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Trading with The Fly

Dr. Fly
Indeud

Blew Out of This Monkey Shit — Sitting Here Waiting for Something Fun to Happen

Dr. Fly Thu Sep 27, 2018 2:16pm EST 1 Comment

I took a drill to the head with this SVMK, losing 13% during a 1 day hold. Whatever.

Moving on, it seems a lot of chatter surrounding DTEA and cannabis infused teas is percolating again. Some believe this is an industry ripe for expansion, possibly amounting to a market worth $600m.

NBEV already has the infrastructure and the brand in place, via Marley Beverages. Literally no one can compete.

But the market isn’t very accommodative today, in spite of the headline action. Just 58% of stocks are up and the best sectors are utilities. Today is a fine day to accumulate your best patterns.

I’m 20% cash, looking to deploy everything.

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One comment

  1. cayman4444
    cayman4444
    September 27, 2018 at 5:16 pm

    Fly, aren’t you worried about the $50mm RBC shelf offering being sprung at any moment?

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