I was looking at GOGO spike into the bell, watching it become my largest position, passing IMMR, then decided to sell half. Ahead of next week’s Fed meetings, I believe it to be prudent to raise capital for a rainy day or two.
With the GOGO sales, I am now in a 30% cash position.
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Got it. I am having Jeremy look at it now
Thanks, I’m in.
What’s your YTD now?
+51.5%
Fed week will probably be volatile, but after, we will find ourselves at the levels we are now +/- .3% Too much anticipation for it to be a real market mover. Everyone buying insurance will get screwed.
Also sold 1/3 of my position in GOGO today for commission cost and chump change…market does not seem to feel as bullish as the numbers.