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

Want a Reason to Join Exodus? Here’s One

Over the years my swing trading acumen has greatly diminished — mostly because I’ve focused much of my efforts in systematic trading — trying to find a better way to do this without killing myself in the process. God damn it, some of my trades have been lousy and I used to be very proud of my skillset in dealing with the daily reverberations of the market. The older I get and the more wealth that I try to accumulate, the greater my desire to produce something that will last longer than my lifespan — which is why Exodus is so important to me.

That aside, Ragin Cajun is probably the most overlooked blogger I’ve ever employed at iBC. RC is the type of guy you’d trust raising your kids — never bitter and rarely upset. You could tell by just meeting him that he was raised by good parents and taught the difference between right and wrong from early on. But he’s also a phenomenal trader and old school members of 12631 and Exodus can attest to that.

Today is a big day for RC, not only because he just opened his biggest gym to date and completed what was his largest construction project ever, but also because of some of his recent trades in TWTR, GOOGL, OLED and FSLR.

Members of Exodus get his expertise, as well as the camaraderie of a truly great group of people who’ve been on top of every tick of every day in this market. I am truly thinking about doing another iBC dinner in 2018 and inviting a random 5 people from the Pelican Room to join us to break bread. I haven’t held an annual dinner in two or three years; it might be time to restart the tradition that brought us all together.

RC just stepped into my world, long HMNY. While I do not expect the stock to do much without news, I love the fact that it’s so hated right now. This is the time to accumulate a position. No one is expecting profits out of it — just damned subscription growth — which should be a no brainer, considering they’re giving away money.

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7 comments

  1. sarcrilege

    Accumulating wealth in companies that are giving money away is value investing.

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  2. mushroomz

    It seams like Moviepass is only going to be good for the theaters, at least at first. How would it be bad?

    Is Moviepass going to squeeze the theaters once they take over the movie-going world?

    Will a competitor to Moviepass emerge, like Amazon or Netflix. Surely Bezos will try to squash these fuckers or at least buy them out.

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    • gappingandyapping
      gappingandyapping

      I like the Moviepass idea if I went to the movies. But who the fuck goes to the movies anymore? Its just a bunch of idiots talking and a miserable experience. I am fine watching my 80″ TV in the comfort of my home while being able to get pause for a quick blow job and smoke weed. What am I missing?

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  3. ferd

    Funny, I was thinking just last night about what a class act RC is.

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  4. og

    Anyone look into this Funko IPO? Toys R Us bankruptcy must have hurt these guys too.

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  5. gappingandyapping
    gappingandyapping

    Spain having half the country break off is extremely bullish it seems. Then again dropping a bomb on DPRK appears bullish too.

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  6. dopefeller

    “camaraderie of a truly great group of people who’ve been on top of every tick of every day in this market”

    Fly – Would love to get some numbers on activity in Exodus. Can you please post some numbers on average number of posts (not your exodus blog posts, looking for member engagement via comments/insights on tickers) on a daily/monthly basis?

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