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
23,473 Blog Posts

Keeping My Powder Dry

I sold out of YELP and ANFI for profits and tossed the proceeds into a money market. I want to double the size of my AMBA and WETF positions and now I have the money to do it.

The prudent thing to do is wait until after the Fed news to take action, so that’s exactly what I intend to do.

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24 comments

  1. fly jr

    Short at will. This is a ridiculous pre Fed ramp so they have room to sell off post announcement

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  2. Mike

    long WETF..

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  3. fly jr

    huge phantom spikes on SP at 1640 now appearing. This market will test those tomorrow.

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  4. fly jr

    Huge gap fill tomorrow

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  5. Yabollox

    Buy SWY. Selling their Canadian assets for $5.8 billion. They pay off $2 Bil in debt and buy back shares with the rest. Short interest 21% of the float.

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  6. charles c

    raising cash here…paranoia

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  7. Helkel

    Fly do you think WFM could be a target of a big box retlr/grocery
    due to cash flo ?

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  8. Helkel

    Avnr has settled, watch spike to $5 in next 3 days, june option run

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  9. razorsedge

    good call sir fly.

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