iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

USO: Bought @ 93.32

I like my chances going long oil over the weekend.

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On a side note: Danny and DPeezy talked me out of my bet on Sirius Satellite Radio Inc. [[SIRI]] , thanks guys I feel better already. My gambling side started to take over and needed to be reminded that anything can happen, including dirty stops. The reason behind the trade was I got ping’d from a reliable source that SIRI was in play, and I also read this. Still, no reason for a big bet, so I kicked out 5K shares for a penny higher, holding the rest.

I’m also holding Research In Motion Limited (USA) [[RIMM]] & Valero Energy Corporation [[VLO]] over the weekend, while taking profits in Buffalo Wild Wings [[BWLD]] @ 36.75.

All in all, today was a good day, a big thanks to RIMM.

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11 comments

  1. boca

    Good job Ragin.

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  2. StockTraderDaddy
    StockTraderDaddy

    are you not tempted to add a side order of DGP and some SKF to go with your USO?

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  3. haileris

    Added some GLD for fun.

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  4. boca

    ouch… SKF is a ‘sensitive subject’ for me today.

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  5. DPeezy

    Long GLD and USO into the weekend. Will wait on SKF.

    Also taking profits on BWLD. Treated me well this week.

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  6. StockTraderDaddy
    StockTraderDaddy

    I just bought “small amounts” of DGP, USO, FXF and even “smaller” amounts of SKF.

    No way the Swiss Franc deserves to be slammed into the gutter like that, no matter how “strong” the dollar is.

    Since when do currencies move more than 2% in one day and not get a bounce ?

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  7. RaginCajun

    Just noticed the rest of my SIRI was stopped out. They blow.

    I must have been hanging around Tim’s site for too long, I hate penny stocks.

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  8. JakeGint

    I think Fly’s VMC is finally breaking down here. I may short it via Sept 70’s puts.

    _______

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  9. JakeGint

    RF looks sick here, too.

    I think that’s my next target.

    __

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  10. RaginCajun

    I like the call Jake.

    Hey, did you catch some RIMM?

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  11. RaginCajun

    How about Shockey to the Saints?

    Go Saints!

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