Cardboard Posted February 25, 2020 Share Posted February 25, 2020 Back into MSGN Link to comment Share on other sites More sharing options...
LC Posted February 25, 2020 Share Posted February 25, 2020 Added 50% to MSGN, back up to about a 6% position. Small add to PCYO, BRK, MSB. Would guess we're close to a bottom. But what do I know. I hope not, would like to buy more. Added to V today. Might join u guys on this MSGN trade for funsies. Link to comment Share on other sites More sharing options...
txvalue Posted February 25, 2020 Share Posted February 25, 2020 AAL AMC MCS CNK Link to comment Share on other sites More sharing options...
longlake95 Posted February 25, 2020 Share Posted February 25, 2020 V SNC BRK.b Link to comment Share on other sites More sharing options...
Viking Posted February 25, 2020 Share Posted February 25, 2020 1.) a bunch of cash (sold FFH) 2.) BRK 3.) And a little BAC and C. But post purchase i am thinking i am early with BAC and C :-) I am thinking we may only be in the early innings of this sell off so capital preservation is a focus. Patience... Link to comment Share on other sites More sharing options...
Gregmal Posted February 25, 2020 Share Posted February 25, 2020 I liked some of the action in certain names during the last hour or two of trading. But generally speaking, much like last night, I dont like when the futures immediately rebound following the close. Usually you need all hope lost, and a good gap down to open that can then flush everyone out. Funny side note. Apple still has like 20% downside. To get back to October's prices... Link to comment Share on other sites More sharing options...
LC Posted February 25, 2020 Share Posted February 25, 2020 I am thinking we may only be in the early innings of this sell off so capital preservation is a focus. Patience... I never know when, so I go in drips-and-drabs. In terms of cash-on-hand never more than 10% per week, which in the event of a "prolonged" downturn gives me at least 10-20 weeks to pick up shares; plus more as cash flows during those 10-20 weeks comes in (salary, dividends, etc.) Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted February 26, 2020 Share Posted February 26, 2020 I liked some of the action in certain names during the last hour or two of trading. But generally speaking, much like last night, I dont like when the futures immediately rebound following the close. Usually you need all hope lost, and a good gap down to open that can then flush everyone out. Funny side note. Apple still has like 20% downside. To get back to October's prices... Agreed. Not sure this is over and not convinced we've caught down to the fundamentals that have continued to deteriorate month after month. That being said, while I did reinvest my called call proceeds yesterday, the profits I've booked from my put positions sold over the last two days are remaining in cash and am looking to re-add put exposure if we get a subsequent bounce and VIX below 20. Still keeping my overall portfolio allocation at roughly 50/50 and don't think I'll consider adding equity risk back into the portfolio until we're down significantly. Link to comment Share on other sites More sharing options...
DooDiligence Posted February 26, 2020 Share Posted February 26, 2020 I'm all in on VLGEA. No more extra FOMO cash. Severe downturn 100% assured. Link to comment Share on other sites More sharing options...
Casey Posted February 26, 2020 Share Posted February 26, 2020 Not much yet. I think we have weeks or more of worse Coronavirus news to go. It would surprise me if Trump & the fed can paper over it. Link to comment Share on other sites More sharing options...
Gregmal Posted February 26, 2020 Share Posted February 26, 2020 On one end, much of this is overdone, especially if you are investing in US isolated companies. I can think of plenty that have gotten wrecked. On the other end, the market had no business going up 10% or whatever the past few months, for practically no reason. So I guess much of it is a wash. As always, life is a lot easier when you focus on specific investment you know well. Link to comment Share on other sites More sharing options...
