What are you buying today?

[n.r98]

1 hour ago, Spekulatius said:

A starter in FISV and a small add to VNT.

 

Consider a look at Israeli based payment co, Shva.

[Spekulatius]

8 hours ago, n.r98 said:

 

Consider a look at Israeli based payment co, Shva.

re SHVA - I have it on my watch list. I think it has been a Kuppy pick, or someone else from FinTwit. it seems to trade at roughly similar metrics than FISV, but with better growth.

I did not feel that the risk from the “antitrust” like lawsuit from the regulator and the fact that it operates in a not so geopolitical stable area (Israel) makes it that great of a bargain.

[Gregmal]

1/21/22 $12.50 APTS calls. 

[fareastwarriors]

Been averaging down on my BTC and ETH holdings

[Gregmal]

On 4/22/2021 at 1:19 PM, LC said:

I did the same. Prefer puts but the premium is a bit high.

NFLX has quite a bit of headwinds ahead of it. Competition is not going anywhere and will just intensify, I am not sure where they can squeeze additional growth, and with COVID winding down, my guess is more people would prefer to be outside vs. their living room.

I also rarely short so this is a smaller % of the portfolio compared to Greg's above.

Horrible numbers. Can't believe people are actually buying this here. 

[Gregmal]

Got loose confirmation that there is indeed some retard with a semi sized fund liquidating MSGE, so Im buying more. Added little bit more ALCO as well. Shorted more CLF puts.

[rkbabang]

Added to BTC, ETH, BRKB, and ALCO

[dalekirkwood]

17 hours ago, Gregmal said:

Got loose confirmation that there is indeed some retard with a semi sized fund liquidating MSGE, so Im buying more. Added little bit more ALCO as well. Shorted more CLF puts.

MSGE Wasn't on my radar. After having a good look, that can be added to my buy list! Thanks!

[boilermaker75]

The usual, wrote some BRKB 277.5 puts that expire today.

 

edit $0.41 per share

Edited July 23, 2021 by boilermaker75

[matthew2129]

Bit of MCHI and COIN

[Gregmal]

CRBU

[aws]

Wrote some GOTU Aug 2.50 puts. Very speculative, but it's a 15% return in just four weeks, and I have to think they'll still be at least some hope by then that shareholders won't be wiped out by the CCP. I've had good luck in the past writing OTM puts on absolute trash stocks like Luckin Coffee, or massively overvalued ones like GME and AMC, and hoping that streak continues.

[Gregmal]

Bought some food for the kids on the way to the shore this morning. When the heck did McDonalds become so expensive? Ordered 2 hash browns(used to be .99 each) and a sausage egg and cheese(IIRC always like $3...was featured in the Buffett HBO doc!) and it was $8.30! Then went across to Burger King and got a jr cheeseburger, 10 piece chicken nuggets(same 10 piece nugget at MCD are like $5), a rodeo burger, small fries, mozzarella sticks, and a chocolate milk...for $8.74. 

 

I dont know why anyone would ever eat at MCD...only attraction used to be how cheap the food is. Now the same dogshit, plastic play food is more expensive than Burger King or Wendys and both of the later choices are significantly better quality. 

 

[Spekulatius]

Bought some MEGACPO again (Mexican cable co). The first time didn’t work out as I sold when Mexico went into a COVID-19 tailspin. Perhaps now the second time does the trick.

 

Seems eternally cheap though.

[bathtime]

On 7/23/2021 at 12:27 PM, Gregmal said:

CRBU

What’s your thesis on CRBU in relation to other CRISPR companies? Thanks!

[lnofeisone]

Bought some KWEB and UNG puts. 

[matthew2129]

PRX

[Gregmal]

4 hours ago, bathtime said:

What’s your thesis on CRBU in relation to other CRISPR companies? Thanks!

 

Caribou has long been a private market white whale of mine. I generally have pretty good luck snagging private shares in companies I like but this one always evaded me, including a few ROFRs. I wrote up the entire CRISPR theme here some years ago, and like most wildly successful investments here, it was largely an unpopular thread and IIRC met with a lot of skepticism or critique. At the time, you could buy every real public market CRISPR play for a valuation of less than $5B. Today that number is north of $40B or so. Theres been some major developments, but in terms of the players, the main thing is that EDIT is an established turd and NTLA has made some serious progress. 

 

The only two major players that Im aware of that remained non public were Caribou and Synthego. So now that CRBU is public I just bit the bullet and bought a position. I dont even think the valuation, net cash, is that egregious. Caribou has always kind of been more secretive and stands out IMO as having the greatest IP protections and pipeline to new CRISPR uses through the platform along with maybe BEAM.

[Lance]

BABA

 

Thanks

Lance

[bathtime]

5 hours ago, Gregmal said:

 

Caribou has long been a private market white whale of mine. I generally have pretty good luck snagging private shares in companies I like but this one always evaded me, including a few ROFRs. I wrote up the entire CRISPR theme here some years ago, and like most wildly successful investments here, it was largely an unpopular thread and IIRC met with a lot of skepticism or critique. At the time, you could buy every real public market CRISPR play for a valuation of less than $5B. Today that number is north of $40B or so. Theres been some major developments, but in terms of the players, the main thing is that EDIT is an established turd and NTLA has made some serious progress. 

 

The only two major players that Im aware of that remained non public were Caribou and Synthego. So now that CRBU is public I just bit the bullet and bought a position. I dont even think the valuation, net cash, is that egregious. Caribou has always kind of been more secretive and stands out IMO as having the greatest IP protections and pipeline to new CRISPR uses through the platform along with maybe BEAM.

 

Thanks, that's great color on both Caribou and other CRISPR names! Appreciate it. And really interesting to hear that you've been tracking it for so long — and rate the IP as quality. 

[valueinvestor]

Why CNTWW as opposed to NYSE: AMR? I was in contura before they changed the name. This is so strange, I'm sure there's a reason?

[rkbabang]

Since my last post on Thursday:

 

Bought: FRFHF (fist time I've owned it in quite a few years) & CRBU

Added to: ALCO, ATCO, APTS,  & NVDA

Sold all: FB & GOOGL.

Sold some: AXON, NTAP, PSTH, MSTR, & TRUP
 

[ourkid8]

I just sold SmartCentres after a 20% gain and put the proceeds into FFH.  

[bathtime]

15 hours ago, bathtime said:

 

Thanks, that's great color on both Caribou and other CRISPR names! Appreciate it. And really interesting to hear that you've been tracking it for so long — and rate the IP as quality. 

 

At $16/share, if underwriters exercise their option for additional shares, CRBU has market cap of approx. $916m with cash of approx. $398m. Seems like a relative value compared to other CRISPR companies.

[Gregmal]

1 hour ago, bathtime said:

 

At $16/share, if underwriters exercise their option for additional shares, CRBU has market cap of approx. $916m with cash of approx. $398m. Seems like a relative value compared to other CRISPR companies.

Yea the bankers quite regularly seem to fall back on internal models which price these based on what phase a biotech company is in or how far away they are from generating revenue. Same thing happened with BEAM and not much later it was a 5 bagger. Not saying the same occurs with CRBU, but what I will say is that I would have paid more than the current market cap to own shares pre IPO. So I like it here. Doesnt take much to start moving the needle, as we just saw with NTLA the past year.