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
23,460 Blog Posts

Fly Short: HK

I sold short 3,000 Petrohawk Energy Corporation [[HK]] @ $18.15.

Disclaimer: If you sell short Petrohawk Energy Corporation [[HK]] because of this post, the Titans will finish the year 16-0, much to your chagrin. And, you may lose money.

UPDATE: I sold my entire BE Aerospace, Inc. [[BEAV]] and American Vanguard Corp. [[AVD]] positions, taking losses in the process. Better small ones than big. And, i’ve been buying block of [[DUG]] and [[FXP]] with the proceeds.

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29 comments

  1. Karl MArx

    You have an FK on the cookie.

    Please replace with GS or FXB.

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  2. The Fly

    Someone will get fired for this!!!

    Vincenzo: THE COOKIE IS SUPPOSED TO SAY HK, NOT FK?

    WHAT THE FK IS GOING ON HERE?

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  3. Karl Marx

    Red.

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  4. joh

    AHHAHAA NICE ONE.

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  5. Better HK lottery ticket? March $5 puts or June $2.50 puts?

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  6. Make that March $5 puts or June $5 puts

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  7. DEVILDOG

    Anybody seen j and Bottom?

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  8. Gamma

    Fly,
    How big is your HK position now?

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  9. BuyOnTheDip.com

    hahaaha! LOL!

    …. cookie karma

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  10. dexion10

    FLY how can you short HK on valuation… nat gas stocks trade on reserves. HK’s potential reserves are high and costs of production production are some of the lowest in the USA.

    I think it’s overvalued just like most of the sector but I’d rather short OFFSHORE OIL SERVICES… like ESV… these guys are screwed nobody will be drilling for nat gas in the gulf of mexico come 2010

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  11. The Fly

    HK is a piece of shit.

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  12. Rookie Trader

    It took almost 2 years. I now have an IBC Indicator that works. I use about 5 blog indicators this makes 6.

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  13. Lucky Razorback

    How does the PPT rank HK?

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  14. DEVILDOG

    Hey, what happened to j and Bottom?

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  15. DEVILDOG

    Dang, I’m only UP $14K on FXP today so far. BTW, anybody seen j and Bottom or is that GENERATIONAL Bottom?

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  16. Juice

    why bother with HK? aren’t there easier battles out there?

    Obama/McCain dance off … if u haven’t seen it yet

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  17. DEVILDOG'S GAY UNCLE
    DEVILDOG'S GAY UNCLE

    Are you paper trading again boy. Go back to class you little fuck.

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  18. DEVILDOG

    Hey j where are you? I know you’re out looking for where M1, M2 and M3 went. BAHHHHHHHHHHHHHHHHHHHHHHH!!!

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  19. Jasdfgvf

    devildog, do you realize how fucking stupid you look only showing up when the market drops?

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  20. mrkcbill

    Stimulus is never good news. Auto industry is real fucking trouble… AIG is America’s new money pit.

    Harry and the Hendersons are tapped.
    Last 20 Qtrs America borrowed on HELOC about 150 Bil a qtr….3rd qtr of 2008 9 bil.

    I was in Phoenix this weekend and read they were auctioning off 500 homes in Scottsdale,
    $600,000 with starting bids of $210,000.

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  21. DEVILDOG

    Fly, nice to see you finally wised up on BEAV as it’s headed for $1.87. Too bad you lost $130K+.

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  22. DEVILDOG

    Jasd, I’ve been here on plenty of UP days posting my SHORTS. Haven’t seen you post shit so STFU.

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  23. DEVILDOG

    BTW, ALL my SHORTS are GREEN including SDP, AAPL and RTH. Still going sailing 11/28. BAHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!

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  24. DEVILDOG

    Hey all you stupid bulltards I’m posting every minute and the markets still going DOWN. How’s that contra indicator working for ya? BTW, new LOWS by 11/19 as I’ve stated many times. BAHHHHHHHHHHHHHHHHHHHHHHHHH!!!

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  25. The Fly

    I urinate on 130k.

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  26. DEVILDOG

    Whoops…looks like a broken right shoulder to me. BEAR pennants rule. BAHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!

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  27. Thunderpup

    Melissa Francis hosting a high end prostitution special? Interesting.

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  28. Thunderpup

    EDU setting up to die like the fat commie pig it is.

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  29. 4fl3x

    My FXI just turned red for the day. I guess nobody in the US understands that we follow them now…

    TER, VRGY, ITT 🙂

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