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
23,541 Blog Posts

Moved to Cash

In light of the fuckery occurring in $GME (Roaring Kitty revealed a $200m position in $GME) I am going to cash for the time being. The last time the $GME craze occurred it threw the market off kilter. I has bought $BYON briefly for a trade, since it’s heavily shorted, but then felt like a rug could be pulled at any second so sold it for a quick profit.

All in all, I harvested gains of 0.6%. The cost basis of my sales is in the previous blog. I will updated any buys in a new post.

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