Timmothy Posey

Selling Most of Excel Maritime into the Euphoria

I thought this pop was due to Fast Money recommending it yesterday for its "Home Run" play. Guy Adami said it could go back to $60. People got greedy.

I'm long EXM and selling calls.

The Baltic Dry Index Gets Moving

I've held EXM from $6 and rode is all the way down to $3 and now back up to $7.50. I'm selling calls on it because I'm bearish on the overall sector. I think this whole sector will get sold off once we realize this whole idea of "green" shoots was fake.

Looking for Opportunities in an Irrational Market Place

More chicken little "The Sky is Falling Due to Kondratieff Cycle" F.U.D.