What are you buying today?

[KJP]

Comcast

Swedish Match

 

[Gregmal]

MSGE, MSGS

[Red Lion]

Recycled proceeds from SAM and SFTBY into BRKB and harvested a small short term loss. Several of you have convinced that there are better ways to play the SAM game through options, and it's certainly not screamingly cheap at these prices, although I do believe in the long term future of this business and they seem to earn better ROIC up until this most recent hard seltzer fiasco. SFTBY I continue to want some exposure to, and this may be very poor timing. 

 

Also added a few more shares of APO after rolling my 1/20/23 APO puts to a higher strike price for a credit. 

Edited December 9, 2021 by RedLion

[KJP]

Nickel 28 Capital Corp.

[Spekulatius]

Adds: CMCSA, TPB

new: LBRDA

[bennycx]

On 11/15/2021 at 11:26 PM, irnovo said:

I'll suggest reading two writeups on VIC, https://www.valueinvestorsclub.com/

For me, I am mostly looking at bigger picture and downside protection. Plasma protein market will continue to grow for the foreseeable future. GRFS is in plasma protein oligopoly. Debt is being used to acquire smaller players in the market. The cost of debt is low, indicating no worries that company will not be able to debt/interest. I don't see a scenario where rev does not grow or margins suppress. The risk is that gene editing tech (CRISPR etc) makes plasma protein therapies obsolete, but that is really far in my opinion. Recent weakness in share price is due to debt and dividend cut. My time horizon and expectation is a double in 5 years.

 

what do you think of the strategic investment from GIC where they are using high cost "debt" although longer duration to repay back low cost debt?

[Broeb22]

Bought CURV after earnings and LESL

[Gregmal]

Larger than normal sized starts in Nintendo and T, also added to MSGS and AAPL puts

[rkbabang]

Sold 10% of AAPL and purchased out of the money AAPL puts.  Also some way out of the money PTON puts. (see my post in the Peloton thread).

Edited December 13, 2021 by rkbabang

[Gregmal]

Rebought some PSTH. Free money. 

[boilermaker75]

BTC my 70-strike December MSGE puts for $5.30 and STO 70-strike January MSGE puts for $7.10.

[wisowis]

Added to TPB and SJ.TO

[formthirteen]

MSGE

[Castanza]

MSGS

[asterisk]

FNMAT and soon other series. Guess I like the pain at this point. 

[Pelagic]

CLF and MSGE

[Spekulatius]

Adds to DISCK and a bit more PINS.

CGO (Canadian/US cable co)

[fareastwarriors]

1 hour ago, Pelagic said:

CLF and MSGE

 

I'm here for the party too. 

Just MSGE though

[Gregmal]

1 minute ago, fareastwarriors said:

 

I'm here for the party too. 

Just MSGE though

In an alternative universe I wish there were exit interviews for people selling stock. I dont know anyone who is selling MSGE here, but if I did I'd ask which category they fall into:

 

I sold a potential multi bagger with virtually no long term downside because:

 

a) Im scared of covid

b) I'm scared of a temporary ~20% paper loss 

c) I wanted a pureplay with worse economics instead

d) I didnt know what I was doing to begin with

 

There's really no other category or reason for selling into the current situation. Mr Market is great though. Even in a rich market, always an opportunity somewhere. 

 

[Red Lion]

I sold short AAPL and reinvested the proceeds into BRK.B. On a look through basis I'm still long AAPL through BRK.B, but sold short about 40% of the look through AAPL stake. 

[fareastwarriors]

40 minutes ago, Gregmal said:

In an alternative universe I wish there were exit interviews for people selling stock. I dont know anyone who is selling MSGE here, but if I did I'd ask which category they fall into:

 

I sold a potential multi bagger with virtually no long term downside because:

 

a) Im scared of covid

b) I'm scared of a temporary ~20% paper loss 

c) I wanted a pureplay with worse economics instead

d) I didnt know what I was doing to begin with

 

There's really no other category or reason for selling into the current situation. Mr Market is great though. Even in a rich market, always an opportunity somewhere. 

 

 

Yea I don't get it. MSGE trades like a damn see-saw when the fundamentals didn't really change all that much.

 

If this is a COVID thing, There are so many other better lockdowns v reopening plays out there than MSGE...

 

dafuq?!?

Edited December 15, 2021 by fareastwarriors

[ValueArb]

1 hour ago, Gregmal said:

In an alternative universe I wish there were exit interviews for people selling stock. I dont know anyone who is selling MSGE here, but if I did I'd ask which category they fall into:

 

I sold a potential multi bagger with virtually no long term downside because:

 

a) Im scared of covid

b) I'm scared of a temporary ~20% paper loss 

c) I wanted a pureplay with worse economics instead

d) I didnt know what I was doing to begin with

 

There's really no other category or reason for selling into the current situation. Mr Market is great though. Even in a rich market, always an opportunity somewhere. 

 

 

I bought them when I thought they hosted a professional basketball team, but sold when I found out they didn't, just the Knicks.

Edited December 15, 2021 by ValueArb
honing the joke wording

[longlake95]

25 minutes ago, ValueArb said:

 

I bought them when I thought they hosted a professional basketball team, but sold when I found out they didn't, just the Knicks.

[JRM]

1 hour ago, RedLion said:

I sold short AAPL and reinvested the proceeds into BRK.B. On a look through basis I'm still long AAPL through BRK.B, but sold short about 40% of the look through AAPL stake. 

 

I keep thinking Buffet is going to sell some AAPL and buy back BRK shares.  I'm not sure why he's letting the position get so large.  

[ValueArb]

3 minutes ago, JRM said:

 

I keep thinking Buffet is going to sell some AAPL and buy back BRK shares.  I'm not sure why he's letting the position get so large.  

 

Agreed, he should be as AAPL really appears to be more than fully valued right now.

 

But if he was selling Apple wouldn't be making new highs every day.

Edited December 15, 2021 by ValueArb