Lance Posted February 26, 2020 Share Posted February 26, 2020 Bought CXW and GEO and wrote puts on GEO. Thanks Lance Link to comment Share on other sites More sharing options...
kab60 Posted February 26, 2020 Share Posted February 26, 2020 50 pct. more AMA Group after my quickest 30 pct. loss :o Link to comment Share on other sites More sharing options...
compoundinglife Posted February 26, 2020 Share Posted February 26, 2020 Some yesterday and some today. VDE as a spec. MSG, MSGN, DD, IBKR. Also rebalancing a UPRO/TMF paired position idea I am playing with, found the idea on boggleheads. Link to comment Share on other sites More sharing options...
bizaro86 Posted February 26, 2020 Share Posted February 26, 2020 AER Link to comment Share on other sites More sharing options...
Gregmal Posted February 26, 2020 Share Posted February 26, 2020 Added a small bit to MSG at 272. Algos are going bananas today Link to comment Share on other sites More sharing options...
jgyetzer Posted February 26, 2020 Share Posted February 26, 2020 MSG, IAC Link to comment Share on other sites More sharing options...
Spekulatius Posted February 26, 2020 Share Posted February 26, 2020 Added a small bit to MSG at 272. Algos are going bananas today Not Algos, they depend on live events which might get cancelled if things go Corona south. MSGN is tied to the same mast. Link to comment Share on other sites More sharing options...
Gregmal Posted February 26, 2020 Share Posted February 26, 2020 Added a small bit to MSG at 272. Algos are going bananas today Not Algos, they depend on live events which might get cancelled if things go Corona south. MSGN is tied to the same mast. The volume surges definitely seem like algos, and zip within ranges quite noticeably. Either way, at worst, this is a one off hardship assuming its full blown Resident Evil. Hardly enough to impair the value 10% when it's already discounted 20%+. Just markets being skittish. Could be worse. Like AMC. Link to comment Share on other sites More sharing options...
brycepeterson Posted February 26, 2020 Share Posted February 26, 2020 I bought more LGL Group (LGL) at $11.50 to $12.50. Sells products to defense industry. Down from $16 last couple days on both the general market / virus and reported lower bookings in 4Q19. Big picture - my estimate for 2020 - LGL will earn $2 million to $4 million FCF on enterprise value of $38 million (at $11.75 stock price). Did $1.75 million FCF in 2018 & I estimate about $3.25 million in 2019. Has an ownership in a SPAC, that, if successful in finding an acquisition, can materially move the stock price. (Lottery ticket that's not priced into shares at all.) Mario Gabelli owns over 20%. Can't remember exact ownership figure. Good price, good business, with motivated management and owners. Good luck all :) Link to comment Share on other sites More sharing options...
KJP Posted February 26, 2020 Share Posted February 26, 2020 Rosetta Stone Black Stone Minerals Tandy Leather Factory Link to comment Share on other sites More sharing options...
sarganaga Posted February 26, 2020 Share Posted February 26, 2020 Birchcliff Energy (BIREF, BIR:TO) Link to comment Share on other sites More sharing options...
Spekulatius Posted February 27, 2020 Share Posted February 27, 2020 Added a small bit to MSG at 272. Algos are going bananas today Not Algos, they depend on live events which might get cancelled if things go Corona south. MSGN is tied to the same mast. The volume surges definitely seem like algos, and zip within ranges quite noticeably. Either way, at worst, this is a one off hardship assuming its full blown Resident Evil. Hardly enough to impair the value 10% when it's already discounted 20%+. Just markets being skittish. Could be worse. Like AMC. I know I repeat myself regarding MSG, but “fear the sphere” (in Las Vegas) is a bigger concern than a virus induced zombie apocalypse for me. I can see already the news headlines about cost overruns first and a $500M write down next. Anyways, added to PSX and a bit more DFS, STAY and FRA.DE Link to comment Share on other sites More sharing options...
Lance Posted February 27, 2020 Share Posted February 27, 2020 VLGEA Thanks Lance Link to comment Share on other sites More sharing options...
Agrippa07 Posted February 27, 2020 Share Posted February 27, 2020 added to my recently opened position in Ab Inbev Link to comment Share on other sites More sharing options...
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