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
23,474 Blog Posts

Leveraging Up into $TWTR

I need social media exposure into the Twitter IPO. For the sake of the pristine reputations on Wall Street and Goldman Sachs, this deal must be a success. YELP ran away from me and I refuse to buy it above $65, so TRLA is my second favorite pick. My third pick is TRIP, then ANGI.

I want to own GMCR and will do so soon.

All in all, I sold HK at the lows on Friday and reallocated those dollars into TRLA, a stock that has been dead money for months. Nevertheless, I’ve never lost money trading TRLA and feel comfortable owning something that I have confidence and conviction in.

The SAC settlement is disgraceful, by all parties. $1.8 billion dollars to get away with crimes? How the hell can the government justify that outrageous fine without someone going to jail? Don’t get me wrong: I do not believe any financial crime, short of theft, deserves prison time. But $1.8 billion is freaking ridiculous.

I caught my respite today, up 1.5% in a milquetoast tape. God willing, this is only the beginning of receiving what is rightfully mines, by natural law.

If you enjoy the content at iBankCoin, please follow us on Twitter

21 comments

  1. zombie

    The Fly is God.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. themarketace

    Senor Tropicana,

    Would you dare to own $GSVC into the $TWTR IPO? Or do you think it will react the same as it did during the $FB IPO?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. The Fly

    SVVC owns TWTR too

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. themarketace

    Mr. Moe doesn’t care much for his shareholders, indeud.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. kapitalist

    Hope BALT earnings go better than DRYS today.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • bullfrog

      DRYS would’ve had a loss of around 7 cents a share (close to expectations) if they didn’t have the “Non-cash write offs and breakage costs associated with the full repayment of Ocean Rig’s $800.0 million secured term loan agreement and the two $495.0 million senior secured credit facilities totaling $61.1million or $0.16 per share”

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • heisenberg

      BALT has different structure but still, DRYS comments were good:

      “The drybulk market continues its recovery lately in the larger asset classes and as a result, asset prices across the board are rising. We are cautiously optimistic, expecting a sustainable recovery in 2014 and beyond and believe DryShips is well positioned to take advantage of the ensuing recovery in charter rates in the drybulk and tanker sectors…”

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  6. mr.partridge

    GRPN loaded
    TRIP OWW EXPE holding
    Happy trading all, I might buy TRLA tomorrow.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. bullfrog

    DRYS: 12 Capes, 28 Panas, 2 Supras
    EGLE: 43 Supras, 2 Handys (no homo)
    BALT: 2 Capes, 4 Supras, 5 Handys (no homo)
    GNK: 9 Capes, 8 Panas, 17 Supras, 19 Handys (no homo)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Fidel Cash Grow

    If you would buy a winner at any price, why not YELP above $65?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. mr.partridge

    Boss,
    Soda?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. pouncencapture

    I know you’re no big fan of TA, esp. simple patterns, but just FYI: TRLA completed a head and shoulders on Thursday, and retested the neckline (orange) on Friday.

    http://screencast.com/t/1hvhAFBB

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. ironbird

    When does coffee stop going down? A huge trade is setting up.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. grizzlyadams

    Fly, seems like you’ve missed MPO in your analysis. HK is a dog but if you liked it you’ll surely like MPO. 30k BOEPD production and a 1.9B EV.. that production alone is worth 3B. i’m sure you can figure the rest out. Cheers!

    • 0
    • 0
    • 0 Deem this to be "Fake News"