iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

Trade: SOL, LINC, CBOU

Completely covered shorts:  SOL +17.60% @ 6.23 (short at 7.30)

New longs:  LINC (16.95), CBOU (5.64)

Notes:

–  Market down -200 points

– VIX at 30.93.  Once again, VIX <30 provided strong exit point for partial profits, and entry point for shorts.

–  Buying the coffee dip here like a mad man (CBOU), and taking advantage of school’s relative strength (LINC).

– Shorts are on fire, but seeing how fast my solar shorts have dropped in the past three days, it’s time to take profits.  Still holding YGE shorts.

–  Heading to Los Angeles in about 3 hours (sheesh) for the Laker party!  😉

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4 comments

  1. EN1GMA

    nice play on SOL

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  2. hooper

    Gio
    I was wondering if you had any opinion on DGI,
    Geoy’s now public competitor. It seems this du-opoly
    will become popular to investors at some point.
    I know you have been following geoy.

    Thanks

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  3. Gio

    DGI is good for an investment. just beware that investors are VERY picky. I mean, one little smudge on a satellite image and the stock drops hard (case in point, GEOY). buy on those dips of course, sell when volume is light.

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