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
23,474 Blog Posts

WENT FULL CHINESE

I bought UXIN, based upon the theory that Chinese stocks are in the midst of an uncontrollable rage up. I’ll close out the day 50% cash, damaged by the early SOXS debacle, but eagerly optimistic about my future with these fucking Chinese stocks.

I own BILI, PDD, TME, and now UXIN.

The other stock I bought was TLRY and that’s all there is to it.

I’ll hold onto SQQQ and DRIP, for now — in the event of a drop. A lot of weird events transpiring now, which lends to more confusion and could end up fucking a lot of traders trying to place a strong bias with their trades. It seems to me, as we butt up against resistance, but firmly strong, the best option is to trade lightly and with the heart of a coward.

Good day.

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7 comments

  1. it is showtime

    Shutdown woe stories are getting crisply enjoyable

    restaurants and ancillary business
    reduced employee hrs
    health payments
    bills
    scrambling for extra work

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    • heckler

      It’s 4-D Chess Brah

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    • heckler

      What are the odds Putin is behind this somehow? Interestingly they are non-zero, isn’t it? At this rate China will be drinking Fly’s milkshake in 20 years…. and our kids… fucking forget about it

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      • ferd

        “Putin is behind this somehow? Interestingly they are non-zero, isn’t it?”

        You are an idiot. Turn off the TV.

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  2. edge

    I bought FXI a week ago. 1/4 position. 1% gain

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    • ferd

      Promising move. I’m in AIA. Both it and FXI will look like buys/adds if they take out 1/18’s high.

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  3. irma vep

    Sibelius. Interesting history. Choices.

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