KPO Posted May 10, 2022 Posted May 10, 2022 End of day starters in BA, MOS & AMZN. All of which I’ve never owned and all of which will likely go lower.
lnofeisone Posted May 10, 2022 Posted May 10, 2022 On 4/8/2022 at 1:26 PM, lnofeisone said: Another binary trade. Vertex Energy - the company is doing 100% pivot from used motor oil refining to being a refinery producing renewable diesel. Shell is trying to become green and is selling an enormously profitable refinery in Mobile, Alabama. What does it mean for VTNR: -Revenue today is 120M or so and it will go to about (VTNR-guided) 2.5B (you are reading this correctly) and 200M in gross profit for FY22. They just closed the purchase of the refinery. -They are guiding to 3.5B in revenue and 400M gross profit for FY23 -They have offtake and supply agreements signed -EV is about 700M once accounted for all new debt -There is a 30% short interest in the stock Options are insanely priced but 10/17.5 2023 vertical spread will cost you 1.10. Some references: https://www.accesswire.com/671855/Vertex-Energy-Reports-Third-Quarter-2021-Results-and-Provides-Strategic-Update Vertex reported today. Crazy numbers. Stock is hitting 52 week high. Quote from their PR to signify what Shell basically gave away: "During our first 30 days of operation, the refinery generated strong EBITDA, all of which came from conventional fuels production," continued Cowart. "Putting the significance of this performance in perspective, we currently anticipate Vertex will generate enough net profit to have paid for the Mobile refinery and related logistics assets in less than one full quarter of operations."
Spekulatius Posted May 10, 2022 Posted May 10, 2022 Bought some IAA (starter) yesterday. I also bought back some V.
spartansaver Posted May 10, 2022 Posted May 10, 2022 Starter in MSGE. Thought the call was good, but what do I know.
Castanza Posted May 10, 2022 Posted May 10, 2022 AIV, CLF, PCYO, MSGS smidge of KIND in the "hope it gets acquired portfolio" with PINS
bizaro86 Posted May 10, 2022 Posted May 10, 2022 All of Liberty Sirius/Broadband/Formula1/Braves (in order of size), MSGS, IBKR, ROST, PCYO. The last 3 are existing positions where I sold (registered account) shares and bought deep ITM options for more shares to increase exposure and free up cash for the other positions.
Ross812 Posted May 11, 2022 Posted May 11, 2022 Nabbed 20 of the 42 AIV 2024 $7.50 calls today (big spender). @rkbabang must have got the rest!
GordonGekko69 Posted May 11, 2022 Posted May 11, 2022 (edited) Added to PCYO and NU Edited May 11, 2022 by GordonGekko69
aws Posted May 11, 2022 Posted May 11, 2022 Added to PSH closed end fund. ~33% discount to NAV and now another buyback.
Red Lion Posted May 11, 2022 Posted May 11, 2022 Added to APO and BX. APO is much cheaper, but I promised myself I would add to my BX position if it got to a reasonable valuation.
Gregmal Posted May 11, 2022 Posted May 11, 2022 (edited) Dumped a few more tax lots of APTS and cycled into more PCYO, VRE, Nintendo, RBLX, CPNG and put some aside for Disney sub 90 after earnings lol. Edited May 11, 2022 by Gregmal
Dinar Posted May 11, 2022 Posted May 11, 2022 2 hours ago, Gregmal said: Dumped a few more tax lots of APTS and cycled into more PCYO, VRE, Nintendo, RBLX, CPNG and put some aside for Disney sub 90 after earnings lol. Greg, have you changed your opinion on AIV or you think that the other stuff is more compelling?
Gregmal Posted May 11, 2022 Posted May 11, 2022 6 minutes ago, Dinar said: Greg, have you changed your opinion on AIV or you think that the other stuff is more compelling? Still like it. Have more stock hitting 12 month hold period Friday through next week so gonna be hitting that too. No rush right now. Market is giving prices that are pretty remarkably cheaper than I’d have expected across the board, so I’m good just layering in with PSTH and APTS proceeds over the next 2-3 months.
Gregmal Posted May 11, 2022 Posted May 11, 2022 Plus a bunch of my position is the $5 2024s which have held a little better than the shares and have idiot proof downside protection at $5.
DooDiligence Posted May 12, 2022 Posted May 12, 2022 (edited) Picked up more DIS a hair over $100. Started nibbling at SMH to add some diversification to my long Intel position. edit: I also added to Dominos the other day at $325 Edited May 12, 2022 by DooDiligence
tnathan Posted May 12, 2022 Posted May 12, 2022 23 hours ago, Spekulatius said: $JXN tiny adds to $SONY, $RHUHF What is the JXN thesis?
spartansaver Posted May 12, 2022 Posted May 12, 2022 6 hours ago, MattR said: Ouch Picked up AH but decided to sell upon learning more about the capital structure (it's awful and in some ways disingenuous).
ValueMaven Posted May 12, 2022 Posted May 12, 2022 Added to AAPL, added to TDG as well. I'm starting to see really decent values out there
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