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
23,474 Blog Posts

It’s 9:30am: Do You Know What Time it is?

It’s time to eat 2 1/2 inch thick rib eyes, heavily salted, lightly peppered. It’s time to drink some single malt scotch, neat. For the love of God and small nuclear devices, it’s time to bank coin.

News doesn’t matter, especially when peace activists are deploying AC-130 gunships to kill and maim for humanitarian purposes. The world as you knew it, as a kid, is over. Welcome to the new world, one where FOXCONN murders people to manufacture the cheapest iPAD device, so that AAPL‘s share price can soar even higher. Welcome to the world of high oil prices, higher gasoline prices and ridiculous as the mustache on your girlfriends face corn prices, dominating the investment memes of billionaire cocaine addicts.

Essentially, the little guy is fucked. So, it is your jobby, as a tax evading citizen of this 3rd rate nation, sans military machine, to avoid being “the little guy.” Take whatever resources that you have available to you and multiply it many times over, investing in the stock market. It’s so easy, even a fireman could do it.

With my money, I love the oil story. For the month of April, historically, oil and gas stocks do very well.

Let me keep it simple for you. I am long OXY, WFT, WNR and VLO in great size. To go with that, I am long DAL, LCC, MWW, FORM, X etc. There are many stocks on my watchlist, like food safety play NEOG (think Japan) or oil sands equipment play WG. However, for now, considering the run we’ve had, I am sticking with my holdings and will be taking profits whenever my pet alligator snaps at my shoes.

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28 comments

  1. xxxHuggieBearxxx
    xxxHuggieBearxxx

    no, what time is it?

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  2. Raule

    O man, what time is it!?

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  3. ummwtf

    I thought you preferred lightly salted, heavily peppered?

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  4. wilmer

    Flava Flave!!

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    • Trading Nymph

      lol, You beat me to that line…………I am still bearish, China Slowing so don’t need Minerals from Chilie and Australia like they did before when money was easy. But I dine on Carrots and Blueberries….and I suck at all of this.

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      • Bullish

        Just let us know when you turn bullish… I’m using you as my key indicator – screw the charts.

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      • ruggyup

        And I am curious why there is no mention of the USD/NOK connection. Would seem to me a good play would be Norwegian oil companies and related issues. But, WTF do I know sitting here in anticipation of rare but charred on the outside with grilled shitakes and garlic butter. Charlie Krug’s shop will send over some primo red juice.

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        • Trading Nymph

          Ruggyup…The NOK has been thrown in with the other “Commodity Plays”, ala AUD, NZD, CAD. With AUD at historical highs and the RBA meeting tonight, not giddy happy about their exporters
          ( that are not miners) getting hurt by its strength it is a chancey move imho to go long NOK today. For the Tankers, 22% increase of Tankers being used as storage for March at Sea…so a lot of speculators are darn hoping for the Summer Drive Season to bring in some profits. I have to ponder this a little more….thank you, I always love something new to think about.

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  5. Dr Genius

    It is money time.

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  6. duck

    My WNR is on fire

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  7. drummerboy

    pwav, over 18.5% gain in 9 trading sessions…………………..thanks PPT

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  8. go2mars

    PFC Petrofrontier Corp. In at 3.70, and planning to hold until above $5.50, then sell half as hype grows this thing.

    DEI Donnybrook is taking a breather. Nice entry point today (for people who can hold it for a little while).

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    • drummerboy

      have you looked at hero,G2, just the seasonality makes my mouth water. that mofo is dead in my crosshairs.

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      • go2mars

        Hercules? No I haven’t. I generally stick to companies whose focus is onshore. What do you like about it beyond its seasonality?

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  9. JohnN

    I sold out of my WNR today for a very nice profit.
    Thanks to the Fly for the pick.

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  10. razorsedge

    wnr im lookin at 2007 earnings, why isnt this stock @ 40+ am i missing something?

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  11. pm bull

    And no comment on EXK going en fuego????

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  12. JakeGint

    Shhhh!

    Shhh!
    Shhhh!

    Shhhhsh!

    _______

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  13. David Capps

    Anyone read these charts… any suggestions???? Hope this doesn’t come across wrong?

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