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
23,473 Blog Posts

WINSHIP AGAIN: My Year to Date Gains Are Greater Than Yours

Granted, my proclivity for danger and the wanton disregard for personal safety has led me to this windfall. But after a year of dicking around in bonds and other stupid shit, “The Fly” is trading again and he’s up to his old winning tricks.

In late December of 2016, I liquidated my account and placed every single red cent into $UEC, like a raving lunatic madman. In addition to that, I added to my account through cash deposits by 4x. Yesterday’s purchase of $KNDI was my final buy, since I’m fully invested.

My year to date gains, including the dilutive effect of increasing my account by 4x, is +11%. However, based upon the value I was trading all of last year, I’m up 50%.

This morning BofA/Merrill upgraded shares of $CCJ and the Financial Times penned a bullish article on yellowcake and how Trump might be good for the industry. I already knew this shit, which is why my basis for $UEC is $1.04 and the FT is just seeing it now.

Sub mental morons.

The uranium industry has undergone a garish pullback ever since Japan nearly destroyed their entire country, through Fukushima. Prices have collapsed by 75% and everyone is rather foreboding about the most advanced form of energy on the face of the earth. It’s like everyone decided to become are retrograde rusticate road slobs, preferring to produce energy through the coal hole over splitting atoms. Words cannot express how stupid this truly is.

You fucking strumphets will learn the hard way, one way or another.

UEC is a 20% weighting. Everything else is 8%. At some point, I intend to sell everything and bet it all on one stock — furtive ground for fun and idiocy — two of my favorite past times.

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13 comments

  1. hedge500

    Only a small man feels the need to shout how big he is in comparison to others. I tease, congrats. YTD 32.71% return, following exactly 100% for 2016 (took the rest of the year off in October once I hit 100)
    No options or Futures.

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  2. ericbakerbruce

    I have not yet disembarked from the ark. I await the great flood.

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  3. RaginCajun

    Hell of a way to start the year.

    Well done.

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  4. husaria

    I’m up 15.8%. Would have been up YUGE if I had held a long position for 3 days longer than I did. Oh well, I still rang the cash register.

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  5. bennyhill

    are you beating SPY since 1/1/16?

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  6. brvalentine

    Don’t Even Think About Fucking With Senor Tropicana. Motherfuckers.

    https://youtu.be/vGYoFUIJu88

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  7. blackgld

    I’m up 12% ytd and looking to buy more on any oversold signal.

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  8. derp

    What about URG, still recommending?

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  9. toxic noodle

    I missed you

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  10. goldrules

    tell is how you bought gold miners at the high and sold them at the bottom in December or how you lost your ass in 2016 …..oh wait you would rather talk about your penny stock ….I think we know why you don’t manage money, your clients fired you

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