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
20,690 Blog Posts

“The Fly” Is Partaking on an Expedition

Shares of USU skyrocketed today. I didn’t even bother looking at the news. All I had to see was the number of shares in its float and I knew why it went up. It’s a very tricky thing to be long stocks with thin floats. You need an ‘event’ that can provide you with the liquidity needed to get out at a handsome profit. Often times, when taking 7 fig positions in illiquid, low float names, the ‘event’ can be you taking the damned position, so you need another one.

Do you follow me?

Now if you’re buying into an already hot sector, there’s a good chance ‘bargain shoppers’ will get around to your name, bid it up, flag it on message boards, putting it to the top of the most % up list for the day. When that occurs, snowballs turn into avalanches and USU happens.

On the other hand, if you want to be really early in a name, buy into it when the sector is icy cold, or following an earnings shortfall. You will have to wait at least 3 months to get paid, but the reward can be bountiful.

To be perfectly frank with you, I am very eager to find a huge winner, having sold out of YGE and SOL too early. I need ‘the next one to go.”

I promise you, one of the stocks I am going to reveal to you will be a monster winner. Which one will it be?

UNXL
CERE
SUPN
CYCC
CWTR
BGMD
PEIX
CPSS
LNN
STRA
FBN
RAIL
ROSG
GEOS
ASPS
REDF
SBLK
CUTR
OCLS
CLNT
LBIX
DQ
PULS
EPAM
DRL
CSUN
CLIR
CIMT
CAAS
BIOD
USCR
FBRC
BREW
ADNC
ATOS
CHCI
CYOU
CPLA
CLFD
LEDS
ENVI
ENPH
RRGB
NCTY
RST
TROV
MN
ACPW
BODY
EGLE
MDCI

I know it’s a lot of names. They need to be weeded out. But there is treasure to be found, somewhere on this list. I promise you that. Ragin Cajun was kind enough to link up a chart on Chartpin (an iBankCoin property), so that you could vote for your favorite name. I am certain the majority of you will be too lazy to sift through the charts. But for those of you who are industrious and have some times to kill, humor me by voting for your favorite names.

Trusting consensus, I will then remove the names that received the least votes, run them through another filter or two, then begin to build a position.

Who’s up for a treasure hunt?

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35 comments

  1. The Zombie

    The Fly is God.

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  2. dae42

    One vote for ENPH.

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  3. RaginCajun

    easy way to shift through charts using #hashtag: https://chartpin.com/#hashtag/LOWFLOAT

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  4. DMAN

    $ROSG and $ENPH

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  5. bugatti

    LNN

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  6. Nautique99

    I like EGLE, SBLK

    I know it’s not on the list but FAZ looks yummy…

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  7. Jules

    EGLE

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  8. MS32

    You may want to add NEPT to this list

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  9. Mike

    CPSS

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  10. muktukchuk

    EGLE is a stock from the underworld. I have owned it on 4 occasions. It has left me virtually eviscerated, having ragged dolled me, on one occasion from a 3x gain to a wimpering mess of a 70% ass raping. I win own it again, shortly. I am not particularly proud of this.

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    • Ben

      Theres no one to blame but yourself on that one Mr. Muktuk. Anyone who lets a 3 bagger come back to even, let alone a 70% loss, was blinded by greed and unable to properly assess any kind of risk/reward. Good luck with the next go around

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  11. Denizen

    ENVI and PULS are exactly the types of set ups I’ve hit home runs with.

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  12. tpain

    I like PULS. Left a note on it in the PPT.

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  13. snoozemr

    yikes. well i’m about to start a 2 day trial, but I look forward to going over this list hopefully beginning late Thursday. I hate to rely on making my fortune on the always ‘soon to be flying’ shippers, although we’ll see where Brent and WTI lead us over the next week. seems like a decent bit of China plays which always bring me back to my last Chinese disaster – some time ago though – CHGS. Was a rare earth play and rode them while they were hot -but I believe the CEO committed hari kari (realizing that this is normally a Japanese ritual) when a buyout was voted down. If ever a sign to sell. Swear it was CHGS. Anyhow, looking forward to purveying these tickers. Would add UCP here- I’m looking for a run if she’s bottomed.

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  14. Meerk

    What is this about chartpin being an iBankCoin property?

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  15. YipStarr

    $ARCI
    $LWAY
    $DRAM

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  16. fake amish

    LNN should be good. Every one knows all assets must only go up or the system implodes. Check out the futures tonight. A snail climbing stairs.

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  17. fake amish

    Wtf happened to wall street media? Fart Box is a disgusting flirt fest between two dudes. The mad man looks like lon chaney from phantom of the opera. The network is worse than a reality show. Even the masters of the universe now openly appear in womens fashion or not, with an abundance of extra bright horse teeth. The game seems to be at a crossroads.

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  18. try this

    HMY

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  19. Dr. Clock

    PULS….on a (slight) pull-back.

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  20. Juice

    gee, that looks like a list for the likes of a Devil

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  21. ripper

    Best post in a while. I will go with

    CERE

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  22. Mad Marsupial

    Checked every daily chart for about 30 seconds switching between 1 yr and 5 yr. No fundies considered.
    Tier 1: SBLK, ROSG, CWTR
    Tier 2: SPUN, UNXL, CYCC
    Tier 3: NCTY, ENVI, PULS
    Full Disclosure: I’m an idiot.

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  23. flyaway18

    IDK, this does not seem like a good idea to me, too much of a gamble and I’m not sure why. You’re up nice, Fly…for the year

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  24. Zenhunter

    I’ve my money on $BIOD waiting for phase II result in about month or two. Positive result will turn this into another $USU. Basically a gambling bet.

    I like $NCTY on the chart.

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  25. gatorsun

    ya all need to jump back in the coal mine WLT ANR

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  26. Jolly

    CLNT

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  27. Granpa

    PEIX CUTR and CSUN for the short term.
    CWTR CPSS BREW and NCTY for the three month roll.

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  28. The Plumber's Crack
    The Plumber's Crack

    CLIT

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  29. The Plumber's Crack
    The Plumber's Crack

    whoops, I meant CLNT

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  30. Mr Boulders

    in no particular order:
    DQ
    CLNT
    ROSG
    SUPN
    ENVI
    PULS

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