Spekulatius Posted September 1, 2020 Share Posted September 1, 2020 SAP.TO, BCE.TO, SU.TO I know you brought up SAP.TO (Saputo) and it looks interesting, as it is currently valued at a discount to its longer term metrics (EV/EBITDA, EV/ SALES). Looks like a GAARP stock which are hard to find nowadays. Is there any catalyst you can see near term? Looks like the shares have been hit hard by COVID-19 although the business seems to chug along quite well. Link to comment Share on other sites More sharing options...
Gregmal Posted September 1, 2020 Share Posted September 1, 2020 I'm not really buying as much as shifting or repositioning/recycling capital. Ive probably been a net seller/cash builder the past month. Link to comment Share on other sites More sharing options...
Ice77 Posted September 2, 2020 Share Posted September 2, 2020 XONE Borrowed from Catherine Wood (ARK owns 20%) Link to comment Share on other sites More sharing options...
Jurgis Posted September 2, 2020 Share Posted September 2, 2020 XONE Borrowed from Catherine Wood (ARK owns 20%) It might work out, but looking at financials, they haven't grown for last 5 years pretty much. Unless you know the area well, the counterargument is that it's not attractive for growth/momo crowd and the valuation differential will persist. (Growth/momo crowd is not completely stupid. They don't necessarily invest in companies that don't grow.) Link to comment Share on other sites More sharing options...
Gregmal Posted September 2, 2020 Share Posted September 2, 2020 November IWM and QQQ puts Link to comment Share on other sites More sharing options...
Castanza Posted September 3, 2020 Share Posted September 3, 2020 RKT - Rocket Companies Small position Link to comment Share on other sites More sharing options...
alwaysdrawing Posted September 3, 2020 Share Posted September 3, 2020 Sept 9 $60 VIX calls Link to comment Share on other sites More sharing options...
jgyetzer Posted September 3, 2020 Share Posted September 3, 2020 LBRDA Link to comment Share on other sites More sharing options...
Gregmal Posted September 3, 2020 Share Posted September 3, 2020 November IWM and QQQ puts It was the only thing I had on my list of things to do today. Sadly a day late. Congrats on the timing. Thanks. Sold most of these today and rolled a portion down the chain, same November expiration. Also added to AAPL puts. Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 3, 2020 Share Posted September 3, 2020 A bit of MSFT. Link to comment Share on other sites More sharing options...
Spekulatius Posted September 4, 2020 Share Posted September 4, 2020 Added to CVS and a tiny starter in HII. Link to comment Share on other sites More sharing options...
redskin Posted September 4, 2020 Share Posted September 4, 2020 I'm having a tough time finding anything cheaper and safer than WFC.. Link to comment Share on other sites More sharing options...
Cardboard Posted September 4, 2020 Share Posted September 4, 2020 WFC should definitely be on top decile of most attractive list. Link to comment Share on other sites More sharing options...
Gregmal Posted September 4, 2020 Share Posted September 4, 2020 November IWM and QQQ puts It was the only thing I had on my list of things to do today. Sadly a day late. Congrats on the timing. Thanks. Sold most of these today and rolled a portion down the chain, same November expiration. Also added to AAPL puts. Sold the AAPL puts and rolled a portion into closer dated Sept 25s, lightened up on the index puts as well. Bought some BIDU Link to comment Share on other sites More sharing options...
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...
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