Get on the SHORT BUS!

the SHORT BUS Passengers:

HBC, IBM, ORCL, R, CNW, URBN, DECK, CAT and KOLSuX!

remember, ... CASH is KING! 

p.s.  The only stocks we will Buy On The Dip are HK & AGU .... all others ride the bus. 

GO TEAM. 

p.s.s. short bus looking to "pick up" puts on HRB, and if we get tempted into buying more AGU, we'll add a few puts on MOS ... likewise with HK, if we buy more, look to short GDP or EAC  ... hedge on! 

Happy 4th ~ Hard Knock Life ~ Vol. 1 & 2

Weekend RECO: Love Life with Friends & Family

and remember,

          ... "the time you enjoy wasting is not wasted time." 

Cheers!   .....  Happy 4th of July 

Have you seen my ass? part 666 ~ We need "DISCIPLINE!"

Last nights premature celebration, about the DIPfolio at all time highs, blah, blah ...

Have you seen my ass?  

We need "DISCIPLINE!" ... STEEL & COAL DIED.  ... The "late to the coal party" team got blown out JRCC down 22%, ICO down 19%, BUCY down 12% ....  all SOLD for HUGE LOSSES.  Then AKS broke 11%, GGB down 6%+... all common stocks SOLD today for HUGE LOSSES, and our options are DEAD MONEY.     We sold XTO, PDE, and NE for minimal overall gains.  Unhappy with Cappy (CPST) got sold, (SWC) is no (PAL) of ours, both hit 10% stop loss ... We even sold out HKGG (1500% profits) and HKGH (1000%+ profits) ... but still, we couldn't sell things fast enough.   Today we LOST our ASS!    

Trent says, "I NEED YOUR DISCIPLINE!"  

CASH is KING!!!  

The SHORT BUS rolls on IBM, ORCL, R, CNW, URBN, DECK, YZC, CAT, BG (although we sold more than half our shorts last friday, these saved us today) ... we also bought puts on HBC which is going under $70 and a few puts on KOL, try KOLSX! ... KOLSuX!  ... and as our HK hedge, we bought puts on GDP.  Remember,  BOTD will hold HK until FLOYD sells the company.  today sucked ass.  the end. 

who needs the VIX?

 when our emotions have us thinking,  ...

 "I am the GREATEST!"

 ... it's a good indicator that we need to take profits.   

LESSON #87:  be humble, ... or be humbled. 

WAKE UP with FLOYD! ~ Petrohawk Energy Corporation (Public, NYSE:HK)

FLOYD!!!!

+5.42 (+11.29%)

another upgrade:

Petrohawk price target raised to $60 from $45 at Friedman Billings ...

Can you say AGUGA!!??! ~ Agrium Inc. (USA) (Public, NYSE:AGU)

AGUGA!  ahhhguuugaaa! 

Buy the July $105 calls ... on the dip! 

$5.10 -1.60 (- 23.88%) 

if agriculture gets a bounce, AGU goes to $110+ and AGUGA crops a double! 

BUY ON THE DIP (AGU) common anywhere under $110

       ... target $150

*BOTD LONG AGU & AGUGA*

p.s. Fast Money's Guy "that being said" Adami owns some, "that being said" ... why does he say that every other sentence?  seems like a nice enough person,  but "that being said" ... he's a retard. 

HK, HK, HK, HK!!!! ~ Petrohawk Energy Corporation (Public, NYSE:HK)

We are running out of things to say about PETROHAWK (HK) ... boobs are good! 

After Hours: 51.90 +3.90 (8.12%) 

... on news of CHK selling some of its leasehold in the Haynesville Shale for a billion plus... HK has 275,000 acres.  hmmm... Floyd wins, we win!    

HK is the Haynesville Shale PURE PLAY! 

.... are you on "the team" ? 

(click here for our post on other Haynesville Shale plays)