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
23,416 Blog Posts

BACK ON THE BOAT

Captain Fly is back on his pirate ship, The SS BALT, out for extreme bounty.

I initiated a half sized position ahead of a potential dilutive financing, which may or may not be coming soon. Either way, the BDI, spearheaded by Capesize day rates, have been soaring as of late. The shippers are my favorite plays heading into November and December.

To finance this purchase, I liquidated my third largest position, CLR, for a 6% loss.

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11 comments

  1. pirate

    ARRRRRRRRRRRRRRRR!!!

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  2. pirate

    -and first I be too! Double Arrrr!

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  3. mtpennybags

    What happened to BDI is still in the gutter, don’t chase?

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  4. goose20

    Buying here will be disaster.

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  5. Dr. Fly

    I DEMAND TO KNOW THE WHEREABOUTS OF A CERTAIN SETHSTER FROM UVXY LAND?

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  6. mackypinky

    fuck.. Im straight off the boat.

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