iBankCoin

Ok, This Is It

Even though TLT is not up, I believe the market is trying to anticipate a rebound in bonds. The hard trade here, without a doubt, is to go long. Agreed?

Having said that, I started to average down in IMMR, buying around 30,000 shares sub $12.85 so far. Upon a further decline, I will add to the position.

In short, this is high risk because we don’t know. Recent history suggests the hard trade is typically the right trade and that is long. Nevertheless, I am still overwhelmingly in cash–but actively buying IMMR.

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57 comments

  1. BRAVEFLAPS

    SWEEP THE LEG, JOHNNIE!!!

    http://www.youtube.com/watch?v=uFlQNtL8F9s

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  2. Archie

    You’ve been nailing your Sunday night headline previews. Care to venture a guess this week?

    Probably an unfair question in this market.

    Like USG down here?

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    • The Fly

      I like it.

      Sunday night headline is as follows.

      CHINESE DESTROYS ALL BEARS WITH SURPRISE RATE CUT

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      • TraderCaddy

        I had to go to the ole’ standby Urban Dictionary to determine the definition of a Chinese Surprise.
        And here it is:
        1. Chinese Surprise

        Occurs when a man places a firecracker inside a woman’s vagina. The wick is then lit and a muffled pop is heard. The anus is also an acceptable position for the explosion to occur.

        I Chinese Surprised my girlfriend in her sleep… still at the ER.
        http://www.urbandictionary.com/define.php?term=chinese%20surprise

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  3. Montrose

    Unless you’re expecting significant governmental action over the weekend that would gap up the markets come Monday, why not wait until the open to add?

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    • Boy Plunger

      You can’t wait until you expect something to happen to act or you are reacting and you are late.

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  4. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Good call, el capitain.

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  5. jj

    way to be patient

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  6. charles c

    CRM keep an eye on this one

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  7. Munch

    Hard?

    Or stew-pid?

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  8. Matanzas

    big volume on $GNRC’s up move today

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  9. lol

    The NSA spy’s on its own people, Snowden exposes them and now they want to charge him for espionage… lol, oh the irony.

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  10. Mr. Partridge

    Calgary has the biggest flood in history about 200K + people are being evacuated … too much rain

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    • snoozemr

      got some Toronto Exchange housing and disaster related tickers with this news?

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      • Mr. Partridge

        not funny

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        • Granny won the Scratch Off
          Granny won the Scratch Off

          fuk you and canada

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        • Bobby weirdo

          I don’t think it was humor. Crap happens, trying to profit off of it doesn’t mean you cause the flood or are rooting for it. Remember, this is a stock picking website and people probably didn’t know you lived in Canada…

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      • Granny won the Scratch Off
        Granny won the Scratch Off

        Fuk Calgary.. really what have u done for anyone lately other than rape the land for tar sands worst than china world polluter fuks

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    • charles c

      short corn /zc

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  11. Granny won the Scratch Off
    Granny won the Scratch Off

    lick your balls

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  12. Granny won the Scratch Off
    Granny won the Scratch Off

    Post some buys or sells Far moar people died in floods in Bangladesh today.. stoopid centric canuck

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    • Mr. Partridge

      LIke I said I have my dog cock for you to buy and I can sell you his balls to suck on .. enjoy my dear 🙂

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  13. Granny won the Scratch Off
    Granny won the Scratch Off

    Canadians earth rapist

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  14. Granny won the Scratch Off
    Granny won the Scratch Off

    Calgary is worse than China and Romania for world pollution.. Bunch of cattle fuckers and earth defilers Fuk Canucks

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    • Mr. Partridge

      I am sure you would know a lot about fucking cattle in Romania. Enjoy you evening and wear protection .. or not 🙂

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      • Granny won the Scratch Off
        Granny won the Scratch Off

        STOOPID. FUKIN CANUCK

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        • Canadian Immigrant (Chineses descent)
          Canadian Immigrant (Chineses descent)

          Granny! You look lot like John Candy in Planes, Trains and Automobiles where Candy (Canuck) singing “Doing Mess Around”

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  15. Granny won the Scratch Off
    Granny won the Scratch Off

    Hope for moar rain in stupid Calgary so their septic tanks overflow and their stupid people choke. like the earth that they stole from the Indians died. Polluters!

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  16. Granny won the Scratch Off
    Granny won the Scratch Off

    anyone who would use the name Mr. Partridge would have to be a canadian.. fuk face

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    • Boy Plunger

      Apparently you haven’t read Jessie Livermore’s book nor did you get the reference.

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  17. snoozemr

    well mr p – I wasn’t joking w the ticker picks – was serious. not sure if you were originally responding to me or your new friend.

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  18. Granny won the Scratch Off
    Granny won the Scratch Off

    Hey Mr. Partridge go gandolfini for us!

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    • The Fly

      Asshole you’re banned.

      Unlike you, mr patridge contributes to ibc and offers good picks.

      You’re just an idiot.

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  19. JTU

    Granny!!!!
    You’re Fucked!!!
    In the Head!!!

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  20. Ken

    This is off subject, but my wife’s an
    artist. http://www.bforbel.com/2013/06/one-womans-struggle-to-reuse-her-penis-cake-mould-im-dyingggg.html

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  21. Masanda

    Can the ban-hammer be swiftly brought down upon those deemed most ungentlemanly here?

    This is a level of ridiculousness that doesn’t belong in these hallowed halls.

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  22. No longer kidding
    No longer kidding

    Fly what do you think of emerging markets debt PCY and stocks EEM? Buy blood or steer clear?

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  23. The Fly's Rickshaw Driver
    The Fly's Rickshaw Driver

    Dey suk dik dik. No play. Stay away.

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  24. Dr. Fly

    Everyone who has commented on this thread is banned.

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  25. jbran

    I have heard it said, the market never bottoms on a Friday,traders go home and over the weekend brood over their losses and sell on Monday. Maybe it will be a turn around Tuesday.

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