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
23,445 Blog Posts

WE’RE GOING IN — FOR THE $100 ROLL

This is an olde school strategy, not as old as the Matringale Gentleman Tactic, but it’s in iBC lore. I’m bought a stock based purely on the theory that human beings are dumb enough to shoot for round numbers. The $100 roll is a trade that is executed at around $97-98 per share in the hopes that it’ll immediately shoot to $106. See, once a stock breaks the magical plane of $100, it has no choice but to jimmy its way up to $106.

That’s the way the world works. Do not argue with physics.

Ergo, and this goes without saying, I am long a decent quantity of WLK, for the win, for the $100 roll.

As you were.

NOTE: I sold out of AAL for a 8% win.

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13 comments

  1. it is showtime

    Titanic full iceberg scene (uncut)

    https://www.youtube.com/watch?v=wPCjn8VWh-w

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  2. lapens

    And here I was thinking you were finally entering the crypto market. *sigh*

    I still love you Fly.

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  3. fryguy15

    $ABBV is my $100 roll. I’m in from about $42 tho

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  4. halfbloodpope

    Worst decision of my life was selling $PATK. Called $100 roll on my twitter. Unbelievable company selling crap upgrades to poor Americans. It is a can’t miss business model.

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  5. sarcrilege

    Same as BTC for the $10K roll.

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  6. moosh

    Meanwhile, water utes continue to break the fuck out and roll upstream

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  7. gappingandyapping

    This beta on the Ameritrade commercial is annoying as fuck. He needs some Pepe in him.

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  8. tradercaddy

    So I hooked up my Google mini home puck (Google already knows alot of my personal info as I use their Google Fi cell phone service) and see that I can listen to podcasts.
    I usually listen to radio broadcasts (NHL, College sports, etc.) while falling asleep and am wondering if Fly has gotten into podcasts.

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  9. The Maven

    Just did it with $DIS

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  10. thegametheorist

    Wow I had this in the 50s mid year

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  11. stuckcity

    dude, you reco’d this in the fucking 70s
    huge win

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