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
23,445 Blog Posts

Pulling Back My Horns

I sold out of FWM, USG, EMKR and WIT, raising a significant amount of cash because I’m just not feeling this tape right now. There are demons who are plaguing me, tempting me with visions of grandeur and superfluities.

It’s my job to fight these demons to do what George Costanza would do. If he was in my place, he’d do the opposite.

After my sales, I am now 70% long, looking for opportunities, but on alert for a sharp pullback.

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14 comments

  1. zephler

    $NUS shall take the skin from shorts as their “NuSkin”

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  2. flyaway18

    Seriously, when a stock is up more than 20 percent from where it’s been bought in a week, do you just take the money and run?

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  3. Jules

    Do you like IBN fly?

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  4. Granpa

    Two stocks that have been GREAT performers this year that are due for a bloody nose are WDC and LL if we get The Fly sharp pullback. Several point drops could be very fast.

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  5. ponytailpuppet

    Mr Fly, be very, very careful about CHANGING STUFF. This new look and functionality is annoying already. Change for change sake is very risky online, trust me…. Take a lesson from Google. Black suited you, this is inconsistent with your brand.

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    • Dan Keyser

      Which parts do you find annoying?

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    • The Fly

      You are in the overwhelming minority.

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      • ponytailpuppet

        Your landing page is bland and ordinary, to say the least – zero edge (sic). A little less ‘search engine’ and a little more ‘search and rescue’ is all I’m saying. Bring back the grit.

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  6. jimmy bob

    what happened to forex KONG?

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    • Dan Keyser

      He got long Aussie and has been busy looking for his dick for the past month

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  7. mikeg250

    Sticking with USG through earnings and beyond. Still believe in housing fundamentals and how USG is involved with all new and rehab. residential building activity.

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  8. zzzdoc

    You should go back to your West Virginia roots and be a Coal Man again!

    zzz

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