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
23,452 Blog Posts

Fairly Iconic Day for Yours Truly

Gonna make this brief because I’m tired of seeing my self type. I had STMP heading into today from $90 and now find myself up 80% in the position. They re-struck a deal with USPS and smashed numbers. I suspect the stock is going over $200 soon. Therefore, I am not selling my shares.

All position of mine are 5% weighted.

I spent the balance of my day repositioning into new stocks, cleaning out some losers, and placing one hedge (SOXS) for a just in case scenario. I am richly up for the year and have the confidence to tell you now, unequivocally, that my style cannot be matched nor replicated. At some point during my lifetime I will attempt to create an algorithm to catch trading patterns the way I do in real life. Until then, you’re stuck with me, bragging about my wins like a teenager on this ridiculous trading blog.

I hope you’re all having as much fun as I am and I want you to keep some things in perspective, while looking at stocks trading lower. The Fed has all but eliminated the business cycle with their policies, so do not fret these sell offs. Instead, you should embrace them.

Good day.

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7 comments

  1. numbersgame

    “Therefore, I am not selling my shares.”

    STMP: today’s earnings were lucky, but my hat goes off to you if this pays off further. Either way, *this* justifies your iron balls comment.

    Also, while there are many profitable traders in this never-ending, gap-closing, plunge-recovering bull market, your quick trigger (win or lose) should distinguish you when the market turns and others are trying to catch falling knives.

    Just noticed that you hit 20,000 blog posts recently (late Jan/early Feb), so congratualtions!

    NumbersGame

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  2. traderconfessions

    Been a couple years at least since I last visited this joint. See not much has changed. Same five dudes commenting nonsense and some semi-interesting prose. I understand you moved to NC. Guess you have some good sense after all. Carry on.

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    • cancel19

      Damn! Haven’t seen ya for a while man.

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    • it is showtime

      WuhanVirus linked to collaboration with North Carolina university / Nat Med.
      21(15): 1508–1513.

      UNC
      Chapel Hill. Utilizing the SARS-CoV infectious clone, “we generated” and
      characterized “a chimeric virus” expressing the spike of bat coronavirus
      SHC014. The results indicate that group 2b viruses encoding the SHC014
      spike utilize multiple ACE2 receptors, “replicate efficiently in primary
      human airway cells.”

      “We synthetically rederived an infectious full length SHC014 recombinant
      virus”

      and demonstrate robust viral replication.
      – Vineet D. Menachery – Boyd L. Yount – Jr, Rachel L. Graham
      Departments of Epidemiology, University of North Carolina at Chapel Hill
      – Kari Debbink – Scott H. Randell
      Microbiology and Immunology, University of North Carolina at Chapel Hill
      Department of Cell Biology and Physiology
      – Xing-Yi Ge
      Key Laboratory of Special Pathogens and Biosafety,
      WUHAN INSTITUTE OF VIROLOGY, Chinese Academy of Sciences,
      WUHAN, CHINA
      – Zhengli-Li Shi
      Key Laboratory of Special Pathogens and Biosafety,
      WUHAN INSTITUTE OF VIROLOGY, Chinese Academy of Sciences,
      WUHAN, CHINA

      SARS-like cluster
      of circulating bat
      coronavirus pose
      threat for human emergence

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  3. it is showtime

    Freaky Friday

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  4. cayman4444

    Any thoughts on SDGR?

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  5. numbersgame

    Good that you kept that hedge…

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