Lance Posted September 2, 2015 Share Posted September 2, 2015 XIV (VelocityShares daily inverse VIX short term ETN) Thanks Lance Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 3, 2015 Share Posted September 3, 2015 Sold OCT 16 puts against ACI @ 4 for $1.00 Link to comment Share on other sites More sharing options...
Guest Schwab711 Posted September 3, 2015 Share Posted September 3, 2015 MON Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 9, 2015 Share Posted September 9, 2015 1) Sold KXM @ CAD 0.61. Mostly a cash holding company for mineral investments. I purchased at $0.48 a few months back and am happy to take 25% off the table to redeploy in other areas of the market. 2) BSBR @ 3.78 - Brazilian banks are cheap. Link to comment Share on other sites More sharing options...
CorpRaider Posted September 9, 2015 Share Posted September 9, 2015 WMB Link to comment Share on other sites More sharing options...
jouni1 Posted September 11, 2015 Share Posted September 11, 2015 CFX Link to comment Share on other sites More sharing options...
Lance Posted September 14, 2015 Share Posted September 14, 2015 BP and RDS-b. Thanks, Lance Link to comment Share on other sites More sharing options...
DTEJD1997 Posted September 18, 2015 Share Posted September 18, 2015 Hey all: Bought a full position in PNNT at $6.76/share. market is acting silly again. Link to comment Share on other sites More sharing options...
drzola Posted September 18, 2015 Share Posted September 18, 2015 Berkshire 2017 leaps and USD at opening Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 18, 2015 Share Posted September 18, 2015 Shorted some SPY shares. Yesterday's failure to close above 2000, along with slipping below long-term moving averages, on the S&P gives me some comfort that the momentum is firmly downwards with prior supports acting as resistance. Options are still expensive so I haven't re-initiated my puts after selling for a sizable gain. To recap: 1) Fundamentally expensive 2) Earnings growth likely to shift negative on stronger dollar 3) If wages pick up (I doubt they will, but is the bull case for the economy), then margins will likely be pressured exacerbating #2 4) Globe seems dangerously close of falling into a global recession. It's not a huge position - just something to give me a little comfort knowing that I'm profiting some if I'm right as opposed to sitting on the sidelines. Will switch to options if I can eventually get back into some LEAPS for a reasonable premium/implied vol. Link to comment Share on other sites More sharing options...
no_free_lunch Posted September 18, 2015 Share Posted September 18, 2015 Hey all: Bought a full position in PNNT at $6.76/share. market is acting silly again. Best of luck to you, will probably buy more on Monday if still at these levels. It did go ex-divvy the other day which is part of the drop but still very cheap. Dividend yield is 16.5% and 50% to get back to NAV. I just keep wondering if there is some news I am not aware of. Other BDC's arent' crashing. Link to comment Share on other sites More sharing options...
kab60 Posted September 18, 2015 Share Posted September 18, 2015 More BRK, BAC and Fossil (and thanks for all the BRK loving)! Link to comment Share on other sites More sharing options...
eclecticvalue Posted September 18, 2015 Share Posted September 18, 2015 Hey all: Bought a full position in PNNT at $6.76/share. market is acting silly again. Good Buy!!! I would highly suggest anyone looking to buy PNNT. Buy PNNT on Monday. Link to comment Share on other sites More sharing options...
apparat Posted September 18, 2015 Share Posted September 18, 2015 I decided to allocate a significant portion of my portfolio to run a statistical/mechanical investing strategy that get into stocks to build a diversified basket over time. For the first batch, I bought: Net 1 UEPS Technologies (UEPS) Naikai Trans Line (9384.JP) Nakano Corp (1827.JP) Service Strem Limited (SSM.AX) Constructions Industrielles d l Mdtrn (COM.PA) Link to comment Share on other sites More sharing options...
