Xerxes Posted January 25, 2021 Share Posted January 25, 2021 Sold completely all BB positions Sold UBER completely (had a 40% gain on it) I am an average investor, and when an average investor makes 40% gain on a so-so name like UBER in 14 months it is time to go. Better to sell when you can sell than sell when you want to sell. At $100 billion market cap, UBER has the same market cap than RTX. I had bought UBER few months before the pandemic, and did not add to it in March. Don't know if it is a mistake selling it now, but i needed to lock-in profit in something, and on the quality ladder in my portfolio that was close to lowest. I still like Dara and the work that he is doing, if anyone can it is him. Link to comment Share on other sites More sharing options...
formthirteen Posted January 25, 2021 Share Posted January 25, 2021 Leftovers from March: AMCX, GIL, and GOOS. Plus, some SCHW. Link to comment Share on other sites More sharing options...
fareastwarriors Posted January 25, 2021 Share Posted January 25, 2021 Trimmed some TSLA Will trim more at $1,000 :o Link to comment Share on other sites More sharing options...
Gregmal Posted January 25, 2021 Share Posted January 25, 2021 Exited DDS, FIZZ. Trimmed MSGN. Link to comment Share on other sites More sharing options...
formthirteen Posted January 26, 2021 Share Posted January 26, 2021 Exited 1211.HK and SHAK. I would have liked to hold these two forever but the market is looking a bit stretched ::) Quo Vadis Capital has a nice presentation on SHAK and competitors: http://quovadiscapital.com/wp-content/uploads/sites/92/2019/10/SHAK-presentation-Cyprus-Value-Investor-Conference-Oct-2019.pdf They were right about SHAK when the presentation was published (Oct 2019) and I believe they are right again... Link to comment Share on other sites More sharing options...
compoundinglife Posted January 26, 2021 Share Posted January 26, 2021 Exited 1211.HK and SHAK. I would have liked to hold these two forever but the market is looking a bit stretched ::) I am internally debating what to do about BYD as well. Haven't sold yet, but should probably trim at a minimum. It has gotten big. Was there in anything in particular that made you pull the trigger? Link to comment Share on other sites More sharing options...
Castanza Posted January 26, 2021 Share Posted January 26, 2021 USB, PNC, AAPL, PLNT Link to comment Share on other sites More sharing options...
formthirteen Posted January 26, 2021 Share Posted January 26, 2021 I am internally debating what to do about BYD as well. Haven't sold yet, but should probably trim at a minimum. It has gotten big. Was there anything in particular that made you pull the trigger? I tried not to sell too early, but my strength failed me today. The stock is up ~500%, so it was simply time for me to leave the party while the music is playing. BYD is still a great company. Nothing has changed. BYD's future is perhaps brighter than I imagined. I still think the company is China's version of TSLA. Link to comment Share on other sites More sharing options...
ourkid8 Posted January 27, 2021 Share Posted January 27, 2021 Liquidated my BB holdings at $27.50 with a cost basis of $5.89. What an amazing ride and thank you WSB!!! Link to comment Share on other sites More sharing options...
DooDiligence Posted January 27, 2021 Share Posted January 27, 2021 Liquidated my BB holdings at $27.50 with a cost basis of $5.89. What an amazing ride and thank you WSB!!! Is this you Prem? ;D Link to comment Share on other sites More sharing options...
drzola Posted January 27, 2021 Share Posted January 27, 2021 Nope! Now if only PDH would do something right for once eh OurKid? Ha! Link to comment Share on other sites More sharing options...
ourkid8 Posted January 27, 2021 Share Posted January 27, 2021 Maybe :) hahahha -kidding! I am dying for the FFH conference call to see how Prem capitalized on this Casino. Liquidated my BB holdings at $27.50 with a cost basis of $5.89. What an amazing ride and thank you WSB!!! Is this you Prem? ;D Link to comment Share on other sites More sharing options...
ourkid8 Posted January 27, 2021 Share Posted January 27, 2021 I am pretty much out of PDH and sold the remaining earlier this week. I did roll the cash into FFH and will enjoy the ride up as this Q will be incredible and the moves in BB has not been reflected in the stock yet! PDH has been a terrible investment and a learning experience. Nope! Now if only PDH would do something right for once eh OurKid? Ha! Link to comment Share on other sites More sharing options...
