iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Coming Back To Earth

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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The glow has begun to abate and I am back in the loving embrace of my immediate nuclear family again.

And away from that drunken sot of a brother of . Away from his fistful of aluminum bottles and his near-magical affinity for attracting state troopers at the exact wrong time.

It was great to check the Superbowl box off the bucket list, however, especially given the “down to the wire” exigency of the finale, though I think my stomach could cope better with a blowout (on either team’s part).  It was also excellent to do it with family, too… with a guy I’d been going to Giant games with since we were little kids.  I’m only disappointed that babies kept two brothers away and Vegas the third, because I think Dad would have liked all of us to be together in these seats I found.  Seats that were so eerily close to where we all used to sit in the old stadium… where Dad used to sit.

I had a hellacious day at work today because I’ve really got no time to be taking even weekends off, never mind the odd Superbowl Monday I used for travel and “recovery” yesterday.  But things are hopping right now, thanks to this current odd mixture of liquidity and nervousness.   A lot of shareholders are taking the money and running these days, deciding discretion is the better part of valor.

But Ben keeps the presses moist and full of fresh green paper, because after all this is an Election Year.  And a year when the Giants are Superbowl Champs.

It’s only February, but this really is shaping up to be a magical year already, no?

______________________

No position changes today.  I might even add tomorrow if the dollar continues to break down, however.  My March Madness pick is the previously mentioned AUX gold stock, btw.  I hope you will join The PPT to participate.

My best to you all, and thanks for your patience and indulgence.

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24 comments

  1. Blind Read Ant

    Thanks for $AUX heads up.

    I’m jealous about your seats, but in a good way.

    The savory taste of the win was outstanding, especially as everyone was pounding LaserTom the Golden God in unison.

    I was-a-fist-pumpin’. Esp. with Pierre, man he stepped up on “D.”

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    • Jakegint

      JayPeePee has been a revelation. Dude was so raw when he was drafted, and now he’s a long limbed Osi.

      BTW — I brain farted the pick. It’s actually AUY.

      I was thinking about AUX, but AUY looked a little “steadier” which is what you need in these tourney contest things.

      Let’s just hope it’s not a steady “down.”

      _________

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      • Blind Read Ant

        Best of luck, grazie for the further illumination as well.

        If I weren’t a cheerleader, and were an active part of the club, I’d probably pick $DE.

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  2. charlie

    You also won a decent amount of coin betting on the Giants, no? Congratulations on all fronts!

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    • Jakegint

      No, I never bet on my team. I did think Vegas making the Pats the favorite was curious… but not so much by game end.

      ________

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      • Blind Read Ant

        (Ouch) Reminds me of my NYY v. Rays 2011 Play Off$ [tho, when comes to shove, Mets ova ’em NYY)].

        A costly wager, that one was.

        Fortunately, my recent Bar”th”alona [sic] v. Madrid and Maria Sherapova Semi’s more than redeemed my fate.

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  3. TeahouseOnTheTracks

    So there are buyers on the other side for those wanting out? Isn’t that a sign that the economy is improving and confidence is up? Otherwise the pussy sellers would have no buyers to be had …. Cup have empty for you even while it’s running over … LOL!

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    • Jakegint

      There are more buyers than I have ever seen in my career.

      The private equity capital markets have filled in for the shitty public markets we’ve been dealing with lo these last ten years, thanks to Sarbox and Dodd-Frank and other dumbasseries of Congress.

      There are so many PE guys out there keeping a floor under the market that I can’t even keep track of them with numerous data bases at my disposal.

      __________

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  4. Yogi & Boo Boo

    Great post. Great game. Thanks.

    Agree with Tea about the “pussy sellers”. It seems we’re really on the mend — no downturn lasts forever regardless of government policy. Are the sellers more concerned about saving a few bucks in potential taxes rather than whatever future growth the next 4 or 8 years presents?

    BTW, very short bonds at this time. I think the markets will not allow Dr. B. to keep rates this low for too much longer. Growth will prevail regardless of what we try to do to fix or break the economy.

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    • Jakegint

      I was talking about this last night… It’s kind of a mind set.

      Back in the late 90’s and even through the tech crash, people who owned nice cash flowing businesses always thought optimistically, and it was sometimes difficult to get them to sell at a realistic price.

      Today, it’s the opposite. People have a good year and they think — “time to get out now, before it turns down again.”

      This is actually a very favorable environment for me. Ironically, Obama and his anti-market idiocy is handing me a good year.

      _____________

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  5. xxxhuggiebearxxx

    Still holding my aux…..instead of dounling down there I might just buy something related….

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    • xxxHuggieBearxxx

      actually, im holding AXU….i hope yours was a typo above and i didn’t buy some random shit stock haha.

      😉

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      • Jakegint

        Yes, it was a typo AND it was the wrong stock… I went with AUY after considering AXU, but just for volatility reasons.

        If you recall, I said to buy more AXU at $7.28 or so? Look at today’s low.

        ________

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        • xxxHuggieBearxxx

          yes i recalled but i pussed…going to spread it around a bit…good call though

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  6. illmighty

    Congrats to you and your Giants. May $PCX follow in their shadow and march to the redzone that is the 200day.

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  7. #6

    Was thinking of subwaying it out to the cemetery to lay a “Super Bowl XLVI Championship” hat on Dad’s grave along with a CL. Stupid, I know. But I’m sure some groundskeeper could use a hat and a beer.

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  8. Jakegint

    Humour:

    “Bradying” Sweeping the Nation…

    ___________

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    • DMG

      LOL – did you see the comments?
      Chris Chase seesm to have a loyal following.

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  9. Green

    Hi Jake, are you adding RGLD here ? Thanks.

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  10. AJBaker

    Could be a magical year for New Yawk sports teams. The Rangers are #1 in the eastern conference and #2 overall in the NHL. They could make a deep run for the Stanley cup. It would be a miracle if they won it this year but stranger things have happened, no?

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  11. Marquis

    Really good tips! I have been browsing for some thing like this for quite a while currently. Thanks!

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