Into the Facebook event I reduced exposure in a few of my social names and may continue selling exposure as the day continues. However, the market continues to behave constructively and lots of breakouts are occurring across the board.
In order to keep my cash levels low, currently hovering around 20-25% I bought Quick Silver (ticker: ZQK) which I highlighted last night. I also started buying back into the meat trade, buying up shares of my favorite PPC aka Macho Taco.
I still like ZNGA today. I’ve tried selling it twice and it’s charmed me into sticking around both times. This could change.If you enjoy the content at iBankCoin, please follow us on Twitter