I can officially log my first losing trade of the year to my friends at SIVB, my donation to the market maker was greatly appreciated. I bought around 1,000 in drinks for the boys. Still holding BBBY but only down slightly, that one will eventually make coke and hooker money. TSLA is gone and on watch for a better entry. The others are still healthy and waiting for the S&P to catch up to their percentage gains ratio in my portfoolio. No new buys yet, still timing the market for deals.
Dumped BBBY at a small ish loss. That makes 2 losing trades for the year. Added to CVNA and IEP and Flipped FRC until my finger got numb.
CVNA Still holding FRC probably leave stuff alone for now. I see major upside on my little bank venture, even pays a little dividend. Time to relax, get back to my project and let Wall Street do its magic.
Newsflash. Sold EVERYTHING except for CVNA and FRC All in BANKS, actually approximately 80% in on a few banks, including calls several months out. To those that remember the 2009 scare you will understand this move..
