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
23,433 Blog Posts

WINNER (WNR)

I warned you fuck-bags to get long WNR and other refiners. You chose to ignore my teachings in exchange for sheer stupidity. So you know, I am long 150,000 WNR in my personal accounts, betting on margin expansion. Crack spreads will widen, as the crisis in Japan extends. Their refineries will not be able to handle demand once reconstruction is underway. Opt to ignore my teachings again and I will be eating your livers in no time at all.

I sold out of a plethora of idiot stocks, in order to slow shit down and focus on the new thesis. I felt it was time for a change. Therefore, I changed.

With millions in cash and millions more invested accurately, I am sure my story will end as expected: winship. While I would like all of you to win alongside with, the reality is that many of you are built for the explicit purpose of losing. For the remainder of the night, I will redouble my efforts, scouring The PPT, using profile keyword searches and volume screens, to find my next winner.

Adapt or get crushed.

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27 comments

  1. FrankWhite

    “While I would like all of you to win alongside with”

    LIE

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  2. MC

    Hai, Sensai

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  3. YaBollox

    I too sold many of my dogs this morning. I’m tired of my portfolio being a rolling blackout.

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  4. stockcats

    “Crack spreads will widen”
    I agree but will withhold the jokes that come to mind

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  5. Mr_max

    Indeud Sir. I followed your suggestion with a call option and with all my best thx.

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  6. A Monkey in a Hazmat Suit with a Dartboard with Two Goddess-Like Hookers
    A Monkey in a Hazmat Suit with a Dartboard with Two Goddess-Like Hookers

    $PESI, I was expecting a sonic boom.

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    • The Fly

      Patience you stupid monkey.

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      • Teahouse On The Tracks
        Teahouse On The Tracks

        Fly, one question: I don’t see that they have any Int’l Div and expect there must be some foreign govt approval process before they could do business overseas – am I missing something or is that about to change?

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        • Teahouse On The Tracks
          Teahouse On The Tracks

          Like would a CLH or ECOL hired them as a sub to dispose of waste they collect abroad?

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  7. go4mars

    I’m curious to know what the PPT tells you about uranium/nuclear industry related stocks. The blow to the island of ninja’s is causing oversized reactions in the market. Also, how exhuberant is the refiner trade? As in, how much of the global supply was refined by the destroyed refineries in Japan? I’m guessing “not enough to fully justify the pin action”.

    Mainstream media didn’t even point out that the earthquake and tidal wave eminated from Godzilla rousing from his oceanic slumber. It will get a lot worse when he shows up and absorbs energy from fighter jets and explosions!

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  8. Chucky Sheen

    Winning! Cha-ching!

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    • BlindReadAnt

      Charleeeh, take the Vivid offer, you could make porn with verve, humour and intrigue that makes it go stream for “this” generation!

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    • Taco

      You’re my rock of Gibraltor, Charlie!

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  9. Quint

    What happened to those Monday rallies? The only thing that held us up today was the coming Fed meeting, but unless they announce QE3 we could be heading lower.

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    • Trading Nymph

      Nothing new should come from FOMC tomorrow. But sooner of later BoJ must be able to throw enough money needed to support the USD and weaken YEN. I actually saw a good argument that we are getting a hidden QE3 with the delay of expanding the debt ceiling, that could be the thing keeping our USD low today? But bottomline, copper topped and has not taken out the resistance since early Feb…..oh, and if I wanted to play shortterm stuff, the LNG tankers like GLNG would be my choice fwiw.

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  10. LD

    Any opinions about KAZ or DPTR?

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  11. The_Real_Hmmm

    WNR got upgraded by Moody’s today too:

    “The move to a stable outlook reflects improved liquidity and covenant headroom, improving cash flows as a result of more supportive sector conditions and the shutdown of WNR’s two least profitable refineries,” commented Jonathan Kalmanoff, Moody’s Analyst. “Moody’s expects low capital spending requirements over the next few years with the potential for free cash flow if sector conditions remain supportive, and the company has stated its intention to use free cash flow to reduce debt.”

    “The B3 CFR reflects WNR’s high leverage, low level of diversification (with one of its two refineries representing 85% of throughput and capacity), and geographic concentration. The rating also considers the company’s ability to access and utilize comparatively low cost crude oil feed stocks in the current market environment. WNR is exposed to the risks inherent in the refining sector which include volatile margins driven by crude oil and refined product prices, the potential for changing market dynamics which could affect the spread between crude oil and refined product prices in various regions, volatile working capital needs driven by oil prices, the risk of unplanned refinery downtime, and exposure to regulatory and environmental risks.”

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  12. norcal

    Holy shit…armageddon 2011 style coming early…

    MELTDOWN ALERT!!!!!

    http://www.bbc.co.uk/news/world-asia-pacific-12733393

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  13. Random

    Sold MPET Thursday and BZ today. Ouch!

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  14. GonzoT

    The Saudis making moves today for it’s master It’s nice to have a lap dog when you need one. Now now boys you can only have a revolution if we OK it get with the fucking program jack.
    Is it any wonder the arib world hates our guts.

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  15. mick

    I remember a time where the fly would be loaded up with tza and vxx at this time….

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  16. Taco

    Third explosion. This one looks like it breached containment and shot the fuel rods into the sky.

    I will be sniffing the breeze in the morning, inhaling till my thyroid pops.

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