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
20,951 Blog Posts

DE-RISK

I sold out from VIAC, DISCA and a slew of high risk stocks this morning, mostly for profit, because the selling isn’t over. It seems the Kill Bill narrative might’ve spread, so I’m opting to spectate. My life is too stressful as it is. The last thing I need is to be inter- tangled with some else’s margin liquidation.

I am left with most old man stocks and a few others to juice it. I see bubble stocks heading back down again and my spidey senses tell me to be careful.

37% cash, down 50bps, watching.

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