Castanza Posted April 14, 2020 Share Posted April 14, 2020 No position: Buyer 100,000 $SLV Jan2021 $30/$35 bull call spreads for 14 cents potential 3500% return if it hits ---Silver https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart This seems to be a play on endless QE obviously. Silver traded way up in 2010-2011 after QE2. Tempting for gamble. I hope it was nothing but congressional members ;D Link to comment Share on other sites More sharing options...
alwaysdrawing Posted April 14, 2020 Share Posted April 14, 2020 Buying a basket of tankers (Crude & products): ADS NO DHT DSSI EURN INSW NNA STNG TNP Supercontango looks like a sure thing, now that everyone is waking up and realizing that the OPEC cuts were a farce and much less than the drop in global oil demand. Oil down, VLCC rates up, and I expect both to continue along those paths. why not TNK? No special reason. Fits with the trade. Link to comment Share on other sites More sharing options...
patterson Posted April 14, 2020 Share Posted April 14, 2020 No position: Buyer 100,000 $SLV Jan2021 $30/$35 bull call spreads for 14 cents potential 3500% return if it hits ---Silver https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart This seems to be a play on endless QE obviously. Silver traded way up in 2010-2011 after QE2. Tempting for gamble. Silver is an interesting idea. Like gold, I think it’s very misunderstood. It’s an asset that people don’t have much use for during times of monetary stability. And it isn’t a good hedge against steady inflation in a fairly stable monetary environment; I’d much rather outpace inflation by owning businesses that grow over the long run. The price of silver, to the extent that its driven by non-industrial demand, is very psychological. Thus, it seems to be a good hedge against a very specific kind of risk: a loss of faith in the currency/fed. If you think that such a risk is not being appreciated by the market, owning silver could make sense. Precious metals are “things” that can’t truly be valued, and this explains most value investors’ aversion to them. All of the arguments for owning silver are really the same whether it’s 15 dollars or 100 dollars an ounce. At the same time, precious metals are ridiculed by much of the public; pension funds barely have exposure, if any; retirement plans don’t offer it; and most financial advisors would probably laugh at you if asked them about gold. And, until recently, a person would have needed to search for fringe articles on the internet to find a pro-gold perspective. All of these things lead me to believe that metals are probably under owned. Link to comment Share on other sites More sharing options...
patterson Posted April 15, 2020 Share Posted April 15, 2020 WFC, WFC January 2022 27.50 calls (purchased last week around 5.95), FRFHF. Link to comment Share on other sites More sharing options...
plato1976 Posted April 15, 2020 Share Posted April 15, 2020 JPM just said it would suspend dividend if situation turns much worse WFC, WFC January 2022 27.50 calls (purchased last week around 5.95), FRFHF. Link to comment Share on other sites More sharing options...
sleepydragon Posted April 15, 2020 Share Posted April 15, 2020 No position: Buyer 100,000 $SLV Jan2021 $30/$35 bull call spreads for 14 cents potential 3500% return if it hits ---Silver https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart This seems to be a play on endless QE obviously. Silver traded way up in 2010-2011 after QE2. Tempting for gamble. Silver is an interesting idea. Like gold, I think it’s very misunderstood. It’s an asset that people don’t have much use for during times of monetary stability. And it isn’t a good hedge against steady inflation in a fairly stable monetary environment; I’d much rather outpace inflation by owning businesses that grow over the long run. The price of silver, to the extent that its driven by non-industrial demand, is very psychological. Thus, it seems to be a good hedge against a very specific kind of risk: a loss of faith in the currency/fed. If you think that such a risk is not being appreciated by the market, owning silver could make sense. Precious metals are “things” that can’t truly be valued, and this explains most value investors’ aversion to them. All of the arguments for owning silver are really the same whether it’s 15 dollars or 100 dollars an ounce. At the same time, precious metals are ridiculed by much of the public; pension funds barely have exposure, if any; retirement plans don’t offer it; and most financial advisors would probably laugh at you if asked them about gold. And, until recently, a person would have needed to search for fringe articles on the internet to find a pro-gold perspective. All of these things lead me to believe that metals are probably under owned. I will add there is no silver mines. Silver are produced as a by products from other mines. But I have no positions. Link to comment Share on other sites More sharing options...
