Gregmal

Also good news, MSG Sphere LV suspended. Woo hoo. You can put a fork in London if thats the case.

Any management team, in any industry, if they can not show a positive total over any trailing 5 year period should mandatorily be shown the door for cause. If somehow it s a trailing 10 like these guys, there should be financial penalties as well. Straight hucksters.

This is a situation ripe for some jerk off fund like Aurelius Capital. I wouldn't touch. You can have a ton of relief from good actors, but all it takes is one greedy scumbag with lack of a moral compass to really put one of these companies in a bad spot.

There are a TON of setups like this one right now. People are just too busy worrying about boogie men to take advantage. Haven’t looked at options here, but I’ve seen plenty of these types were you can even hedge out an upside reversal with dirt cheap calls as well. Value investing is back

I dont have as grim an outlook on housing as some, but you can certainly call me skeptical if the plan is to let the average bloke go 3 months without paying and then expect them to get whole in a one shot lump sum payment; even if most of that lump sum is given to them by the government. I just dont have a lot of faith in the honorability or financial discipline of most average folks in America or Canada. The odds of many of these folks maintaining large balances in their bank accounts for extended periods of time is not something I'd bet on. Only thing going for the other side of the argument is that restaurants and travel arent spending options for them right now...

I think the current situation can create short term disturbances. But my feel was that things had already begun softening and one of the most under appreciated aspects of that was the SALT deduction ban.

Well orthopa, that’s what I’ve been getting at. They(those you listed and a few others) say a lot, but don’t really say anything either. They just call you names and make up political narratives.

So, theoretical question, but what exactly would folks here think if, when the next filings occur once this has passed, that WEB did NOTHING here but buyback stock at a similar clip to the previous quarters? By nothing I mean few new equity purchases, no major acquisition, not meaningful buybacks, and continued cash build?

There is a reason the market fell as it did and that the fear index was at 80. Its all related. EDIT: to this I'd also add, just look around, here, everywhere. Almost everyone is panicking like hell, and those that arent are viewed as crazy. EVERYONE is currently a "short term trader" trying to predict what the market will do in the next 1-3 days....definitely a unique set of circumstances.

https://www.espn.com/nba/story/_/id/28963428/espn-burke-symptom-free-positive-test These are the stories we dont really hear about often. Just the 36 year old mother found dead with her kids and the 22 year old with no underlying conditions....

The tri state quarantine is, to my knowledge, changing very little. Trump should just fuck off and leave it to the governors at this point. We're all pretty much on lockdown already.

I spoke with a contact working at a 911 call center earlier. Typically they get a few hundred calls during peak hours. Lately they've been receiving in excess of 8,000 per day. Most of which are people with "flu like symptoms" wondering if they need to go to the hospital. So yes, take it seriously, but this shit cuts both ways and all the hysteria certainly isn't doing us any favors if we are genuinely concerned about overloading our resource capacity. Its a shame this has to be political as well. A living Democrat/Republican/Independent is almost always better than a dead one. Awareness is the biggest thing here, but once again, scaring the shit out of everyone will also just make matters worse. Similar to why they probably, incorrectly, told everyone masks dont work. If they said that they did, no one would have them, period.

Pure Cycle- no debt, $20M+ cash FIZZ is the epitome of a fortress. To boot, its hard to see how they arent going to produce possibly record sales for at least a quarter or two on the back of this supermarket rush. Look at the share count, short interest, and a few other things, and this could be interesting. FRP Holdings- they've been prepping for times like this, maybe that cash gets put to work. They are buying back shares. Home Depot/Lowes are probably good additions to the list as well.

Of course you owe nothing to anyone. But then that begs the question of what exactly are you doing on an investing forum? And what exactly you are getting out of these rants? Ive probably been more transparent with respect to disclosing positions, setups, and ideas than 95% of folks here. Many of us sold heavily in Q4/Q1 on valuation concerns. Even shorted. So if you did as well, great. And no this isn't to say the portfolio looks sterling right now, it doesn't. If you are a doctor, especially in NYC, you probably have bigger things to worry about anyway. Regardless, and genuinely, good luck with all that. There's more value to what you're doing there than there is fumbling around here and on Twitter.

Come on, this is turning things upside down. Credentialism is unnecessary unless you first bring it up yourself; nobody here knows my profession as I've never told you what it is. When someone first comes out saying he's an MD while making medical statements therefore sounding like someone who knows what he's saying, then later deletes that comment because perhaps he's really not, then of course that's on him. Not on the person who noticed and comments on it. Exactly. There was another fellow, by the name of RuleNumberOne, who was basically run out of town for saying a lot while also arguably saying nothing. In hind site, RuleNumberOne's repeated rants and warnings proved to be highly accurate and probably some of the most valuable postings thrown together on this board the past year. But nonetheless, screaming loudly while essentially offering up no useful investment angle, many find to be a distraction, at least on an investment website. Dalal and others have offered some valuable stuff, but the ranting and raving and attacking is just unnecessary. If I make a statement, like "I think this is fertile ground for long/short", I try to communicate this clearly and give examples of what I'm doing, as do others. Hopefully sometimes there is reciprocation which is what makes this place great. Not insinuating the end of the world but refusing to actually make a market call. Not "I'm buying puts!" despite outrageously expensive premium costs, while giving no specific underlying name, or strike or date... and then hooting and hollering when the market moves. Buying puts on cruise ships and airlines is a horrible risk adjusted idea right now; even if they end up making money. Its like the guy who wins the lottery and boasts of his skill even though everyone qualified knows the odds still said buying lottery tickets is a dumb money move.

