Eye4Valu

I’d like to learn more about options. Is there a book or thread you would recommend? What are the best ways to buy or sell options utilizing a value framework? TIA for any insights you’re willing to share.

The bifurcation in views between preferred and common makes me laugh. Ackman thinks the common are the fulcrum security, while others view them as toilet paper. I guess we'll find out.

Agree. Moreover, looking out to the 2020 elections, if the economy holds, the stable genius is likely to get reelected. Fed is holding steady. A trade deal with China and clawback of tariffs needs to take place, and probably will in some form. This leads me to believe that reelection is likely, and that irreversible administrative action, while favorable, may not be a necessity.

What cracks me up is that in any given transaction there is a seller and a buyer. If all of the big institutional players were selling, there would have to be other players buying, presumably just as large. Movement in a stock price doesn’t reflect massive selling or buying per se, just a difference in opinion as to that security’s value. Muscleman needs to go work out with Gasparino and post selfies with a fanny pack on.

So you think as long as the treasury plan exists, it has to be bullish and make preferred to par quickly? Can there be a case where the plan requires 8 years to get preferreds to par? Or can the plan be in such a huge resistance by the big banks that it is not able to raise the equities, and it was forced to be delayed over and over? The IBankers want the IPO fee for sure, but if they could kill it and take over, the longer term profits are much greater. Could they be trying this and delaying it post 2020 to see if they can get a Democratic president in and give them what they wanted? Is it time for MM and Emily to go hit up the gym?

Wesco

Amyris. But I am too busy now for a write-up. And just like it was for enphase -and like Spekulatius has said- these plays can stink. A must to understand their technology. And prepare yourself to go through chaotic times and long term holding periods. They start to come together one broken piece at a time. Can you give a synopsis on Amyris? What matters: Amyris can produce specific molecules, in scale, with the highest purity and at the lowest cost. I will expand later. This Monday, the company presents an update on its business via webcast as they are behind on financial reporting. This is a technology that took 10 years to develop and about $1 billion. Enphase's took less time on developing theirs and about $100 million. And yes, there is a reason why they trade at $3. Thanks! Am interested to learn more when you have time.

Amyris. But I am too busy now for a write-up. And just like it was for enphase -and like Spekulatius has said- these plays can stink. A must to understand their technology. And prepare yourself to go through chaotic times and long term holding periods. They start to come together one broken piece at a time. Can you give a synopsis on Amyris?

According to this article China’s Tianqi Lithium paid 4.1B for a 24% minority stake in SQM last year: https://www.mining.com/chinas-tianqi-lithium-buys-minority-stake-sqm-4-07bn/ That values SQM around 16B. SQM has a current market cap of 7.8B. Appears undervalued based on that transaction.

The inverse head and shoulders pattern has me very bullish here. ;)

Well said

I agree with what Tim Howard says. Just saying.

Would be glad to buy you a beer as well!!!

https://twitter.com/joelight/status/1126175599507202049 Joe light blocked me...can someone post text if important. thx It's all right here: https://www.bloomberg.com/news/articles/2019-05-08/fannie-freddie-may-be-released-without-congress-calabria-says

FT-I don't want you to get a cease and desist. Those words are trademarked.