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

Final Preparations Made

Seeing that The PPT was right again and we are declining, I sold out of the balance of my Jarden Corporation [[JAH]] position and a few other loose ends, mainly for peace of mind. Frankly, holding midget positions is not my style. If I am going to lose, I might as well lose in size, like my Flotek Industries, Inc. [[FTK]] endeavor.

I have one final post for the day pending, then I am off for a ride in my 1980’s style limousine to throw blockbuster firecrackers at the pikers, down on Wall St.

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4 comments

  1. jg

    fig

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  2. Anthony Brown

    Seems like $FTK should at least throw a PPT ad on their home-page 🙂

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  3. Danny

    Not to be some kind of asshole (or maybe to be some kind of asshole), but what the fuck is the deal with FTK? Why did seemingly 85% of readers buy that POS? Cuz it was a few bucks? Fly? OK, sure, time machine and all, seen it in action, driven it a few times, but then why the large position sizes (inferred via griping)?

    I’m honestly asking for the reasons to hold FTK, bec shit, if it’s good I want in.

    It’s like the. only. stock. that hasn’t performed since March. Imagine if I told you I was dating a girl since march who had since gained weight (ie, not appreciated) and has never put out once. Wouldn’t you tell me just to throw in the towel and sack the fuck up already? I think the example is pretty apt, and puts the whole sitch into perspective.

    To you all I offer the same advice.

    Obviously Fly doesn’t need to hear shit from me, but da rest of yous….answer my question.

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  4. smurf

    FTK was a good sacrifice for the market gods. Can’t have all winners or the gods get angry and wreak vengeance on one’s portfolio.

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