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
23,433 Blog Posts

My Analysis on the Current Situation

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25 comments

  1. Flanki

    again?!? lol

    FEYE upgrade at Wedbush FYI.

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  2. Mr. President

    An interesting stock to keep an eye on is TITN. They report earnings this week and a massive amount of the float is short. Stock’s been poleaxed as of late. Could squeeze hard if earnings are anything but terrible.

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  3. Rong Xu

    Excuse me, Mr. President Fly. Are you aware YELP is going to seventy (70 USD) today?

    Sincerely,

    Rong Xu

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  4. TraderCaddy

    As I said yesterday it’s a rotation going on here, IMO.
    Winners of the last couple of years to the losers.
    Emerging markets (EEM etf) and gold stocks are doing well enough.

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  5. Ohthe BOMB

    Classic “dead cat bounces” in the pre for SPLK FEYE YELP etc. All are up 2%. If this was a REAL turnaround day, they would be up 5 or 10%.

    You have a chance here to bail out or go short.

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  6. The Fly

    Wait, I almost forgot, we are afraid of growth.

    Got it, thanks.

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  7. fisherman Santiago
    fisherman Santiago

    — do you guys ever sleep?
    — everyone is hoping for bounces in the same stocks. I sense everyone will finally get what they have been hoping for, albeit small.
    — Feye ceo was worth 1b around the time of the secondary. He sold a lot of shares on everyones head.
    — is GRUB keeping a bid a good sign for high flyers?

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  8. The Fly

    Shomp

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  9. TraderCaddy

    How can Fly stay up late all of the time.
    I am temporarily supervising a project managing about 160 people and I don’t get out until 10:45 PM.
    I have felt like crap every AM thus far.

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    • Accountant

      the ‘project’ is likely an inmate trash cleanup off the side of the highway

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      • TraderCaddy

        Good one.
        Actually, I have done this the last 5 years just to get out (involves a Fortune 500 company) and I was made a supervisor of same this year.
        It involves using the computer with a bunch of software for various reports.
        I warned them and now they know I was telling the truth.
        I did my first “folder”, Excel spreadsheet , and Word doc last week. I can manage and projects people, but computers? Guess not.

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    • fisherman Santiago
      fisherman Santiago

      Sound sleep isn’t necessary if you just pick some stocks and hold them no matter what. Doesn’t require much mental functioning.

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    • Granpa

      Hey TC, hope you are well.
      The answer is he’s about half our age.

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  10. Accountant

    Fly, did you see my previous post about applying for your accounting position, your use of FIFO etc. please advise, thank you

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