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
23,471 Blog Posts

Here We Go

Big news this morning out of WNR, as the company relays information to be in talks to sell their refinery at Yorktown. This is exactly what I’ve been waiting for, with regards to impaling the WNR shorts. A sale would equate a thermal nuclear device going off in their pants (no homo).

As an aside, I am making a large fortune in silver because all of you were too stupid to buy last week or liquidated into the frenzy. I’ve been doing this shit a long time and I have a steady head for this shit. It’s not for everyone and most of you should cease and desist from devaluing your family assets at once.

I like beaten down commodities here, especially refiners: WNR, ALJ and HOC.

My silver holdings include EXK, AG and PSLV.

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32 comments

  1. HalfBloodPope

    First

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    • HalfBloodPope

      Shit with only 4 views. I have no life. No really, off to work for 4th day in a row at McPharmacy. If one more person bitches to me about not paying their copay while a pack of cigarettes sits in their coach bag right next to their i-phone I may just stab them in the eye.

      Long silver. Lets do this.

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      • drummerboy

        suggest chantix to them

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        • Blind Read Ant
          Blind Read Ant

          The stat’s always favor the PO for suicides. Having grown up near or around LV Parma conventions (whose public corp. goes w/out mention), I’ve long been astonished.

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  2. drummerboy

    still gots my sliver,and my wnr is in boner mode. thanks fly

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  3. ecchymosis

    First.1

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  4. jimmy_two_times
    jimmy_two_times

    Nice …

    Burn Shorts !!!!

    Burn !!!!

    Jimmy

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  5. WTF

    Raising cash to pay down the debt is good, but loosing revenue stream is not. What will outweight?

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  6. Jakegint

    No AGQ?

    ____

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    • The Fly

      I like PSLV more, as it matches upside and magically loses half of what AGQ does on down days.

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  7. Baron de Rothschild

    WNR is up in the premarket. Fly, if this thing takes off, you are walking the walk after talking the talk. I hope you win big. Looking at this one month chart, if you are right about this sale (which I don’t remember you mentioning before) and/or about WNR’s big profits, then, even at the premarket spike price, WNR is a bargain.

    http://data.cnbc.com/quotes/WNR/tab/2

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    • Yabollox

      The Yorktown sale was discussed in the conf call.

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  8. Baron de Rothschild

    “WNR Earning per Share $-0.19 is negative. Western Refining is lossing money.”

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  9. go2mars

    News flash: Shwing!

    http://www.youtube.com/watch?v=szkgylvDYA4

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  10. Mick

    link to this news please… ???? not seeing anything today

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  11. Yabollox

    Hey, I looked on the drudge report…. nothing on an actual Yorktown sale….

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  12. Mick

    no news today on wnr…

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  13. Yabollox

    I googled ‘Yorktown’, latest news is something about Cornwallis.

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  14. pedro

    Right, I can’t find any news on this. Not only this, they discussed its possible “Sale” on the conf. call.

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  15. Mike

    Wnr soft…cracks at records….booking 2Q profits with record crack levels…why isnt everyone buying ???

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  16. WTF

    Relax already about Yorktown. The thing was mentioned on the call, so when they confirm it, it’s gonna be “sale the news” event. This trade is the “old bull approach”. Wait and see.

    An Old Bull and a Young Bull were standing at the top of a hill overlooking a large meadow full of cows. The Young Bull says excitedly, “Let’s run down there and fuck us a cow!”
    “No, son”, says the Old Bull, “let’s WALK down there and FUCK THEM ALL.”

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  17. Mick

    big news THIS MORNING out of wnr ???? link please

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  18. Kunze5280

    Listen to the fucking conf. call already.

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