I just sold out of XNET. I had purchased the stock about a week ago in the $13s and I decided to take the quick 20% gain. With cryptos running hard, now with a combined market cap of ~$650 billion, I do not fear an upending in the market. However, I did just buy a hammed burger crypto play and I also still own GSUM and a little NXTDW.
With the proceeds, I bought SN — because it’s a heavily shorted and hated oil stock. And, I think the Iranian situation is about to worsen, which should buoy the price of crude.
Arab demonstrators burn the Islamist regime in #Iran’s flag in #Ahwaz. #IranianProtests #Iranprotests pic.twitter.com/l7hLVKtzAJ
— PDKI (@PDKIenglish) January 1, 2018
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Iran is another color revolution that will fail. If not, rest assured, Qassem Soleimani will bring it to the doorsteps of that shitty little terrorist state of Israel; exactly where it belongs. Which way oil is going to go in meantime is unknowable, just a lucky guess, until actual war breaks out.