• penang-mall
    23
    Jan

    Bought DPW

    I sold GSUM at $12 flat, simply because it isn’t wild enough for me. I want my gains, and I want them now. I replaced it with DPW, a small power systems provider that recently decided mining cryptos would a lot more lucrative. They just bought a shitload of A9 Antminers, used in Bitcoin mining. That […]

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  • georgetown-central-mall
    20
    Jan

    The 10 to 100 Challenge

    As investors in cryptos get tossed around like a rag dolls, subject to news of governments trying to shut them down, my holdings have been quietly, and ever so meticulously creeping higher. Here we are, mid January, and I find myself leveraged to the hilt in STX, GSUM, and SLCA – names that continue to […]

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  • Penang-street-art
    18
    Jan

    WAVES And More Oil

    Enough talk about Bitcoin already. Bitcoin is dead money and has been since their stupid blockchain started getting clogged. I’d bet my bottom dollar that all these people buying trying to catch an ‘oversold bounce’ couldn’t tell you a thing about how the Bitcoin blockchain works, other than ‘it will one day replace gold’. Having […]

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  • destruction-star-wars
    17
    Jan

    Crypto-world Up In Chaos

    This is what a blow-off top looks like. Cascading sell orders that trigger more sell orders with no bottom in sight. If I were to guess, the top in Bitcoin has been put in for the foreseeable future. I’m not suggesting it will go to zero like many critics are – that would also be […]

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  • funnykorean
    13
    Jan

    S. Korean Cryptocurrency Ban Prompts Koreans To Go Nuts; 100,000 Sign Petition For Finance Minister To Resign

    See, this is why it is still so risky to keep your assets tied up in a wallet on some crypto exchange. Those miscreants are liable to get shut down by authorities at any given moment and their offices get raided by police on a consistent basis, just for sport. That’s the real-world equivalent to the […]

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  • penang-mall-basement
    13
    Jan

    Cryptos and Oil: Theme for 2018

    2 weeks into the year and so far off to a good start. The PEGI losses in my company portfolio have all been offset, and more, by STX over the past week and that said portfolio is up a cool 22% for the year so far. Believe me when I tell you, STX is just getting […]

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  • milan-in-doha
    11
    Jan

    I Was Wrong on PEGI

    As a money manager, it is an egregious sin to allocate funds into underperforming sectors. For someone living off a dividend that is tolerable, but that does not describe me. Perhaps I may be right in the end on PEGI but I am not waiting years for it to play out. The alternative energy sector is dead […]

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  • Seagate-Technology
    09
    Jan

    Seagate Technology ‘May’ Own 4.3% of Ripple

    STX was up big today on speculation of news with the above headline. If this were to be true, according to speculation of a 4.3% ownership of Ripple, that position could be worth close to $7 billion, more than half of their current market cap. I usually don’t buy stocks off news events, but after […]

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  • horse-statue-islamic-museum
    04
    Jan

    Mega-Cap Stocks Back In Favor

    For the love of god, I sell my IPGP position and it rips 10% the first 2 trading days of the year. Nothing new, the market is just keeping the status quo set last year. This trade will continue to work until it doesn’t. Large cap tech is back in favor, as it should be. […]

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  • emq-bear
    03
    Jan

    First Trading Day of 2018, Markets Rip Higher

    One day into the year and the NASDAQ is right back at all time highs, up near 1.75% today. Oil is strong and I regret letting that RDS go without me. I have been following that name since last August, when it was trading down at $54. Blockchain plays are still hot and business is as […]

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