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Posted

Opened a small position in FB. Have been following the company increasingly over the last 18 months. Owning some always makes me dig deeper.

Posted
1 hour ago, boilermaker75 said:

Wrote 230-strike, Feb 4 expiration FB puts.

 

Same although I closed out the position 30 min later for a 50% gain. Bored trading I guess.

 

Also bought FB stock though, I plan to hold that.

Posted (edited)

Tracker in ZIM

 

Has anyone looked at this? Basically a spot price dependent shipping company. Risk is they are subjected to spot prices but it seems they are well after securing longer term contracts. 15% dividend...CEO talking about buybacks, securing LNG ships, etc.

 

https://en.wikipedia.org/wiki/ZIM_(shipping_company)

 

Obviously a huge risk buying this, but with Supply Chain issues going on the next year could be worth a small speculative position. 

 

CEO in a recent podcast

 

https://seekingalpha.com/article/4480682-zim-integrated-shipping-market-updates-for-2022-podcast-transcript

 

Attached a doc with current financials 

 

 

ZIM Financials.docx

Edited by Castanza
Posted
1 hour ago, Castanza said:

Has anyone looked at this? Basically a spot price dependent shipping company. Risk is they are subjected to spot prices but it seems they are well after securing longer term contracts. 15% dividend...CEO talking about buybacks, securing LNG ships, etc.

 

 

I thought I created a topic for this one, but I guess not. I bought last quarter at $52.  I don't have much to add to the shipping container discussion, but it's cheap as hell and the bet is that rates don't normalize as quickly as analysts are thinking.   Lots of cash and printing money at these rates.  Not a huge position for me.

Posted
3 minutes ago, JRM said:

 

I thought I created a topic for this one, but I guess not. I bought last quarter at $52.  I don't have much to add to the shipping container discussion, but it's cheap as hell and the bet is that rates don't normalize as quickly as analysts are thinking.   Lots of cash and printing money at these rates.  Not a huge position for me.

I couldn't find it when searching "ZIM", but I also do not understand how the search function works on this site anymore..... Sitting on 1b cash right now and the CEO seems pretty motivated to secure long-term contracts which would really put a damper on the bear case. Guess we will find out soon enough. 

Posted

Now AMZN beats and the QQQs and related cos go up. A day after FB sent them all down. A day after GOOG sent them up. People have officially lost their minds. Or maybe it just happened slowly over a 10 year stretch. I find it amusing. 

Posted (edited)
6 hours ago, NotSoWise said:

Adding to AMZN for a long term hold (5+ years). A bit risky just before earnings and still not cheap...

 

6 hours ago, throw123 said:

username checks out

 

throw123, do you think I should change my username?

As people say: "Better lucky than smart"

 

It may go up less tomorrow after people read in more details, we will see.

Edited by NotSoWise
Posted
29 minutes ago, Gregmal said:

Now AMZN beats and the QQQs and related cos go up. A day after FB sent them all down. A day after GOOG sent them up. People have officially lost their minds. Or maybe it just happened slowly over a 10 year stretch. I find it amusing. 

Smells like a stumbling bumbling drunk about to crash to me (not that I do anything based on that opinion).

Posted (edited)
8 minutes ago, CorpRaider said:

Smells like a stumbling bumbling drunk about to crash to me (not that I do anything based on that opinion).

Ya I dont really think its wise to ever go in too heavy on a market timing call, but if I were to place some bear chips at the table..... tech is really kinda low reward/ high risk right now IMO. 

 

Housing, Land, Entertainment, and Energy for this old geezer. 

 

EDIT: Actually bought a starter in MCW today

Edited by Gregmal

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