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
23,428 Blog Posts

Fly Sell: MON

I sold short 5,000 [[MON]] @ $114.

Disclaimer: If you sell short MON because of this post, you will fall victim to an egregious April Fools Day trick. And, you may lose money.

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14 comments

  1. Gunners

    What’s your view on their earning report coming out on Wednesday before the open?

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  2. The Fly

    They already guided up.

    Down she goes.

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  3. just watching

    check out MVIS filings:

    Thomas Walker – buy 17K shares
    Jeff Wilson (CFO) – buy 15K shares
    Tokman – buy 63K shares
    Ian Brown (VP) – buy 13K shares
    Madhavan (VP) – buy 15K shares

    silver linings are gathering.

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  4. BanD

    Hope none of those guys leveraged their Auction Rate “Cash Equivalents” to buy those shares.

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  5. BanD

    Fly, do we cover our shorts when they have “guided (it) in” ?

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  6. JakeGint

    The Toker bought 63,000 shares?

    That fucker’s got joooze!

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  7. Gunners

    MVIS insiders – looks like an award of stock options. not an actual purchase, right?

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  8. Dinosaur Trader

    So you’re short MON and long SMN… I guess you like this play a lot.

    Are you thinking MON goes below $100 and stays there?

    -DT

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  9. JakeGint

    Nice “space vizeer” call on the MON short, Fucker.

    MON made me so much money last year on the long side, I have psychological issues about shorting them, I guess.

    I should “get over it.”

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  10. Gunners

    i was just about to come on and post, “nice fucking short sell”

    Jake beat me to it

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  11. JakeGint

    Why am I shrugging off this tape painting bullshit?

    Because my two “market canaries” — JOYG (commodities), and FED (doomed financials) are gasping in the coal dust right now.

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  12. Dinosaur Trader

    Motherfucker made more on this position in the last couple hours than I’ve made since January.

    Damn you Fly… however, nice call.

    -DT

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  13. Gunners

    Damn, FED is looking terrible on an up-financials day!

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  14. JakeGint

    FED says:

    “Peep peep?” (cough! cough!) “Peeep?”

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