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Dr. Fly
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
23,433 Blog Posts

Closing a Chapter, Opening an Old One Again

Dr. Fly Thu Dec 18, 2014 10:33am EST 11 Comments

I closed out of the rest of my GPRO position, squandering a 25% gain and turning it into a 15% loss–a cardinal sin in trading.

In light of the Sony scandal and my desire for revenge trading, I moved those assets over to FEYE. This is the same stock that fucking destroyed me and left me in a tub filled with ice with a kidney missing, back in May. I had sold in the high $40’s and now I am back in, as the p/s ratio is now a reasonable 12x.

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11 comments

  1. fluxcapacitor
    fluxcapacitor
    December 18, 2014 at 10:41 am

    Fucking awesome. Told you this would happen.

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  2. matt_bear
    matt_bear
    December 18, 2014 at 10:44 am

    going after one of the horsemen after they obliterated you like Officer Alex Murphy in the beginning of RoboCop?

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  3. mfalke
    mfalke
    December 18, 2014 at 10:46 am

    The stocks that got killed in April might be the ones to own next year. Many are setting up nicely.

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  4. smartestone
    smartestone
    December 18, 2014 at 10:47 am

    feye is hot poo .sorry

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  5. bruce keller
    bruce keller
    December 18, 2014 at 10:53 am

    CL needs to keep its trend right here right now or else.:D

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  6. og
    og
    December 18, 2014 at 11:21 am

    Well that explains some GPRO weakness.

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  7. bart smith
    bart smith
    December 18, 2014 at 11:34 am

    12 times sales ain’t gonna do it. They would laugh your ass off on shark tank over buying $yelp and $gpro.

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  8. bart smith
    bart smith
    December 18, 2014 at 11:35 am

    $gpro going to 40

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  9. dcolella15
    dcolella15
    December 18, 2014 at 12:58 pm

    To Be fair. its ONLY 7.3x 2015 sales…

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