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What are you buying today?


LowIQinvestor

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250 gallons of heating oil for the home.

 

A value buy it seems as you got in before the spike to $100/ bro that’s some doomsters predict. I think it will be more like $2-5$/brl  and quickly reverse. I doubt there much supply impact from the drone attack.

 

FWIW, so many oil heated homes on the East coast. It would be a great green energy plan to have them all connected to natural gas.

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250 gallons of heating oil for the home.

A value buy it seems as you got in before the spike to $100/ bro that’s some doomsters predict. I think it will be more like $2-5$/brl  and quickly reverse. I doubt there much supply impact from the drone attack.

FWIW, so many oil heated homes on the East coast. It would be a great green energy plan to have them all connected to natural gas.

 

Off topic :

 

I'm shocked reading this. Here, I've been living with district heating the last 35 years. I live in a Danish city [the fourth largest in Denmark, the approximate size the one of Omaha.]

 

- - - o 0 o - - -

 

Back to topic again.

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250 gallons of heating oil for the home.

 

A value buy it seems as you got in before the spike to $100/ bro that’s some doomsters predict. I think it will be more like $2-5$/brl  and quickly reverse. I doubt there much supply impact from the drone attack.

 

FWIW, so many oil heated homes on the East coast. It would be a great green energy plan to have them all connected to natural gas.

 

Does this Gregmal guy ever get his timing wrong? He's on some epic streak!

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250 gallons of heating oil for the home.

 

A value buy it seems as you got in before the spike to $100/ bro that’s some doomsters predict. I think it will be more like $2-5$/brl  and quickly reverse. I doubt there much supply impact from the drone attack.

 

FWIW, so many oil heated homes on the East coast. It would be a great green energy plan to have them all connected to natural gas.

 

Does this Gregmal guy ever get his timing wrong? He's on some epic streak!

 

Tesla is probably going broke a few days after he bought some puts on the stock.

 

FWIW, I bought some SPY 280 Dec 20 index puts for hedging yesterday.

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Two young kids are expensive enough and when your home runs on heating oil, you're always kind of "short" the market for that.

 

Half of timing is just paying attention. A quarter is luck. The other quarter is overcoming that "voice" in every investor's(every sensible investor that is) head that says trading is bad. Or so I tell myself....

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Strolling through the grocery store today and noticed that now everyone has a plant based meat product out. Saw the news about Tim Hortons dumping BYND and didn't have a difficult time seeing others follow suit. This shit doesnt sell in a number of markets. This is Tilray 2.0, lockup expiration 6 weeks away. So I shorted the pig via buying some well out of the money, longer dated puts.

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Which puts Gregmal if you don't mind?

 

They are crazy expensive due to shorts/volatility but, yeah I can see this going way down in time. Everybody can make this shit even Maple Leaf Foods and Tyson. $10 billion market cap is nuts for something that will be commoditized.

 

I bought some Jan 2021's ranging from $50-$100 strikes. Its basically a 2-3 month trade idea. I think the lockup easily takes 25% off the share price. The thinking goes, yea... straight short you're paying 175% neg borrow which can be yanked at any time and the rate can and likely will go up. Shorter dated puts are insanely expensive and a sucker bet. 2021s that are out of the money that far are only pricing in time value. Ive got like 16 months til expiration and if 2-3 expire, there s still a whole lot of time value likely for those options which still have a good chunk of value whether the stock goes up, down, or sideways. But if I'm right, and we get a 20-30% or greater move down on lockup expiring(which really isn't much of a stretch given how some of these things trade, let alone if you follow what TLRY did)....we eat well.

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Added to JOE (got super cheap after Hurricane Adrian, which didn't really affect the panhandle), EAF and TPHS again.  Bought a little more BHC, which I haven't bought or sold more shares in a while, but noticed Joe Papa the CEO bought a nice slug of shares recently.  Story hasn't changed (debt keeps getting more manageable and outlook keeps looking better but stock price hasn't moved). 

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Added to some JOE under $17 and EAF again, and to keep it interesting a tiny bit of SALT, TPHS and BHC  (just because I'm OCD and like seeing my share counts end in round numbers and looking at things that end in 4, 7 9 etc. has been bugging me for days). 

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