What are you buying today?

[boilermaker75]

Writing OXY 57-strike, March 24 expiration puts, $0.31 per share.

[Ross812]

Brk.B and Deutsche Telekom 

[Spooky]

More BRK more BAC.

[Red Lion]

More TD and JPM. 

[Whensthepaintdry?]

Brk and mkl

[maxthetrade]

2 hours ago, boilermaker75 said:

Writing OXY 57-strike, March 24 expiration puts, $0.31 per share.

 

Same here.

[WFF]

More BAC 

[lnofeisone]

Bought some KNOP. 

[KPO]

HST

[formthirteen]

6 hours ago, lnofeisone said:

Bought some KNOP. 

 

I also bought some KNOP options lottery tickets earlier this week.

[lnofeisone]

6 hours ago, formthirteen said:

 

I also bought some KNOP options lottery tickets earlier this week.

I'm debating if selling 10 puts here makes sense. They could just be bought out by the parent. 

 

Bought FNF, JXN, DB and FRC preferred lotto ticket. 

[Saluki]

Bought some VTS and OXY with the last of my proceeds from the ATCO squeezeout.  

[Red Lion]

Bought some CLPR today. I have $5 calls expiring in June - September. My thinking here is that I will sell the calls for a loss after 30 days, unless the price rebounds in which case I can still exercise and be around a full position. 

[Xerxes]

Good lord !

No one is interested in buying the dip on CharlesSchawb !

[tede02]

I bought some more brokered CDs (1, 2 & 3 yr) yielding over 5% with idle cash. 

[KCLarkin]

9 minutes ago, Xerxes said:

Good lord !

No one is interested in buying the dip on CharlesSchawb !

I am interested. But you have a two-faced monster. You have an industry heavy weight with enormous (and latent) earning power. You also have a bank with M2M negative tangible equity.

 

I'd lean towards buying. But you have to consider the risk of a dilutive equity raise or years of low earnings.

 

For me, the deciding factor is that management made a huge (and obvious!) mistake with their balance sheet. I'd rather invest alongside Thomas Peterffy.

 

But definitely tempted...

 

[CorpRaider]

19 minutes ago, tede02 said:

I bought some more brokered CDs (1, 2 & 3 yr) yielding over 5% with idle cash. 

I did too.  Hit that 5% for granny.  

Edited March 24, 2023 by CorpRaider

[Red Lion]

Are the brokered CD’s fdic insured up to 250k? I was reading that they might not be? 

[CorpRaider]

The documents related to my purchases said they were FDIC insured but cautioned to check the overall cap against other exposures to the borrowing institution.  

Edited March 24, 2023 by CorpRaider

[Spekulatius]

I forgot who brought it up - but I did like MBB.DE (German Holding co) good enough to buy a few shares:

https://www.mbb.com/ir/praesentationen.html

 

I think it's pretty cheap as well.

Added to a few positions in LUV, NTDOY etc.

 

 

[CorpRaider]

(In the voice of Charles Dickens) Bard said it likes $LUV more than $SAVE fyi @Spekulatius.  haha

Edited March 24, 2023 by CorpRaider

[Saluki]

added a little Coupang.  

 

Not any particular news, but I've been thinking about diversifying globally as well as across industries.  Ideally with compounders instead of cyclicals. 

 

Coupang (CPNG) (probably 1/2 the position size I want, but I'm already fully deployed)

Fairfax India (FFXDF): India (could add some more)

Televisa (TV):  Mexico (full position)

Alibaba (BABA): China (full position)

 

I've been thinking about a good one for South America, but although Petrobras looks cheap, It's a cyclical.  I really admire what Mercado Libre has done and how it's managed, but it's too rich for my blood. Tigo Millicom I've looked at but can't pull the trigger. Anyone have any suggestions for cheap latin american companies with compounder potential?  

[LC]

PSMT? Spek likes it. Not sure about cheap but maybe for the watchlist.

[Viking]

SU. Looks like financial panic is abating. So oil, which got absolutely crushed over the past 2 weeks, is popping higher... makes perfect sense  Oil stocks, like SU, look crazy cheap. 

[Spekulatius]

1 hour ago, LC said:

PSMT? Spek likes it. Not sure about cheap but maybe for the watchlist.

PSMT isn't cheap right now, i wouldn't buy it. It a quite well run retail outfit operating in a tough neighborhood though.