sleepydragon

Her attractive daughters should be around 50-60 years old..

Wow, these are quite harsh words coming from WEB about current administration and political environment.

A slightly cheaper way to own CVX. Companies like CVX shall have less downside (compared to techs and financial) if we have a imminent recession

Started a new position in HES

Geez, i am up 8% in about one week time since I bought after MW report. This is so much better than M$A arbitrage.. I hope MW can do this more , 8% annualized will be… 400%?! Lol

The thing is there won’t be any short squeeze.. Maybe MW is shorting, but if so they don’t have much money and if they have clients , those clients are not shorting, at least don’t seems so right now. They either have already tried and got burned in Jan, or they will try again after earning

Added to PARA

Finish selling most of my Spirits, only 1/6 of the original positions left to wait for the appeal result

The bank who wrote the swap can cross with other clients a bit, so it won’t show on the market, but that’s for small trades only. if it’s big size, the bank will have to sent that out to the market.

Before 11/27, it was less than 60m. After 11/27, it popped to $100-150m. Then back to $50m in 2024 till popping a lot around 1/16

Between 1/16-1/22, it peaked at $700m. And then after 1/23. it went down steadily to $100m. Yesterday it “popped” to $130m. there are certain institutional data feed you can get these daily or even hourly.

I have access to short interest data. It seems someone put on big short position after 20231127, and then covered on 20231227. Then resumed shorting (at much smaller size) around 1/17. There’s actually not much shorting now. I suspect MW has a small short position , or if they had a client who co-shorted, that client covered last year.

GE CEO thinking : “MW, you son of b** leave me out of this”

It’s OTC (not ADR), so it should be 100% initial margin. Could be ibkr made a mistake..

What’s the ticket for ADR?

FRFHF sold at 820, now back in at 920 last time when I sold at 820, my pregnant wife was so angry she almost want to kill me.

have you looked at BANC of California? it’s trading below tbv and 7x management guided pe. I think the stock hasn’t moved much yet because even the management is not sure what the future earning is going to stabilize at yet (they just closed the deal with PACW), and of course they are very small . anyone has options about it?

One thing Biden is similar to Xi is that both have no intelligence and is mostly influenced by different groups of ideologists around them.

BRK — 100% of my retirement fund, 50% none retirement. Never sold a single share except in 2013. Para — I am still holding because I am subscribed to paramount+ and it’s actually pretty good (I tried Netflix and Prime, get bored after a while). After all, the Shari and Buffett bought at $30.. SAVE — it has become a much less important part of my portfolio after its weight has “passively” dropped by 50%… and after I sold about 1/3 of it. Yellow Corp — It’s a forced bankruptcy that could be 0 or 100-200% return, depending on a litigation outcome (specifically, if the union’s multi employer pension fund can get paid from the bankruptcy even after they already made whole by govt bailout which paid them $30bn). The remaining ones are: BUR UNTC OXY CPRI ACI

Yeah, I consider myself a cigarbutt investor now after recently betting on certain merger arb deal

bought some BUR on Friday

I am tempted to buy more. Although the stock price is so much higher than a few months ago, but new information such as the prices they are getting in auctions didn’t come in till early December. Price is higher but uncertainty is lower. Also, yesterday , someone (seems a real estate focused hedge fund) bought 5% of it, which is 20% of available float. This reminds me many years ago of LVS (las Vegas sands). It went down to $1. I bought at $2 and then $4, and sold at $7, and the stock eventually went to $40. (Yellow is of course has lower upside because it’s a liquidation..)

cheer! I am still holding! I think they have a court date in Feb (I need to dig a bit more)

deal announced. This is my first liquidation play. Wow, I must say this can become quite addictive. 5% for me on this stock in less than 2 weeks.