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
23,446 Blog Posts

Fly Buy: CRM, OVTI, GLW

I bought 1,000 salesforce.com, inc. [[CRM]] @ $38.90.

UPDATE: I bought 5,000 OmniVision Technologies, Inc. [[OVTI]] @ $10.88. And, I bought 2,000 Corning Incorporated [[GLW]] @ $16.40

Disclaimer: If you buy CRM because of this post, the next time you are on a road trip, your car will break down in the middle of a freeway. And, you may lose money.

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34 comments

  1. BRK

    why CRM?

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  2. mrkcbill

    JED

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  3. mrkcbill

    I’m in love with this new layout in a very sensitive and disturbing way. Jeremy has game.

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  4. The Fly

    Just trying to add potential buyout names to the portfolio. I suspect we will see some m&a pick up.

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  5. JakeGint

    Fly, what happens to ERX if the Cap &Trade bullshit your guy Barry wants gets passed?

    _______

    Here’s what I don’t get… this bullshit is being pushed by Soros, and he’s heavy into the earls right now… maybe they are foreign names?

    _

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  6. JakeGint

    Also, have you tried to do the Gravatar thing yet? I did it, but it’s not showing up for some reason…

    _____

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  7. smartmofo

    I love your banner ads

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  8. Tradercaddy

    My old economics professor just posted a new video:

    http://www.youtube.com/watch?v=MoAyBb8D5GU&feature=player_embedded

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  9. Milan237

    @Jake you need to test your gravatar and then reload it should work the same happened to me.

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  10. bigpun2012

    CRM is horrible please learn from the chart addict. He has baskin in the glory of good picks the whole day.

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  11. ZenProfit

    When will there be another “Asshat of the Month” video:

    http://www.youtube.com/watch?v=pDzvduOheTs

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  12. The Fly

    Bigpun

    Go fuck yourself. Chart Addict has a diff style from me. Go there and be gone.

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  13. The Fly

    Hate to reiterate this again, but , trading based upon charts is for the illiterate.

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  14. bigpun2012

    as opposed to trading on what exactly?

    I luv u fly. Do not waver in your strength.

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  15. Philip

    FLY, FWIW Ellison is now interested in the cloud computing space and has begun “creeping into the space” Article out today. check CRM news. I agree with FLY.

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  16. Cash-N-Guns

    ELN…= takeover play…

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  17. The Fly

    Based upon sentiment, fundamentals, themes. You name it, anything but lines on a chart.

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  18. JakeGint

    Milan — whaddaya mean “test it?” At the site?

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  19. Cash-N-Guns

    DVAX…late run…..! just saying…hey Fly …I play golf with Pat Burrell once in awhile..he said..uh…the Mets suck

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  20. Eric

    Fly, what do you think of JAVA as an arbitrage play?? Stock trading at 9.00…buyout is for 9.50. Thats an easy 5.50% return assuming this closes by 9/30 as the companies say it will. Thoughts?

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  21. newbiewannamakemoney
    newbiewannamakemoney

    Fly,

    send your minions to MVIS to find out what is going on. MVIS is on FIRE again…

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  22. Gunners

    two comments:

    all the posts on the front page list how many comments they have, but it says commments with 3 m’s.

    the author of the post on the peanut gallery box would be helpful.

    great work with the site (wish i was still a blogger).

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  23. Anton Cigur

    Jonathan Schwartz still has time to get his ponytail stuck in the gears and fuck this up.

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  24. Anton Cigur

    re JAVA, that is.

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  25. CavemanForecaster

    Jake, on the avatar. It works based on the email address you used when you set it up with gravatar so here on IBC you need to make sure IBC associates your comments with that same email address. Just an idea to figure out why it aint working.

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  26. Yogi & Boo Boo

    @ Anton – Don’t get me started about the pony tailed one…

    Filed under “Win Some/Lose Some at the Close” :

    TRID +15.73%
    FNSR – 18.1 %

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  27. The Fly

    Gunners

    You are welcome to come back.

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  28. Free Trader

    Fly,

    Any ideas what happened with TRID. ALl of a sudden a massive surge~!

    Anyone here holding XOMA? WTF happened to that piece of shit! Wow massive sell order on XOMA!!!

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  29. JF

    Nice redesign of the website.

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  30. Anton Cigur

    Yogi – The fall of Sun reminds of the scene in Goodfellas when, after running the restaurant totally into the ground, they torch the place for the insurance money.

    Many, many smart people once worked there. Long gone now.

    Once the place is empty and only Schwartz is left to turn out the lights, he’ll finally be what he’s always believed himself to be: The smartest person in the room.

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  31. Tradercaddy

    I loved to trade SUNW (now JAVA-still can’t get used to the symbol) during the dot com era.
    I recall it getting up to about 250 or so near the peak. It would battle with QCOM in the pre-market to see who could tack on the most points.

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  32. cc

    whats your target with GLW?

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  33. cc

    also for OVTI why not wait until closing above 11.5 for buy could still be a long time

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  34. Anton Cigur

    TC,

    Made our first “real money” w/SUNW. The peak was about $90 if I recall. If it went $250, I left deep seven figures on the table, lol.

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