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What are you buying today?


LowIQinvestor

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KNBE - recent IPO that I learned about in the MF Industryfocus podcast. Cybersecurity play that focuses on Training.  Seemed like a timely pick after thr Colonial pipeline disaster that sure must have raised the visibility about fishing attack risks. The stock tanked after earnings and I am not quite sure why. Earnings and CC seemed fine to me.

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Interfor (iFP.TO). Lumber companies are raining cash. Will pay a $2 special dividend (with likely more to come). Supply / demand imbalance could remain in place for years (BC is not able to ramp production like it historically has dues to mountain pine beetle - in fact it will be reducing production in the coming years). The US South will become the new swing producing region but it will take years for new mills to open. Bottom line, if lumber prices stay above $1,000 for SPF into 2022 all lumber producers are going to earn obscene amounts on money. Time to do a deeper dive this weekend...

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2 hours ago, Viking said:

Interfor (iFP.TO). Lumber companies are raining cash. Will pay a $2 special dividend (with likely more to come). Supply / demand imbalance could remain in place for years (BC is not able to ramp production like it historically has dues to mountain pine beetle - in fact it will be reducing production in the coming years). The US South will become the new swing producing region but it will take years for new mills to open. Bottom line, if lumber prices stay above $1,000 for SPF into 2022 all lumber producers are going to earn obscene amounts on money. Time to do a deeper dive this weekend...

Have you looked at ICLTF?

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On 5/25/2021 at 1:52 AM, lnofeisone said:

Bought back ETH and ABNB starter positions.

 

ABNB at $81B still looks rich to me.  I want to buy it at under $60B which would be somewhere under $100/sh, I'm hoping I get the chance.

ETH is a good buy here I think, but even after selling almost half of mine and the price drop it is still my 2nd biggest holding (BTC is still my largest) so I'm not buying more right now.  Just wait and see for crypto for a while, unless it really crashes, at some point I won't be able to help myself.

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