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
19,525 Blog Posts

Burned by the Fires — Revenge Trading is Served Hot

I lost a fast 13.5% in KTOV. It all happened so fast, maybe within an hour. A younger Fly might’ve held on for glory, affixed some wrong-headed emotional bond with this piece of shit and either end up with a giant win or loss. Nowadays, I don’t really care about anything, really nothing at all. I glide through life without a care in the world, helping others because that’s what I was made to do — a public servant who enjoys TALKING SHIT on the internets.

Being angry and upset over the discordant treatment I endured with KTOV, I immediately bought LABD — hoping to profit from some blow off top in the biotechs. I could show you a double top in the XBI — but that might be gratuitous.

Additionally, I bought SNAP. This is probably a mistake. I have anecdotal evidence with three kids that suggests the app is no longer relevant amongst youngsters, at least in the way it used to be. But technically speaking, I like it here and now and could envision fucktarded 50 year old hedge fund managers allocating into this stock — in search of a fountain of youth and some gains.

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. chuck bennett

    What’s snap?

    How are they even trading at 10 bucks? Lol

    Regards

    Chuck Bennett

    • 0
    • 0
    • 1 Deem this to be "Fake News"
  2. ferd

    Can’t borrow QQQ on IB ..never seen that before.

    • 0
    • 0
    • 0 Deem this to be "Fake News"