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

Back to the Well Again

Ever since I was a young boy, playing amongst the oil derricks and barrels, I knew I’d grow up to be an oil man. Over the course of my illustrious career, on numerous occasions, I’ve thought about “going back to the well”  and have taken stakes in many companies with success.

Well, this morning I am pleased to announce “The Fly’s” reentry, officially, into the world of black gold. I pared down my YELP position to be something of an after-thought, mere child’s play, and have sold out of all TRLA. With the proceeds, I’ve acquired shares of ALJ and HK.

I did so with unremitting vigor and tenacity and will continue to do so for as long as I live.

 

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45 comments

  1. therealhmmm

    Indeud.

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  2. jules

    Go Fly! Your Sapphire names are behaving nicely. Thanks for posting that report on RBCN.

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  3. matt_bear

    black gold, liquid gold. old money. love it.

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  4. weegoody

    bailing out of BALT now that rates are dropping?

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  5. duckkell

    I see rates down to..but profits already in for the Q. Outlook should still be brighter. rates from July 1 -Oct 1 were up 70%

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  6. quint

    I like OAS, RRC, UPL & ROSE

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  7. jules

    @ppt I win again.

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  8. ppt

    wheres that gatorsun clown, i want to know what stocks he is long so i can short the fuck out of them, tends to be a winning strategy

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  9. ppt

    ALJ was just fed to you by the fly along with a sampling of goo, and wow HK looks about as ratchet as they come so my top pick would have to be short HK

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  10. ppt

    i wonder if there is a way to indirectly short canadian blockheads that dont know shit about trading, only slurpin, on that strict diet

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  11. jules

    @ppt your like a double pussy. An internet persona hiding behind and internet persona. My guess is you gave up a lot of lunch money growing up.

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  12. ppt

    HK already lower since i got short, u gonna be doin the duck walk by friday

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