So I am driving my kids to school this morning and at the light I take an “illegal” look at my streaming quotes on my iPhone. Much to my horror, WNR was trading down $5.53 to $12. My initial reaction was pure, unadulterated, fear. Instantly, I did the math in my head, calculating my losses. They were fucking “clown rape on a Sunday afternoon” heinous. My heralded personal aggressive account, that was up 875% last year, would have “enjoyed” total loss, due to my highly leveraged state.
I turned as pale as my white 10,000 thread Egyptian cotton sheets, then started to think of reasons how this could happen. I raced back to my house, doing about 500mph hour, shooting heat seeking missiles at the fuckers in front of me. I parked the car, ran upstairs, despite my wife giving me shit about “acting all barbarian like.” Then I read it was all a big fucking joke, a sick mistake of sorts. The stock wasn’t down huge, but up a smidge.
Essentially, “The Fly” wins again, despite early concerns of a total and complete wipe out. That’s how I roll.
NOTE: This shit doesn’t stop me from investing like a space alien magician. I’m not the type of person that puts credence into bullshit experiences like this, saying “OMG, that could have happened, let me be more careful.” Quite the contrary. I view it was nothing more or less than a bone headed error, not worthy of my time, but most definitely yours.
Back to my rocket ship, doing light speed past your bullshit house.
[youtube:http://www.youtube.com/watch?v=nhjRmhP2f-8 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
Pre-Market Low: $ 12
That will teach you to look at your phone while driving.
I’m just glad he didn’t wreck w. the kids in the car. Geez.
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It was at the light, never while driving.
FINAL TWO in iBC’s contest. Who will win?
https://spreadsheets.google.com/pub?hl=en&hl=en&key=0As7bw_6oz7iJcGdPNGdSMTJUSENsOS0tR01OTkNuZkE&output=html
Poor H5-0, screwed by an ill timed M&A on a stock that should have been on the receiving end of a buyout.
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Ha! My thoughts exactly.
Nothing against the other contestant, but I’m pulling for Chivo since he put me out in the third round.
you LOVE that shit… admit it, you cracked a chubby after exhaling
http://www.france24.com/en/20110410-voters-referendum-no-icesave-compensation-uk-netherlands-bank-collapse-iceland
Iceland has the right idea. An entire people shouldn’t be enslaved based on the gambling of a few.
saw that post on twits this morning, it was b.s..
go2mars: they can whatever they want, but in the end we should let them pay…
to bankruptcy
On the other hand, if I were an WNR executive (they own 40% of the O/S) and I knew the short position and I knew I was going to blow out earnings, then I would want to keep the blowout earnings quiet until 5/5 to maximize the squeeze effect. I want them to have to buy it back in one day, rather than the opportunity to spread the buy out over the next 18 days.
vote* what…
All weekend long a particular stock I own which closed at 8.33 showed a price of 35.00 up 327% on the CNBC app. I even took a screenshot picture with my iphone. I was calculating all of the fine wine I could purchase with such an open on Monday morning.
Taking a pic of that kinda stuff helps later on, it reminds you of the 10 minutes of horror you must have experienced. Just hit home key with the top button, save that moment for another day when your banking all sorts of coin.
LOL.
Tale of two cities.
You sound more and more like Charlie Sheen every day. Viva FTK!
Sheen sounds like me. I am unchanged
I had an opposite story… SQM was trading at 51 bucks and the pre-market screen was showing it at 59.
Ha! I feel your pain! A couple of years ago I was way long UAUA (now UAL) and google news came up with a story of a chap 11 filing by UAL. The stock dropped huge and I was looking at a near 7 figure loss in 5 minutes. Turns out it was an old story from a few years earlier when they did file chap. 11. I turned up the volume on CNBC and was frantic because I couldn’t find any new news about the debacle on the internet or TV. Then poof it was all back. That’s the problem driving cars full of dynamite at 100 mph into the sun. Of course it is a lot of fun.
I thought perhaps the header of this post was your reaction to finding out Mrs. Fly is starring in ‘Mob Wives of Staten Island’.
Pfft. Wrong heritage completely.
And you are comparing a literal queen to a gaggle of shuffling stoats. Hang your head in shame.
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LOL – i know, i’ve seen her on facebook 😉
crack spreads imploding? this refiner sell off sucks
What? I have it at +1%. http://www.bloomberg.com/apps/quote?ticker=CRK321M1:IND
No, the crack house yuppie fund managers selling refiners for some reason. Don’t try to make sense of the daily movements within the refining sector. Just know that in the end, they’ll be UP.
saw that too,,lol, but was watchin all morn, was thinkin i wish i had a buy at that level, either someone got screwed royal or it was a fat lie on the etrade screen,,,
didnt cramer also say he expected a merger, wrn and tso,,,
I have a heart attack every time I look at the price of FTK…I bought at $1.50 and sold when it doubled.
How high can this uptrend continue????
Buy on a pullback then. No use in torturing yourself.
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Got have a pullback first though.
ROFLMFAO Classic.
Ha Ha, he said WNR!
Just get yourself a little of the SYMX and follow me on Twitter. @johnginertrades
shameless plug
I will make sure to not follow you on twitter.
Looks like SYMX making the next push to 5…
Fly, On the other post. Yes, China lies about all their data and leak it like crazy. But their data moves stuff. It’s all a Soap Opera which nothing is really that true…including so much of our own US data.
I’m starting to think you smoke alot of pot out on the west coast… always paranoid and untrusting. Maybe take a few days off and take another look with a clear head. And take those BEARgoggles off.
lol…nope, the game is my drug…much better high.
Oh come on Bully,
Don’t tell me you believe that CPI is reasonably calculated, that its reasonable to have Fanny and Freddie off the balance sheet, that “unemployment” is 8% when 13% are in soup lines (food stamps), that we are bombing Libya to help the people there, etc.. I lean bullish too (probably not as far as you), but I certainly don’t believe everything I hear. And in China, people still disappear for questioning official statistics and policies. I made 40% on a stock once, where a Chinese newspaper announced the sale of a Canadian oil jr. at $10/share, while here it was still trading for $6. I was skeptical, but thought “can’t hurt”. 6 weeks later it happened. There IS a lot of data manipulation, lies, leaks, and deceptions in China.