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
23,443 Blog Posts

Fly Buy: WNR

I bought 35,000 WNR, between $11.60-11.70.

Disclaimer: If you buy WNR because of this post, you will be “chemically castrated.” And, you may lose money.

If you enjoy the content at iBankCoin, please follow us on Twitter

36 comments

  1. oil+gas operations!?
    must be a sick joke.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. gappingandyapping

    Prepare for your destruction via the Messiah.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. hmmmm

    I never really wanted kids…. guess I should buy some WNR

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Phil_from_Brazil

    Fly, I love you man. I really do. But this purchase makes so sense at all. GLW yesterday made sense. I didnt buy it, but, granted, it made sense. WNR? Here. After this kind of run and the 3-day pop it just had? Looks more like a nice short entry than a long.

    But hey, I wish you luck man.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Juice

    Phil – da Flea works in mysterious ways .. that said, you read my mind meld.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Itchy & Scratchy

    WNR – I think it’s a hedge to DUG/ERY

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Controller

    Fly, are you only posting your REAL trades on the PPT and just jerking around the rest of us? I don’t want to be your enemy but I still haven’t talked my husband in to forking out the cash to join. Have some mercy on me!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. AlphaLoboTrading

    WNR looks good with a 14.00 target

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Blow Up

    Capitulation Nation. Most my neighbours got together and sold out their 401K’s this week. They said that I should sell mine because of the smart people on CNBC. They don’t know I am a trader. I gave up talking to people about trading stocks. It takes an average of 4 years to learn how not to go broke trading so why talk to stupid lazy people. If you give them a good trade they don’t know what to do with it anyway. That is what I tell the people in my family. The average person is such a lazy fuck that knows everything.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Just Thinkin

    Donny Deutche-bag is really a very unlikeable character.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Kiwin

    For those making some dough, the O is looking to kick your ass via taxes.

    “Reinstate the 35 percent and 39.6 percent rate for those taxpayers earning over $250,000(married) and $200,000(single)”

    On top of that your capital gains go to 20%. Enjoy.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. TheArtist

    God Damnit…..Michele fucking Cabrera and Dennis Kneale are the dumbest motherfuckers on fucking TV…..

    Fly please remove these 2 fucking irritating asshats from TV at once, by whatever means you feel necessary.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. jg

    yahoo briefcase is closing. rofl.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. cybtropic

    You can’t expect to invade two countries and not pay for it. Sorry. Should have thought of that before putting everything on the credit card. Now it is time to pay up.

    Funny how there are actually people who support going to war, yet would never ever enlist to actually fight it. And worst of all, they support the war, yet would never ever want to actually pay for it.

    Bill has come due.

    Anyone who watched CNBC past 30 mins woulda gotten a good laugh. Morons trying to make the point that people will not want to make more money because that would mean more taxes. I thought I was watching trained monkeys on CNBC.

    I WISH I owed $10 million in taxes to the IRS. Because that would mean I made around $20 million.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. cybtropic

    I believe the term is Chicken hawk

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. E8

    WNR …. it’s all about the Crack-Spread and LIFO/FIFO accounting

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. SteveTheNeighbor

    Fly- My kid wants to know what the minimum GPA and SAT scores are required to attend iBankCoin University.
    He also wants to know if the dorms are coed.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. gappingandyapping

    If DIA can break 74 with a little conviction we could be off to the races for this leg. Maybe a late day snapper to setup for a snooze fest goose step Friday?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. gappingandyapping

    $61 billion – repeal LIFO
    $5.3 billion – excise tax on Gulf of Mexico oil and gas
    $3.4 billion – repeal expensing of tangible drilling costs
    $49 million – repeal passive loss exception for working interests in oil and natural gas properties
    $13 billion – repeal manufacturing tax deduction for oil and natural gas companies
    $1 billion – increase to 7 years geological and geophysical amortization period for independent producers

    Its all over for big oil and all of the producers.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. anon

    The interesting thing is that like a lot of truly stupid people, the morons on CNBC actually believe thay are more intelligent that most. Hence the humorous spectacle they provide.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. New Poster

    Problem is BO panders to peole that will guarantee his election in 2012.

    Short MDP with impunity.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. The Fly

    WNR is a play on widening crack spreads.

    Where’s Jake to explain it?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Fly,

    did not you say “Stay out of refiners, bad crack-spreads, blah blah” literally just a couple of days ago?

    PPT machine needs service already?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. to Anonymous

    you do not understand fully how PPT works. It generates buy/sell recommendations that must be qualified by the fly. otherwise they are nonsense.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. I hope JakeGint didn’t talk you into thinking WNR is painting a Bullish flag.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. Henry Fool

    Zacks bulish on ODSY
    Odyssey Healthcare, the hospice provider, saw revenue leap 63.7% in the fourth quarter after acquiring the VistaCare business in March 2008. The company has surprised on estimates 2 out of the last 4 quarters by an average of 31.49%. Analysts expect 5-year earnings growth of 12%.

    I want this hitting new high of day over 11.32 to care anymore. I will reduce size barring a close over 11 and change

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. the prof

    any you young un’s think this rally’s going to last, contact me, I got a bridge I could sell ya somewhere in…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Mushroomz

    Fly,

    Check out ETE

    I did a highly sophisticated PPT screen and the PPT said “ETE is the tits”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. Itchy & Scratchy

    Gaming crack spreads will have you wearing green fluorescent leotards in short order.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Bow Up

    Wow FLY you bought WNR on a perfect Tec set up! Great entry
    El FLY. Trend analysis is 15.53 for next 30days. I might buy some myself.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. TraderCaddy

    The last time I saw “widening crack spreads” was last month when an overweight plumber was bending over at my house fixing a leak.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. to TraderCAddy

    did not you know you suppose to turn away and do not watch it?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. TrderCaddy

    Yeah, I know but the guy was on the clock and I didn’t want him to slack off and steal my food so I tagged along.
    Plus most of these plumbers get compensated in part on commission and I didn’t want to get screwed (bad choice of words).

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. Wall Street

    Things I hate:

    1) Higher Taxes
    2) Government Interference in Markets
    3) Protectionism, Tariffs and Subsidies
    4) Increased Regulation
    5) Higher Inflation Expectations Leading to Higher Interest Rates

    Conclusion:
    Obama stands for all. I hate him as much as he hates me. Prepare to have your bullhsit 401-Ks taken down at least another 20%-30% from here.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  35. moneybot

    i think it looks alright..

    i also think your cronies are stupid.

    btw im so great it doesnt even matter how i type.

    • 0
    • 0
    • 0 Deem this to be "Fake News"