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

REAL Men Mine for Coal

It was a hard days work–but the coal I mined out from ANR proved to be profitable. Do not think for a second Le Fly diminishes the efforts of coal miners by equating the purchase of equity with actual mining itself. We all know stock brokers are made from the very lowest forms of humanity, conditioned to trick people into unsavory “deals.”

On the other hand, the good people from the Appalachia put the H in Onest. Granted, some of them walk around their small country towns– clad in 100 thread sheets during the night. Nevertheless, coal is where it’s at, fucker; get in the game.

The market is down, back to churning again. Yesterday should have meant ‘break-out’ for bulls. Based on recent history, strong breadth days are sold, leaving the true believers bleeding on the curb, stomped out by cocaine gorillas.

The election of your lifetime is around the corner, might as well prepare for it. I suspect we will be range-bound until King Romney wins or fall on his stupid mormon sword.

Either way, I’m a big buyer of ANR.

If you enjoy the content at iBankCoin, please follow us on Twitter

52 comments

  1. Bill

    FLY,

    Any idea why MCP is bleeding. Should hold or exit now.

    Bill

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. BottleRocket

    Are you listening to the call and what, if anything, gives you confidence?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. tm

    Fly, I was quite astonished to come in this morning, wearing full tuxedo and top hat, to be greeted by 187 comments coming from 4 people, turning your blog into bedlam.

    Everyone acts like they are 100.0% confident that they know exactly what is going on in their government, and knows that the solution is somehow going to be accomplished by this really simple “this guy / or that guy” installment as figurehead president.

    I think that people love to see a fight between two clearly defined sides (must be two). It must always be simplified to Coke or Pepsi, MCD or BK.

    Not sure how taking anonymous jabs at each other, in the middle of the night, does anything more than give you a false sense of accomplishment. This is dangerous because then you miss opportunities to truly make a difference.

    Keep in mind, while this is going on, your elected Congressfolk are ramming through a piece of legislation at 2 am in secret session, plugging anything that their financial backers are telling them. Something that will drain this country and then somehow explode in ten years.

    I prefer to admit that I don’t really know what’s going on. And I’m pretty sure that whomever the president happens to be is not going to move the needle. At least not in any way close to the proportion that some people choose to spend their time fighting. It’s just a diversion, and this is exactly what those in power want to see happen. Congrats.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      I’ve tried to stop them from political attacks–but they won’t listen.

      The elections are right around the corner. Let them have their fun, for it shall soon end, forcing them to hibernate for another 4 years.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • TraderCaddy

        There is a reason one is smart not to discuss politics and religion on most occasions.
        It usually goes down to name calling and personal insults on both sides.
        A complete lack of understanding and respect that people hold different opinions.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
    • muktukchuck

      If the Senator and foes were naked women, would have loved to watch that cat fight (no voyeurism)

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. TraderCaddy

    Seen this before on “unemployment day.”
    Just bought SMH,Q’s, and some SPY with tight stops.
    Most large cap Naz are unchanged or up and INTC looking good as is BAC.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Frog

    Once in a while some of us get fed up with the Far Right WIng views that are expressed most of the time in the Comments sections here.

    Those folks who express those views will never change their minds. But some of us want others here to know that not everyone thinks the same way here– the way that Faux News & Drudge tell them to.

    U can’t expect to have a comment section that keeps using repetition of nonsense as a brain washing technique and expect that there will never be any reaction to that.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • DMG

      STFU Nancy. You’ve proved yourself an ignoramus.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Mr. Cain Thaler

      Lol you act like you aren’t routinely in the comments yourself

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Jakegint

        Truly, the Frog-Teahouse Mutual Back-Patting Society has been a pathetic site.

        Frog: “Faux News!”

        Tea: “Goebbels!”

        Frog: “Oh my yes! FAUX, FAUX News!”

        Tea: “Hell yes, it’s Faux!”

        (Rinse and repeat)

        _______

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Mr. Cain Thaler

          I don’t understand the ‘Faux’ News line of attack, whereby you insinuate you are somehow more open to ideas than your opponent and completely refusing to acknowledge of the existence of arguably on of the most widely read and popular news sights in the country.

          You can’t say, “my oppoenents are all mindwashed because they don’t watch anything but Fox”, and then follow it up with “I refuse to ever watch Fox because they say things I don’t agree with”.