frommi Posted September 21, 2015 Share Posted September 21, 2015 FFH Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 22, 2015 Share Posted September 22, 2015 Sold VALE 11/20/15 PUTS @ 4 for $0.25 Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 24, 2015 Share Posted September 24, 2015 Shorted some SPY shares. Yesterday's failure to close above 2000, along with slipping below long-term moving averages, on the S&P gives me some comfort that the momentum is firmly downwards with prior supports acting as resistance. Options are still expensive so I haven't re-initiated my puts after selling for a sizable gain. To recap: 1) Fundamentally expensive 2) Earnings growth likely to shift negative on stronger dollar 3) If wages pick up (I doubt they will, but is the bull case for the economy), then margins will likely be pressured exacerbating #2 4) Globe seems dangerously close of falling into a global recession. It's not a huge position - just something to give me a little comfort knowing that I'm profiting some if I'm right as opposed to sitting on the sidelines. Will switch to options if I can eventually get back into some LEAPS for a reasonable premium/implied vol. Sold VALE 11/20/15 PUTS @ 4 for $0.25 Doubled my SPY short today. Also sold FCAU 11/20/15 PUTS @12 for $0.60. Now I've got around a 4-5% outright short, another 7% or so in cash, 10% or so in Fairfax, and have selectively sold calls against positions to generate yield as prices fall. Will continue to add to the short position if my various cash-covered puts are exercised. Link to comment Share on other sites More sharing options...
ourkid8 Posted September 24, 2015 Share Posted September 24, 2015 Added to my IBM position by 35%. It's growth initiatives looks very promising! (Security, analytic, AI and cloud) The transition is slowly taking place so while waiting I am enjoying a 3.5% dividend + $6B in share repurchases a year. Prem/Buffett have very large position as well so it adds to my reassurance they are going in the right direction. Link to comment Share on other sites More sharing options...
Mephistopheles Posted September 24, 2015 Share Posted September 24, 2015 Added to my IBM position by 35%. It's growth initiatives looks very promising! (Security, analytic, AI and cloud) The transition is slowly taking place so while waiting I am enjoying a 3.5% dividend + $6B in share repurchases a year. Prem/Buffett have very large position as well so it adds to my reassurance they are going in the right direction. Eddie Lampert also has a large position; but that's a negative since he only invests in companies that are going in the wrong direction. Link to comment Share on other sites More sharing options...
Lance Posted September 24, 2015 Share Posted September 24, 2015 EWP and KMI. Thanks, Lance Link to comment Share on other sites More sharing options...
Gopinath Posted September 24, 2015 Share Posted September 24, 2015 Mephistopheles, Where do you see Eddie's position in IBM? I am curious to learn. Thanks! Link to comment Share on other sites More sharing options...
ourkid8 Posted September 24, 2015 Share Posted September 24, 2015 It looks like he sold his position. Mephistopheles, Where do you see Eddie's position in IBM? I am curious to learn. Thanks! Link to comment Share on other sites More sharing options...
Mephistopheles Posted September 24, 2015 Share Posted September 24, 2015 It looks like he sold his position. Mephistopheles, Where do you see Eddie's position in IBM? I am curious to learn. Thanks! Oops, nevermind, time to go long IBM! :) Link to comment Share on other sites More sharing options...
SI Posted September 24, 2015 Share Posted September 24, 2015 PICO Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 25, 2015 Share Posted September 25, 2015 Shorted some SPY shares. Yesterday's failure to close above 2000, along with slipping below long-term moving averages, on the S&P gives me some comfort that the momentum is firmly downwards with prior supports acting as resistance. Options are still expensive so I haven't re-initiated my puts after selling for a sizable gain. To recap: 1) Fundamentally expensive 2) Earnings growth likely to shift negative on stronger dollar 3) If wages pick up (I doubt they will, but is the bull case for the economy), then margins will likely be pressured exacerbating #2 4) Globe seems dangerously close of falling into a global recession. It's not a huge position - just something to give me a little comfort knowing that I'm profiting some if I'm right as opposed to sitting on the sidelines. Will switch to options if I can eventually get back into some LEAPS for a reasonable premium/implied vol. Sold VALE 11/20/15 PUTS @ 4 for $0.25 Doubled my SPY short today. Also sold FCAU 11/20/15 PUTS @12 for $0.60. Now I've got around a 4-5% outright short, another 7% or so in cash, 10% or so in Fairfax, and have selectively sold calls against positions to generate yield as prices fall. Will continue to add to the short position if my various cash-covered puts are exercised. Sold BBRY 11/20/15 PUTS @ $7 for $0.67. Continuing to pair increase in short exposure with short-term cash secured puts. May short more SPY if we get back above 200 level. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now