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
18,447 Blog Posts

NO HEDGES, NEW BUYS — TIME TO GET BACK TO WORK

The market looks fine and I have too much cash. I sold out of TZA and took a 10 cent loss. The point of TZA was to hedge, so it made no sense holding it for more than there opening tick.

With some of my cash, I bought CBLK and SPOT. If I could, I’d buy more HUBS — but it’s already a triple sized position. The stock is now flagging oversold in Exodus with flawless stats.

I’m gonna buy 5 more stocks today.

Stay tuned.

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