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
20,629 Blog Posts

POOF! Magic: Fly Wins Again

I took some money and multiplied it. This is my haul from yesterday.

RRGB +18.6%
BLMN +15%
HA +15.6%
SIG +14.1%
KIM +7.3%
ELF +3.6%
LB +1.6%

It’s not all that hard to make outrageous returns when the NASDAQ is +250 I suppose my best attribute is knowing when to push the envelope. I moved it all to cash, presently holding bankrupt DO, which is higher by 60% today, some tinned foil, and my tera-cap short — which I double down on — 80% cash.

WTI is +32% today, so there’s always that. Wacky market and I hope you’re not trying to fish on your own anymore. Just sit down and eat the fucking fish I serve already. Exodus is still accepting new members, which I may need to halt until I launch Stocklabs due to the pressure being applied to the servers.

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24 comments

  1. purdy

    Low risk spot for long silver with stop around /si 15.19 on July contract.

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  2. alty

    Seriously hope no one else sold out of their 401k on March 16th. Yikes. All the rinky dink day trades in the world aren’t going to offset that blunder. RIP trusting readers

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  3. Dave Portnoy

    Hey FLY ?
    How is you retirement account ?
    I guess its down to selling mugs and t-shirts now.

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  4. narcist

    This epic short squeeze is getting more and more uncontrollably euphoric.

    Nudge the RTY up to 1370+ and I’ll get serious about shorting.

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    • alty

      That doesn’t sound very algorithmic

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      • narcist

        Does that have to be?

        I suppose a non-algorithmic yet profitable bet is less elegant, but I don’t mind the money.

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  5. numbersgame

    China study results published in medical journal today
    “In this study of adult patients admitted to hospital for severe COVID-19, remdesivir was not associated with statistically significant clinical benefits.”
    https://www.thelancet.com/journals/lancet/article/PIIS0140-6736%2820%2931022-9/fulltext

    Gilead leakign data about their study:
    After 14 days: 7-8% died, (depends if you count Italy), 61% discharged, so 30% still hospitalized. This study included children

    Recall the i nthe CHina study (no kids), 12.8% died within 28 days *without* remdesliver

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  6. carlo zamboni

    Bring back the Merlin pic!

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  7. narcist

    Started on RTY short from 1368 (up to 1393 for today) per my own math.

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  8. cash cow

    Fly, I was going to sign up for Exodus but having a difficult time getting questions answered. I sent a message with no response and I called your 800 number, dialed 2 for sales, and got some rando dude that never heard of Exodus. Anyone that I can talk too with questions?

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