Mortgage related biz is obviously on fire right now. Anyone who's bought a house going back one year, to infinity, can refinance. Esports I would think is currently going to do well. Also, home delivering services. I recently started up a local group to do it for free, because I'm a good hearted piece of shit, but if I wanted to make some quick money, offering to go out in this dangerous world and acquire good for folks scared or unable to leave home, is probably very profitable.

It's simply just not true, ref. the topic title : "The optimistic take on Covid-19". I'm still at least once a day thinking about when I'll get sex the next time. [Not to be confused with "Was the last time really the last time?" - You know, active [agressive?] approach versus resignation & capitulation.]. I've also been pretty active with regard to keeping the supply chain intact for the household with regard all kinds of groceries [food], beverages [beer & wine] etc. The boat launch near me has been jam packed every day. beer > covid Cheers to that. Bud light, Marlboros and walleye fishing for some reprieve

Good or bad, great or sketchy on Ackman's part, this is still a stunning 180. A few months ago we were talking about selling assets and buying back stock. Then we bought a half BILLION in assets, watched the stock decline 60%, and then issue $500M+ in stock.... Ive only ever made money in this name trading it. The assets are unquestionable, but there are certainly character/credibility issues here.

Ackman is certainly showcasing how much of a scoundrel of a human being he is lately. Crying on TV about dire straits as he covered his hedges while then also lobbying Trump on pro market solutions. Now pick pocketing shareholders.... he is definitely a very smart guy and worth following in terms of what he a up to, but he is the embodiment of everything people hate about Wall Street folks.

Got together a group of people to be on call to make “small essential” grocery runs with delivery to front door for members of a local community with high percentage of elderly folks. Lot of small ways everyone can chip in.

Aren't we trading where the economy is in 6-12 months instead of where it is now? Not saying we won't go down further or anything (who knows), but obviously the market is forward looking. Yes, I understand that. The market also doesn’t really care about death and so forth, it’s a cold calculating machine. But my thinking is that the economy in a year will looks substantially worse than it is right now. I am just not buying into the V recovery. In any case, even if you buy the V recovery, it seems already priced in. The longer L shaped or U shaped recovery like we had in the GFC is by no means priced in. This is worse than the GFC in my opinion. Possibly way worse. So the million dollar question of course then is still, the same one as it always is. What do you pay for an asset? What about a quality one? If nothing else, the recent Fed actions make that multiple greater in my opinion. Bonds are nil. Is it reasonable to think the average multiple reverts to say 14x or whatever has been the longer terms trailing SPY multiple? Or do we incorporate both the big earnings slowdown but also the unique rate/money printing going on? Maybe I'm wrong, but healthy, cash generating businesses like Berkshire(just an example) in theory to me, could be quite easily justified here, even with estimates heavily slashed.

I bought a position here a few days ago and am debating kicking it to the curb after this. It really just highlights how terrible that OXY deal was. All around. Sure there was a strategic rationale, but they also killed their credibility in my eyes after going through a strategic review, talking about asset sales and strengthening the core of the company, and then going and making an acquisition like that. Great assets here for sure, but there's so much cheap real estate everywhere right now I'd rather take my pick and stay with companies who dont need to be issuing stock after losing 60% of their value.

5% of their known cases are dead. And their cases are clearly growing exponentially (see link), but confirmation bias is a helluva drug. https://en.wikipedia.org/wiki/2020_coronavirus_pandemic_in_Washington_(state) Im going to post now. Im going to go away for 30 days. Trust me, last post for 30 days. Promise Now I'm back 12 minutes later, I'm retweeting every 12 seconds. I'm back I'm going away now. Now I'm back Just kidding here's more Walking Dead stuff. What exactly are you peddling here Dalal? The Taleb infatuation is curious. He s a media personality. Should we also start quoting the Cramers and the Jon Najarian's of the world as well? I was right (so was Taleb). You were wrong. You add negative value to this thread. Now go back to the politics section you frequent since you are a connoisseur for high quality, impactful level of forum posts. It is also a safe space for (former) Trump supporters like yourself. And Peter Schiff was right about the mortgage crisis too because he yelled loud for a while and then screamed even louder afterwards. Then, like Taleb, does his TV rounds and writes books basking in the attention. Others got to work and figured out how to make a few bucks in the markets during that backdrop. So I get why Taleb does what he does, you though? Aspiring author? I'm now really done here. Like really. Really really. Best of luck with the zombie apocalypse.

5% of their known cases are dead. And their cases are clearly growing exponentially (see link), but confirmation bias is a helluva drug. https://en.wikipedia.org/wiki/2020_coronavirus_pandemic_in_Washington_(state) Im going to post now. Im going to go away for 30 days. Trust me, last post for 30 days. Promise Now I'm back 12 minutes later, I'm retweeting every 12 seconds. I'm back I'm going away now. Now I'm back Just kidding here's more Walking Dead stuff. What exactly are you peddling here Dalal? The Taleb infatuation is curious. He s a media personality. Should we also start quoting the Cramers and the Jon Najarian's of the world as well?

To add some anecdotal shit, it amazes me how much better prepared Shop Rite stores are for the current situation. I have a Stop N Shop, Weis, and several small chains near me. All are barren. Expect Shop Rite. Not just one, but all of them are packed with not just essential goods, but pretty much everything. They easily ramped up the workforce. They, starting a couple weeks ago, were getting deliveries 4-5x a day. U boats in the aisles consistently, and all in a very organized and efficient manner. Some of the stores I am referring to are Village stores, some arent.