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
23,445 Blog Posts

Boasting is in My Future, But Not Now

I will not boast today, despite gaining 1.9% for the day. Instead, I will reserve myself and exercise a bit discretion, setting a good example for all of my fellow financial bloggers out there. It’s important to time one’s boasts with sublime precision, otherwise they’ll fall by the wayside (whatever the fuck that term means).

My gains were led by ANR and DDD. Funny shit, I am now UP on DDD, after absorbing a rather heinously expeditious 12% loss. JIVE and NAK were my only losers. I am at a loss for words that can aptly describe the sheer hatred and violent thoughts that I harbor for that company.

Coal is the only place to be right now. It’s trading with the Presidential elections. I suspect it will trade up again tomorrow, ahead of the debate, then sell off on Wednesday. I find myself +28% on my ANR position, greedily looking for more.

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9 comments

  1. zookini

    really took that downgrade badly, probably catches a bid after earnings call but talk about opportunity cost

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  2. youknowitsme

    Nice trade on the coal. However, if you are up, lock in your gains and do not get too greedy. Romney will blow this some how, some way and coal will get slammed.

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  3. metalleg

    way·side

    n. The side or edge of a road, way, path, or highway.

    adj. Situated at or near the side of a road, way, path, or highway: a wayside

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  4. TraderCaddy

    Video head cam of the guy jumping from yesterday into outer space.
    Very cool.

    http://gizmodo.com/5951725/first-head-cam-footage-from-daredevils-space-jump

    Kind of like Fly’s orbital space ship, I imagine.

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  5. zzzdoc

    Fly,

    Why did ANR go up, but BTU did not? They normally trade in tandem and BTU is “THE” coal stock.
    I own both

    zzz

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  6. charlie

    Fly – Has ANR replaced NAK in your Mittens thesis?

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