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

Unforgiveable

I sold the best house in a bad neighborhood. The neighborhood got gentrified. Hipsters moved in. And now I want to place myself in a carnivale cannon and shoot myself into a red bricked wall.

Look at SLC, up 25%.

I’ve held this bastard for more than a year, rode it from $40 to $70, back down to drill bits. I averaged down in large quantities down here and capitulated ahead of their earnings report.

Why did I do that?

I drew a line in the sand and decided that I no longer wanted the pain that it was  doling out to me on a daily basis.  You have no idea how frustrated I am today.

I am pleased that the market is up 100 and that all of you are making money, children sucking on jollied ranchers, laughing at my plight. I will move on, like a locust, and destroy the next bear that I find. I will eat him whole (no homo) and enact the vengeance of 10,000 SLCA trades onto his entire bloodline.

Fuckitty fuck fuck fuck.

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10 comments

  1. halfbloodpope

    I feel for you. I look at $PATK every day.

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    • traderconfessions

      Bummer dude. Shit like that happens. Figure for every BIDU going up 10 bucks in a day there has to be a little SLCA. Market gods demand it. You’ll feel better when it goes down $3 tomorrow.

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  2. trashman

    Coooooooossssstttttttaaaaaaannnnnzzzzzzzzzaaaaaaaaa

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  3. vandamme

    I mean, or just stfu and buy back slca today and ride it back to the 200d moving money (no Keith)

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  4. lplongo

    Fly, went long some SLCA to tuck away in my retirement account a couple of weeks back when you posted it was a favorite (think on RC’s blog). Thanks! Also long VALE and PBR since OA said we’d be telling our kids it was <$5 at oen time. Also went long some X around the same time. So far so good. In the long run, materials should pan out fine.

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  5. zuul4

    Bought puts on QQQ just now and if this nonsense keeps up I may buy more. I have a mind to sell oil here too.

    Shit like that happens to everyone Fly. Having a bad memory helps a lot. I ahve

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  6. teslawasright

    Sorry Fly – Maybe need a Strangle play

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  7. zheeeem

    I hate fracking almost as much as I hate coal. Between the two, they’ve cost me >10% of my winship the last 12 months. I kick sand in the face of the evil frackers.

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