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
23,445 Blog Posts

BUY SHIT

Aside from your blue chip portfolio of Cummins Inc. [[CMI]] , Green Mountain Coffee Roasters Inc. [[GMCR]] and Ctrip.com International, Ltd. (ADR) [[CTRP]] , consider buying utter bullshit, in an effort to strike gold.

With my money, I like homebuilders and companies that benefit from the perception of a homebuilder recovery, such as Masco Corporation [[MAS]] , Lennar Corporation [[LEN]] and Lumber Liquidators, Inc. [[LL]] . Also, I like education stocks, some of 2009’s biggest losers. Names like Corinthian Colleges, Inc. [[COCO]] , Apollo Group, Inc. [[APOL]] , Career Education Corp. [[CECO]] and [[LOPE]] intrigue me to the point where I am buying and doing so in size.

Within commodities, there are so many names worth shooting at. Please see The PPT for easy navigation of said names.

All in all, the first week of January is going extraordinarily well. Look for the gains to continue into early next week before a pullback ensues.

[youtube:http://www.youtube.com/watch?v=NFwKpqXnLcI 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

49 comments

  1. BRK

    fig

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  2. TheArtist

    I remember you in PCX at around 6.00ish, that fucker is printing 19.00 now….

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  3. TheArtist

    BTW this global warming is really starting to suck goat balls over here…..it is just plain crunchy cold.

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    • omfgitsjd

      We are going to enter a solar activity increase over the coming years so expect to see temperatures rise somewhat. The sun’s output rises and falls like a sine wave with a maxima every ten or eleven years. It’s an throbbing fusion reactor you know. It has some interesting harmonics. You can continue to bank on the ice age coming every 100,000 years too.

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      • omfgitsjd

        Although, with the regular atmospheric dumping of chemtrail cloud cover by commercial aircraft, the temperatures can be kept excessively low by a dimming of our atmosphere. I’m not altogether pleased by this human behavior. The environmental consequences will be horrendous.

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        • CommonGardenSlug
          CommonGardenSlug

          Do you mean contrails from exhaust condensation? Apparently it accounts for an almost 1% decrease in solar energy reaching the surface in some parts of the world.

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  4. Swinging for the Fences
    Swinging for the Fences

    PPT Testimonial – I was an iBankCoin lurker for about a year. I joined the PPT last month. Using the tools and the expert’s advice that live inside the PPT, I was able to bank almost 8% of my entire portfolio in December while the Dow was up only 80 points in the same period. In the first three trading days of 2010, I am up almost 5% of my entire portfolio with about 50% still in cash. These returns pale in comparison to some of the bloggers here but to me, it’s just the beginning of making a goal of 100% in one year. If I was “all in” like The Fly, it would be even more. If you are not in the PPT, you are missing a lot of great information. Do it now. You won’t regret it.
    Thanks to all of you who post here at the iBC and in the PPT. You are teaching me so much about trading.

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    • beas

      Thnx.

      Glad to help

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    • ,masterpain

      OK FLY ! Billy Mays is dead !

      Shameless self promotion.

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    • Po Pimp

      I second your promotion of teh PPT. December alone I was up 18% and so far this year I’m up 6%. Currently 35% cash so that may be why I got the extra 1% on you the last 3 days.

      Probably doesn’t hurt that I am ass-loaded in energy stocks. I keep waiting for the first sign of weakness to take some off the table but they only go up. What a great problem to have.

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  5. TraderCaddy

    For you old timers here I was wondering if you think JJ2000426 is back to even yet on his PAL,SWC investments.
    Anyway, I found his blog (I think). Don’t crash his server all at once.

    http://stockology.blogspot.com/

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  6. JakeGint

    Kings of Leon, eh?

    I used to know a Leon from Queens… I wonder if–

    (Ring! Ring!)

    Hold on, it’s the phone….

    (Ring! Ring!)

    Hello? Oh, yeah, hold one a second….

    (hand over receiver)

    Boomer? It’s for you!

    Who is it?? I dunno, hold on a minute….

    (back to phone)

    He wants to know who it is…. Oh. Sure. Okay, I’ll tell him.

    (hand back over receiver, shouting)

    Boomer! He says it’s Peter Gabriel, and he wants his lead vocalizations back!

    {SCENE}

    _______________

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  7. No One

    Buy OJ.

