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
23,441 Blog Posts

Fly Sell: MAS, ATPG, EWP

I sold out of Masco Corporation [[MAS]] , north of $14 and ATP Oil & Gas Corporation [[ATPG]] , north of $17.30.

UPDATE: I sold out of [[EWP]] , north of $41.10.

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21 comments

  1. FIG

    Nice, very nice… This is why my name is FIG. You are a smart man indeed.

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  2. arch

    by taking profits you can avoid the urban wildlife interface found in these parts..nice call on them..i didnt participate

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  3. FIG

    BTW, Fly, please let me know what you think happens in 30 days when the bullshit “deadline” for Greece ends. I don’t believe any leader in Europe is going to be willing to bail out those Greek assholes. This bullshit recovery is over. Propping up commercial real estate is the name of the game. The big news is out however, now that SPG was given GGP. What else can they do to keep SPG up with vacancies mounting.

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    • Mushroomz

      Tennessee has more debt than Greece. Nobody cares.

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      • TheArtist

        but Tennessee has Jack Daniel’s,
        nuff said.

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        • Mushroomz

          Right, I am not suggesting that Tenn is in trouble, rather that the Greece thing is being blown out of proportion.

          Love my Jack Daniel’s

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        • mrsbuttons

          that’s why their horses walk funny.

          nicest people in the country live in TN

          no personal income tax. best lakes.

          beautiful hills. best FM jazz station in the country.

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    • The Fly

      To be honest, the Greece situation makes me a little nervous. However, it is clear to me that “the powers that be” are wholly in control of this market.

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      • Heaterman

        …..”powers that be”……… Truer words were never spoken. Said powers are the new wild card in mother markets hand these days and one that has never had to be accounted for to the extent now present.

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  4. Le Fly

    Sold mas to be donebwith losers. Sell losers, keep winners.

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  5. peter

    I am a newbie and need a primer on your body of work.

    I like your style – terse, to the point, no parties, etc. Now I need to understand your unique language. Yesterday’s post on seasonality, for example…I am lost.

    I have tried to understand PPT. It appears to generate results that appears better suited for an institutional program trader than an individual retail investor focusing on two or three actionable ideas. You post some of your trades, I know, but I am trying to learn and willing to pay for it. I have paid for other trading platforms, strategies before, and I want to be better educated with PPT before I buy.

    The contents of your website features texts written in bubbling testosterone. There is much warlike prose, which is fun to read, but I detect in you a zen mind which I dont want to understand, but appreciate.

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  6. fintech1

    FLY, will you be adding more JAH prior to today call??

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  7. Speculation

    5 reasons why traders fail

    Here is the link to the report: http://bit.ly/bQ5Vp4

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    • Just sayin

      My software thinks your link is a fraud site, asshole.

      “You are attempting to connect to a reported fraudulent web site”

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  8. Wolfschanze

    So If memory serves me correctly you are selling MAS at a loss, what is your rationale with regards to why it will not perform? Since you have picked it up it has underperformed the market, isent there an expectation it will rebound? thoughts?

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  9. mrsbuttons

    monsieurr le fly c’est toujours le meme chose – JAH! c’est magnifique AH

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