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
17,993 Blog Posts

SON OF A COCKS: Sold $SQQQ Too Early — Come See My Next Play

Best way to describe my current trading form is this.

via GIPHY

I’m a damn good hitter — but I’ve been off by a second in recent weeks. As a result, I am swinging and missing like a god damned fool now. Best way to avoid catastrophe is to trade small — which is what I’ve been doing.

After I sold SQQQ, naturally the bitch whore fucker went straight up. With those proceeds, I bought a major player in the home insulation business, as well as other lines of business servicing new homes — essentially a great play on new home starts: IBP.

This is a high growth company with great prospects — but it’s only a trade.

Fucking Update:

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8 comments

  1. nocturne

    Nice of the Twitter police to let you use “cocks” in your tweet

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  2. mushroomz

    He sold? pump it
    https://www.youtube.com/watch?v=TRXdxiot5JM

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  3. stocksnblondes

    It is hard to find good buys in tech these days. The FAANG trade will exhaust itself at some point as they simply can’t continue to increase by 30-40% in value every few months. Or can they?

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    • numbersgame

      I think it was Warren Buffet that said stocks are a voting machine in the short term.

      The least-experienced investors (millenials) just buy what they know. They do not know the difference between a good stock and a good company, so valuation goes out the window.

      Of course, valuation *always* comes around, but usually it takes a bear market to shake out the true believers.

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  4. numbersgame

    Who knows if we make another record high, but does anybody think that the Thrusday-Friday gap-in-the-Daq, will not get filled soon?

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  5. cayman4444

    The ARK ‘s siren call….. Thoughts Fly?

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  6. cayman4444

    PCG news??? big spike, perhaps they stopped burning down the liberal state of CA

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