Charlie Posted October 31, 2019 Share Posted October 31, 2019 Bought some Berkshire b shares today. The results on Saturday should be good, the big equity positions are up nicely and Berkshire´s share price is underperforming. A good combination. :) Link to comment Share on other sites More sharing options...
DooDiligence Posted October 31, 2019 Share Posted October 31, 2019 Don't u laff as stonks go hi, 4 urs may b the next to die. Ur stonks crawl up, ur stonks crawl down. Ur stonks play pinochle, while u frown. They eat your eyes, they eat your nose. They eat the jelly, between your toes. --- Happy Halloween ;) Trump or Treat :-X Link to comment Share on other sites More sharing options...
sleepydragon Posted October 31, 2019 Share Posted October 31, 2019 Added to MO Link to comment Share on other sites More sharing options...
chesko182 Posted November 1, 2019 Share Posted November 1, 2019 Fiat Link to comment Share on other sites More sharing options...
Gregmal Posted November 1, 2019 Share Posted November 1, 2019 Put on a little weekend trade with BRK @214. Link to comment Share on other sites More sharing options...
Cardboard Posted November 4, 2019 Share Posted November 4, 2019 Bought a little bit of SPY puts. It is the wrong time of year to do this (Nov to Apr tend to be strong) and just broke out on chart but, optimism seems a little too strong for my liking. It will be a small hedge/trade. Link to comment Share on other sites More sharing options...
Gregmal Posted November 5, 2019 Share Posted November 5, 2019 Added some VITR.ST Link to comment Share on other sites More sharing options...
John Hjorth Posted November 5, 2019 Share Posted November 5, 2019 Bought a little bit of SPY puts. It is the wrong time of year to do this (Nov to Apr tend to be strong) and just broke out on chart but, optimism seems a little too strong for my liking. It will be a small hedge/trade. This move of yours makes great sense to me personally, Cardboard, It seems like Mr. Market has moved into a state of mania, since the beginning of October. We'll likely just get less returns on our long positions going forward. I have right now a feeling of Deja Vu comparable to what happened mid April 2015. It was basically all downhill from there until the early part of February 2016, October 2015 being quite brutal at some point. - - - o 0 o - - - Unfortunately, I personally can't do something like that, for legal and tax reasons. Link to comment Share on other sites More sharing options...
Spekulatius Posted November 5, 2019 Share Posted November 5, 2019 Bought a little bit of SPY puts. It is the wrong time of year to do this (Nov to Apr tend to be strong) and just broke out on chart but, optimism seems a little too strong for my liking. It will be a small hedge/trade. This move of yours makes great sense to me personally, Cardboard, It seems like Mr. Market has moved into a state of mania, since the beginning of October. We'll likely just get less returns on our long positions going forward. I have right now a feeling of Deja Vu comparable to what happened mid April 2015. It was basically all downhill from there until the early part of February 2016, October 2015 being quite brutal at some point. - - - o 0 o - - - Unfortunately, I personally can't do something like that, for legal and tax reasons. It’s a slow melt up and could go on for a while. I bought a few puts a while ago, which will expire worthless. I think early next year may be a good time to hedge the portfolio again. FWIW, I bought a bit of CTVA finally, as I finally got my price. Link to comment Share on other sites More sharing options...
Broeb22 Posted November 7, 2019 Share Posted November 7, 2019 FSV - nothing special, just like the company, expect to hold for a while, and its better than cash. Link to comment Share on other sites More sharing options...
writser Posted November 7, 2019 Share Posted November 7, 2019 DOVA. I think it's a decent place to park excess cash for a few days. But I'm a sucker for CVR's. Link to comment Share on other sites More sharing options...
Saluki Posted November 7, 2019 Share Posted November 7, 2019 Added to EAF and STNG on the dip today. Link to comment Share on other sites More sharing options...
Castanza Posted November 7, 2019 Share Posted November 7, 2019 Bought some more AYR. Here's hoping this bitch finally bottomed... Looks like it paid off well for you. Nice call! Link to comment Share on other sites More sharing options...