LC Posted January 27, 2021 Share Posted January 27, 2021 Trimmed some IRM. Link to comment Share on other sites More sharing options...
sarganaga Posted January 27, 2021 Share Posted January 27, 2021 Sold the last of Schwab US Dividend Equity (SCHD) which gets me completely out of US equities, although I still have about 10% 1n energy royalty trusts. Link to comment Share on other sites More sharing options...
compoundinglife Posted January 27, 2021 Share Posted January 27, 2021 Sold a bunch of BYDDY at the open. Got too big, still holding a decent chunk. Link to comment Share on other sites More sharing options...
formthirteen Posted January 27, 2021 Share Posted January 27, 2021 Exited SCHW and KINV-B.ST. Link to comment Share on other sites More sharing options...
Viking Posted January 28, 2021 Share Posted January 28, 2021 Sold some FFH; decided it was time to lock in some nice 20% gains. The last three months has been a moon shot for investors. I have been locking in gains the past week or so and am now at 65% cash. My top 3 holdings are FFH, SAP.TO and BRK. I think all three are cheap (Fairfax was back up the truck cheap back in October). The overall market is starting to look pretty frothy. Yesterday we saw some actual fear in the markets for the first time in months. The WallStreetBets worm looks like it may have turned today; what happens to the overall market when the GME type trades reverse and there is blood in the streets? It is coming we just don’t know the timing :-) The news on the virus front (UK, South African and Brazil mutations) has also been a little concerning; need to better understand what is going on and if it impacts the 2H recovery thesis. Bottom line, happy to book some solid gains and watch from the sidelines :-) Link to comment Share on other sites More sharing options...
Castanza Posted February 3, 2021 Share Posted February 3, 2021 Closed BATRK Link to comment Share on other sites More sharing options...
willie2013 Posted February 3, 2021 Share Posted February 3, 2021 Sold some of the pot positions bought before the elections (not a political post or meant to offend ). Link to comment Share on other sites More sharing options...
EricSchleien Posted February 3, 2021 Share Posted February 3, 2021 Sold some more GME 5 and 5.5 Puts Link to comment Share on other sites More sharing options...
wescobrk Posted February 3, 2021 Share Posted February 3, 2021 I bought some Churchill Capital around $18. I thought about selling some but didn't pull the trigger thinking the deal with Lucid will probably go through. Time will tell if this was a mistake not to sell. Link to comment Share on other sites More sharing options...
Mephistopheles Posted February 4, 2021 Share Posted February 4, 2021 Sold some more GME 5 and 5.5 Puts Nice, what dates? I sold some Nov $4.50 and July $3 last week. And then some July $.50 for $.05 which I think is a steal. What are your thoughts on valuation? Unless it goes bankrupt I think those $.50 ones are easy money and a 10% return on notional in 6 months. Link to comment Share on other sites More sharing options...
compoundinglife Posted February 4, 2021 Share Posted February 4, 2021 Sold some more GME 5 and 5.5 Puts Nice, what dates? I sold some Nov $4.50 and July $3 last week. And then some July $.50 for $.05 which I think is a steal. What are your thoughts on valuation? Unless it goes bankrupt I think those $.50 ones are easy money and a 10% return on notional in 6 months. Was also doing this last week. Got .10 for the July $1 strikes. Link to comment Share on other sites More sharing options...
Mephistopheles Posted February 4, 2021 Share Posted February 4, 2021 Sold some more GME 5 and 5.5 Puts Nice, what dates? I sold some Nov $4.50 and July $3 last week. And then some July $.50 for $.05 which I think is a steal. What are your thoughts on valuation? Unless it goes bankrupt I think those $.50 ones are easy money and a 10% return on notional in 6 months. Was also doing this last week. Got .10 for the July $1 strikes. Nice. I want to put on bear put spreads but the IV and the premium differentials between various strikes is still really high. Can't figure out how to make big money on this, other than the small amounts made with these abovementioned trades. Link to comment Share on other sites More sharing options...
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