I finished the day +.01%, which is a miracle considering a top 5 position of mine was down over 14% this morning. But as the Gods spoke throughout the day, I began to bowl on you bitches who were betting against me–settling LULU down just 5%. To offset that, my WNR grew longer and AG sprinted forward.
The market is about to do the “Carl Lewis” here, roasting the stomachs of fucktards who support erroneous views. That’s right, I’m talking to you.
I started a position in GMXR today, buying 100,000 shares. It’s a speculative play, like FTK. They have enough cash until 2013. Until then, they desperately need the price of natty to rise and seamlessly transition from a natty exploration company to oil. Their properties at Bakken and Cotton Valley are rich with oil. It’s just a matter of time now, Will they have enough time to build up production and turn cash flow positive? The world is watching. I will do more work on this sucker and report my findings, down the road.
All in all, today was even better than yesterday’s 500 point decapitation. Can’t you hear the pain-train coming? Put your ears to the earth and listen for the rumbles.
Up we go.
[youtube:http://www.youtube.com/watch?v=VrFO6CyLbDs 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
can’t argue with that.
You can argue but that chit will getcha banned. ;p
Indeud.
I like the sound of that limitless sky.
Fly…three year chart of GMCR, NFLX and OPEN = LULU in a year or two based on missed revenues and slowing growth. Am I missing something?
You are missing your balls.
LOL
Just the one…
Very disturbing that I’m actually starting to like Ross.
He is the next Fed Chairman.
He gave away $1 mill cash at a strip club in Florida. It’s on youtube. This crazy fucker has Brinks trucks deliver it all in singles.
It’s on youtube.
Did I say “it’s on youtube” already?
LOL. For real? That is hilarious.
I hope he got a couple trips to the Champagne Room for that.
Here’s the video…I think
http://www.youtube.com/watch?v=wwxu-_Fsy6g
Must’ve been King of Diamonds. Rapper central. The place has shotgun toting security guards at the front door. No joke.
LOL… how did I know?
One year to set-up oil production? I don’t know if they already have some base there, but if it’s greenfield they’re gonna spend months only for engineering, not to mention waiting for equipment to be manufactured, erected and commissioned. Then they must turn positive. Sounds like a miracle to me.
Do some HW. It might be worth a shot.
10x upside.
You mean like this presentation from 1st December 2011
http://gmx.investorroom.com/presentations
WNR – GS conviction list – divesting
Overheard on the shit boards:
Because as the selling agent for Paul Foster’s 10b5-1 planned sales of 3,060,000 shares
(during the period from Jan. 3, 2011 to December 21, 2011), GS knows that they only have
255,000 shares left to sell (of the 3,060,000) and that December 21 is the last day of
sale plan.
When Foster’s share sale gone, we will get some serious upside action. GS knows the lid is
about to come off WNR and they will then let it run. That is why they are telling their
clients to buy WNR now for a 6- month double ($23 price target). February is up
historically.
Also overheard on the shit boards:
Update on where Goldman Sachs is on executing Foster’s 10b5-1 automatic sale plan.
As of November 30, 2011:
Franklin Mountain Investments (WNR shares)
2,040,000 shares (planned for sale in 2011)
1,870,000 shares (sold to date, as of 11/30/11)
170,000 shares (remaining to sell by 12/21/11 deadline)
Paul Foster (WNR shares)
1,020,000 shares (planned for sale in 2011)
935,000 shares (sold to date, as of 11/30/11)
85,000 shares (remaining to sell by 12/21/11)
Cumulative total status of Fosters 10b5-1 sales plan:
3,060,000 shares (planned for sale in 2011)
2,805,000 (sold to date, 11/30/11)
255,000 (remaining to sell by 12/21/11)
GS put WNR on conviction buy list now to give their clients time to load up on WNR before
this overhang (Foster sales plan) disappears on 12/21/11.
Today’s price action is not only about the Yorktown divestiture reducing debt, but also
about the visibility of the imminent end to this 10b5-1 sales plan.
Um… could it be Golden is just trying to sell the Foster shares with their rosy targets?
Naaaaah!
________
True, but now WNR is able to pay down more debt and be a takeover candidate.
Also shedding bills associated with Yorktown.
http://youtu.be/ILgKO2tMMWA
and the selling is 99% done, meaning another lift …..
I have my Ear to the ground, I feel the Vibrations….its, its….MERKEL…and that Train is NOT going to bail out Europe..She Speaks tomorrow and MER-KOZY meet on Monday, but that Train is not going to get off of her track…Choo Choo. BTW, Global PMI’s sucked big time, USA is in complete divergence from the rest of the world, last time that happened was in 2008.
Uncle Ben’s got us covered for the time being. You gotta roll with the punches and go with the flow. Remember UBiG! And he’s got a big BAZOOKA!
It’s a bull market, you know.
That too…
Loyd says Lulu will be back, chill out yall
As for Canada, this broad looks Canadian.
