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
23,409 Blog Posts

I’ve Got Black Gold Fever

I can’t get enough of this stuff. I stepped in and went all in sideways on oil, sopping up shares of ESV, PDS, PE and WFT.

Sure, you can hope and pray for my downfall — but it’ll never happen.

The Nasdaq looks tepid, but the oil sector is cock-strong.

We’re all oil men now.

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9 comments

  1. indie

    Good stuff. third inning just starting. plenty of room.

    some lovey techs still good to go. $AAOI about to break its 200dma.

    Great move by Chaka zulu Elon. pivoting $TLSA into the submarine business. Market love pivots. shorts beware.

    $TWTR beautiful dip for your degeneracy.

    Nothing can stop the FAAGNM.

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    • jbandy

      We are approaching the Summer seasonal lull in tech stocks. I have a feeling Exodus will agree with me. Keep buying FAANG while the rest of us make money on oil and other sectors.

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  2. Po Pimp

    WFT? Are you fucking nuts?

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  3. acehood

    PUMP

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  4. joe mama

    party like its 1999 csco,

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  5. jbandy

    WHD. Beast oil service/equipment play and recent IPO. Announced a share offering totalling 40% dilution, and the stock still barely sells off today (was positive at one point). Never seen that before.

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    • chuck bennett

      I believe it was a sale from existing holders.

      Non dilutive

      I did some of that deal. Both times.

      Regards

      Chuck Bennett

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  6. chuck bennett

    You can’t fuck with cactus

    Regards

    Chuck Bennett

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