Gregmal Posted November 7, 2019 Share Posted November 7, 2019 Bought some more AYR. Here's hoping this bitch finally bottomed... Looks like it paid off well for you. Nice call! Hardly out of the woods yet, but hoping to get there soon. Link to comment Share on other sites More sharing options...
boilermaker75 Posted November 7, 2019 Share Posted November 7, 2019 Wrote HPQ 19-strike Nov 22 expiration puts for $0.35 per share--a risk arbitrage play. Link to comment Share on other sites More sharing options...
no_free_lunch Posted November 8, 2019 Share Posted November 8, 2019 NHI. Just a defensive pick. Trying to put a bit of my cash to work. Link to comment Share on other sites More sharing options...
frommi Posted November 8, 2019 Share Posted November 8, 2019 LON:IMB, too cheap to pass now. My only concern is that i am nearly 40% in tobacco stocks now. Link to comment Share on other sites More sharing options...
villainx Posted November 10, 2019 Share Posted November 10, 2019 Bought some more AYR. Here's hoping this bitch finally bottomed... Looks like it paid off well for you. Nice call! Hardly out of the woods yet, but hoping to get there soon. If you don't mind, what is the plan for situations like these? Is there a % or price in mind, or something else? I always wonder about these - would you say it's special/unique - situations. Even with a or multiple pop(s), but what is suppose to be the exit? Link to comment Share on other sites More sharing options...
Gregmal Posted November 10, 2019 Share Posted November 10, 2019 Bought some more AYR. Here's hoping this bitch finally bottomed... Looks like it paid off well for you. Nice call! Hardly out of the woods yet, but hoping to get there soon. If you don't mind, what is the plan for situations like these? Is there a % or price in mind, or something else? I always wonder about these - would you say it's special/unique - situations. Even with a or multiple pop(s), but what is suppose to be the exit? Its never really "this" or "that" exactly, if that makes sense. I'll try to explain further the thought process. I really love looking for investments that some may call orphaned, or otherwise just check a lot of boxes in terms of things that put people off for no good reason. So with something like AYR, you have that in spades. Its been covered much more in detail on the AYR thread, but summarizing, you first had the marijuana bubble craze and this was all retail fueled. All institutional or sophisticated investors basically wrote it off then. The bubble popped, and all of the retails folks then took a bath as well. Somewhere in between AYR came along as a SPAC convert. Again, refer to the AYR thread if you wish, but it just made sense for me. The adding into the investment of, which I did plenty of, was a little nuts given the volatility, but I was fortunately to kind of catch the falling knife in bulk closer to the $10 number rather than the mid teens where I took the first tracking position. It's now about a 4-5% position for me, which is a reasonable one. One the technical side, yea theres been a couple days where you've had several $ swings in the share price for no real reason. I typically have a rule of thumb that if anything I buy goes +15-20% or more the same day, just sell it, take the extraordinary gains, and re-evaluate tomorrow, basically in the same exact spot as you were prior, minus your fat one day gain. I don't really have a set price target per say. I think a floor price target would be high teens or so. 7.5x $110M estimated 2020 EBITDA for a growth company like this isn't unreasonable. However on the other hand, I am also inclined to just let things play out and see if they can hit numbers and see where this goes. This is definitely a sector/special situation where you are capable of getting the retail rush back and going whacky; in which case, again AYR, is kind of positioned to be a premier marijuana play vs poo poo like Cronos and Tilray. Link to comment Share on other sites More sharing options...
cameronfen Posted November 11, 2019 Share Posted November 11, 2019 ^ also in a redux i think the other commenters were confused and thought you were talking about Aircastle again. Link to comment Share on other sites More sharing options...
Gregmal Posted November 11, 2019 Share Posted November 11, 2019 ^ also in a redux i think the other commenters were confused and thought you were talking about Aircastle again. Haha, didn't even notice. Wish I bought Aircastle. Link to comment Share on other sites More sharing options...
Gregmal Posted November 11, 2019 Share Posted November 11, 2019 Modestly increased my position in the World's Most Famous Arena @266 Link to comment Share on other sites More sharing options...
Spekulatius Posted November 14, 2019 Share Posted November 14, 2019 Added some MEGACPO.MX as it mysteriously went down ~4% intraday. Another recent buy is HDG.AS ( leading manufacturer of blinds/ window coverings) , a Geoff Gannon / Focusedcompounding Puck. Link to comment Share on other sites More sharing options...
Castanza Posted November 14, 2019 Share Posted November 14, 2019 Starter position in TPL and STOR Link to comment Share on other sites More sharing options...
boilermaker75 Posted November 14, 2019 Share Posted November 14, 2019 Wrote HPQ 19-strike Nov 22 expiration puts for $0.35 per share--a risk arbitrage play. Wrote some HPQ 19.5-strike Nov 29 puts for $0.40 per share. Link to comment Share on other sites More sharing options...
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