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
18,364 Blog Posts

Sold Swill — Looking for Some Meat (No Homo)

I sold out of my BUD position for a 3% gain. It was a placeholder for me, an old man stock that was supposed to do well while everything else turned to shit. More or less, it served its purpose.

Now I’m looking for something substantial, something with meat on its bones.

The Chinese sector is hot today, but there are a lot of sellers just above the present level. I’d be reticent to buy new China-com positions here. As always, when I find out what I’m buying, Exodus gets picks first, then you freeloaders.

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