I sold SOL for a horrendous percentage loss. I don’t have time to mess around with chinese solar burritos who manage to miss estimate by 89 cents.
With the proceeds, I added to an already massive BALT position. The size of my BALT is now equal, on a percentage basis, to FTK, YELP and other thesis plays of mine.
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balt is hedaing to double digits
I read and try to learn
cheers
yeah BALT bitch!!!
My what a big $BALT sack you have Mr. Wolf.
Good call on BALT, jow. Followed you in and plan to hold for months.
Jan 5C looking better everyday,
Giddy up !!!
BALT gogo-ing
Paulie Walnuts says:
You got some BALT’s my friend (cue mean looking face)
Just happy I bought a grip of EGLE yesterday at the open, playing of the BDI and adding to my shippers with BALT. Almost makes up for this devastating loss in SOL.
Thanks for the BALT info. The DRYS CEO’s profile made me loathe shipping stocks so long
Bought some ABX,SLW for a trade.
Reason: Gold just plunged and these two just sat there.
Plus ABX is down only <1% and this while a physical gold capitulation going on this AM.
Also out -15%. YOLO trade that it was, not an enormous hit – still a nasty way to start the morning. Done with SOL and its ilk for the time being. Burrito delenda est.
The SOL play was a joke. Happy with BALT, but sorry to follow you into what was indeed a horrendous loss. What sort of legs do you see BALT having?
Balt is 100% cheap
so the target is $10? or more?
in a different vein, in your infinite wisdom master fly can you comment on this,……
http://www.economicpolicyjournal.com/2013/12/yet-another-massive-nail-in-dollars.html
I’m concerned by some of your sol comments. What sort of weighting was it?
SOL position was 10% of my account, down 20% so a 2% loss
Not a big deal. Move on
Oh totally – and I’m way up on solars as a whole this year. And most everything else is green, so my accounts are even
Congratulations on BALT, nice patience
Buying more balt.
Dunkshot for 52 week high
In addition to what you purchased this morning?!?!
By the end of the shipping cycle, BALT will be trading at easily 2X BV. The whole sector is STILL ridiculously cheap. Wish I had free cash to buy more.
I didn’t buy enough BALT. only about 4% of my portfolio. SHoulda went big.
Buy American (solars)
agree why go with sol when there is FSLR or even CSIQ.
OMG, Fly be so careful with the Dry Bulk Play. I don’t like it, Rebar down last night an Ore Levels super high. Be Careful.
be careful with your bubble play, market up 100% since start of your experiment, be careful
my total BALT exposure was 19.2% of my portfolio. good day, good day indeed.
Congrats on the patience with this one.