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Trading with The Fly

Dr. Fly
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
23,418 Blog Posts

Mega Spike in Shippers Underway

Dr. Fly Wed Mar 27, 2019 9:43am EST 3 Comments

It all started yesterday with CTRM and it continues today, led by CTRM — higher by more than 50% early going. Seeing the sector up terrifically, I decided to buy one of the main movers — GLBS. I’m already up nicely on it, after an immediate spike. I’d be remiss if I didn’t warn you that these stocks are complete bullshit. Fun, but bullshit.

I don’t have any price target, but I’ll likely sell today.

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3 comments

  1. irma vep
    irma vep
    March 27, 2019 at 9:53 am

    Fly, good for you. Don’t get greedy and spill the blood.

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  2. edge
    edge
    March 27, 2019 at 10:03 am

    Yeah. I remember when TOPT was all the rage.
    May be BTFD time for TMH. Chips are a hornet’s nest.

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  3. mrcharlie
    mrcharlie
    March 28, 2019 at 11:16 am

    DRYS!!!

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