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
23,482 Blog Posts

To Roll or Not to Roll? That is the Question

It is literally impossible for the market to trade down today, so we might as well make more coin.

My newly minted position in OXY is heading straight for the rubicon line of $100. It’s a psychological barrier of sorts for the mentally insane. However, I will have you know, since I am speaking to you from the future, there is no such thing as $100 barriers for OXY, if you know what I mean (wink, wink).

Aside from that, I am making too much money today. You must understand, I can’t spend all of this shit and I am running out of room in the bedroom safe.

Having said that, I am about to start buying a Chinese burrito stock, on that has been beaten to death. I am almost certain this one is about to turn the corner and book higher.  I gather many a Chinese stock have been punished, unduly, thanks to their unfortunate locale. You mustn’t categorize all chicom stocks as fraudulent, just most.

More on this later.

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14 comments

  1. Bullish

    The return of the Chinese Lotto Guy?

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  2. Yabollox

    Chipotle? R U buying Chipotle as a Chinese Burrito stock?

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  3. WTF!

    (nudge, nudge) say no more, say no more…

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  4. genghis khan

    Fly, as luck would have it, ATPG is flying just one day after you sold. For those of us that bought when you did, what advice would you give – hold, sell, or buy more? Thanks.

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  5. The_Real_Hmmm

    Yea I saw SUSQ raised their target on OXY to $117 from $98 this morning. They’re buttering up that roll. I’ve been looking at some Chinese stocks too: ASIA and ACH.

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  6. drummerboy

    running out of room in my bedroom safe…………the best…..dude, fuckin A

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  7. ultrachoice

    I gave you ERTS and DO yesterday.

    Today it is time to buy $GNK and $MOT.

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  8. rookie

    i thought phibro wasn’t doing too well in commodities this year.

    long silver is working out well. getting ready for the double top breakout at 30 then it’s to the moon… clear skies above.

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  9. TeahouseOnTheTracks
    TeahouseOnTheTracks

    CNAM says Chinese Lottery Pick all over it ….

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  10. Yabollox

    bot TSLA to go against the shorts, bot IPXL for the garp. Sold LLL (boring) and ATPG(dumb).

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  11. TeahouseOnTheTracks
    TeahouseOnTheTracks

    Sold MFC for a 36% gain … raising cash

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