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
23,441 Blog Posts

King Coal is Your Next President

Three items of business.

1. Sneak peek into Le Fly’s new house.

2. Check out this new/awesome energy drink

3. Aside from the obvious coal plays (BTU, JRCC, ACI, ANR, WLT, CNX, JOY), the following coal/coal related stocks are worth your perusal.
YZC, OXF, GBX, LLEN, RAIL, CLD, CSX.

And this research note from Sterne Agee.

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20 comments

  1. Jimbo

    Nice!

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  2. Quint

    Amazing – ARod, Armstrong…both get to defraud and cheat the public and keep their millions made!

    If they worked on Wall St someone would be filing lawsuits against them.

    I don’t see anyone filing any lawsuits and clawing back all the big money they made by cheating.

    You want to stop steroids…start suing athletes!!!

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  3. The Fly

    Interesting.

    I can see class action suits of collectible owners bringing suit due to drop of price of collectibles.

    Get the lawyers on it.

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  4. V

    Fly, what is your biggest/top pick coal position? Thanks.

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  5. Half Blood Pope

    Interesting fact: The Fly’s favorite nation, England, opened the first metro line, The Tube, in 1863. The carriages were pulled by coal powered steam engines. Coincidence?

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  6. The EyeTailan Stallian
    The EyeTailan Stallian

    Since 0bama and his crew never had to take any chemistry, physics or mathematics in college they probably think electricity comes from electrical substations.

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  7. xxxHuggieBearxxx

    Tonight i inch ever closer to EVEN on the year, which is all i now seek. It may sound ridiculous, but with the uncanny timing of wrong turns this year and break even year would be nearly as nice as my +50% last year.

    I need 5% more….and me thinks i get it in basic materials.

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    • charlie

      Coal will get you there if romney wins, AND MORE. Silver will also get you there, regardless of who wins.

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      • xxxHuggieBearxxx

        I bought EXK in size today in the high $8s. I’m happy with that.

        Thats my main play.

        I also have VGPMX, which looks to finally be breaking out and may get back to my 18.90 B/E point.

        But i may have to dump FFIV.

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    • The Fly

      Way to climb back from vagrancy

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  8. JTU

    Bloomberg-Asian Stocks Rise as Chinese GDP Growth Matches Estimates.

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  9. fake amish

    Ever seen a eunuch cry? You will see many. The greatest live television of all fucking time comes the night of Nov 6 2012 in the year of king coal on MSNBC.

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  10. Show the Cards

    On the other hand, chemical castration is at least reversible… http://en.wikipedia.org/wiki/Chemical_castration

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  11. JTU

    Western Refining upgraded to Buy from Neutral at Goldman
    Goldman upgraded Western Refining citing relative valuation and high MidCon exposure. Price target raised to $34 from $32.

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  12. 88888s Account

    $85tn thermal coal isn’t going to make anyone in the first world rich nor is $115 iron ore

    Make sure any gains in this crack head rally are taken quickly – this ain’t 2004 -as much as I wish it was….

    Coal is the hobo commodity

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  13. vking

    A new feature has been just added to The V.Kingdom blog

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  14. The Plumber's Crack
    The Plumber's Crack

    fuck that mining business, i’ll stick to fixing toilets.

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