          It is mind boggling ignorance on display – the contradiction is blatant

          Also, nobody is dumb enough to think Fox isn’t extremely conservative. That’s not the point of reading/watching multiple news sources

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • Mr. Cain Thaler

            Ugh, I apologize for that spelling in advance…I’m just mashing buttons this morning

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Jakegint

            Well, even if “Faux News!” were a legitimate response, calling your respective opponent “Goebbels” certainly is not.

            Sure is a sign of a weak argument, however.

            Of course, then there’s Ottnott, who is always good with a quick retort to an obviously sarcasatic post (i.e, The New Republic actually has more than 24 subscribers!).

            His defense of Obama, however, is as similarly non-existent as that of his lesser learned comrades.

            _______

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Mr. Cain Thaler

            Lol I like Ottnott though, even when he goes off the deep.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
    • zzzdoc

      Frog,

      You still have not said how O or you would pay the 16 trillion debt, soon to be 20 if O wins. Or you wouldn’t pay it at all and leave to the kids and grandkids to deal with it?

      zzz

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Cascadian

      2 sides to every story (at least)

      Yours is far left.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Jenkins

      You post as much far-left bullshit as anyone posts right-wing bullshit. Hypocrite.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  6. KC Scott

    Why not ARLP instead of ANR?

    Much better balance sheet / Div cushion and just reported record production

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. TraderCaddy

    This day reminds me of “unemployment” day of Feb. ’05.
    By 1:30-2:00 we will be in midst of rally led by NAZ.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. KCTrader

    The coal mine stocks would be higher if only they would pay a “Roman’s wage.”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Patrick

    I’m waiting for drudge to tell me what to do…will comment later.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Cascadian

    Coal miners gave West Virginia to JFK after Papa Kennedy bot their union.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • TraderCaddy

      That and all of the dead people in Chicago who voted twice.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Jakegint

        Both places were “owned” by the same, late, great Samuel Giancana.

        _______

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • TraderCaddy

          Some believe it was he who put the hit on JFK.
          And he, like JFK, had a fling with Marilyn Monroe.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • Jakegint

            I think the last is documentable, but I doube the former. The mob has historically been very touchy about “the heat,” and I can’t believe they’d ever go that high profile.

            That recent story about the “renegade KGB” (later Premier Andropov being one of them) makes more logical sense, however.
            __

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • TraderCaddy

            Those who argue in favor of the mob hit say that the mobsters were upset that JFK sent his Attorney General (Bobby Kennedy) after them. There were Congressional Hearings instituted by Bobby K.
            The again, some say it was Castro ticked about the Bay of Pigs and an alleged attempt by the CIA to kill Castro.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  11. Cascadian

    When Obama’s EPA outlaws fracking it will be a great stimulus to the Coal industry.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Jakegint

    This Obama’s Katrina meme is getting kind of eerie.

    Amazing how some of the storm’s worst hit the Irish Riviera (Breezy Point) and the one Republican Borough (Staten Island).

    And now, Mr. Vegas is letting those folks eat cake, one suspects.

    __________

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • TraderCaddy

      I find it rather disgusting that it took the 0 about a week to visit Joplin,Mo. (over 150 people died in a town about wiped out) and to Central Ala. when they had tornadoes.
      He is the POTUS for only some of the people.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Jakegint

        Someone made a good point yesterday about Bloomberg… he spends an awfully large amount of time concentrating on “banning” various foodstuffs of little consequence in the City, but when large disasters arrive — events that are traditionally the Mayor’s chief responsibility — he’s been notably deficient. First with that snowstorm last year when he was gigged by his own unions, and now with this hurricanoe problem.

        _______

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Jakegint

          Hat tip to Insty for these two from New Yawkahs….

          #SANDYFAIL: In Brooklyn, unhappy with Bloomberg: “Yo asshole mayor, turn on your television (instead of being so greedy to get on it) the city is in full blown crisis mode, there are huge disorganized lines for buses, gas, food, water, no trains into Manhattan from Brooklyn, tunnels shut, half the city without power, smoldering ruins in queens, hungry, sick, grieving, fed up human beings, THESE ARE YOUR FELLOW NEW YORKERS (even though your life reflects nothing of theirs). AND YOU WANT TO SHIT ON THEM BY ALLOWING THE MARATHON! THIS IS YOUR LEGACY BERMUDABERG, the mayor that doesn’t give a shit about his people, oh, except to ban big gulps.”

