iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

OA BUY: $X

I bought US Steel at $22 as discussed.

Pray for my $CLF, which is getting deballed today.

More later,

OA

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56 comments

  1. stocksnblondes

    I admittedly have never been able to make money on oil or other commodity stocks. I could never figure them out for some reason–tricky sons of bitches to play.

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  2. cascadia

    Congratulate your newest $CRR bagholder.
    I’m stuck in the rubber room with big head and the other hooli dumb-dumbs.

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  3. riskonly

    I didn’t entirely get out of my whole CLF May 7 call position yesterday. Only took some profits off the table as you suggested. The remainder is down 70%. But I’m giving the CLF May 7 calls another shot at .15 and June 7 calls at .55. Let’s Go!!

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  4. cascadia

    A lot of energy/materials charts are breaking setups and existing lines of trend/support.

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  5. Rough Lcky 11

    BLUE keeps on trucking waiting on sell sig

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  6. bushwacker2

    Would you prefer leather or chain mail gloves to help with those falling knives?

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    • Option Addict

      Say what makes ya feel good, but I know you’re still cap’n of the little league team bro. One of the worst to call the market in here.

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      • bushwacker2

        Just having fun, bro. Lighten up, I’m not the one calling the market. Doing just fine with my portfolio up double digits ytd. And yeah I get it wrong half the time. So, despite being the worst, as you say, I’m making money, and that’s the bottom line.

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    • ThomasJefferson

      Do you wander about elsewhere on this site, or just come specifically to iBC to make asinine comments on this blog? I’m fascinated by this type of mentality.

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      • frog

        Bushwacker is just a bit different from most here. Most people prefer to bash people who have different political views than they have. Bush prefers to bash people with different market views.

        But why he would choose to bash our fearless leader, who is generously sharing his large amount of experience and knowledge of the markets, is the mystery. Maybe he has something against generosity and is trying to discourage it?

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      • frog

        Or I suppose he could be one of those people who tries to show affection through insults. That sometimes works okay with certain groups of people– but more in person than on the Internet. Because in person people see body language and facial expression, and they hear the person’s tone of voice. These are the most important parts of communication, which is more than 90% nonverbal.

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  7. One-Lot

    Praying for CLF – currently crushed on the May 7’s.

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  8. ThomasJefferson

    $FTK looking like a decent spot here to take risk. If this is going to turn into a wedge back to $9.50 or so, we should know relatively quickly if it doesn’t respond from this spot.

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  9. cascadia

    $SB looks good on multiple timeframes and has volume pockets above. Imp Vol is relatively low compared to what has been out there for the past yr+…

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  10. matt_bear

    i bought 2018 and 2019 leaps for $CLF today.

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  11. Rough Lcky 11

    wish i would’ve bought more X now

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  12. al

    Still feeling good about NM? This move feels like a leg sweep before we go higher. I already own some share but doubled down with some June $2.5 calls for $0.05

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    • al

      Oh and unreal call on the print of $22 and rebound on X.

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      • PartTimeLover

        Testify!!!!
        http://www.ctsnet.edu/wp-content/uploads/2016/09/lh-testify.gif

        (dupe – but there is not enough testifying round these parts)

        I did buy some X as well.
        (Spicey talking up steel just now- obvious they let someone know this would be addressed)

        Dad’s ABBV looking real good from 63 ish.- wtg Dad.
        other stuff
        FSLR still looking good into eps- amending date- looks like May 2
        (calls yesterday busy like 13-1)
        TRIP- room to 46
        EAT- fantasy ride to 50.
        Life is not great on the following money suckers
        CLF, PTR SLB, BA, AMGN

        off to yoga- not going to trade the big eps release tonight

        Hats off to dare I say it….. dare dare!!

        THE MAN OF STEEL

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    • Option Addict

      Leg sweep? Wrong pattern.

      Why would I not feel good about $NM? Why is feeling involved? Shouldn’t I feel good about a stock I bought?

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  13. tnapearson86

    /CL broke it’s uptrend and found buyers. Excited to see the response going into next week. You adding today?

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  14. J Adabese (your pen pal)
    J Adabese (your pen pal)

    Nice scoopage in X. Waiting patiently for a NM pop.

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  15. AFlow90

    Got into CLF today. Missed the bottom by 2%, but who the fuck cares when it explodes out of the hole like that?

    Bought some ATI this morning, and going to finally take a stab at NTNX….

    Anyone looking at BIDU for earnings?

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  16. Mensch

    OA is $URA broken if it doesn’t hold 200 DMA?

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    • Option Addict

      Not a 200day kinda guy.

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    • tonka

      IMHO low 13’s would be a gift from the gods. No industry has ever been down 7 straight years. Coal did 6 as of 2015 and promptly doubled. Coal also did 6 down years back in the 1930’s. That’s it. I’m not one to bet on going for a record.

      Long common from higher prices. Gonna get a LOT longer.

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      • Mensch

        Yes I’m long UUUU stock in semi-ridiculous size. They all had traded so regularly from Nov-Jan so I didn’t see the breakdown coming. Thanks for the input.

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        • tonka

          I should further qualify my position by saying I bought common so I could potentially hold this indefinitely. Much different time frame on this one than most of what’s discussed here.

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  17. Rough Lcky 11

    outta big Blue she was good to me but i got to go

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  18. husaria

    Stopped out on $CLF today in the AM. No regrets.

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  19. f

    Shorted TOL and XLY here

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    • AFlow90

      Was looking for a short this AM to cut some of my net exposure… took a few TOL puts earlier.

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  20. philsy13

    $NTNX 2600 May 19 15 calls today

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  21. philsy13

    I humbly bow to your $AIG call!

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  22. og

    Is Bluestar still short Amazon? Where is that guy these days?

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    • husaria

      Bluestar? He no longer listed on blog roll or peanut gallery. Still paying back after brexit call of top. Probably working on his second million fries…they give free paper hat .

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  23. awanka

    Where is Hartman? Get in here and celebrate FB hitting 150 with me.

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    • MSGT HARTMAN

      The FAG portfolio wins again but let’s not get too happy about 150 just yet, the FB shorts will be out in force before earnings on May 3rd. But the dip, if there is one, will be bought aggressively.

      And it’s obvious the market no longer needs oil to push higher, much higher.

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      • Option Addict

        Yeah, where’d you go? Blog turns to shit and you walk? lol

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        • MSGT HARTMAN

          The market went nowhere for a month. I re-positioned into mega cap, AAPL, GOOG, AMZN, FB, MSFT, and small cap FANG, DPZ, CDNS, HDS, ALGN

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          • masteroneass

            I am into bubble stocks too. Also threw some Bitcoin, CHIX and DB in there as a hedge.

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          • Tom

            Great positioning. Are you taking profit GOOG AMZN tomorrow? or long term hold? Thanks.

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    • matt_bear

      i thought he posted that he closed out his FB position?

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  24. heckler

    Has the Sarge been posting on flys blog but without an avatar?

    If not, you have an imposter.

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  25. Jean

    Thanks , I’ve just been looking for information about this subject for a while and yours is the greatest I’ve found out till now. However, what in regards to the conclusion? Are you positive in regards to the source?

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