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 Buys: FITB, TRID, GLW, ATML, ARD, FTK

I bought 50,000 FITB @ $7, 10,000 GLW @ $15.60, 20,000 ATML @ $3.95 and 5,000 ARD @ $36.20 and 10,000 FTK @ $2.40.

Disclaimer: If you buy the above stocks because of this post, you are nuts. And, you may lose money.

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29 comments

  1. DrewDog

    Fly – are you approaching 250,000 shares of FTK?

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  2. retox

    TRID
    $177 to $182M cash
    $55M debt
    $111M mkt cap

    easy money

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  3. The Fly

    Drew

    Way more than that.

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  4. GA

    I could end this rally right now by going long, but fortunately for you, I won’t.

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  5. Big Mike

    Pretty soon, Fly would be going after board seats at FTK…

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  6. Big Mike

    Im dumping all my retailers…Oil going up is very bearish for retailers…Will switch funds to banks/oil services.

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  7. The Fly

    51% holding of SFE, CLRT, is RIPPING.

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  8. masterpain

    Thats a monster head and shoulder pattern on FTK on the daily. Good luck with that. Say squeeze!!!

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  9. KC

    Fly you still holding your FNSR?

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  10. Fly,

    What are you thinking that FTK will go to?

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  11. Raisincane

    GM (GMGMQ)The Treasury Department(WE-THE U.S. TAXPAYERS), which is bankrolling the bankruptcy with $30 billion(don’t forget the original $19B totalling $49B+), will own 60 percent, while the Canadian government will take 12.5 percent in exchange for its financing.

    GM’s other stakeholders will include the United Auto Workers, with a 17.5 percent stake, and GM’s bondholders, who will get a 10 percent share.

    GM’s current shares are expected to become virtually worthless once the company sells its best assets to a “New GM” and liquidates the rest in bankruptcy court.

    PLAY WITH CAUTION!

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  12. The Fly

    Still in FNSR. FTK to $3 soon, then I will think about targets.

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  13. really ?

    masterpain,

    good call on the H&S – would have been a better call in October 2007 though. you rock!

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  14. fly, arey ou holding any shorts as hedges or are you 100% Long?

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  15. masterpain

    I said daily. It is one month or more forming. You sound so scared it made you anonymous . Watch out for dandruff!!

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  16. DEVILDOG

    LOL.

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  17. TheArtist

    Fly, I’m going to ask you a question.

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  18. TraderCaddy

    What to do?
    What to do?
    What to do?

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  19. TheArtist

    TradderCaddy….. go drink a cold beer, that’s my suggestion…

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  20. Gwar

    HLX has been a steady pusher if you need an Energy play

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  21. really ?

    Holy shit – you are talking about those little flea bumps? H&S?? Now THAT is funny. Jesus – go back to chart school.

    “Prior Trend: It is important to establish the existence of a prior uptrend for this to be a reversal pattern. Without a prior uptrend to reverse, there cannot be a Head and Shoulders reversal pattern (or any reversal pattern for that matter).”

    http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_t

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  22. Masterpain

    Hey, hope all you want . That stock is a better trade above here when it breaks. Your going to hold it a long time the way you sound. Quoting 2007 Oct. I would think you would be better flipping it and looking at those little flea bumps . Like I said squeeze!!!, get another 100,000 shares. Put your money where your mouth is .

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  23. really ?

    I don’t own FTK. Just thought that was a ridiculous call.

    You should short some with that “MONSTER” H&S. I’m sure Fly will lend you some shares.

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  24. FTK did print a Bearish Belt Hold candle pattern yesterday.

    Fly, man up and take a lose. You’re up 60% ffs.

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  25. FTK = FuTcKed

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  26. TraderCaddy

    The way I see it.
    FTK printed a double dildo on an inverted engulfing harem.
    It looked like a hanging man but turned out to be nothing more than a dead cat in a tree.
    Add the above to a dark cloud and the fact that Uranus is now in sync with Jupiter and the fact that Moes is having a buy one get one free taco means that FTK could go up OR it could go down.
    I do know that it will do one or the other.
    Guaranteed.

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  27. Keyser Soze

    They can’t even force a selloff into the close the day before non-farm payrolls. How the world has changed in 3 months.

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  28. PoorOkie

    SFE is BTFO – thanks for the tip Fly

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  29. kush

    If fly gets on the board for FTK then its surely going through the roof.

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