
I want to start this blog post with a sincere thank you to all of you that have been using stock.ly and supported the site. Our user base is growing 30% week over week and the site just passed 200k click throughs. That literally means that there has been 200k clicks on stock.ly shortened URLs! Keep in mind this has all happened in 9 weeks time with no capital raises.
The USCG reports that an oil rig owned by Mariner Energy has exploded. It is being reported that 13 people were on the rig that was operating south of Grand Isle, Louisiana. The US Coast Guard is on the scene and we hope to know more soon.
UPDATE: From CNN "Oil rig is Vermilion Oil rig 380 owned by Mariner Energy."
Put activity increased significantly on Mariner Energy (ME) once the news hit the markets.
In advance of Hurricane Earl, I spent the day staining decks at the homestead like most real market participants,(OK most big hitters are in the Hampton's nursing Mojitos) and today found us largely flat as mentioned here. Lets face it kids, today's euphoric money shot leaves us exactly nowhere but in the middle of a trading grange. With All major indexes still negative on the year, having essentially been sodomized since April, we will give you a quiet golf clap on today but, little else.
The market is due for a pop higher.
Maybe.
Who knows and who cares ... I don't predict the future right?
I want to start this blog post with…
The USCG reports that an oil rig owned…
In advance of Hurricane Earl, I spent the…
I'm sure I could look it up online…