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
23,417 Blog Posts

The Dumber the Better

Quit thinking. Just trade like an OTB guy. A degenerate one, if you will.

What would a degenerate OTB guy buy, right now?

Answer: the networkers.

The sector has been blown to smithereens and are saddled with big short positions.

My watch list includes:

[[GLBC]], [[FFIV]], [[RVBD]], [[NTGR]], [[MTZ]], [[RACK]], [[JNPR]] and [[EQIX]].

Thus far, I bought one stock in the sector: FFIV.

Keep in mind, this is a broken sector, with declining fundamentals. In other words, they are trades.

Looking elsewhere, retail is on fire. Take a look at [[VLCM]], [[TBL]], [[ODP]], [[CHRS]] and [[RSH]].

My favorites include: [[JCG]], [[ZUMZ]], [[SKS]], [[RL]] and [[AEO]].

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

5 comments

  1. CubsRock

    I’m dumb, I bot SRS and SKF this afternoon.

    Btw, JNPR is the new CSCO, it’s going to $35.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Mushroomz

    These companies don’t lose enough money for my taste.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Aris

    i can’t wait until these financials show up in july with pps of last july and earnings at 1/5 of 2Q07. awesome. good investing.

    as usual i still hate POT.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. nullpointer

    no cubs, you are smart (if you dont get shaken out)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Big Mike

    You want to play “SHORT OIL” without getting your legs blown off?

    Short Solar…that shit is more overpriced than ags stocks. FSLR P/E 100 …

    XLF breaking out of range…I’m buying long positions

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