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
19,110 Blog Posts

Clown Slapping On You Fools

My trades today: $SEEL +42%, $TNXP +45%, $TVIX +17%, $TZA +13%, +SOXS +8%, $TROV +5.5%, $PULM +29%,$TENX +10%, $SELB -12%, $SNSS -2%, $CYCC -10%.

Hedges in place: LABD, DRIP and I am long gold via NUGT.

Gold is back on track.

Overall, spectacular week. Zero complaints. Terrific wins, believe me. Gonna do it again next week. For those interested, I’m in the process of writing my third book, non-related to the other two stories I published. This one is going to be about blogging in 2008, showcasing my blogs here, backstory, comments from you fuckers — my chart art, side vignettes, discussions with clients etc. So far, I’m having fun with it. It might be ready by summer.

NOTE: I bought LPTX for the weekend lotto.

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6 comments

  1. i_am_nemo

    Ibankcoin got mentioned on CNBC back then. Something about one of the anchors you nicknamed Beaker fondling cats.

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  2. i_am_nemo

    Dennis Kneale was the guy. I think Ragin Cajun made the comment. Dennis Kneale does look like Beaker.

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  3. Po Pimp

    I bought $SLB back in December at $36 with a 5.5% dividend. That was the steal of the year.

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  4. sia

    I really do wonder how big your positions are on these crazy micro cap stocks…

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    • edge

      I think he said usually 5% or less, but sometimes 10% of his trading account, which is his small account.

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  5. bob smith

    Just suppose… for arguments sake… that I was a successful trader and had found out how to beat the “machines.” Do you think for one moment that I would give this secret or sell it to the grunts out there on the internet… people I have never met or care about… people who I despise in my heart because I believe I’m better than they are???

    Really?

    If you believe that, you will subscribe to the latest tale of “I will make you rich in 5 minutes.”

    If you are intelligent enough not to believe that, spend some time with your wife, kids and grandkids and be thankful that you’re alive to do that. Even if the latest “I will make you rich beyond your wildest dream if you give me your money” scheme actually pans out, money will never give you peace of heart and it will never satisfy your desire for “more.”

    Ask fly.

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