tgc Posted April 15, 2020 Share Posted April 15, 2020 TAO (Tag Oil): 0.17 CAD of net cash per share, a royalty stream for free (yielding 11% on average at the current price of 0.10 CAD per share) and all of their Australian assets for free. Link to comment Share on other sites More sharing options...
LC Posted April 15, 2020 Share Posted April 15, 2020 Over the last 1.5 weeks I dipped the toes into: goog ; wfc ; tfsl ; xom ; nlsn & mo (told myself i wouldn't but so cheap...) ; irm Some of these were repeat customers. At about 10% cash and can raise more if necessary over the coming months. Link to comment Share on other sites More sharing options...
KJP Posted April 16, 2020 Share Posted April 16, 2020 Moved a bit from Charter to Comcast for reasons explained here: https://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/cmcsa-comcast-nbcuniversal/msg409247/#msg409247 Link to comment Share on other sites More sharing options...
sleepydragon Posted April 16, 2020 Share Posted April 16, 2020 sold some PM to fund JPM debating if I shall sell WFC and buy BAC Link to comment Share on other sites More sharing options...
Gregmal Posted April 20, 2020 Share Posted April 20, 2020 MSGE Link to comment Share on other sites More sharing options...
Lance Posted April 20, 2020 Share Posted April 20, 2020 small add to WFC Thanks Lance Link to comment Share on other sites More sharing options...
sleepydragon Posted April 21, 2020 Share Posted April 21, 2020 Bought Googl, fb, tjx, dis , ea Link to comment Share on other sites More sharing options...
Guest Schwab711 Posted April 21, 2020 Share Posted April 21, 2020 MSGE Same Link to comment Share on other sites More sharing options...
Spekulatius Posted April 21, 2020 Share Posted April 21, 2020 Bought back some RHM.DE (German industrial conglomerate with interesting defense and automobile supplier). It’s a bit similar to General Dynamics, but cheaper. I also bought a starter in RE (reinsurance). Link to comment Share on other sites More sharing options...
JSArbitrage Posted April 21, 2020 Share Posted April 21, 2020 Energy prefs and debt. Link to comment Share on other sites More sharing options...
petec Posted April 21, 2020 Share Posted April 21, 2020 Energy prefs and debt. Specifically? Link to comment Share on other sites More sharing options...
sleepydragon Posted April 22, 2020 Share Posted April 22, 2020 ADP and DIS Link to comment Share on other sites More sharing options...
bskptkl Posted April 22, 2020 Share Posted April 22, 2020 TORW 100 shares at 35, then 180 shares at 25. wtf - a price last seen in 2005 Link to comment Share on other sites More sharing options...
plato1976 Posted April 23, 2020 Share Posted April 23, 2020 Bank has been weak since the market low, and WFC was esp. weak. High probability there is another leg down from this level small add to WFC Thanks Lance Link to comment Share on other sites More sharing options...
Spekulatius Posted April 23, 2020 Share Posted April 23, 2020 Bought a bit of CB (insurer) Link to comment Share on other sites More sharing options...
sleepydragon Posted April 24, 2020 Share Posted April 24, 2020 A bit of BAM and VNO Link to comment Share on other sites More sharing options...
kab60 Posted April 24, 2020 Share Posted April 24, 2020 Asbury Automotive Link to comment Share on other sites More sharing options...
valueinvestor Posted April 24, 2020 Share Posted April 24, 2020 GoEasy GoEasy Debentures Link to comment Share on other sites More sharing options...
keerthiprasad Posted April 24, 2020 Share Posted April 24, 2020 Tco perfs Link to comment Share on other sites More sharing options...
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