What are you buying today?

[fareastwarriors]

Nibbled on some NPSNY and PROSY,

Probably too early but it's okay. 

[dalekirkwood]

Not really a value stock but bought Xiaomi - 3CP today. Plan to sell off some of it at 3eur. Been looking at Xiaomi for a while. I bought a load of their Asian market stuff like a steam cleaner, vacuum, robot vacuum, pens, notebooks, defusiers and a few other bits. The quality is good! And not just Chinese good.

 

I will do a write up soon.

[Libs]

GLASF 

[KJP]

Today: Altice USA

 

Over the last few months:

American Outdoor Brands

Leatt Corp.

Turning Point Brands

Nickel 28 Capital Corp.

[dalekirkwood]

19 hours ago, Libs said:

GLASF 

What made you buy this? It seems I am missing something

[formthirteen]

Added to FFH.TO (book value growth and multiple expansion?), SPLK (migration of successful business model to a SaaS model will be more than successful?), and SPOT (founder owned, TAM, TAM, TAM?) yesterday. Bought DG (don't bet against the American consumer?) earlier this week.

[TwoCitiesCapital]

Increased FFH by ~25%. 

 

This thing should be at $600-700/share USD IMO. 

[Gregmal]

Added a nice slug of APTS 1/21/22 $10 calls

[dalekirkwood]

On 7/29/2021 at 6:51 PM, Libs said:

GLASF 

Now I know

[ERICOPOLY]

Doubled my FFH.  @ it’s at 420 USD of all prices.  This is a sign.  Cut back WFC

Edited July 30, 2021 by ERICOPOLY

[ourkid8]

26 minutes ago, ERICOPOLY said:

Doubled my FFH.  @ it’s at 420 USD of all prices.  This is a sign.  Cut back WFC

 

I just did the same trade by eliminating my WFC position and put it into FFH. 

[Libs]

7 hours ago, dalekirkwood said:

What made you buy this? It seems I am missing something

The simplified version is, if all goes well, they'll be growing over a million pounds of weed in a few years, at a cost of $150 a pound. A pound of cannabis in CA goes for $2,000 a pound now. 

Market cap is under $500MM now.

Small, obviously very speculative position. There's a thread. My contention is CA will not suffer from oversupply and the selling price will hold up.

 

 

[TwoCitiesCapital]

7 hours ago, ERICOPOLY said:

Doubled my FFH.  @ it’s at 420 USD of all prices.  This is a sign.  Cut back WFC

 

Put those limit sales in @ $696.96

[formthirteen]

0700.HK and 9988.HK

 

A bit of $FISV. Thank you @KCLarkin

Edited August 3, 2021 by formthirteen
$FISV

[Spekulatius]

Adds to FISV and Prosus /PROHY.

[Gregmal]

rebought a bunch of PSTH warrants. Finally getting appealing on a non-speculative hot potato basis now that the hot money has left. 

[Spekulatius]

NTDOY / Nintendo (starter) and a tracker in ATVI.

[bathtime]

11 hours ago, Gregmal said:

rebought a bunch of PSTH warrants. Finally getting appealing on a non-speculative hot potato basis now that the hot money has left. 

Nice, I started a little high at $4. Benefit I see compared to many other SPACS is that Ackman will more likely be buying an already profitable company. So there’ll be a reasonable growth compounding over five years to support equity/warrant appreciation. 

[gfp]

On 7/27/2021 at 12:47 PM, Gregmal said:

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. 

 

On 7/27/2021 at 11:24 AM, 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.

 

This one was a great heads up - Thanks Gregmal

[Gregmal]

^ No problem. Everyone should have one of these!

 

[Charlie]

Bought some Berkshire b shares. 

 

https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-is-reporting-earnings-on-saturday-heres-what-to-expect-51628176595?siteid=yhoof2

[dalekirkwood]

On 7/30/2021 at 9:37 PM, Libs said:

The simplified version is, if all goes well, they'll be growing over a million pounds of weed in a few years, at a cost of $150 a pound. A pound of cannabis in CA goes for $2,000 a pound now. 

Market cap is under $500MM now.

Small, obviously very speculative position. There's a thread. My contention is CA will not suffer from oversupply and the selling price will hold up.

 

Thanks for getting back to me. I did read a bit more into it, and it's a very interesting proposition. I'd be interested in a small speculative position. Best of luck!

 

[ERICOPOLY]

On 7/24/2021 at 8:45 AM, Gregmal said:

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. 

 

 

I passed a comment like that to our teenagers (4 of them) and they staunchly defended MCD.  I was dumbfounded.

[rkbabang]

13 minutes ago, ERICOPOLY said:

 

I passed a comment like that to our teenagers (4 of them) and they staunchly defended MCD.  I was dumbfounded.

 

I agree with your teenagers.  I'd rather pay to eat McD.  I wouldn't eat at BK if they had an all you can eat for free promotion.  BK is the TacoBell of burger joints, absolutely disgusting.  Although I do prefer Wendy's to McDs.

 

[Gregmal]

LOL yea IDK. I really cant eat that kind of food(or candy for that matter either) anymore. I dont know what it is but something changed when I got older and I just cant. Actually there's one exception. Chick-fil-A I can eat all day. I'll occasionally try...usually prompted by the nostalgia of loving it as a little kid, or as a teenager smoking a ton of weed with my friends and then going to Wendys and getting a half dozen Jr Bacon Cheeseburgers and a couple fries for under $10...but generally even when I push myself to have something, I'll end up taking a few bites and then throwing it out or giving it to my dog. My kids though....love it. Cant pass a BK/MCD/Wendys without soccer game like cheers.