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
18,593 Blog Posts

One Last Act of Degeneracy Before I Go

Oil is absolutely bananas to the upside. It was a tough day for momentumFAGS, with dozens of former hot stocks getting cleaved. You won’t see that damage in the reporting of the markets tonight — a seemingly hidden sidenote that very few care about.

Truth is, large cap stocks have gravely underperformed markets this year, playing second fiddle to small caps. With small caps getting hit, leadership is in jeopardy. So, with that in mind, I bought myself a gambling fool’s biotech stocks into the summer heat.

I went long AERI.

Top picks: BILI, AERI, CURO and maybe DDD.

Have a great weekend.

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4 comments

  1. dae42

    Nice call on DRIP. ??

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  2. MSGT HARTMAN

    Leave the oil patch trading to the pros. You guys have been on the wrong side of the oil trade since late 2014.

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  3. moosh

    It’s really great that you guys showed up to call it.

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  4. moosh

    BILI is eventually $69 price target. DDD? If I’m going to do 3d play it is ONVO.

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