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
23,428 Blog Posts

My Prospects Are Looking Bountiful

First and foremost, my position in CXO is paying off handsomely, right off the bat, allowing an oil man like myself consider expanding into degenerate lottery stocks. Very few of my positions are lower this morning and I do not care about news anymore.

I am sure there’s a reason as to why stocks are up, stemming from some lunatic speech in some idiotic country. But it’s all moot to me now.

As an oil man, all I care about is the prospects of my holdings. I will sell some too early and some too late; but making a profit is all that matters.

A great man once warned against timing tops and declared “I will seize the fat middle, every single time.” When reviewing my trades and wondering why in the world I sold so early, I am reminded by this piece of advice and feel grateful that I am so profitable this year.

Looking over the market I see that FIRE was acquired by CSCO and boat stocks are ripping again. If I miss GNK on the upswing, I doubt that I could ever forgive myself. I am now stuck between greed and fear, cognizant that both cannot exist at the same time if I am to be successful.

At the moment, I am sizing up the tape, contemplating putting on more risk or removing it.

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One comment

  1. surplus_drones

    Onwards to victory.
    Building a shopping list ova heah.
    Going on the treasure hunt.

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