LC Posted September 4, 2020 Share Posted September 4, 2020 Indicating you think the sell down is temporary? I am still holding my substantial Visa and Brk LEAPs, but trimmed about 50% of my "Tech" holdings yesterday (Google, MSFT, etc) along with some minor sales (let's call it "pruning") of other stuff. Sadly the main tech stock we own - a 15% position (Will remain nameless) was in a blackout period so I could not sell that. ;D Link to comment Share on other sites More sharing options...
Gregmal Posted September 4, 2020 Share Posted September 4, 2020 Indicating you think the sell down is temporary? I am still holding my substantial Visa and Brk LEAPs, but trimmed about 50% of my "Tech" holdings yesterday (Google, MSFT, etc) along with some minor sales (let's call it "pruning") of other stuff. Sadly the main tech stock we own - a 15% position (Will remain nameless) was in a blackout period so I could not sell that. ;D The timing was fortunate and given how things have played out, I wouldn't be shocked to see things keep heading lower but with the very quick and outsized move I've always found it prudent to rebalance so that when things do settle you arent giving back your gains. For instance the QQQ puts went from 5 to about 12 in a couple days. VIX calls from $3.xx to 9. So take off excess, chuck it into "core" non speculative portion of portfolio, and work the rest to maximize leverage. VIX especially can cause profits to vaporize quickly. 35+ has historically not lasted long. The AAPL as well as most momo has shown a crack. So I think it makes sense that the sell off would play out sooner than later, if indeed its going to be one of those bottom falls out moments. Link to comment Share on other sites More sharing options...
Casey Posted September 4, 2020 Share Posted September 4, 2020 bought some Spotify Link to comment Share on other sites More sharing options...
bizaro86 Posted September 4, 2020 Share Posted September 4, 2020 Switched my BRK call leaps (deep ITM) back to shares. Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 4, 2020 Share Posted September 4, 2020 Bought some PSHZF Link to comment Share on other sites More sharing options...
Every Banana Counts Posted September 4, 2020 Share Posted September 4, 2020 CVS Link to comment Share on other sites More sharing options...
Ice77 Posted September 4, 2020 Share Posted September 4, 2020 JWS - Barry Sternlicht's SPAC Link to comment Share on other sites More sharing options...
Lance Posted September 4, 2020 Share Posted September 4, 2020 This week. Adds: CSCO, DVYE and T New positions: FNV, TPL, WPM and two Matthews China funds Sales: PEP Options: sold HL calls Thanks Lance Link to comment Share on other sites More sharing options...
Spekulatius Posted September 8, 2020 Share Posted September 8, 2020 CRBP Interesting clinical candidate with an unmet need. It looks to me like they will need to raise cash with a secondary very soon though. Word of advice...this is a highly promoted stock at tier 4 brokerage houses and to date, the company has been very eager to use any sort of share price bump to raise capital. Note, that's what they all do, some just more regularly than others. Thanks for the color. I have no idea what a Tier 4 brokerage is, but I suspect that these are the dinky outfits that recommend and pump microcaps? Anyways, the way I see it CR P has maybe 2-3 quarter of cash left, which means that they probably raise in the next 3 month or 6 month at the very latest. Typically buying ahead of a secondary is not a winning proposition. Tier 4 example http://www.teribuhl.com/2019/03/19/honigs-broker-dealer-laidlaw-target-of-fbi-investigation/ Good warning on CRBP https://seekingalpha.com/article/4245168-corbus-ties-suspect-investors-history-failed-clinical-trials-lenabasum I have a bunch of accounts at a lot of different places either personally or for those I oversee. So occasionally the dirty wringer produces "sales leads" which I end up on. No joke I had a fellow maybe 4 years ago call me unsolicitedly and hard selling me some options strategy on....Corbus. At like $8. A few days later in went down like 50%. I have nothing to add as to whether what the actual company is doing will bear fruit. But having been almost exclusively involved in seeking out and doing deep dives and short only candidates earlier in my career, I can tell you that many times, just using guilty by association with some of these names, is all you need to do(outside of securing a borrow and timing the short entry :P) CRBP down to $2.1 ( down 76%) premarket on apparent clinical trial failure. Wheeee! Link to comment Share on other sites More sharing options...
wescobrk Posted September 8, 2020 Share Posted September 8, 2020 JWS - Barry Sternlicht's SPAC Has Barry discussed the industry he might use the funds? Link to comment Share on other sites More sharing options...
