I am a deeply empathetic person. In spite of my ribald commentary and overtly aggressive way with the reader class — “The Fly” really does care. I care so much, I often root for others — even though it hurts my own interests. Whether I really mean it, or am simply lying to myself is a whole ‘nother topic.
On the important issue of bearshitting and shorting stocks to zero — it appears bulls will be running into a buzz-saw of resistance soon. Knowing this, I sold MNK, REZI and WATT today — all profitable trades. I have a slew of indecorous stocks now — THE SHIT PORTFOLIO — and feel a bit of regret today — following yesterday’s debauchery.
For example, why didn’t I sell FUV yesterday at $7.25, after buying it at $4.09? Up 75% on a day trade not enough? Now the stock is down 23% and I am literally sitting here rooting for something I know nothing about to go up. Soon I’ll probably start investigating the company and determine a long term reason to hold, or at least until it goes back to $7.
Saying all of this shit out loud is important, because now I feel like I already did it and know how stupid it is, so I’ll sell it immediately after publishing this post and book the grave 32% gain and be happy for it.
Oh, almost forgot — start harvesting your gains.
If you enjoy the content at iBankCoin, please follow us on Twitter
On the other hand, the Vix looks poised for another leg down.
Looks like it’s just consolidating for the next move higher, HODL that shit to the moon