And better than Brittany:
http://youtu.be/aMGu6457tFY
Raising money in the oil patch is very very tough at present. Small exploration companies are almost totally locked out. What they have to hope for is a deep pocketed partner. $BPZ is in the same shape with a massive offshore juicy block and is looking for a partner.
They may go BK. But they have a year to find out. The upside, natty production is at all time highs of 6.5bcfe per qt. If natty goes up, they are saved.
I can sum up nat gas by quoting the driller on my land who called me and said “We hit gas on two wells, I’m sorry.”
Short LULU
Descending channel since high in July and growth slowing….this is the next GMCR.
FUCK YOURSELF.
BANNED
Just merely stating my position in LULU.
If i could fuck myself however I would never leave the house. Hence the anti-yoga sentiment. Ha!
… to “fuck yourself” would be very “foolhardy” !
Not to mention, quite repulsive ! LOL
.
There are CLEAR bearish ascending wedges in the 30 and 60 min charts of GOOG and AAPL here. A good jobs report tomorrow will likely bounce the dollar here, which is hardly good for QQQ
Also, there is an ominous “octuple top” in the 60 min chart of XLI
I doubt we pullback more than 2% here. I still see sideways into spring. But, we are due for a minimum 1.5% pullback, in the next 2 trading days. Could easily happen in ONE five min SPY trading bar. Right before, or right after, jobs report.
i’m about to octuple pop this guy in the face.
+1
Called for a dead cat bounce bounce to ES 1240, on Nov 23rd (on twitter). Plan is playing out well, so far. We shall see.
I won’t
be overly bearish
until I start typing like
Alf
… in a word …
“foolhardy” !!!
.
roaring. good shit, kube.
“The market is about to do the “Carl Lewis” here, roasting the stomachs of fucktards who support erroneous views. That’s right, I’m talking to you.”
2 messages in 2 days to Alf.
… to … for so much as a second DOUBT … “alf” … would be the epitome of … uhhh …
“FOOLHARDY !!!”
.
KUDOS on the POS LULU. Well I guess its not a POS after all FLY.
I haven’t done much homework on GMXR, but rotary rig count is at all time highs (http://38.96.246.204/naturalgas/weekly/). More rigs would add to more supply which would depress prices but the only catalysts I can think of off the top of my head to increase demand now are if Winter gets real cold real fast (abnormally warm in the NE now), rig counts drop and inventories drop faster, or this manufacturing (and hence power consumption) uptick in the US propagates.
As far as the micro, I would think that greenfield land would require a ton of capex to establish cash flow which would take more than a year of time to get going given winter is the season for natty. I’d be curious to see what their proven reserves are.
ELSE GMCR < 1;
Eventually all bear markets end. Even in Natty. I can think of a few things Uncle Sam could do that could boost consumption. Just sayin’…
True about the govt, but they are slow as shit and have other things to argue about now. I don’t know if it happens before GMXR has a conversation with the reaper.
I just realized I put GMCR in my previous post (no Einhorn).
Rig counts are high, but gas rig count has been declining. The number of oil rigs surpassed gas rigs back in April for the first time since May 1995. Right now we sit at 43% gas rigs. Average since 1987 is a gas rig percentage of 65%.
The total number of gas rigs is sitting at 870ish. Back in 2008 we hit 1,600.
I think I’m gonna need my balls to hold on to this RIMM short…
Rimm has gone from 70 to 15 this year and you’re still short? crazy talk ..
… uhhh … HELLO !!!
Can you say “foolhardy” !!! LOL
.
I’m sensing a pattern here…
I wonder what Gov Perry would say if Rick Ross printed money just to make it “rain” at all of the strip clubs across America.
If so, I am selling everything and going ALL IN on RICK.
Rick Perry, would most likely say …
THAT … is “foolhardy” !!!
.
And to help you get into the Christmas season (I am not there yet), here is a techno lighting display.
http://youtu.be/vtZ5pX00MfI
Cool!
Neighbors must love that fucker….
… THAT is freakin’ “foolhardy” !
.
To really get in the Christmas spirit, OG style:
http://youtu.be/2vF3cRi8bkA
MPET $1.14.
I bout a piker’s size position in LULU myself today. BTW Rick Ross FTW
… very “foolhardy” ! imo
.
The second time you said this was more than enough.
Cramer bearshitted on LULU today…even after his recommendation of it in SEPT. Fuck that faggot.
Cramer can be … at times … very foolhardy !!!
.
I am sorry, but …
…putting on additional LONGS here … given that ridiculous BS yesterday … seems … well … “foolhardy” !!!
THERE !
I said it !!
FOOLHARDY !!!
(I think I just may have used “foolhardy” for the first time in my life in a sentence)
This could very well become my NEW “Go To” phrase !
.
… lovin’ me some “foolhardy” right about now !
—
Fly … you are “foolhardy” !
Gint … YOU are so “foolhardy” !
chessNwine … you are “foolhardy” !
Steve the Neighbor … YOU are ridiculously “foolhardy” !
