Thursday, September 4, 2008

Cry me a WINNER! ~ James River Coal Company (Public, NASDAQ:JRCC)


JRCC ... down 25% in five days!

31.60-2.18 (-6.45%)

WINNER: PUTS of POWER

*take profits*

p.s. ENER 66.47-2.16 (-3.15%) ... victory!

9 comments:

BUY ON THE DIP said...

we bought our OIL plays.

DIG it. yo!

jd said...

I'm with you, just got some DIG too.

Even Pickens is saying $150 oil by year end.

jd said...

Although, Pickens has interest in alternative energy. heh ,,, Garbageman Sachs says $149 too. though. I tend to believe the fundamentals and believe the dollar will fall back down. Demand destruction is also a scam, globally oil demand is still high as ever.

jd said...

FYI, DFS -4.2% , but I wasn't even playing it for a daily trade, I expect it to fall considerably over the next couple quarters or more. They just did a press release bragging that their customers are using their cards and spending more, this is a BAD thing for them, people are desperate for credit to survive and won't be able to pay a lot of it back. Can you say MASSIVE DEFAULTS?

jd said...

Speak of the devil:

1:09 p.m.
[AXP] Lehman cuts EPS estimate, price target for American Express
1:09 p.m.
[AXP] Lehman cuts EPS estimate, price target for Capital One
1:09 p.m.
[AXP] Lehman cuts EPS estimate, price target for Discover

sara said...

so what do you think about those coal stock ,

sara said...

down 5% on vlcm

botd ?

jd said...

Ahhhh yeah, it's hip to be a bear.

2:35 p.m.
Tyco plans to restructure auto products operations in Europe
2:35 p.m.
Yellen sees weak growth, 'substantial' downside risks ahead
2:34 p.m.
Yellen says Q2 GDP growth likely to be 'ephemeral'
2:34 p.m.
Yellen says 2% Fed funds rate not highly accomodative
2:33 p.m.
Yellen sees headline, core inflation moderating in 2009
2:32 p.m.
Yellen: Oil price drop gives Fed room to hold steady
2:32 p.m.
Yellen says credit crunch deepening

BUY ON THE DIP said...

late day OIL plays rally!

go team!