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

Holding Winners; Dumping Losers

Today I was gifted with a COCAINE GORILLA RUN in coal, long to tits in ANR. I didn’t take this generosity for granted by sitting idly by–doing nothing. I sold out of PPC and SVU, not because I couldn’t take the losses–but because I could. The losses in both names were a mere trifling, compared to the magnanimous advances made in ANR. Hence, I sold and started a new position in a name more aptly suited for today’s tape: TC.

It’s worth noting, already, I am +3% on TC.

Moving on, I feel today’s action was both bullish and bearish. Bearish for the obvious reasons: selling off from nice high spots is deadly for your financial futures. On the other hand, basic materials showed some gumption, a sector sensitive to both global growth and the superfluities of the Chinese central bank. It’s always been my belief that the Chinese will stimulate their economy, like a motherfucker, when the 18th congress seizes power.

We’re into banking coin, here at iBankCoin. I’ve got a good eye for these sort of things and generally make it my business to succeed, no matter the clime.

NOTE: short seller in the video below isn’t scared of the cocaine induced gorilla. He’s eating that fuckers leaves, petting his baby.

NOTE II: PPT members- I will be issuing today’s report a little early, about 4:45.

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18 comments

  1. zzzdoc

    Fly,
    Are you still in ANR?
    Thanks,

    zzz

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  2. acehood

    ANR=Rick Ross on bath salts at a buffet.

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  3. tm

    Did I detect a little white powder under that magnificent gorilla’s nose?

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  4. Full Retard

    About time I had some company in $TC. Bought back in at $2.57. It’s a bitch to get in and out of though if buying and selling any significant volume. Beware.

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    • Full Retard

      $ANR…. Closing HOD. Shit yeah!!!! Full retard baby since last Thursday. Romney and $5 NG!!

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  5. Trading_Nymph

    Talking about the NEW power of China….Did Xi Jinping ever show up yet??? I have to go check on that, he is sort of like Bueller, Bueller…this new leadership in China may be really crazy.

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  6. Cutoonie

    The guy in the video 2 at 3:00 bears a striking resemblance to the expression of the gorilla in video 1.

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  7. theedge111

    Hey Fly

    Whats “The Devil” up to these days? Would love to see some more text messages between you too!

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  8. muktukchuck

    M. Le Fly – do you like CSX as an ancillary coal play? And nice to have you in TC – although I got my ass on my shoulders and rode it down from 3.40.

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  9. Cascadian

    Coal will not come all the way back. There is too much new supply of Natty Gas.

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  10. Mr.Partridge

    Dr., this was an awesome day…
    divident stocks are dying … look at MO, wow.

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    • Mr.Partridge

      In addition to coals, steel and insustrials I believe financials about to break out here… will see…

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  11. TradingProdigy

    Well, I got 10000 shares….buy the momentum, great find.

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  12. fake amish

    The distinct smell of death is starting to permeate the 0 facade. Nice idiot camaign manager blow up on the Libya attack today. Biden better get the lies out perfectly tonight. The polls will go full retard for Romney if crazy Joe fucks up trying to save the 0 post debate trainwreck.

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