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
23,433 Blog Posts

Fly Buys: WNR, FCX

I bought 25,000 Western Refining, Inc. [[WNR]] @ $10.15 and 2,000 Freeport-McMoRan Copper & Gold Inc. [[FCX]] @ $65.75.

Disclaimer: If you buy the above stocks because of this post, your pension fund will be switched to the direct management of Bill Miller. And, you may lose money.

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8 comments

  1. P

    Are you seeing the end of the sell off?

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  2. kd

    Fly,
    Are you still with the same idea of buying mvis in sept and oct time range or has it been pushed back?

    Also, Who do you think is next after LEH. MER or GS?
    thanks.

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  3. Terrance

    Sorry but wtf is up w/ this market. the dow was down like 150 points, now it looks as though it is going to go into the green.

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  4. CubsRock

    Check the calendar Terrance. Add to that all gaps have been get filled in this market.

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  5. Adam

    Wondering what a proper hedge would be for refiners?

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  6. j

    Wondering what a proper hedge would be for refiners?

    A short position in refiners?

    Dude you wanna have the risk or otherwise it ain’t worth the bet. If you wanna hedge sell the futures.

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  7. JakeGint

    The next LEH is LM… he already said that.

    But JEF is probably not a bad pick, either.

    __

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  8. Chuck

    http://www.galveston.com/webcams/

    galveston island cams.

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