iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Jake Buys (More) TCK

obamacarei

For the Jacksonian Portfolio, I’ve purchased 300 more shares of Teck Cominco Limited (USA) [[TCK]] @ $27.51, using the available cash reserves.   Since the Jackson Portfolio is “paper” only, I wanted to assure you that I am also adding to my personal stash to the tune of 1k more shares at the same price.   I think this baby is a tiger that will not be tamed ovah heah. 

FWIW, everything is “on the table” today, and I am eyeing The Andersons, Inc. [[ANDE]] for a buy if it breaks out over $31.50 again.   All the silvers are incredibly strong, and I may add some Silver Wheaton Corp. (USA) [[SLW]] just for the heck of it.   I am “full up” in the personal port, unfortunately. 

Best to you, today.

Best.

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55 comments

  1. dubz

    You still loving EGO? Tempted to take some big profits.

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    • JakeGint

      EGO has officially BTFO to new highs. Sell some if you feel you must take profits to be conservative, but hold some as well, or you will be filled with meloncholy and regret. IMHO.

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  2. DMG

    I like the pic…where’d u get it?

    ABK 1.18 +0.27 (29.67%)

    Look… at …. that … little … monkey … run!

    I (foolishly) never sold on that run up to $2 back in may

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  3. JakeGint

    Added 2k ANV here at 8.98

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  4. JakeGint

    Bot 6k HBAN @ $4.57…. finally.

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    • Milan237

      Where were you since $4 bucks ….. FINALLY! …………………………………………………………………………………….

      ..wait a sec I just thought what you could tell me about TCK …. forgetaboutit 😉

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  5. Milan237

    Shiiiiit in my best Bunny (From Wire) impression … I missed the entry yesterday by a nickle and today when we broke 27 I lowered my buy stop to 26.5 which again I missed by less then 2 dimes ;-( I deserve to be tortured by this one … I am so adamant about not chasing stock yet I do it always in the heat of the rally yet on God given pullbacks I sit here foundling my cock. Fucking embarrassing I am a true Puerco Indio 😉

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  6. Goin'Fawr

    At the risk of admitting I have ever seen the ‘Daily Show’, and in reference to the above posted image: Remind me again Jake, who pays for/operates the US military’s medical care? And is it or is it not, absolutely top notch?
    ‘Rationing’, is yet another one of Jake’s misnomers. ‘Triage’ is much more descriptive, and actually applies to how every hospital operates, under every system, even Jake’s precious ‘keep it in the black’ style of health ‘care’. Except with the private system the most important question asked before medical exigency is considered is “who is going to pay for this?”. HEalth ‘Care’ indeed.

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    • JakeGint

      Any idiot wit h a rudimentary understanding of basic economics knows that more choices — more supply– within a competitive framework, affords more demand capacity. Limited supply means rationing, which spirals down to even lesser supply as capital dries up.

      Now if you are talking about the US military, you are talking about an elite self selecting extremely healthy group of individuals not even remotely correllated with the general population.

      But if you want to talk about how veteran’s health care works, from a gummintal pay point of view… I don’t think anyone’s first choice would be their local VA hospital.

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      • Cuervos Laugh

        There is also, the care provided for dependents of military units who typically are treated by the same hospitals as the soldiers.

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        • JakeGint

          @ CL — Right, but it’s still largely a self-selecting group, younger, more fit, etc.

          The rubber hits the road at the VA Hospitals. While VA’s have improved somewhat in the last couple of years, I don’t know anyone who would trade their private system for that kind of care — even for free.

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      • Goin'Fawr

        Any dolt with a few hundred bucks can take an Econ 101 course and treat it like religious dogma. Definitely a large part of the problem…

        “…extremely healthy group of…” blah blah blah. Yeah, healthy until they ingest agent orange, or are exposed to radioactive rounds, or get their arms blown off, etc etc. They are not ‘correllated’ with the general population? Try telling that to their family and friends, they will differ, I assure you. But if you want to talk about the disgrace of how the US armed forces are treated once they leave service (see VA hospitals) vs the high quality care they receive while serving, np, but that is hardly a point of which to be proud. And it is a situation that is propagated by Private Health.

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        • JakeGint

          As usual, your blather is filled with illogic, bluster and ad homenum.

          Not coincidentally, this is what the Dems in Congress — even with their solid majority and hold on the Presidency — have been reduced to in the face of logical argument.

          There’s just no defending socialism, it’s fucked up too many people for just too long.

          So Sorry.

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          • Goin'Fawr

            “As usual, your blather is filled with illogic, bluster and ad homenum”: Banana calling the raincoat yellow. And everyone knows it.
            My ‘ad homs’ are never part of my position, JakeGInt, they’re just facetious jibes directed at YOU. Sure, they often make a point that refutes most of yours, but that is just additional fun for me.

            “There’s just no defending socialism, it’s fucked up too many people for just too long” as if such a supposition has the ability to prove anything, except how autistic some of your arguments are.

