocks on fire!
top 5 institutional holders COMBINED own 965k shares LMFAO
Bo
Bogle Investment Man. LP: 296k
Morgan Stanley: 226k
Vanguard: 188K
Renaissance Technologies: 148k
California Public Pension: 109k
i damn near spit coffee all over my computer on that one. The good fortunes of the california worker’s pensions in the hands of VERYKOOL’s.
“Sure, every so often, the cake will detonate and I will lose a limb, or three.” – ’tis but a flesh wound…
Le Fly,
What’s your vote for best diss song ever, aside from Hit em up?
Ether
Fly
It is time for a Rick Ross song on the blog 🙂
Five years is a long time.
I hope they let me watch the markets from the assisted living community my kids stuff us in.
first full active week for me trading the IPOs since the April mess – 4 for 4 with XNET, MTLS, GPRO, and NEP. Even went back for some more GPRO trading today. Don’t think the new wave of IPO success will last much longer but taking advantage while I can. Also continued great movement in EGRX, some pretty insane volume in the last 15 minutes. Great week for me considering that the market was flat at best. Glad to hear Sir Fly is kicking it. I think my estimate of your being back to even by end of the Summer was not giving you enough credit.
le fly is diversifried! booyah
track selection is getting weaker, impending doom is imminent
Chinese burrito alert.
Up 24.27% this week on SYMX. Starting to take profits now, but leaving some to run.
No vasoline
The bitch in yoo (Pete Rock remix)
are fresh dis songs too.