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
19,609 Blog Posts

*** DAY TRADE ALERTS *** FLY WINS AGAIN

This is who I am and you’re nothing.

Early this morning after seeing the market blast the fuck off, I stepped in and bought some China-coms, knowing sloppy jalopy traders in the US would ebb into them and chase them higher. The thousand strong man militia inside Exodus enjoyed these alerts, unlike the lot of you miscreants.

I bought JD and BZUN, amongst others. I just sold JD and BZUN for a 4.74% and 3.7% profit, respectively.

Others try to duplicate my success, but fall woefully short.

In summary of today’s trades:

JD +4.74%. (day trade)
BZUN +3.7% (day trade)
MDLA +7.43% (overnighter)

Fly wins again.

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16 comments

  1. teslawasright

    Will the Le Fly be shooting any animals down south this fall season?

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  2. ferd

    “The Ferd” too had a nice day trade in JD. You’re coming along nicely.

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  3. roguewave

    OT
    negative rates / war on cash (from Mark Nestmann)

    https://www.nestmann.com/the-r-word-is-rearing-its-ugly-head?inf_contact_key=c7d498e4cb82b88d0a37e66d3d21fcd7680f8914173f9191b1c0223e68310bb1
    (I have no connection w this guy)

    other countries are trying desperately to prevent their citizens from holding large quantities of cash

    Italy has banned all cash transactions over €3,000. To pay €3,000 or more, you must use a debit card, credit card, a “non-transferrable check,” or pay by bank transfer.
    Violations are punished by confiscation of 40% of the amount paid.

    In France, cash transactions over €1,000 are now illegal.
    It’s also a crime to send any amount of cash by mail.

    In Spain, the limit is a little higher: €2,500. And you lose “only” 25% of your cash if you violate the rules.

    Similar restrictions are in place in Belgium, Bulgaria, Greece, Mexico, Russia, Uruguay, and a handful of other countries.

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  4. roguewave

    pm interview
    https://www.youtube.com/watch?v=uKTRbaGVyoM

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  5. roguewave

    fed meeting highlights
    https://www.youtube.com/watch?v=Zhoos1oY404

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  6. numbersgame

    Fly, you’re pretty quiet. Aren’t you feeling LucKy anymore?
    https://finance.yahoo.com/quote/lk?ltr=1

    BTW, while I’m not ready to call a US recession and short US stocks, China is clearly done.

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  7. jbandy

    I’m disappointed you fell for the LK Chinese burrito. They are another Goldman-Chinese scam to raise billions off of sucker Americans who hear “Starbucks of China” to enrich the Chinese management team and their US investment banking partners. Any idiot can show growth by selling coffee with huge discounts and printing massive losses. The stores aren’t even set-up like SBUX, they are just pick-up spots. There are literally hundreds of small convenience store/stands that are either already starting to sell coffee or will be selling coffee the same way. SBUX offers Chinese yuppies a chance to experience an exclusive American brand, LK is just a regular old cheap coffee vendor.

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  8. teslawasright

    Wake up Le Fly – yield curve is flying around. Too much port ?

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