Gregmal Posted August 12, 2020 Posted August 12, 2020 Bought a few Oct VIX $35 calls as my August ones roll off worthless. Also bought a small bit of BTI.
LC Posted August 12, 2020 Posted August 12, 2020 Also bought a small bit of BTI Welcome to the club of 5 folks here invested in tobacco. We're always craving the next dividend hit and afraid of cancerous price movement.
perulv Posted August 14, 2020 Posted August 14, 2020 I've been buying Intel in the last days. The low price, high ROA and long term steadily-ish growing earnings was just too tempting. I have no idea if and/or how quickly AMD will continue to steal market share. But then again, that marked will probably continue to grow.
rkbabang Posted August 14, 2020 Posted August 14, 2020 I added a little to UI. They should be releasing earnings soon and with everyone working from home and companies large and small upgrading networking equipment, I think the expected earnings are way too low. Also they have been buying back shares and I expect they bought back a lot when prices were low. Even if I'm wrong about this qrt this is a long term hold for me.
Castanza Posted August 14, 2020 Posted August 14, 2020 I've been buying Intel in the last days. The low price, high ROA and long term steadily-ish growing earnings was just too tempting. I have no idea if and/or how quickly AMD will continue to steal market share. But then again, that marked will probably continue to grow. Same, not to mention there are over a dozen segments which AMD doesn't compete with Intel in.
Saluki Posted August 14, 2020 Posted August 14, 2020 been picking up a little kinder morgan (KMI) whenever it dips below 15. Still a small position, but I think I'll have some time to build on it as I sell off other things i own that get fully priced.
LC Posted August 14, 2020 Posted August 14, 2020 I added a little to UI. They should be releasing earnings soon and with everyone working from home and companies large and small upgrading networking equipment, I think the expected earnings are way too low. Also they have been buying back shares and I expect they bought back a lot when prices were low. Even if I'm wrong about this qrt this is a long term hold for me. Thoughts on competition from cheaper producers (mostly foreign e.g. tp-link)? Ubiquiti makes great products. And I think from an investment perspective they are attractive in certain lights (crackdown on Chinese networking gear, for example). But ultimately how do you get comfortable paying 35-40x earnings for a networking hardware producer? That is what is keeping me from dipping toes in.
rkbabang Posted August 14, 2020 Posted August 14, 2020 I added a little to UI. They should be releasing earnings soon and with everyone working from home and companies large and small upgrading networking equipment, I think the expected earnings are way too low. Also they have been buying back shares and I expect they bought back a lot when prices were low. Even if I'm wrong about this qrt this is a long term hold for me. Thoughts on competition from cheaper producers (mostly foreign e.g. tp-link)? Ubiquiti makes great products. And I think from an investment perspective they are attractive in certain lights (crackdown on Chinese networking gear, for example). But ultimately how do you get comfortable paying 35-40x earnings for a networking hardware producer? That is what is keeping me from dipping toes in. Yes the valuation has gotten a little rich. I bought most of my shares in 2017 and have only added a little bit here and there since. Basically I like the management and the products and how they run such a light operation, yet still manage to compete with the big guys. If it's one mistake I make over and over again it is selling companies that are doing great with management I like because of valuation (like when I bought NFLX under $3 (split adjusted) and sold at $11). I'm trying to learn to add to my winners not sell them every time they seem a little expensive.
Lance Posted August 15, 2020 Posted August 15, 2020 This week I: Added to BTI and Fairfax India, Started a new position in INTC, and Wrote puts on BTI and HL. Thanks Lance
WayWardCloud Posted August 15, 2020 Posted August 15, 2020 Added a little bit to Live Nation (LYV) and Liberty Global (LBTYK)
capitalg Posted August 16, 2020 Posted August 16, 2020 This week I: Added to BTI and Fairfax India, Started a new position in INTC, and Wrote puts on BTI and HL. Thanks Lance Lance, do you mind sharing strike and expiration on the BTI puts you wrote? Thanks!
Lance Posted August 16, 2020 Posted August 16, 2020 Hi capitalg, $35 exp 8/20/21 @ $6.20 Thanks Lance
capitalg Posted August 16, 2020 Posted August 16, 2020 Thanks, I think BTI is interesting around these levels. I don’t have much experience with options, but always interested in learning. Is there a reason you chose that strike? My inclination would have been to go a little out of the money (but again I don’t really have any experience, that was based on an initial gut feel).
Saluki Posted August 19, 2020 Posted August 19, 2020 Added a little to STNG and KMI. Started small positions in MU and ATEX while I do more research.
LC Posted August 20, 2020 Posted August 20, 2020 Starter position in Raytheon (courtesy of Xerxes/Spek in the defense contractor thread - thank you guys for your thoughts, i hope to contribute likewise).
SharperDingaan Posted August 20, 2020 Posted August 20, 2020 Just rolling in trim proceeds, and swing-trade gains from PD, where I have a long-standing position. It will be a while before drilling services return, but in the mean-time I can accumulate a meaningful quantity of shares. I'm fine with a 10x multiple, 7-years out, in a TFSA account. SD
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