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  8. mrkcbill

    Nice run Fly……Your winning even when it appears your winning you still just go ahead and win. Your GMCR call …..Very Le Fly.

    SQM coiled

    If Nat Gas can’t run now it will never run.
    Did you check out T.Boones little CLNE play today. Smokin

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  9. The Zombie

    The Fly is God.

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  10. Stockhat

    I am long, but none of your picks, banking mad coin for months:

    AIR,ASIA,BIOF,CAGC,CEU,CML,ENI,GES,HMIN,HRBN,IMAX,IVAN,JCG,LFT,NTRI,NVMI,TKTM,TSL,TWTC,UQM,VIT

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  11. Gonzo Trader

    This must be the top you all are getting too gitty .

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    • JakeGint

      Would that mean we are trying to uncover a large murder-water takeover conspiracy in 1940’s-era Los Angeles?

      ______________

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      • Braveflaps

        You’re a very nosy fellow there, Kitty Cat.
        You know what happens to nosy fellows? Huh?
        You wanna guess? Huh? No? Ok.

        {SNICK}

        They lose their noses.

        Cut it of and…feed it to my goldfish.

        Forget it, Jake.

        It’s Chinatown…

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      • GonzoTrader

        Jake,

        Sort of like that…. not “THE TOP”…. just a good area for a rug jerk.

        I do not argue with people that own time traveling equipment…so take it as an observation, that headline is a bit gitty.

        Is it snowing there yet? I am just up the road in the Queen City watching as the White Death approches.

        Hunker down brother….. milk, bread and ammo are running short. we could get whopping 5”.

        Not one flake and schools are closing up faster than GM plants….the country has gone soft.

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        • JakeGint

          You are in Cincicrappi? The Bearcatz look good this year in hoops too.

          I didn’t see a cloud in the sky this afternoon, but of course the kids are hoping for a snow day… I’d be surprised if we got more than 3″… we almost never do this late.

          Our usualy “big one” is early December, or not at all… we’ll see I guess.

          __________

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  12. omfgitsjd

    I’ll recommend this movie. Avatar.
    http://www.cbsnews.com/video/watch/?id=5737218n

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  13. No One

    What’s the ticker symbol for SHIT?

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  14. No One

    Fly, any interest symbol:FLY?
    Looks pretty good

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  15. heaterman

    Speaking of buying shit…………I’ve been reading, thinking. lurking here and there, thinking, reading and lurking some more………and I’m thinking………what stock(s) would I buy if erl was to peg 140-160 / bbl again…….cause I think it’s headed that way in a big way in a future near you.

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  16. No One

    Shit is the fuel of the future.
    Energy problem solved.

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  17. Mr. President

    What’s with this Floyd Mayweather vs. Rick Ross business?

    Mayweather would knock his big ass out COLD.

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  18. ckaltner

    GMCR. My office has had a K-cup machine for almost year and I loved it. Great coffee and convenience. Today I came in and it has been replaced by a BUNN machine. Same concept but no k-cups…

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  19. goldmund

    I think we pullback – tomorrow.

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  20. Alvari40

    Why the flug would anyone use put options to protect longs instead of flat out stops? Fruggin stock needs to appreciate 10% before any money is made. Stock tanks, you still are out the cost of the puts. Just take that cost and put it in as a stop below entry. Stock moves up $1 – you make that $1 and keep chuggin. Please – tell me why? Fucking stupid in laws – wanna kill em all! Ahhhhh…..I feel better – thanks.

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  21. tgarfield

    I have some shit for you.

    HAT on the canadian venture.

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  22. dave

    Things are getting better.

    New home construction is coming back in a big way this year via TOL.
    Ford is going to have a great year compared to last.
    Health Insurers have Congress in their back pocket, so no problems there.
    Airlines may go down. Buy them near their lows. They are assured bailout money.

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  23. JakeGint

    Some of my favourite (sic) metal tees are ready for your inspection.

    ___________________

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  24. YaBollox

    Home builders? That’s so 5 years ago. How about Countrywide, or Washington Mutual?

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  25. TraderCaddy

    FYI
    LEN beats big on EPS and Rev.
    Stock up 5% now in pre-market.

    Tax credits, tax benefits, etc. but still pretty good.

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  26. Jimmie

    SHLD vice gripping shorts testicles.

    FLY wins again.

    Congrats

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  27. Jimmie

    SHLD vice gripping short sellers testicles.

    Congrats FLY you win again

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