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Posted

More HQI and a nibble on BF.A. I figure the A shares usually sell at a 5-10% premium to the B shares and could be had for a nickel more today if you are happy getting in and out slowly. 

Posted
8 hours ago, fareastwarriors said:

PCYO,

 

been buying under $9...

 

Some people buying this stock, while the last posts in the topic about the company seems rather negative 😄 

Posted
1 hour ago, Kizion said:

 

Some people buying this stock, while the last posts in the topic about the company seems rather negative 😄 

 

Relatively small position for me, but the main negativity imo is focused on time vs thesis. The company is still solid and management have been conservative capital allocators. The main issue is they are almost too conservative. That's why this is a coffee can stock and won't ever be a massive position for me, but i like to add some when it gets sub $9.

 

Things to look for are:

- Movement on commercial development

- Completion of their current projects

- Dividend or share buybacks

 

Thesis Change (would be)

- Management seeks further land acquisitions prior to finishing their current obligations and building out commercial. 

 

 

Posted
38 minutes ago, Cod Liver Oil said:

Both PCYO and FRPH have the ekg of a stone.  Which has more upside? Can you own either in size or do both reek of opportunity cost?

 

I've said before, but I trade about ~50%-75% of my PCYO position on this erratic EKG 

Posted
3 hours ago, Castanza said:

 

I've said before, but I trade about ~50%-75% of my PCYO position on this erratic EKG 

 

Smart move.

Posted

LULU, NKE, EL, DEO, BFB

 

seems like many high multiple consumer discretionary superstars are getting dinged as the global consumer is tired out or has alternatives.  Any others to watch?

Posted

Added to BGC 

Interesting nobody here talks about this stock. JPM recently downgraded CME citing potential competition from BGC (yet JPM has no ratings on BGC, likely because BGC is a much smaller company)

Posted
18 hours ago, sleepydragon said:

Added to BGC 

Interesting nobody here talks about this stock. JPM recently downgraded CME citing potential competition from BGC (yet JPM has no ratings on BGC, likely because BGC is a much smaller company)

I enjoy having Lutnick in charge of my capital. Especially with such a huge catalyst so visible on the horizon.

Posted
10 minutes ago, Value_Added said:

I enjoy having Lutnick in charge of my capital. Especially with such a huge catalyst so visible on the horizon.

Yes, BGC indeed looks interesting. I also some new blips in the CME ticker feed regarding competition for interest rate futures from BGC. Apparently JPM is BGC’s customers. CME has a dominating market share in interest rates futures, but some things these markets can shift when a new player has better technology and trade execution.

 

This is true with interest rates futures especially since the large banks are huge customers and having just a few customers change where they trade can shift the entire market.

Posted
6 minutes ago, Spekulatius said:

Yes, BGC indeed looks interesting. I also some new blips in the CME ticker feed regarding competition for interest rate futures from BGC. Apparently JPM is BGC’s customers. CME has a dominating market share in interest rates futures, but some things these markets can shift when a new player has better technology and trade execution.

 

This is true with interest rates futures especially since the large banks are huge customers and having just a few customers change where they trade can shift the entire market.


yeah, interest rate is so much higher now compared to previous decades so more and more institutions speculating on these products. It’s a generational change for BGC.

 

Their net income is reduced due to large amount of stock based compensations, causing many people staying on the sidelines. 

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