iBankCoin
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

Explosive Moves In A Sloth Week

I don’t feel much like displaying energy today, so I’ll just muddle through some talking points.

Oil prices are coming in. I don’t know why they ever ran higher. There’s not going to be supply disruption because of Gaza.

It’s unsettling, watching pictures coming out of the warzone. Particularly pictures of these Palestinians dragging that Israeli sympathizer around on the back of a motorcycle; they’re just kids mostly. That’s what that conflict has been reduced to – all the Palestinian men are dead and gone. Their orphans are now waging an endless conflict with no end in sight. Israel won years ago. It’s time to accept that and move on.

I lucked out buying into RGR yesterday. It’s a wonderful Thanksgiving week surprise – immediately after the close, same day, they announce a massive special dividend. Today, it’s soaring. Still deciding if I’ll hold through the December record date or not. Chuck Bennett likes it, so that’s a plus. But, I haven’t done any due diligence on the name. I literally just threw a dart in celebration of a week of feasting.

BAS is asininely undervalued. Ragin Cajun informed me in The PPT that it is now on one of the old lists belonging to the late Alphadawg – contributor extraordinaire from iBankCoin’s early days – predicting an imminent bounce.

BAS has been hammered, but meanwhile natural gas prices continue running higher. They’re a gas services company, that makes no sense. Higher gas prices are going to push more business their way.

CCJ can’t catch a bid, ever… There is little here to tell. If you own this stock, it’s because you believe the supply and demand of uranium are completely out of whack and due for a foundational movement. Otherwise, following fundamentals or technicals, there’s just no point.

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