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

Fly Buy: EMN, GMXR, FTK

I bought 10,000 Eastman Chemical Company [[EMN]] between $64.70-64.91, 10,000 GMX Resources Inc. [[GMXR]] @ $6.85 and 10,000 Flotek Industries, Inc. [[FTK]] @ $1.75.

Disclaimer: Robots control your future.

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20 comments

  1. Yogi & Boo Boo

    Indeud.

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  2. The Sax

    are you holding steady on GS or did you get out of that entirely?

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  3. Cascadian

    I dig the robots. Jean-Claude Trichet is a robot!

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  4. DMG

    V.King’ing it.

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  5. scum bucket bitchez
    scum bucket bitchez

    Flies love fried calamari. hehehehehehehehe!!

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  6. robert (rob_pvb)
    robert (rob_pvb)

    what do you think of your iPad?

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  7. YaBollox

    Ben Bernanke– robot.

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  8. The Fly

    tempted to buy everything. Need to refrain from acting to fast. Off for a walk.

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  9. Taylor

    Fly you’re a real chump… haven’t got burned enough in FTK yet, have you?

    No, 2nd degree is not good enough for The Fly– he demands 3rd degree burns… to the scrotum!

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    • The Fly

      taylor

      you are a 4th tier blogger. STFU

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      • Taylor

        The Fly,

        Man, you are one pathetic loser! (No offense.)

        I’m definitely more pathetic, though. This is a video illustrating what the market did to me on Monday (note: it was easily twice as gay looking as this video depicts): http://www.youtube.com/watch?v=mivlUWoWAIA

        Either way, sure is fun watching you get so riled up that you can’t stop yourself from stooping to my “4th tier blogger” level… I’m guessing this is an insult because 3rd tier is occupied by lamestream media pseudo-bloggers who only jumped on the bloggin’ bandwagon over the last few years in a desperate attempt to not lose more of their market share? Otherwise, I’m not sure how pointing out what tier my blogging is on is supposed to hurt my feelings.

        Hope you’ve got a lot of aloe vera and a willing skin donor to help you with your graft operation, looks like you’ll be needing it here soon enough

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      • Tampa Trader

        I think it will be tough for the markets to move down too much with all the liquidity being firehosed into the system. How many trillions are needed to trigger huge inflation? If we were near the tipping piont before, I have to think Europe puts it over the top. Debt being monetized away everywhere.

        I think we might be looking at a 1999 market this year with money printing being the new Y2k/dot com dynamic.

        Chinese bubble may pop, Euro zone in trouble, once again God smiles on the US and its equity market.

        I hope the fact that I am considering buying on margin for the first time in years is not a sign of the top.

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        • Mr. Cain Thaler
          Mr. Cain Thaler

          As ambassador to Margin-dom, I welcome you but advise caution. Being long other people’s money is fun as hell after 6 months of free falling, but not so much after 6 months of rallying.

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          • Tampa Trader

            great point. In a normal market, I would be entering the party when even most of the stragglers had been paired up, but if the world’s central bankers have unleashed the most powerful inflationary forces in a generation (which they have an incentive to do) then I could see some major upside still.

            I think part of the huge rally at the end of 1999 was driven by pumping cash into the system, maybe even more than the Y2k upgrade move. This worldwide liquidity pump dwarfs it. In less than a decade from now, we may look back and see that the world’s central bankers ended up moving the decimal point one space to the right.

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  10. YaBollox

    Nice on the FTK. The shorts will be getting plunger raped there.

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  11. Mr. Cain Thaler
    Mr. Cain Thaler

    VROOM!

    Guess who owns more MGM than when he started.

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  12. tradingnymph

    bought VXX @ 25 fwiw..new position

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