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
23,419 Blog Posts

Sold Two For Asshole Sized Losses

I have no fucking idea why I thought these two piece of shit dogs were going to trade up. Maybe I got caught up in the moment and it passed and I held to long (obviously). I just sold out of SLCA and CNX for big percentage sized losses. I am going to state a singular silver lining, which also happens to be the biggest crock of shit: they were both small positions.

So fucking what? Small positions that nibbled away at my essence each and every day. CNX reported earnings this morning and they’re fucked. SLCA is down in sympathy of EMES and HCLP, with one of the two getting slapped with ZERO dollar price targets. The frac sand market is dead. I knew that, but held on for a “trade.”

Do you know what happens when you buy a stock, that you know is a piece of shit, but want to squeeze a fucking trade out of it?

THIS HAPPENS
Losers

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2 comments

  1. juice

    no worries, unlike the rest of us, le Fly wins even when it appears he loses

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  2. the dude

    Been there. I’ve finally had the commodities fever beaten out of me. Except avocados $CVGW which the Chinese don’t consume. The food of the Americas.

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