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
23,455 Blog Posts

My Winship Cannot be Interrupted

I added to my REXX position. I would have added to my PSUN; but it’s already a full sized position. FTK does not trade lower, no matter how much stock I sell. Why am I selling shares?

Answer: liquidity.

My position was too large and I could not let this opportunity pass me by. I made more than 65% for my investors, over 1.5 years, and it’s time to pare it down. I will keep some on the books, for the novelty.

My CIEN position looks great. It’s doesn’t want to trade lower. Keep note of that.

Bottom line: today’s a fucked up day. So what? Next thing you know, we mushroom cloud Pyongyang and the market storms higher 200 in celebration. Look, your situation may be different from mine. I got money to burn here and I have no fear. You fucking cowards piss your pants at the first sign of trouble. I punch trouble in the face, with dynamite sticks.

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24 comments

  1. winship

    first!

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  2. TeahouseOnTheTracks
    TeahouseOnTheTracks

    I pull my zipper down and piss on dynamite!

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  3. Colonel von Ryan

    Yeah, I watched ’em galloping away in a frenzy, taking losses, minimizing gains. Bottom line is Obama will ignore Korea, he was asleep when it happened so in his mind it really did not happen. When asked by reporters Secretary Gates said “Refer to the Whitehouse on this issue”. ‘Nuff said.

    Good call Mr. Fly, CIEN performing in the eye of adversity….

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  4. wilmer

    Where is Frank!?

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  5. Gg

    You could have made 65% in a ton of safer names than ftk. Aapl, amzn, nflx, crm etc…

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  6. The Bearded Clam

    I punch trouble in the face with wads of $100 bills.

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  7. J

    The Fly is a puss

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  8. panamaorange

    As shortable as IWM looks, would you be jumping in short FXE or FXA here? ( or short USO )?

    Oil and the euro ,combined, have more influence than the half empty ES pits –during holidays.

    South Korea let North Korea kill 46 in that torpedo attack. They’re not going to turn around and start a war over one death here.

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  9. DownTick

    “The Turkey Gods” have been found dead, near an orange dumpster, with all of their feathers plucked out.

    Fly, 11/21/2008

    http://ibankcoin.com/flyblog/2008/11/21/the-devil-is-in-the-tape/

    I suspect the orange dumpster was behind a Korean restaurant this year.

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  10. wolfdaddy

    Fly is done selling FTK for the day? Here comes 4.

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  11. Jason

    HUSA en fuego again. FLY needs 10,000 shares of this baby!

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  12. Frank White

    HRBN oh boy. Rotsa ruck.

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  13. teapotdome

    I bought into the FTK dip today.

    Starting to think those Dec 18th $5.00 calls are no brainers.

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