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 Buy: FTK, ATHR, SD

I bought 105,000 shares of FTK between $2.44-2.55.

UPDATE: I bought 2,000 SD @ $9.50 and 2,000 ATHR @ $18.04.

Disclaimer: If you buy FTK because of this post, the stress test will prove to be a killer, effectively putting you into cardiac arrest. And, you may lose money.

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27 comments

  1. jg

    fig

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  2. Chuan

    105,000? that 1/5 the average volume

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  3. ZenProfit

    That’s 11% of today’s TOTAL volume.

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  4. London

    yup, it’s all glorious. Rubini? – isn’t that a river in Italy? Krugman? – didn’t he used to be some old guy? Whitney? – never heard of her, whozat?

    At the same time, I’m steadily trimming. Let UYM go today. No shorts, less equity longs, raising cash, holding TBT.

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  5. zaw

    crazy move.

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  6. The Fly

    You fucking idiots think I am playing around?

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  7. Bull Maggot

    Squeeze it Fly!

    p.s. when the fuck is LVLT gonna get its groove on?

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  8. stockguy22

    fly ur a trip i love it

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  9. ridiculousmarket
    ridiculousmarket

    But but FTK has delisting concerns.

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  10. shortcover

    watch 903 on the S&P (12/31/08 close)…line in sand?

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  11. gappingandyapping
    gappingandyapping

    Its time to get drunk and buy stocks, 1000 next stop. Hell at this rate we could be there by the end of the week.

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  12. Alotta VaChina
    Alotta VaChina

    CHIO to the moon tomorrow
    MYST ever further

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  13. Aris

    buy all the reflation shit. all of it. doesn’t matter.

    i looked at FTK this am, actually as a nostalgia thing. didn’t get in though. too busy fucking with PCX.

    peter schiff’s revenge trade

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  14. JakeGint

    Hey Fly, check out SONS today. Talk about morte munny….

    It’s like everyone got to go out and party today, except SONS — they had to stay home and mind the 7-11.

    This is not a lending lie-brerry!

    ________

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  15. gappingandyapping
    gappingandyapping

    My strategy right now is to buy all commodities except gold. And to hedge that, short CRE and Financials in levered fashion to define risk. In my opinion the market cannot rally without oil and vice versa so I put the correlation at +1. I am heavy long DXO and UNG as posted last week.

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  16. kunal

    i gave ftk pick at 7:30 this morning im sick of this motherfucker stealing my picks copy someone else’s shit or admit that your reading mine!!!!!!!!!!!!!

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  17. Dr. Soused

    Dearest Fly,
    Why go far (long) ATHR when PPT says flee (sell)?
    The reason to buy PPT when thee is against it, I don’t see.
    Please explain to me, if you please.

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  18. JakeGint

    Fly —

    If you are going to by Arthur (King of the Britons: ATHR), it would only be symmetrical to buy Anderson (ANDE) as well.

    (Apologies to the old CPA’s watching who are tearing up right now).

    ________

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  19. JakeGint

    My friend Gappy (and I mean that sincerely) has lost his mind…

    Gappy says: My strategy right now is to buy all commodities except gold.

    ____________

    Translation in this market?

    My strategy right now is to breathe all the major gasses except oxygen.

    ________

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  20. j

    ftk is about to go down probaly to where fly bought it im also watching pcx and bee

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  21. JakeGint

    Kunal — Harold just called, he’s down at White Castle looking for a new partner in bong.

    _______

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  22. Isay

    PCX up 100% in a few days?
    Target?
    Talk about buying momentum!!
    I’ll watch

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  23. gappingandyapping
    gappingandyapping

    Jake: Let me clarify, I am currently doing endless amounts of whippits while guzzling whip cream.

    But just to look at things in perspective:

    DXO: +6.12%
    UNG: +5.01%
    SLV: +4.62%
    GLL: -3.74%

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  24. Fly says buy shit ending in X – CROX PCX etc.

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  25. stockguy22

    jake haha thats funny shit he does look like the guy off white castle kunal your a FUCKING MORON GET A LIFE!!!

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  26. JakeGint

    Holy shit, Gappy, it’s time to take a day off (the whippets at least)…

    “GLL” is not a gold ETF, it’s a gold double short!

    Take a look at GLD or any of the Jacksonian golds I’ve talked about (RGLD, EGO, GG, etc)….

    _______

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  27. j

    huge profits today we celebrate by putting on the gas mask filled with widdow gonja… now thats life

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