iBankCoin

Everyone Loses

Gentlemen, we’re back inside of the meat grinder, the sort of sordid market where everyone loses. Thank the heavens that I am not part of your occult clan, as I have skipped the meat grinder line, in favour of the beer and pretzel one. The majority of my top holdings are up, see, so I really don’t have much in common with you.

I believe CJES was acquired by NBR; but now the stock is down. I don’t even want to look at the news, for it makes my brain hurt.

What’s important to know is the melt up in chinese burrito lotto stocks is real. I believe that is TEDU approaching 14 dorrars now, is it not?

On Jupiter’s Stone, both LEJU and TSL are heading much higher. I’d also like RUBI to recover. However, we cannot get what we want, when we want it, how we want it, all the time. The truth of the market is, we are enduring a phase of consolidation. The only sector that appears to be immune to the trials and tribulations of the fribble-minded investor is gold, which is why I haven’t taken profits on CDE.

Top picks: LEJU, TSL, RUBI

 

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12 comments

  1. Trent

    And I for one, thank you sir Fly for your TEDU pick – for I followed you in around TEN DORRORS and hanging with this one. HAR HAR HAR!

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  2. Yinzer

    What makes you prefer Trina over Canadian Solar? Full disclosure, I have positions in both – heavier on the CSIQ side.

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  3. oldmantrader

    DRNA seems to be breaking out of a small consolidation pattern and volume picking up next target 21

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  4. Bruce Keller

    Merely a big initial drop to shake it up a tad before ending nicely in the green.

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  5. tatuu

    RUBI is painful but in a pretty well defined channel . Building a nice base though, my bets are on a pleasing resolution

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  6. THEY WILL KNOW ME BY THE TRAIL OF BLOOD
    THEY WILL KNOW ME BY THE TRAIL OF BLOOD

    SPWR > TSL

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  7. kc

    $GPRO FTW

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  8. Forgetalpha

    CJES is buying NBR’s fracking unit…which will be dilutive to EPS, accretive to cash flow, and make CJES the 5th largest frac fleet in the US

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  9. Willie Phisterbum
    Willie Phisterbum

    Chinese burrito lotto sotck, SYMX…again.
    Buy it under 1.60, sell it over 1.80, wash, rinse, repeat. flip my chips flip my chips flip my chips flip my chips

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    • Yinzer

      its all good until that shit goes to 0.40 in a heartbeat. i used to play that crap – make nice profits, then bang. then your mailbox fills up with securities class action lawsuit forms. check out FUQI. FUQI good, FUQI good, FUQI good, FUQI good, then everyone got FUQI’d up the corn pipe.

      wish you the best, just be careful, don’t be too greedy lest you get your face ripped off.

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