The Gains Keep Coming

Now it’s uranium’s turn to takeoff. CCJ is lifting 7.5% today, and counting. UEC is up 8.8%. This is much more serious money for me.

On the natural gas side, HCLP and BAS are both full sized positions. But CCJ is a mammoth stake; we’re talking 20% of my book alone. Today’s move is adding 1.5% to my gross account change (which is slightly being offset by minor corrections elsewhere).

I have a big bet on uranium prices and the miners. If they make it this year, it will be one for the records.

BAS, HCLP, APC, CHK, COP…let’s be clear here, if it has to do with energy extraction, it is running hot and long. The natural gas plays are especially sweet here, and BAS and HCLP are making you rich, if you’ve been playing with me.

On Friday HCLP and BAS both bleed out and I was worried. But today, they’re right back where they started and there’s not a cloud in the sky.

If this keeps up, it will just be a matter of time before the major publications, scared of looking out of the loop, start putting out pieces declaring natural gas to be “in”, flooding small money retiree accounts and speculative, low-information traders into the sector.

I’m not missing out on the excessive gains this time. My trades tend to be wildly profitable anyway, but I can’t help but notice that just after I check the door, that’s when the really stupid offers start coming in. Why it happened in RGR just last year.

This time around, I will be the recipient of my 12X PE stock getting bid to 40X FPE stupid levels by your local college Bachelor of Arts student, making investment decisions with his tuition money based off Motley Fool articles. I’m so deep in profits on these positions and the story is so good, it’s just worth my time to wait.

I’ve been a busy, busy bee this week, and will be offering you no apologies for my absence. To the contrary, you’re welcome that I’m bothering to throw you table scraps at all right now. For my time is precious.

Here’s the big takeaway; I still have a slightly oversized cash position, but don’t really seem to be hurting at all from it.

BAS is up 16.40% right now at the time of this writing. This lift is being driven by guidance from the company suggesting that natural gas drilling budgets are coming back strong. BAS was very undervalued when I started buying around $12 and I made that very clear – the firm was poised for outperformance. There ability to generate cash guaranteed them a winner.

Now we’re just collecting my winnings. My position is up 95% from initial entry, and my total realized and unrealized gains together stand well over 100% from trading activities. I have a full sized position of about 10% my net worth in BAS, and accordingly am free not to care that I am sitting on so much cash. It doesn’t matter.

I am not selling my BAS shares. As the natural gas sector thaws, BAS will be the recipient of an immense payoff.

Today witnesses HCLP stretching towards $40. I made this purchase in the middle of August, reasoning that oil field services involved with fracking will be the tip of the spear of the next decade. HCLP produces a very popular sand used in the advanced energy extraction process.

Between then and now HCLP settled a long standing disagreement with one of their buyers, picking up a huge contract along the way. And the company grew business 218%.

These equity returns are a big deal, as they annualize as if HCLP is pushing >190% upside this year. My opinion is that the partnership is going to $100 and above.

Quality names like HCLP and BAS are buys that needs no pullback, with an indefinite sell point. They are going higher.

The Southern Confederacy is bracing for what promises to be a catastrophic blizzard – one that will go down in southern lore next to Gettysburg and the Great Biscuit Shortage of ’92.

Look you stupid patsies, quit bitching to me about the cold. While you’re preparing rations over a bit of ice, Cain Hammond Thaler has been digging himself out of snow rifts piled five feet high for almost three months.

His knees are cold and my blood is hot.

You want to know the real reason the South lost the war? It’s because their blood is too thin. It slows you down. Small paper cuts result in emergency room visits. You run a saber through a Northerner, you know what happens? They just clot. Right there on the spot.

And it makes you lazy. Do you know I once ventured into an IHOP in Alabama and waited 21 minutes to be served? Actually that has nothing to do with the temperature. I just wanted to point out Southerners are obnoxiously slow.

At any rate, if you could stop broadcasting in real time the number of jackass rednecks who go off the road (from lack of skill in driving, have no doubt) over a small dusting or a little ice, those of us who drove through four inches of snow with iced over vehicles to get to work last week would probably appreciate it.

Although my 40% cash position may create the illusion that I am missing out, such a view would be misplaced. Careful allocation and selection on my part is gifting me full participation in today’s excess in spite of recent reservation.

BAS is up 7.29% at the time of this writing, as the natural gas cycle makes full leaps and bounds forward. As I told you it would transpire, this is where your money must be at for the next 10 years. Companies and partnerships like BAS and HCLP will grow at unprecedented rates, facilitating the United States of America back to Her rightful status as Greatest Country and Loan Superpower on planet Earth.

HCLP is also up 2% and taken altogether, my portfolio is up .9%.

As for the excitement about Yellen, I don’t fully understand the sentiment. If you go back and read or listen to anything from Yellen, it’s pretty clear she has been consistently more in favor of Federal Reserve supporting markets and the economy than Bernanke was.

Despite that, there is good reason to believe a deep pullback may come soon enough (first half of 2014). We can’t all be millionaires.

UPDATE If you followed my initial purchase of BAS on 8/16/2012, you are presently up 65% on the position. If you’ve been trading along with me inside The PPT, you are up far more.