—
And … correct me if I’m wrong but, somewhere out there is a frickin’ crazy Frog … apparently playin’ a goddamn “colorful” ukelele … HELLO !!!
“DEFINITELY WAAAY FOOLHARDY” !!!
—
LAUGH PEOPLE !!!
It’s a joke !!!
😉
.
Foolhardy = Reckless, Bold, Rash, Audacious !
—
This “Market” is … well … “Foolhardy !!!
—
Trade appropriately !!!
.
BANNED
it was a fuckin’ joke… jeeeze !
Comeon !!!
.
… tongue planted in cheek about as far as I could plant it !
Jesus Fuckin’ Christ !
Lighten Up !
.
R.I.P. , Rip !
http://youtu.be/R-8mKL4AObI
.
OH … by tha way, Fly !
Please feel free to embrace tha term, “foolhardy” !
—
Very apropos these days !!! imo
.
alf44 has been BANNED.
… please reconsider !
.
… to actually ban “alf44” … would be quite “foolhardy” !!! IMO
.
Buh ……….. Bye !
YOU … are particularly “foolhardy” …
…not to mention dumber than a “bag of hair” !
.
Like uh, ….. ah ….. ummmm…….
a hairbag ?
http://youtu.be/OiPWE6LaP7o
.
Those GMXR guys make some nice paychecks relative to the size of the company.
Alf pollutes this site. Please rid the silent majority of his presence.
“alf44” provides more insight here in a single evening … than your silly “fuckin’ “foolhardy” anonymous ass has done … EVER !
Who tha fuck are you anyway ?
Crawl back in the hole from whence you came !
.
Telling us you added TYP is “insight”
You are standing in front of a freight train. Any asshat can understand that that is not wise.
It DOES appear as though I’m standing in front of a freight train … I’ll give you that !
But, “standing in front of a freight trains” is pretty much what I do for a living ! fwiw
.
Steve Buscemi tonight on Jimmy Fallon …
Alf’s Gone ?
All
I
Can
Say
Is :
http://youtu.be/FGszrvTcz1s
.
Gene Henderson found out that Alf was banned:
http://youtu.be/ACpNVD5GMUw
Recognize the tall douche ?
Alf, before you infest another site, just try and THINK before you post !
http://youtu.be/qE41YPdPuis
.
Markets have closed in AUS and prices were up into the close despite woeful building starts
http://www.abs.gov.au/ausstats/[email protected]/mf/8731.0?OpenDocument
Perhaps there is an anticipation of interest rate lowering with the poor housing starts but I worry that the Australian market is so small that it can be used just like a fisherman uses burly to attract the big fish.
Got to go. Just got a note offer with a juicy 8.6% initial rate that I need to read.
I do like this site, but if a hide feature is not introduced, I feel that threads like this will drive many away. Fucksticks like Alf don’t generate interest, they destroy it. No reason to read him.
… scroll down !
I apologized for my “foolhardiness” !
Satisfied … uhhh … fuckstick ?
.
Any real reason why futures are gapping up this morning? Anyone?
Crack spreads up almost 14% this morning! Should be another good day for refiners.
For those still holding their WNR:
Western Refining Inc. (NYSE: WNR) Raised to Outperform at Credit Suisse.
8.6% Unemployment Rate…
4 More Years for the Big O locked up.
He’s got friends in the jobs counting office.
HA HA
Size of U.S. labor force declines by 315,000
FUCK IT! LETS ALL JUST DROP OUT
UNEMPLOYMENT PROBLEM SOLVED!
And fuck it. Im long.
Probably developing schizophrenia
120,000 jobs equals a .4% drop in unemployment! At that rate we’ll be at 0% unemployment in less than 2 years!
… my apologies to Fly and the readership here !
—
My behavior last night was “foolhardy” !
Was just trying to have a bit of fun and to lighten it up a bit !
This morning … as I go back and read … it doesn’t seem quite as funny !
😳
.
Your whole shtick is annoying. You would probably be an interesting contributor if you would just drop the spastic writing style and communicate like an adult.
Ouch !!!
.
After going back and reading your comments from last night, it sounds like you may need some counselling. You may have an addiction to drugs or alcohol.
Thank you for your concern !
.
ANOTHER FTK????
I BANKED ON FTK, A COUPLE YEARS BACK.
SORRY ABOUT THE CAPS (BONGING COFFEE).
!!!!
I have to agree 100% – this kind of “personal banter” – is a total blog killer.
As owner of a very sucessful online marketing agency going on 11 years now – I make similar recommendation – people don’t have time for this…and it underminds the real value of what’s available here at IBC.
In any case..all currencies vs dollar bumping in to areas of resis – as well commods vs JPY so……..
Upward momentum is limited – as dollar looks to form daily cycle “swing low”. Im 100% cash – and not chasing limited upside move here…..looking to build MASSIVE shorts for the blackhole floating just outside our universe.
U guys ever consider a FOREX guy to contribute / blog here? – I can submit trade records for the year – not to mention – blog a little toggle ittle.