          Related: New York’s Incredible Shrinking Mayor. “What would the world have thought of Mayor Nagin if he’d diverted resources from Katrina relief efforts to holding a Mardi Gras parade? Mayor Bloomberg may be about to find out. . . . . As the true dimensions of the damage in New York gradually appear, as the death toll mounts and as chaos at the gas stations and devastation in Staten Island undercut the narrative that the city has responded effectively to the challenge, Mayor Bloomberg looks more like the hapless officials of New Orleans than Rudy Giuliani or Chris Christie. The decision to divert badly needed resources to the Marathon looks callow. Big talk about climate change fails to impress; surely if the Mayor was so concerned about climate change he could have invested more time in flood preparations.”

          Ouch!
          _____________

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • Mr. Cain Thaler

            If climate change caused the hurricane, you can just blame the people who got hit and not offer any help, right?

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Jakegint

            Amazing Fly escaped Staten Island just in time.

            I credit his wife.

            _______

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Mr. Cain Thaler

            Her quiet nature and broad smile belies a cunning strategist with tooth ache that predicts natural disasters…

            Now they can just buy back their old house and have two.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
      • Mr. Cain Thaler

        I’d be hesitant to say that means Obama has intentionally been neglecting conservative dwellings.

        I’m sure the conservative locations have been equally disinterested in his coming there.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Jakegint

          Sounds to me like they are far further down Maslow’s Heirarchical Scale to give a shit about where they get their aid from at this point.

          _______

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • Mr. Cain Thaler

            Yeah, and if later we find out that these military voting booths “randomly” only made their way to high Democrat areas, there will be something to say about this at that time.

            Just seems like a leap right now. He’s one guy, he can’t be everywhere.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  13. Mr. Cain Thaler

    The CIA has offered a counter narrative to the Bengazhi attacks. It looks like Fox got some of the facts wrong.

    http://security.blogs.cnn.com/2012/11/01/intelligence-official-offers-new-timeline-for-benghazi-attack/?hpt=hp_t3

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Jakegint

      Sounds like they knew it was a terror attack from word one. Nothing in there about anyone protesting a video made by some mook from the States.

      Odd no?

      Couple of questions —

      Why in the world would they leave the ambassador behind, dead or alive?

      Why did they leave the two CIA (Seal?) men on the roof for all that time. \

      Why were they taken out so quickly (eleven minutes) by concentrated mortar fire. The word (from military commentators, not “Faux”) was that they were attempting to “paint” targets with lasers for drone strikes that never came. As soon as the lasers were sighted, they were sitting ducks without resultant strikes.

      Interesting, but I think we’ve clearly established that the Administration was lying — and attacking the First Amendment in the process — four about five solid weeks until they were forced to urp the truth, in stingy blots…

      Greatest attempt at a cover-up since Watergate. Will Obama’s firewall hold up through the 7th?

      Frogmarch the lot of ’em.

      __________

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Mr. Cain Thaler

        Oh absolutely. No, the Obama Administration has egg all over their face on this one, and deserve to be dragged through the mud for it. Pretending like this attack, on the anniversary of 9/11, was sporadic…come the fuck on

        But it still looks like Fox got the CIA/response portion wrong. I’m sure gun fire, panic, and chaos can explain the choice to leave the stragglers behind.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Jakegint

          “Stragglers” is not the definition of the US Ambassador to Libya.

          That would be like the White House coming under fire and someone leaving the POTUS behind… just doesn’t make a lot of sense…

          ______

          • 0
          • 0
          • 0 Deem this to be "Fake News"
      • TeahouseOnTheTracks

        More propaganda from Dr Goebbels … You’re pathetic … you s/b calling for impeachment as soon as O is re-elected no doubt … Hahaha

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  14. clegger_2000

    CLD really like this coal company.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. republicat

    Forget politics
    I HAVE A VHC QUESTION !!

    If they lose the AAPL suit, is there anyone left to sue?
    In other words is the risk reward in APPL battle; win +20, lose -20?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Jakegint

    More good news for you fans of that excellent organization, FEMA….

    Four of 400 generators installed, but don’t you DARE talk about dismantling FEMA!

    Two of those generators are probably for Nurse Bloomberg’s foot warmers. None for you small plebs!

    _______

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Mr. Cain Thaler

      The FEMA lines of attack could be easily dismantled.

      Just say, “Okay, we’re breaking FEMA into two organizations to better manage disasters.”

      “And guess what, kids! We’re going to increase funding of the part that responds to natural disasters like this hurricane. That legacy organization will still be called FEMA. Hurray!”

      No reason to give a shit what you call the other piece that’s left, because as soon as you take the bow, you dismantle it.

      • 0
      • 0
      • 0 Deem this to be "Fake News"