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
23,473 Blog Posts

Fly Buy: $OWW, $BALT

I started a new position in $OWW and added to $BALT sub $5.30.

 

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33 comments

  1. ripper

    why not just buy deep PCLN in the money calls?

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  2. matt_bear

    that should end the “fly sold balt” rumors. lol

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  3. dukesanddukes

    interested in your cost basis good Dr. – would you mind sharing??

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  4. The Fly

    I’m not in BALT for 50 cents. I rode the stock from 5.20 down to 4.30 back up here and would ride it back down again and not bat an eye.

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  5. chief keef

    Men who ride jets in the sky care not about 50 cents. The Fly is a Jet man (no Rex Ryan).

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  6. Very Hard

    The Fly, your attitude make me distinctly erect..

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  7. Raul3

    that OWW is the look FD: long

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  8. matt_bear

    Yelp now ripping. Could you go ahead and sell Balt now too?

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  9. Jennifer

    Get ready for more pain. GNK about to take Balt down more. All shippers will go down regardless bc seasonal pump is over

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    • Rob T

      You’re an idiot. I’ve seen your tireless posting all over StockTwits. I don’t know what position has you upside down, but this short isn’t going to adequately hedge/mask it. Your incessant spewing of “seasonal” drivel stinks of desperation and is about as simplistic an analysis as I’ve ever seen. GNK rode the 90% drop in shipping rates down with a lopsided balance sheet; that’s why its stewards created BALT, to mulligan. Why support a busted company with an awful capital structure that’s had to weather four years of losses when you can ride one with a pristine balance sheet at the start of an uptrend? You don’t know the first thing about balance sheet analysis, do you? I make the assertion, because a shipper’s balance sheet is probably the simplest one extant. Question, is Wilbur Ross going to get owned by a collapse in the BDI too? You’ve been out extolling your own virtues for calling a collapse in BALT on UP days. The stock’s overbought in the short-term; you’ve been right for one day. Give it a rest.

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    • kapitalist

      You are such a fool. One long with a decent amount of shares sells and you claim the pullback as a sign of shipper apocalypse. Look at DRYS, SB, SBLK today. Shippers are fine.

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    • halloweenpleb

      Hello Jennifer!!!

      what took you so long?
      my countdown was 2 pages ago!!!

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    • The Fly

      What do you know about anything?

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    • heckler511

      “winter is coming” extra jennifer

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  10. charlie

    Market sees desk-bound Gen X and Millennial females snapping up Groupon “deals” as office tedium sets in.

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  11. From Gorby

    Forza

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  12. Jennifer

    I know that GNK is going to hurt Balt for a loooong time

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  13. Jennifer

    Doesn’t it seem odd to you that all shippers except GNK and Balt are flat today?

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    • kapitalist

      Doesn’t it seem odd that I’m still up 10% in BALT. And that it bounced solidly off trendline at 5.20? Weird.

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  14. Jennifer

    I’ve been joking this whole time guys, I’m uber long. Just mixing things up a bit! XOXO

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  15. Jennifer

    Only fools use trend lines. All of them break at some point. The fact is you pumpers are wrong on shippers and definitely on Balt.

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    • The Fly

      Jennifer

      I did warn you about spewing nonsense here and that I’d be gracious up until that point. I will chastise you, rather severely, if you should continue with this disobedience.

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    • matt_bear

      ma’am, the men are talking. can you please go back to the kitchen and retrieve my scotch? thanks.

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      • the Pirate

        To borrow a phrase from the distinguished gentleman and cap’n of this ship: “there are plenty of aprons under the sink if you need them”

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  16. It Is Showtime

    I’m buying 1,000 shares of Syracuse going back to the final four. TOP25 RANK: 2 baby

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  17. Jennifer

    Chastise me all you won’t. Just don’t bet against me

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