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
23,471 Blog Posts

4% Day

The hits keep coming. I sold out of my MWW position for a 34% one week return. In addition, my larger FTK position is sprinting, based upon the aura of “The Fly.” I started new positions in PWAV and SNIC. SNIC is interesting because they might be selected by CSTR to stream movies. “Might” is the operative word. Either way, I like the short squeeze aspect to it, going into earnings, based upon the idea that the movie business can do no wrong.

It’s also worth noting, I enjoy cutting loose losers on big up days. Having said that, I closed out my short positions in both AEM and SPG.

Essentially, thanks to recent wins, I have erased the majority of recent VXX losses, but not all. Nevertheless, my gains are now over 30% for the year and I am beautifully positioned to press my rights, going into Turkey Day.

[youtube:http://www.youtube.com/watch?v=Bm5iA4Zupek&ob=av2n 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

37 comments

  1. jg

    fig

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  2. ruggyup

    Well! Nice guys do finish high in the standings. For a while. But, tough trash talking mecs are more fun.

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  3. snickers

    http://emoticons4u.com/happy/042.gif

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  4. Yogi & Boo Boo

    Well done sir.

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  5. scott

    Let me curse for you:

    fuckin ayyy…

    very nice.

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  6. A Monkey with a Wireless Solution
    A Monkey with a Wireless Solution

    Big day for PWAV, someone spent $1M at 1PM.

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  7. Bullish

    Congrats on some big winners this week.

    FYI – I downloaded the Kayne West song after listening to it here. I hope you get a referral fee from him.

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  8. Mr. Partridge

    Look at golds and silvers go….

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    • JakeGint

      Yep. The 200 ANV calls I got yesterday morning are up 50% in one day. Kind of wish I was around today to rake some profits.

      ___

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  9. Mr. Partridge

    Dr. Fly,
    natural gas in reversal mode in the past 2 days…
    expect good things form natty names this winter.

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  10. Dayman

    HE’S ON FIRE! BOOMSHAKALAKA! Good call on FORM.

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  11. Jimbo

    FORM jumped!

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  12. Jimbo

    FORM jumped!

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  13. boulevard

    Thanks Kanye, Now I feel like a jerk-off, ’cause I never take work off.

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  14. TraderCaddy

    There goes my planned vacation in Yemen.

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  15. The Gnat

    30%??? Puhlease, you’ve sucked terribly. Hope you’re managing 8-9 figures in your mind at the very least

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    • The Fly

      Actually, 32%. Go suck on some golf balls.

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    • Soother

      lose millions on recent trades yo held for months, make a couple hundred k by buying a stock into earnings, say youre up. my type of trading!

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  16. Rand

    Lets see, how many votes does it take for the gop to take control of both houses?
    Are those the 8-9 figures you were refering to?
    Fly does well, all the year through, with 2 monrhs to gp, as well.

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  17. Vegastrader

    Up-graded today from a Piker to a Distinguished Gentleman. I enjoy the great company and great trading ideas. PPT rocks.

    If you are not a paying member you are losing out. The real trade ideas happens inside PPT. I have learned more about trading on PPT than on any other blog site.

    Thanks all.

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  18. Le Fly

    Soother

    Do you have any idea how many shares of ftk i own?

    If not, then shhhhhhhhh.

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  19. Le Fly

    And i didnt say i recovered all losses, just a lot.

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