Viking Posted September 8, 2020 Share Posted September 8, 2020 CVS, ENB, KW Link to comment Share on other sites More sharing options...
wabuffo Posted September 8, 2020 Share Posted September 8, 2020 LUB at the open - but I may also be selling it today. ??? wabuffo Link to comment Share on other sites More sharing options...
StevieV Posted September 8, 2020 Share Posted September 8, 2020 CVS, ENB, KW Viking, Any thoughts on how and to what extent the virus will impact KW's business? More multi-family in their portfolio than anything, but still have commercial and retail exposure. Multi-family should be less impacted, but some changes from people shifting where they live. Possibly some opportunities as well. SteveV Link to comment Share on other sites More sharing options...
nspo Posted September 8, 2020 Share Posted September 8, 2020 NTDOY, CVS Link to comment Share on other sites More sharing options...
bathtime Posted September 8, 2020 Share Posted September 8, 2020 DMRC. IMO, still cheap even after today's 20% move. Current market cap equivalent to legacy central banks business. Platform optionality starting to come together - of which plastics/recycling is just one of many markets. Baillie Gifford (longterm TSLA investors) owns 6%. https://www.digimarc.com/about/news-events/press-releases/2020/09/08/digimarc-at-center-of-pan-european-development-of-digital-watermarking-for-improved-plastic-sortation-and-recycling Link to comment Share on other sites More sharing options...
Gregmal Posted September 8, 2020 Share Posted September 8, 2020 Bought more 9/25 $100 AAPL puts. Link to comment Share on other sites More sharing options...
Spekulatius Posted September 8, 2020 Share Posted September 8, 2020 NTDOY, CVS CVS getting some love here. I also added a tiny bit. Link to comment Share on other sites More sharing options...
Ice77 Posted September 9, 2020 Share Posted September 9, 2020 JWS - Barry Sternlicht's SPAC Has Barry discussed the industry he might use the funds? "Jaws Acquisition Corp., led by Chairman Barry S. Sternlicht and Chief Executive Officer Joseph L. Dowling, will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, except that it does not intend to pursue real estate, lodging or energy infrastructure assets." Link to comment Share on other sites More sharing options...
petec Posted September 9, 2020 Share Posted September 9, 2020 ATCO, BAM. Link to comment Share on other sites More sharing options...
nspo Posted September 9, 2020 Share Posted September 9, 2020 NTDOY, CVS CVS getting some love here. I also added a tiny bit. I initiated a starter position. Still finishing up my research. Looks compelling at current valuation with mid/high single digit growth. Link to comment Share on other sites More sharing options...
Casey Posted September 11, 2020 Share Posted September 11, 2020 More Dropbox Link to comment Share on other sites More sharing options...
Gregmal Posted September 11, 2020 Share Posted September 11, 2020 Bought some PSTH warrants Link to comment Share on other sites More sharing options...
jgyetzer Posted September 11, 2020 Share Posted September 11, 2020 LILAR. Sucker for a Malone special situation. Link to comment Share on other sites More sharing options...
CorpRaider Posted September 11, 2020 Share Posted September 11, 2020 JBGS, VNO, SLG, EQC, PGRE Link to comment Share on other sites More sharing options...
Lance Posted September 11, 2020 Share Posted September 11, 2020 This week. Adds: BTLCY, DVYE, TPL and WPM New positions: GMOYF (GMO Internet) and GBTC (Grayscale Bitcoin Trust) Options: wrote puts on MMP Thanks Lance Link to comment Share on other sites More sharing options...
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