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
23,441 Blog Posts

RELAX, I AM A DOCTOR

If you’re just tuning in, interested in the ongoings of Le Fly and how his saga is shaping up, I sold out of all of my chinese burritos stocks, with exception to LITB. Frankly, I cannot be bothered with that dreadful communist regime any longer. Their crimes against human decency and the plight of man are egregious sins that should not/cannot be supported by persons of influence. Me being in a position of great influence, a public figure that is revered and looked up to by millions, I can no longer condone excessive lottery adventures in the red, communist, china (extra McCarthy).

Replacing them, I fell back on my medical degree from the University of Osiris, lunar base camp #7, and placed bets across the biotech sector. As you already know, I am long SGEN, ICPT, GILD and JAZZ from much lower prices. Adding to that foray of glamorous advances in modern medicine, I purchased EXAS, CBST and CLDX.

As an aside, something of a whim, I started a position in PIR too.

Cash stands at about 10%. My position in TLT is still fully intact.

Good day.

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21 comments

  1. matt_bear

    the biotech sector is a jungle where many traders, some even considered skilled experts of their craft, go to die. It’s the vietnam of the stock market.

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  2. longview

    I think you’ve really put them in their place by refusing to use a capital “C”. That’ll teach ’em!

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  3. matt_bear

    status update on the OSC? is elon going to complete his before you do?

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  4. bruce keller

    Today’s top outflows included lots of Biotechs, but who knows what these fancy outflows mean? Yesterday’s was pretty hardcore.

    http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=topnav_2_3002

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  5. jon v

    TEDU outlook soft. Timber?

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  6. tradercaddy

    The last time I heard “relax I am a doctor” my jeans were around my ankles, I was bent over a table of sorts, and my bill was escalating.

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    • dragun

      The funny thing is he had both hands on your shoulders and you still couldn’t figure it out!

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      • tradercaddy

        … maybe I should have said “medical bill” or he had a stethoscope around his neck or there were people in a waiting room or their were nurses running around or… forget it.
        Just remember what Seinfeld said “… not that there’s anything wrong with that.”- Forget I just wrote that.

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        • dragun

          maybe you should have asked him “shouldn’t we have a drink first?”

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  7. bonobo smores

    Unless another Cultural Revolution is about to be unleashed the burritos abide. Must be foggy on the lunar surface.

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  8. jon v

    Fly – you might be right on the China sales…YOKU, TEDU, STV getting taken down after hours. Follows minor take downs of DANG, VIPS. Could be a sign the Chinese trade is taking a pause before resuming.

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  9. the sheik

    How Le Fly trades stocks…
    http://www.liveleak.com/view?i=d5e_1408462761

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    • tradercaddy

      Har Har (sorry though for the accident).
      Here is an idea based on that video.
      Fly can wear a GoPro or have a live cam in his trading office and we can watch him trade, throw hot pizza slices, drink tea, etc.

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  10. gnat

    tradercaddy – funnily enough EXAS has developed a test to prevent exactly the kind of reaming you describe.

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  11. Six Figure Mentors Scam

    Everyone loves what you guys are usually up too.
    This type of clever work and exposure! Keep up the superb works guys I’ve incorporated you guys to blogroll.

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