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
23,445 Blog Posts

Fly Sell: PCX

I sold out of my entire position, around $7.80, for a 40% 1 week gain.

Indeud.

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26 comments

  1. kidstock

    Well done….FIG

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  2. Some Dude

    And made most likely more than double or maybe triple your average Joe’s annual wage…. INDEED!

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  3. Bull Rida

    Fly,

    Great call on it! I had sold my PCX for a small loss two days ago, because I didn’t have the conviction that you did! Damn it! I also sold my lvlt and OWW at a loss…ahh the knee-jerk reaction is always a damn good feeling!

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  4. gappingandyapping
    gappingandyapping

    What the fuck is wrong with my TV?

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  5. Dicey

    Well played indeud, sir.

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  6. Granpa

    …and who can piss in your face and tell you with a straight face it is not only raining but it is cleaner rain because of this administration.

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  7. gappingandyapping
    gappingandyapping

    Watch FAZ go nuts.

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  8. Free Trader

    Where are analysts pulling these estimates from? It seems that virtually ALL companies beats their estimates. I think SEC should investigate that. They post such dire #’s, anything more than that appears to be doing good.

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  9. gappingandyapping
    gappingandyapping

    You guys hear all the traders go wild on the floor when that guy talked about government getting out of private businesses? This time CNBC would not even mention it, guess they got scolded by daddy.

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  10. toptick114

    Free-

    They’re all working off of ‘sliced-and-diced’ (reduced) #’s.

    Bars have been lowered that infant can hurdle!

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  11. Quiet Storm

    you should sell everything

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  12. TheArtist

    fuck CNBC,

    by the way,
    Fly, good sir,
    what is the take down on this S&P not being able to break 875 in your opinion?

    are we in a stall, flatline for an upside, or a stall for a downside?
    I’ve sold out of all my positions today except my MOS, and was going to buy back on dips but…..

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  13. the prof

    covering 2k on amazon, profit around 3k, holding 6k. Continue to hold 6 emini short, in the money too.

    by the way, if you’re running a .org and somebody writes you a check for 5-7k, pick up the phone and give the guy a thank you call, or at least personalize your thank you note.

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  14. isay

    Anybody have a guess where we end up on the dow today. I’m short BGU and I’m not keepin at shit in my house over the weekend

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  15. Free Trader

    I’m reading all these Auto sales figures, bottom line is that they all beat analysts estimates. WTF? Sales are down at least 45% across the board, and all they said is “better than expected” Am I led to believe that it’s a good thing? Tell that to the people and dealers. A-holes.

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  16. Juice

    If you’re a bull, Joe Terranova has got to be putting the fear of beJesus in ya.

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  17. E8

    Added COIN @ 1.50 and PQ @ 3.56 …. already in SD

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  18. alf44

    An old Market axiom…

    If the Market ain’t going UP…it’s gonna go DOWN…

    ————–

    Jot that down and trade accordingly !

    .

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  19. fearin joe?

    only when i look at his eyeshadow

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  20. GA

    my longs and shorts are green today (except FAZ which is always red)

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  21. trader y

    nice freakin close

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  22. Bull Rida

    Fly,

    Deud, any hope for MSO? Matha got her poncho, from pison, shredded last 20 minutes of trade.

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  23. Cash-N-Guns

    XTXI…bbbrrreakout….! boom motherfucka…! bullshit close..financial tank Monday

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  24. EN1GMA

    indeud… shoulda followed your lead after your mishap with FAZ and SRS a few weeks prior… you cleaned up nicely fo sho

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  25. TheArtist

    the Fly never answers me, it is because I drink Glenlivet instead of Macallan?

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  26. Free Trader

    WTF happened to the mkt, so choppy today. Seems to me that bulls are waning. Or is it consolidating? I guess bulls posted another win for the week? Seems like DOW 10k is inevitable. Not even all these shitty economic news seem to FAZe it. Either that or these fuckers are seriously on crack made of optimism and pure speculation.

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