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
18,593 Blog Posts

Poor Day for Risk — Lack of Follow Thru Crushes the Overzealous

My issues look to be somewhat resolved in Exodus. We have a brand new API for data and the latency is very low, and clean, and beautiful. I was out all day, cavorting around Princeton in my corduroys and vest, Americano in tow. I’m not a dandy, mind you. Look at me sideways and I’ll bust your jaw for you.

I see stocks were down and tech down miserably. I sold out of SQ today for a 7% loss and my cash position is now 60%.

I gave back much of my praised and glorious winship in TLRY today. I’d like to blame it on the fact that I was literally not at my desk for a single minute today; but that’s no excuse. I merely looked at it, saw it was only 5% of my portfolio, and decided to let it ride. Had I been at the desk, I would’ve sold it — almost assuredly.

Tomorrow should be a normal day for me and I really do need to unwind a little bit. Between my poor sleep habits, stress at home and at work, Le Fly’s life expectancy is quickly barreling towards zero.

NOTE: Yesterday’s purchase were executed under the assumption that prices might come in. The idea was to be long from now until Turkey Day. That theorem still applies and I will use said cash to double down on my present positions.

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12 comments

  1. Theon Nodick

    “Alexa, play orchestral music.”

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  2. juice

    love mozart

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  3. acehood

    Thank god I don’t own (w)YELP

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  4. numbersgame

    The Mouse rules! Beating on top & bottom lines while also reminding Millenials that they would have soon have to find a new home for cartoons, Avengers, and Star Wars

    #Disney+
    #Hulu
    #poundNFLX

    Disney (Mickey Mouse, Snow White, The Jungle Book, Bambi, Peter Pan, Frozen, etc.), Marvel (The Avengers, The X-Men, etc.), Pixar (Toy Story, The Incredibles, Finding Nemo, etc.), ESPN, 20th Century Fox (Titanic, Avatar, etc.), LucasFIlms(Star Wars, Indiana Jones, etc.), Miramax,…..

    That’s a sample. But of course, NFLX has House of Cards, Stranger Things, Orange is the New Black, and 3 Marvel series in the top 10 that they will probably lose within 2 years
    https://www.ranker.com/list/best-netflix-original-shows/ranker-streaming,
    Actaully they already lost Luke Cage.

    I’m sure all of Netflix’s shows ($138B market Cap)are worth about the same as Disney’s IP ($172B). And the fact that Disney has Theme parks and more TONS of licensed merchandise (Disney, Marvel. XMen) shouldn’t really count for much.

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  5. ironbird

    Voter fraud on steroids happening now. In FL AZ GA. Hard to see the play. Commies want crude at $10,000 a barrel. Supposedly. Probably horseshit.

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  6. MoonshineDelight

    Paging all margin clerks

    BATTLE STATIONS!

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