iBankCoin

Fly Buys: RFMD, CECO, TER

Long 30,000 [[RFMD]] @ $1.94, 5,000 [[TER]] @ $5.02 and 2,000 [[CECO]] @ $21.20.

Disclaimer: Don’t even try following me, for this is space alien magician shit.

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26 comments

  1. Some Dude

    Interesting and curious to see how this act of magic turns out. Thinking of buying more LDK should it do the dip “Fly”?

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  2. Anton Cigur

    Indeud.

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  3. Cash-N-Guns

    RFMD- the turd in the punch bowl theory of investing..? sweet…be quick with that piggy

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  4. Tim

    By constantly going against the PPT recommendation you are just proving that trading is based on gut instinct (yours not so good right now) and not buy/sell orders spit out by a computer.

    Nevertheless, feel free to shamelessly keep collecting fees for a system that your own trades show is not trustworthy.

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  5. The Fly

    I sold LDK. Will buy lower.

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  6. TraderCaddy

    Never liked it when a Co. (INTC) that will report earnings is up in face of a negative market that day (like GS did).
    They tend to sell off even in face of a good report.
    In this case if INTC has good news and they gap up tomorrow SMH could be a good short at the open.
    Just watching.

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  7. Juice

    If I may ask, what is so attractive about CECO?

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  8. The Fly

    Tim

    PPT is more than buy/sell rec’s. It’s about screening for breakouts in sectors, using beta. It’s about finding stocks that have strong tech rankings, even if overall score is lower. And, finally, it’s about community, sharing ideas.

    RFMD is on the cusp of being a “buy.” My TER purchase goes with my st bullish thesis on chips. And, CECO just switched to a buy.

    Finally, I do not monopolize PPT ideas. Look at the sidebar; those were all actionable buy rec’s. In short quit hating, The PPT is the best trading tool ever invented.

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  9. Somali Pirate says
    Somali Pirate says

    we are taking all Bulls hostage….fuck you. Ransom payable only in gold.

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  10. Some Dude

    Thanks “FLY”

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  11. Dylan Ratigan

    Bob Pisani…you can NEVER take my place !

    You are little more than a spare…a scrub…a backup !

    .

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  12. Guy Adami says

    Fuck..i get everything wrong..and I am on TV…i love america..and pasta..cause I really am a dumb Gumbah

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  13. He Says She

    Options story about FAZ, FAS, SRS
    Financial Bull 3X-FAS 136,759 calls, 72,705 puts, May volatility at 230.
    Financial Bear 3X-FAZ 53,781 calls, 15,274 puts, May volatility at 221.
    Proshares UltraShort Real Estate-SRS 13,042 calls, 4,430 puts, May volatility at 163 according to Track Data suggesting wide price movement.

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  14. j0sh1ngU

    buying puts and calls on intel. and plan on entering back into shorts into the close

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  15. JakeGint

    ^^^^^^^^

    Options on FAZ/FAS. That’s like going pogo-sticking in a minefield after swigging a passel of nitroglycerine martinis.

    __________

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  16. Cash-N-Guns

    Jake…nice visual illustration..might try the martini part of that equation…

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  17. JakeGint

    I’m down to 10,000 feet and I’m watching the dollah…

    Developing…

    ____________

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  18. Bman

    Why not pick your next blogger from Collective2?

    http://www.collective2.com/

    These are some of the best independent traders in the world, at your disposal.

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  19. Darish

    RFMD looks good for a trade. CECO Looks like its gonna get burned.

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  20. Cuervos Laugh

    UUP @ 25.75 would trigger a DOG purchase by the Agosto Indicator.

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  21. alf44

    RFMD looks “toppy” to me !

    ——————-

    As does SMH…and most of the semis !

    Godspeed, Fly !

    .

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  22. The Fly

    buying RFMD into the bell, into the fire called INTC earnings.

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  23. Cash-N-Guns

    good luck Fly….risky move laddie

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  24. the prof

    half off srs…

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  25. ottnott

    Failed attempt at an SRS WTF! formation. That is a significant event.

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  26. j0sh1ngU

    weird how …… there are so many votes today. Almost double the first two rounds. Perhaps we should have a losers bracket or just a straight up dictatorship making the choice. Not saying that I should be in, but some people about to be eliminated simply should not. Some aren’t being voted against; yet they in no way deserve it. Just my $.02

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