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
23,449 Blog Posts

The Poison Has Been Flushed

As I sit here in Amish country, enjoying the views, my WNR is shooting higher. For all of those who doubted me, I invite you to shoot a few rounds of a howitzer into your mug. It never was a matter of “if” but a matter of “when”, with regards to my winship in WNR. I can sell now and book 25% gains. However, like I said before, if I sell now I am no better than most of you. We all know, deep down, that simply isn’t the case. The only reason why I sold some last week was because it made up 40% of my overall holdings, a number meant for the criminally insane. I took it down to 20%, which is still very, very high.

My second largest position is CLF, shooting higher at the moment. I will sell some after the $100 roll.

VMW completed the roll today, gapping up near $106. Now it is behaving all depressed and shit, down on a big up day. Wait for it.

JCP was down a buck early. But now it is rallying hard. I still like the name.

Finally, I just stepped in and bought a shit load of MWW and a little DVR, to go alongside my earlier purchase of PSUN. My cash position is around 50% and my year to date gains are about 14-14.5%, year to date.

Remember when you were mocking my 5% YTD gain and I told you to prepare for “The Great Spectacle”? Yeah, eat a dick.

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36 comments

  1. jimmy_two_times
    jimmy_two_times

    I thought Amish country was supposed to take the anger out? .. good to see it didnt

    fugure on a pull back from Hybrid OB into next week?

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  2. J

    Fly:

    You’re at you’re most enjoyable objectionable best when you’re making money. lol

    As a warning to those that want to be rude. Don’t. The PPT hybrid alog shows most banning activity occur when he’s up big money.

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    • Patrick

      fly banking coin and telling people to eat dicks…brings a smile to my face

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  3. A Mönkey with a Fucking Crazy Dog that Cracks Crude Oil
    A Mönkey with a Fucking Crazy Dog that Cracks Crude Oil

    WNR still aint at 20.

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  4. JakeGint

    I never doubted for one second the firm grasp you had on your WNR, Fly.

    ______

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  5. J. Livermore

    I regained all losses on WNR and then some via a huge option position. Fly is god and I am rich once again…BITCH!!!

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  6. Yogi & Boo Boo

    Lol, Fly on a great roll. I love it.

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  7. panamaorange

    UGA gasoline is about to retest highs for the year.

    Everything but XLE is about to get killed, if this continues. Looks like The Dow will retrace at least 300 or 400 points of this move, before resuming its “Romney anticipation rally”

    I was bullish on this market for most of this move back up. Was especially bullish on oil and oil stocks , since the SPR release. But, nothing in this market will survive expensive gasoline.

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    • panamaorange

      Funny how i can’t find one bull to argue this point on gas prices.

      Could it be because there is no bullish aspect to 5$ gas?

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      • drummerboy

        the only bullish aspect to 5 dollar gas is the fed gov increasing their take every month, gas came down right before the holiday, and is inching back up again. the “conditioning” is not over yet.

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      • MetalLeg

        The bullish aspect to $5 gas is the lame argument some politicos are using to change the CPI calculations. If the price of gas goes up, people will use less. Therefore, it doesn’t really matter.

        Worse than lame.

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  8. drummerboy

    good to see you enjoying life.

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  9. Anthony Weiner

    OK, I just bought a little WNR – not too much – a small amount WNR.

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  10. bravo

    Crack spreads are soaring today. Yeah, a good day indeed.

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  11. J

    There’s far less down thump ticks when the market is up I’ve noticed.

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  12. go2mars

    Rising WNR’s, gaping crack spreads. A sure recipe for conceiving Winship.

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  13. carnahan

    Good Fly, do you still own FSII. Nice pop today!!

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  14. Aristotle

    Tell Mr Yoder I said hello!

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  15. A Mönkey with a Pile of Dollar Bills that Smell Like Strippers
    A Mönkey with a Pile of Dollar Bills that Smell Like Strippers

    The WNR conference call will be held live from Jaguars Gold Club. http://www.jaguarsgold.net/elpaso
    A good sign.

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    • ruggyup

      If you are so keenly blessed to personally identify the smell of strippers you should have been called to testify in the Casey Anthony trial.

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      • A Mönkey with a Pile of Dollar Bills that Smell Like Strippers
        A Mönkey with a Pile of Dollar Bills that Smell Like Strippers

        Casey Anthony is going to be doing porn before Christmas. Count on it. And Jaguars rocks.

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        • drummerboy

          saving up his dollars for when crazy anthony starts pole dancing….lol….. party girl with an extra smelly como sec-eum…….

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        • ruggyup

          Jaguars rock in one more year IF they can bring along Gabbert without sacrificing him to the gladiators in his first year.

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    • drummerboy

      hey, you know that we as stock holders are all invited to said conference.

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      • A Mönkey with a Pile of Dollar Bills that Smell Like Strippers
        A Mönkey with a Pile of Dollar Bills that Smell Like Strippers

        Fuck yeah! Bring lots of dollar bills.

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        • drummerboy

          dont need dollar bills. i’ll just show’em how big my wnr is.

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  16. Quint

    Buy every dip till Dow 24,000…assuming we get a dip.

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      we’ll dip off 1371 and that should be bot with both hands and a wheelbarrow.

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  17. Sierra Water

    Let me just say something, since the age of 9 I have been working for our family manufacturing business. I am now 36 and I have have never seen this level of crazy demand from every end market we serve. Semi, Industrial WasteWater Treatment, Pharma, Educational Research Facility,etc. is at a fevering pitch. I spoke with the head of one of the largest Laboratory Equipment OEMs this morning and the guy was talking hyperbole the entire conversation, saying its booming like he has never seen.. Residential Construction and related industries are the only drag out there… If that gets going, this market is headed much higher vis a vis a debt ceiling raise. Pesronally, I believe this is all one sick Ponzi Scheme, but it is what is..

    Sierra Investor

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  18. MetalLeg

    Something I haven’t seen mentioned here recently is Fly’s silver call last week. He nailed it in a big way.

    Fly, what are you’re thoughts on silver looking ahead the next few days/weeks? Thanks.

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  19. Mustard Seeds

    Caught in action, the Fly and family in Amish country:
    http://youtu.be/KjQ0gd5XwEc

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  20. J. Livermore

    Fly, with all due respect, should you stay on vacation to prolong this winship?

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  21. Jimbo

    Really don’t like JCP as a company. They are going the way of Sears in my opinion- to the shitter. My reasons are solid. I am a former customer and let me tell you- when you need service- these guys SUCK.

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