iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Some Early Tricks and Treats

yrec 

“Buy! Buy! Buy!  Booooo-yaaahh!”

I’m going to give you a night off from the precious metal plays, since you shouldn’t be squeezing your head like an overipened melon about those picks every day anyway.  Relax and have a clove cigarette or something.

Stop obsessing about [[EXK]] and come look at what I have over here, damnit.    And Capricorn One, you petty thieving third tier somnabatch… don’t think I don’t see you over there in the corner taking notes.   You’d better at least change the title of the post on this one … goat faced fugger.

First up, a stock I got “amped to” by none other than Johnny C. Lee, back in the bad old days of early summer, when it was in the sixes and he was “renting” it for the day.   I liked his  [[CAR]] so much I just kept it, and it’s been blowing Benjamins at my feet ever since.  

I think you can see from this daily chart, why I think that after today’s action, it’s getting ready to start running those printing press again like The PPT during earnings season:

cardaily

 

“Treat #2”  (or is this one a trick?  I can never remember) is an old favourite (sic) of mine from down Bluegrass Horse Studdin’ Way — Lexington, Kentucky.   Rather than pay rednecks to stand around and watch horse-on-horse action, however, this enterprise NGAS Resources, Inc. [[NGAS]] pays Bill Daugherty and company to punch gas holes instead.

You may recall this company’s egregious summer financing, which had many a PPT and piker player crying in his suds.    Well, recent volume buys have signaled — along with today’s nice 7%+ move — that it’s getting close to “go time” for this puppy as well.   Feel free to eyeball my latest graphics efforts on aforesaid Two Buck Chuck —    $2.50 is where I’m buying, maybe as soon as tomorrow:

ngasdaily

Go forth, be fruitful, and multiply thy Benjamins.    I may throw one more treat out intraday tomorrow…. or maybe just to The PPT… we’ll see.   Beazer Homes USA, Inc. [[BZH]] looks ready to get going as well.

My best to you, even to the pikers.

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32 comments

  1. The Fly

    liking the ngas. But we need drilling for natty to come back before the likes of ngas and ftk rebound.

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  2. JakeGint

    We’ll see. I see a bounce over the 200 day MA, maybe for good this time. This one’s known to run, and quick.

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  3. Cash-N-Guns

    very cold winter projected, worst in a decade..could put a laaarge bid in nat gas soon..(Jake) Clinton was not as dogmatic or corrupt with very little real leadership experience as is our gay goat muslim jackass…with all due respect to the office of course…Love EXK as it comes in…

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    • JakeGint

      True, Clinton did have a couple of terms of governership under his belt by the time he entered, but I’m not going to argue the relative corruption levels between Arkansas and Chicago-area Dems… they’re both pretty pock-marked.

      If I were going to weigh them on the dogmatic-corruption scale, I would say that Clinton was more corrupt than dogmatic, and Barry more the other way ’round (although that may be worse, as it seems his dogmatism blinds him to the corruption around him).

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      Watching EXK today… (and NGAS and BZH)

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  4. docsparks

    Since you opened the door to things that don’t glitter Jake…I worked through some biotech during a “teething” break last night – some old and new names around here.

    My gut says we’re damn close to some serious cancer / HIV type break throughs which could cause the sector to kick ass. I also love the fact no one in the sector cares about earnings, and the big boys are sitting on cash with nothing else to do.

    The list below made my initial screen (disease market, technology, real leadership in the company, partnerships, decent looking chart) and I reviewed them enough for nibbler confidence positions today.

    CYTK, GENZ, INO, LXRX, SGMO, ONTY, AGEN, CVM

    I’m a likely buyer of any of them on strength today.

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    • JakeGint

      Thanks, I will take a look at them all. I am already an owner of CVM in rather large fashion, thanks to Mr. Fool.

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  5. Docsparks

    HLCS

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    • JakeGint

      Yes, have a ton of this one too. “Ton” being relative, of course. Not the kind of concentrations that I have in the PM’s, but that’s probably as it should be.

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  6. JakeGint

    ALERT–ALERT–ALERT!!

    We just banged againt the long term downtrend line in the UUP (dollar) at $23.01 and I think this may be the blow off top I was looking for yesterday in the dollar rebound.

    If it’s not, we’re in for a more sustained pullback in the metals, upon a breach of 23.04 in the UUP, I think.

    Have your capital at the ready.

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  7. Cash-N-Guns

    as mentioned yesterday…CLDX

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  8. JakeGint

    SLW already “out the gate.” I’m looking at the calls here, for a short term trade.

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  9. JakeGint

    ANV moving nicely as are many goldies.

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  10. JakeGint

    Bot some ERX about fitty cents too early @ 39.49. I like it on a possible dollar plunge.

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  11. ecchymosis

    What’s up with ANV??

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    • JakeGint

      Besides that I mentioned it as a favourite pick a day or so back?

      Forming a “batwing BTFO” formation right now.

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  12. Teahouse On The Tracks
    Teahouse On The Tracks

    Added some spec platinum – ANO @ $.85 – time’s right for this metal

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    • JakeGint

      Definitely broke out of the short term (9/4) downtrend today, but a little too illiquid for me. Only about $200,000 of stock traded today.

      Try PAL instead (I know it’s a different metal, but…)

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  13. Cash-N-Guns

    update…CLDX 9.7 million shares float / 12% short-6 days to cover at average volume…short squeeze potential with strong drug pipeline, and merger due to close tomorrow with CRGN..whose pipeline is very strong…imo. Position Long,

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  14. JakeGint

    Bot 8k NGAS @ $2.45 at EOD.

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  15. RHILL TRADER

    ANV is a great story and still undervalued, not getting credit for any of its silver..interesting Newmont raised $2bn to make acqusitions in Nevada…could be a good target…Bob Buchan who built Kinross is behind these..he is smart man..but if you ever see Bob sell his shares then I would sell all my shares immediately, he has the touch

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    • JakeGint

      I await your signal.

      ANV is looking good to at least $10.70 in the near term here… and they are all perking. Liked that hop off the $400 line on the $HUI today as well.

      I think tomorrow will be interesting as gold perk perk perks* up.

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      *(I am on a James Ellroy kick right now, more this weekend)

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      • DMG

        I’m reading “Blood A Rover” now…good – though i miss Pete Bondurant.

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        • JakeGint

          I am re-reading the entire series before taking on Blood’s a Rover, as it’s been some ten years since The Cold 6,000.

          Ellroy’s a rich indulgence for people who like the style of this site. He could be the Fly’s crazy(er) uncle.

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  16. JakeGint

    Will elaborate tomorrow, but virtually every Jackson, and many miners are a buy tomorrow. The douche Cramer talked about shorting MON tonight as well, which can only mean one thing —

    Buy with every appendage flailing.

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  17. chanci

    Class Action Suit on behalf of the shareholders of PLLL anounced. They are not pleased with $3.15/share agreement. I imagine if they bought at $10/share, they wouldn’t be.

    http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090929006555&newsLang=en

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  18. JakeGint

    BAA, EXK, and good ol’ ANV are perk, perk, perking!

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