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
23,431 Blog Posts

I AM AN OIL MAN OF MAGNANIMOUS PROPORTIONS

My enemies are upset, following my gallant 31% gain in FMSA. They’ve mistaken my locking in of profits as something to be scowled upon, instead of rejoiced. I’ve taken said money and applied it where I though it’d be best served.

At first, I strongly considered buying JCP. It’s a long story–but I think the stock has bottomed.

I then explored some tech plays, but the reminder of YELP soured that idea quickly.

Then I looked at crude, then the House of Saud, the crude again, and realized there was only one place to put the proceeds.

I love FANG. I like BBG. But I am CLR. We are one and the same.

If, by chance, you happened to come upon my person and called out “YO, CLR”, I’d turn around as if you had called my name. If I get the chance to create another son, I will name him Charles Lawrence Robert, or better yet ROBERTO, after my favorite robot from Futurama.

Before today’s purchase of CLR, I was down 13% in the position. Following this double down, I will be down much less than that. However, the stakes are twice as large. I have some ground to make up, so it’s either go big or go home.

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21 comments

  1. matt_bear

    perhaps a trip to home depot to purchase multiple spray bottles of CLR to stock up in your garage is in order?

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  2. the profit

    Alright — it looked like this entire selloff fiasco was a sham — a sham of epic proportions (designed to reward those who hold on with hands and balls).

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  3. og

    I guess you are supposed to hold AAPL forever.

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  4. djmarcus

    Ciao,
    Roberto

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  5. schizo168

    yeah… snake oil that is

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  6. zheeeem

    You can call me EOG. Or WLL. Or even KMI, KMP, KMR, EPB, ETP, CQP. RGP, FGP and (tragically) RIG. I am oil and gas! My wife says, mainly gas.

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  7. fryguy15

    I will name my son Harrison Wyatt so I can introduce him to others as “This is my son, H.W.” I too am an oil man.

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  8. pirate

    How great an actor is DD Lewis? He was amazing in this one…

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  9. hohmanf

    VNOM is fangs royalty trust. they had great numbers last week. its my top pick

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  10. alty

    But, but… I thought it was showtime!

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  11. J Livermore

    What of the $BABA !!!!!!!!!!!!!

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  12. frog

    Well, the UVXY holders have gone silent for a while. We all get our heads handed to us by the market sometimes. When you lose, don’t lose the lesson.

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  13. bruce keller

    Dun Dun Dun

    http://nypost.com/2014/10/23/nyc-may-have-its-first-ebola-case/

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    • the profit

      I’m in NYC — but I’m not scared. I don’t see a 28-days scenario in the US — but I guess I do see potentially seized up travel and racial discrimination.

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      • alty

        bruce is grabbing at straws to justify being on the wrong end of things…again

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        • bruce keller

          I’m not on the wrong end of things unless AMZN beats earnings and crushes my puts. I didn’t buy a bunch of vehicles betting against the market.

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      • pirate

        Discriminating against spreading illness has no racial component. This isn’t about being politically correct; it’s about protecting the USA from a horrific illness.

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  14. newbalance

    im a TNA kinda guy..

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  15. lplongo

    OK, CLR Nov 60 call to follow. Also a couple cheap UCO calls.

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