PCX, JRCC and others plunged today amidst rumours of imminent bankruptcy filings. Who would have thought the coal industry would have gone kaput under the Obama administration?
With every death comes a birth. As I sit here in the scalding hot weather, enduring temperatures that haven’t been seen since the grounds of Carthage were salted, I had an epiphany.
Milk the farmer.
Why the fuck not?
Those silly bastards are going crazy trying to salvage an already ruined corn crop. They will be forced to invest in irrigation systems and bulk up on fertilizer. The food supply as we know it is in jeopardy. I believe the United Steaks will begin importing grain from South America soon, if not already. This is a great blight on a nation filled with blights.
I want to be long excessive amounts of MOS. Therefore, into the bell, I bought more.
I want to own VMI, LNN and maybe some MON. I want it all.
In the hallowed halls of The PPT, one of the most reliable and trustworthy signals was flagged today. If you weren’t such misers, you’d know about it.
All in all, today was a set up day, where the weak got hoodwinked by the pinless hand grenade action in coals and other basic materials, while everything else set up for explosion. You need to be in the right sectors and industries, small man. Most of you are too inexperienced or stupid to see the forest through the trees. Take it from a space alien magician (SAM), with over 15 years in professional money management: it’s dangerous to be short here.
48 Responses to COAL IS DEAD; LONG LIVE THE FARMER
YOU ARE AN IDIOT
And your name is BOB.
hey whats bob spelled backwards?
Ticker: AGM, Farmer Mac, federal subsidized loans for land used for agriculture.
Have a look at that chart.
pretty. and they can’t fail either…
Are you still playing the VMI 100 roll from 2008 or was that the other Fly.
Fly, what do u think of POT and AGU ??
wd40 is not as slick as it uesd to be.
Try some KY!
Dude, I feel the only reason you write the blog is to flatter your obnoxious and laughable ego. But you’re right – I’m an idiot – why would I waste my time reading those stupid rants?
If you cannot find value out of my blogs, I feel sorry for you.
What can you say about someone who makes off the cuff judgements in these sanctified halls.
He knows not whereof he speaks.
You “waste your time” reading them because not only are they good, they’re fucking funny.
Read between the lines: $YELP, $WNR over the past year, $RBCN now, etc. Get out of your own way and see what is being offered.
vix was up today >88
Coal will still be burned. They won’t want to stop burning coal because they will never get those power plants licensed again for coal.
remember the last time some of you didnt hedge ??? i do it was in may ,some of you waited to long ..i didnt …some of you didnt do it at all and well probably arent reading this now any way ..and some of you made a complete spectacle of yourselves….protect yourself , i use faz
i see mos as a great play, i also like the flys writ of possession.
HEY GRAMPA how do u like the new ipad we got u?http://www.snotr.com/video/8965/%20
you to will be old some day
if he’s lucky…
I have a question. Why do some get so frustrated and upset at flys posts while some find it full of info and good humor. I am the latter. I think it has to do with your level experience and if your on the wrong side of the market. Also fuck off noobs. Don’t post here go do your own bs blog.
the fly should not allow you to post …the reason???? no ? at the end of your question..noob
Would level experience equate to a shoe size IQ?
i can not confirm or deny anything at this time..
It took a little detective work, but I found the reliable and trustworthy signal you speak of. Looking at the PPT blog, I was expecting something other than a graphic interface update. I’ll get more excited when the 12 mo. signal is activated, though. The returns are much 2x better.
speaking of coal, BBQ pit masters is on discovery channel, for some hot grill on grill action.
Hey Fly, fuck you. : )
FYI Heavy rains the last two nights in the St. Louis area. I am not sure how widespread but caution on the weather play. Things may be improving.
plenty of rain in PA . corn popping up nicely in rows..wheat looks real good they just harvested alot..i see alot of beans growing to
i want 50% more cash in my pocket
you bull types get kinda quiet when the painment comes due
STFU already, else feel the end of my sword.
even the finest archers need to practice , on occasion
Just the tip, however, a little poke if you will as a warning sign.
farmers in the midwest will not buy irrigation systems. they are too cheap and they are too used to regular rainfall. they are indeed morons but, they know that once every twenty years they will get whacked with a drought. that is why they buy federal crop insurance and let the rest of you cretins pay for crop failure.
Tell that to the earnings beat at VMI
Brazil has already shipped over 12 loads of corn into the southeast hog farms.
i heard a rumor today that the earnings reports were not going to be good ..thought somebody might like to know
What are your thoughts on housing, Fly? I really like timber companies here and think they provide leverage to a housing recovery.
Builders and dealers have been through too many head fakes over the past several years and lack access to meaningful credit so their inventories are at historic lows while lumber mill operating rates are at ~95%. If housing starts pick up, builders will have to purchase more lumber from the dealers. Those dealer’s inventories are so low that they will be forced to purchase all marginal lumber from mills. Seeing as those dealers won’t care about prices, because it won’t be sitting on their books and will pass through, mills will likely raises prices and keep them there until supply catches up with demand.
Housing stocks seem to be pricing in a significant improvement, which IMO is a bit over-stated; Timber companies do not need a significant improvement and any improvement will be a catalyst, or at least I hope. Any thoughts?