            As for the “So Sorry” link: ‘So sorry’ JakeGInt, but I wouldn’t touch any internets addresses you post with any computer other than yours. At least not after that ‘Zinn’ link escapade you sent DPEEZY on. Too risky. Isn’t he still trying to close that webpage?

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            • JakeGint

              Again, you prove you have zero argument.

              At least I can make myself understood. Even your “jibes” are pointless and in disarray.

              Back to school with ye. Econ, maths, first, of course — then a good class in English composition.

              I promise, it’ll do wonders.

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              • Goin'Fawr

                I think there is an echo in here!

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                • JakeGint

                  There you go, now that was relatively intelligible.

                  Maybe if you continue to keep it short like that you’ll have a better chance at successfully communicating?

                  Best of luck.

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  7. Mr. Cain Thaler

    That is fine, Mr. Fawr, as the most common question asked with social medical programs is “just who was paying for this”?

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  8. Da_bears

    Guess a draw for day one: Best of luck tomorrow

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    • JakeGint

      You’re kidding right? Get out as soon as you can, Josh, Count Smokula is coming for a visit.

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      • Da_bears

        Don’t worry my exit is pretty close….. but it happens to be a tad higher and requires a close within certain time frames. I’m not calling for total devastation in gold at least not yet. I’m just calling for prices ~91 GLD

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  9. mrkcbill

    Jake, thanks for all the work on the blog. You da man

    Did you see the Chiefie’s picked up Amante Toooooooomer.
    Pioli is smart bringing in a lot of old fuckers with rings on they fingers.

    6.5 is the number of wins in Vegas…I’m thinking they might win 7 games.

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    • JakeGint

      Amani Toomer is good for at least two more seasons.

      It makes me sick that G.O.A.T. (greatest of all time) is not wearing Giant blue.

      But not as sick as the ridiculous $16mm a year the Giants paid Dipstick Manning today.

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  10. DPeezy

    Unrelated: Ford Tempo vs. 10,000 liters of water, courtesy of the German version of Mythbusters:
    http://www.youtube.com/watch?v=GN1P5YTUBvE

    Stick with it, the fun starts around 2min. Also, not in English.

    The best part, arguably, is that giant “bagger”, aka. excavator. I think I’d enjoy fucking shit up on a daily basis with that (although, it’s no Krupp Bagger 288).

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  11. Mushroomz

    adding some SLW

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  12. DMG

    ABK 1.50 +0.28 (22.95%)

    LOOK … at … that…little…monkey….run!

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  13. JakeGint

    ETQ — Equadorian gold and silver — popping a turtle head out of the consolidating triangle at 6.32 or so!

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    • Da_bears

      lack of liquidity would be a pretty big issue

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    • JakeGint

      LOL — that was quick. Turtle pulled his head back in, looks like he may head back down to the bottom of the triangle again (@ $5.96 or so).

      Keep an eye on it, though…

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      • Da_bears

        The volume is so light an order could possible put it above or below. And with gold going down it aint going no where. Regardless even if gold was going up you need to be cautious with a stock with that kind of liquidity. TCK is interesting. I like big movers of 1000%. I might look back at that at lows of market when I become an LT bull(provided this happens)

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        • JakeGint

          If you have any capital left you mean.

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          • Da_bears

            Notice how I said I got tight stops incase it goes against me. My trading strategy has been revised. I am only 100% one way on a confirmed trend. Hence, I am only 50% short

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            • Milan237

              STFU Moron … sure your strategy really stood the test of time ….. paper trading enables you never to blow out … annoying little fuck.

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              • Da_bears

                Lol I never said that the rally I tried shorting killed my account, But I also made a good chunk on the downside and gave it back.

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          • EN1GMA

            haha… da bears can’t get any love around here

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  14. JakeGint

    I hope Milan is taking advantage of TCK at a discount today.

    It’s always good to wait to see when I buy something and then get it cheap(er) the next day…

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    • Milan237

      Yup Jake will be buying a starter today @25.7 and if we fall more another buy around the 2nd support of 22.70ish if we get there. I might be stupid once but I am no JOsh ….SHiiiiiiit!

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    • Milan237

      well I am in starter @ $25.9 Shiiiiit! 🙂

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  15. JakeGint

    23.28 is the current “Line of Death” for UUP.

    If things go as I expect, it will fail there.

    BAA and NGD are up niceley today in the junior fold.

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    • Da_bears

      IF i recall my chart of UUP it broke through resistance of a channel it had fallen out of. Now it is back in and forming an ascending triangle I am quite bullish. But a descending channel is nothing to be too bullish until it breaks out.

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  16. Da_bears

    Dollar gold losing some correlation. Someone is moving money into gold in anticipation of armadegeon(incorrect spelling) hedge. That or someone is still buying gold on the dips.

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  17. JakeGint

    UUP sell off at EOD.

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  18. JakeGint

    Advice worth it’s weight in gold.

    Quotes alone are worth cherishing.

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