I sold out of all of the above, raising my cash position considerably.
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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
23,473 Blog Posts
Hey Wall St.: They killed bin Laden!
Wall St.: big yawn.
wallstreet.: yes I know, I knew 2 weeks ago where were you
Orange County. Where were you?
causing riots, I was there
105 or 155
Fly- did you already sell US Steel (X), or are you still holding?
Believe he said he sold out of X more than a week ago.
There is still too much money hiding in safety trades
XLV XLP TLT FXY FXF should not be outperforming high beta areas. But, they are.
So, if we do fall here, it likely won’t be too severe or fast. Still too much fear in the market. When you see safety trades underperforming, you will be back in ideal short territory
It is more like clowns remembering May Flash Crash and are raising cash for this month in advance.
The problem is that if every clown is raising cash, the market is likely to go higher rather than up. I will give some credit to the bearshitters and say that we end neutral for this month.
If any of you mention WNR again I will fucking kill you
You all sound like a bunch of whining bitches.
Whatever you lost, Fly lost x10 so shut the fuck up
Learn to take a loss like a man or GTFO
Fly hasn’t lost, he hasn’t sold.
the asshole wins when he loses BBBAAAAAM
Not sure on the x10 claim. Video argues otherwise
http://www.youtube.com/watch?v=EbVKWCpNFhY
my favorite part, eleven,thats how i score my women,asshole even has my haircut to. add about 10 inches though.
When is WNR going up to 20? I want to sell it and make some money. Thank you in advance.
possible b/o offer from connoco
Would be good for COP. They have great acreage and production in the eagleford.
Note: If COP is making acquisitions that usually marks a top in the market.
Oh great. Hope that happens soon.
V.King bought a fucking shit load of….. IOC
why?
to make money
i should of thought of that,
our investors rolling their money more into defensive stocks..
I don’t understand if interest rates remain low why get defensive.
Skate to where the puck is going, not where its been, Son.
cnbc told them to.lol
You are eyeing cut rate silver plays, no?
Tell me you can resist EXK under $10?
AG under $18?
_____________
but when will the miners get their due? even though they should be in the stratosphere with the ilks of oil
If EXK will get close to 9 I will be in.
Jake, I’m beginning to think we can get AG below $17.
More’s the better. I just started buying it the other day, after all.
________
this is a shake out in its highest order. miners and refiners nuff said
WNR looks like it might be a risky but good bet right here.
nope, maybe 15.50
wait for EOD
Just bot some, see what happens.
WHERE THE HECK HAVE YOU BEEN NO ONE?
finished buying my position in MOTR today. finished buying WNR yesterday. I never got to finish buying CCJ before it took off.
Yesterday I raised cash by bailing on COF, MDT, and sears.
I hope you bought and sold MOTR before they reported AH.
Listen to me now, but hear me later: Conservatives win majority in Canuckistan. This will be big for the oil sands plays. SU, CVE, CNQ.
im lookin at su, its down but beat by 2c and profit was up so why the sell off
never mind,,libya,,,got it
Don’t expect it to go up tomorrow – your guess is as good as mine as to what the market is doing right now, but it took a major beat down today relative to their peers and they won’t be posting shitty results probably EVER. They just seem to make money and beat estimates no matter what.
zachs just posted strong buy for WNR and oversold condition. Not that it matters much to the people on here, but figured I’d share the word.
One of the great money making strategies for a few dissidents has been to follow the Zachs recommendations and do exactly the opposite.
like cramer
The WNR will be a dead money trade for a long time. There is no catalyst to drive price up and equally there has been no support for price at this range. The path of least resistance is down. Even if earnings are gangbusters, I suspect too much damage has been done to the stock on the interim for any good news to have any meaning impact.
Sale of a refinery would do it. Combine that with record earnings in ratio to debt… There is potential.
The new Beastie Boys is pretty good. EOM
Fly, this is why you are a great trader and I rather suck. When a trade goes wrong on you, you cut fast and hard. I sit and try to figure out…
btw, China Govt posted last night a statement on their site about Prices being top concern, hikes, etc are their tools. Gossip was a rate hike, but OMG when India got all ballsy on their Rate Hike I think China just sat back and said “Dammmmnnn, India, ya got balls”…lol.
I own lots of WNR and am considering buying more to average down. Looking at dailyfinance.com/headlines, it shows that WNR Chairman Paul Foster, 10% Owner has been selling 127,500 shares of WNR about twice a month for months:
3/11/11 at $14.96
3/18/11 at $16.27
4/13/11 at $17.46
4/28/11 at $16.96
etc…
Hmmm…
Doesn’t matter, it’s going to $24 with heavy buying leading into earnings. At least that’s what somebody said.
Datta boy now put a cold compress on your arss… after the arss kickin u took your gonna need as much nuturing to yoru backside as possible.. u back door stock pickin bad arss!!!! Peace out!!!
Barely Bare Bear says India got ballsy. Compared to you India is bupkis.
lol….yep BBB sees India really worried about Inflation and would give up Export Trade to slow it down.
Added PWE.
WNR’s insider has over 20million shares so he’s auto selling 2x per month
This is so crazy, I thought it was a hoax, or at least a joke…
but apparently, it isn’t.
________
The media, with their love for crazy things that their viewers might find entertaining, will probably cover it and interview all 2 or 3 people who attend it.
$WNR needs to eat some fried chicken to power up.
Check out SAAS. Appears to be pent up buying pressure. As always, caveat emptor.
todays mkt action is a yawn,,so im gonna make some onion soup, anybody want some?