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
23,474 Blog Posts

Fly Buy: ATPG, SD, MTL, GMCR and PKX

I bought 2,000 Green Mountain Coffee Roasters Inc. [[GMCR]] @ $63.10, 2,000 ATP Oil & Gas Corporation [[ATPG]] @ $16.10, 5,000 SandRidge Energy Inc. [[SD]] @ $8.42, 5,000 Mechel OAO (ADR) [[MTL]] @ $18 and 1,000 POSCO (ADR) [[PKX]] @ $122.75.

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23 comments

  1. BernieCornfeld

    Thank you formaking GMCR go green. Please sir, may I have some more?

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    • JakeGint

      LOL… Bernie Cornfeld.

      The Madoff of his day. Nice.

      ______

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      • BernieCornfeld

        I taught Madoff everything he knew 😉

        PS If you know Bernie, then are you young enough to be on this site?? LOL

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        • JakeGint

          Fly can tell you how old I am.

          It’s discouraging to think that so many believe one has to be old in order to have a grasp of history.

          Some of us are quite enamored of it — even as we’ve not experienced much.

          ____________

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  2. TA

    Sold some Mar $17.50 puts on AONE
    MTL and PKX – steel’s been my favorite since March

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  3. DAvidc

    You have been buying a lot of GMCR , i estimate you have about 20,000 shares now .. Hope it works out.

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  4. wilmer

    Fly is high on GMCR but he isn’t going to enjoy the inevitable crash that follows excessive consumption.

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  5. Nails on Nail

    Fly, deud, cashmere bro!

    I thought you went “ALL-IN” over a week ago. Last I checked ALL-IN is betting all your chips. Where’s this $$$ coming from to buy?

    And i’ll have you know I’m always wining too. And my math skills is superb.

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  6. FIG

    Another wonderous trade by the Fly. I loaded up on SD yesterday as they plundered the weak longs all the way down to $8, all on your recommendation I might add, and now that winter has truly hit, we are about to see a massive move in Natty. This is going to be fun.

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  7. Vijay

    Need I remind Senor Tropicana’s followers that he was also giddy, only a short time ago, about a stock that began with “F” and ended in “K” (eerily apropos)

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    • ZenProfit

      If you carefully read the iBC “Terms of Service”, anyone who reminds The Fly of his venture into FTK-land, will be permanently banned.

      You’ve been warned.

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      • Vijay

        I would never be so crude as to directly mention the aforementioned stock.

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  8. henryfool

    just bought 5000 VISN @ 11.08- 11.10

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  9. vking

    A Palestinian shopkeeper and father portrayed as a terrorist in the movie “Bruno” is suing film star Sacha Baron Cohen, David Letterman and others for libel and slander.
    The lawsuit filed last week by Ayman Abu Aita in District of Columbia federal court seeks $110 million in damages.

    In the movie, Cohen plays a gay Austrian fashion journalist trying to make it big in the United States. To achieve worldwide fame, Bruno travels to the Middle East to make peace. He interviews Abu Aita, and a caption labels the Bethlehem shopkeeper as a member of the militant Al-Aqsa Martyrs’ Brigade.

    Abu Aita is suing CBS and Letterman’s company Worldwide Pants over an interview before the film’s release where the Late Show host and Cohen discussed Bruno’s encounter with a “terrorist.”

    In the interview, Cohen, 37, said he set up the meeting in the West Bank with the help of a CIA agent. Cohen said he feared for his safety and interviewed the “terrorist” at a secret location chosen by Abu Aita. A clip was then played on “The Late Show with David Letterman.”

    According to the lawsuit, however, the interview with Abu Aita took place at a hotel chosen by Cohen and located in a part of the West Bank that was under Israeli military control.

    Film distributor NBC Universal and director Larry Charles are also named in the lawsuit.

    A spokeswoman for Universal Studios declined to comment. Tom Keaney, a spokesman for David Letterman, also said he would not comment.

    Cohen, a British comedian, also faced multiple lawsuits after his earlier movie, “Borat,” including one for $30 million filed by residents of a remote Romanian village who said they were misled into thinking the project was a documentary about poverty. Most of the lawsuits were thrown out.

    Abu Aita is prominent businessman, a Christian and a “peace-loving person who abhors violence,” the latest lawsuit states. Before the film, he “enjoyed a good reputation for honesty and a peaceable nature” in his community, Abu Aita’s lawyers wrote.

    They go on to write that any accusations or insinuations that Abu Aita is or ever was associated with the Al-Aqsa Martyrs’ Brigade, or any other terrorist activity is “utterly false and untrue.”

    Attorney Joseph Peter Drennan said Abu Aita was never offered a release to sign to appear in the film.

    “This is an important lawsuit because it is about the dignity of a specific person. It is about his reputation, about his standing in the community,” Drennan said.

    “It addresses a very corrosive and calumnious slur against any young Palestinian who would be a political activist on the West Bank” who would be called a “terrorist” because of his activism.

    Hatem Abu Ahmad, Abu Aita’s Arab-Israeli lawyer, said Cohen made millions “on the back of my client.”

    The film drew disdain from the Israelis and Palestinians portrayed in a place Bruno calls “Middle Earth.”

    Abu Ahmad has said the gay associations in the movie could cause danger for Abu Aita.

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  10. Tferguson

    FTK poked its ugly head out of the hole but then saw its shadow…6 more weeks of red bars

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  11. henryfool

    Small caps underperformed today. I don’t think I like that.

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  12. Mr. Cain Thaler

    http://www.reuters.com/article/idUSN0820752520091208?rpc=77

    Andrew Gould, you sly devil. If you weren’t the embodiment of superior management, I would take issue with your acting like a charlatan. Rather, I’m giving you the best of wishes; enjoy the money.

    http://moneycentral.msn.com/investor/charts/chartdl.aspx?Symbol=SLB&ShowChtBt=Refresh+Chart&DateRangeForm=1&C9=0&ComparisonsForm=1&CE=0&DisplayForm=1&D4=1&D5=0&D3=0&ViewType=0&CP=0&PT=2

    Look, it starts when he sells on December 1, and you can actually see the option exercise on December 4. Positively marvelous.

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    • Po Pimp

      Sounds like he’s “buying low and selling high”. What the fuck’s wrong with that? People get way too worked up over insider sells. What good does it do to have all those shares if you never sell any?

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