What are you buying today?

[WayWardCloud]

8 hours ago, dwy000 said:

Maybe better for the Netflix thread.but this is exactly what killed the cable bundle.  If you go a la carte there isnt enough demand for individual product to make it work at low prices - especially if that product is for a small portion of the year.  The Sunday Ticket on YouTube can cost up to $450 per season.  And sports is a mess.  Prime has Thursday Night Football, ESPN has Monday Night and the rest is spread between networks (with Netflix getting the Christmas games).  

I'm surprised they aren't acquiring entire sports such as Formula One or the UFC.

[dwy000]

11 minutes ago, WayWardCloud said:

I'm surprised they aren't acquiring entire sports such as Formula One or the UFC.

Apple TV has Formula 1 thru 2030. 

[KPO]

Added a quarter to NTDOY 

[Saluki]

small nibbles to Tencent Music and Badger Meters. Slowly building a position. 

 

I bought a few hundred dollars of Kraken Robotics by accident. I saw that the ticker had a quote on Robinhood, but sometimes they will show a price and won't let you trade it.  So I clicked to see if it would trade or just kick me out. It worked.  I have my original shares on Schwab (which charges me a fee for each trade because it's Canadian listed) and eventually Merrill started allowing me to trade it. Robinhood is my smallest account, but it also has the lowest margin, so I may buy more if the price keeps dropping. 

[formthirteen]

V

[Spekulatius]

Added a bit CME , MSFT and a tiny bit of ZTS

[dealraker]

9 hours ago, Spekulatius said:

Added a bit CME , MSFT and a tiny bit of ZTS

I much appreciate your posts on this topic Spek.  I use them primarily for ideas for the two trusts I manage.

[Spekulatius]

57 minutes ago, dealraker said:

I much appreciate your posts on this topic Spek.  I use them primarily for ideas for the two trusts I manage.

As I recall, CME was your idea. You mentioned it a couple of years ago around $200. I issued it back the. But took note and decided I like it enough now that trades at a similar valuation again.

 

It’s an easy stock to hold since pay out most r profits as a special dividend which is great in tax deferred accounts. On MSFT I give credit to @petec who made a good case to own it.

https://www.buildingarks.co.uk/p/review-can-microsoft-compete-part

 

ZTS has more question  marks and is simply a turnaround  play. They have quite a few product launches lined up that should move the needle and there have been a few encouraging insider buys. The valuation isn’t demanding any more.

[Saluki]

4 hours ago, Spekulatius said:

As I recall, CME was your idea. You mentioned it a couple of years ago around $200. I issued it back the. But took note and decided I like it enough now that trades at a similar valuation again.

 

It’s an easy stock to hold since pay out most r profits as a special dividend which is great in tax deferred accounts. On MSFT I give credit to @petec who made a good case to own it.

https://www.buildingarks.co.uk/p/review-can-microsoft-compete-part

 

ZTS has more question  marks and is simply a turnaround  play. They have quite a few product launches lined up that should move the needle and there have been a few encouraging insider buys. The valuation isn’t demanding any more.

 

OTCM pays a special dividend every year too (I have a starter position). It's not quite an exchange, but fills a niche between the pink sheets and the exchanges. There is not much they can use capital for so every year they pay a variable special dividend in addition to regular dividend that you see in the stock quote. 

 

CME Is a great company but until last year I was not allowed to own it because I worked for their regulator. At this price it's starting to look interesting again. It's a weird time because all these BS companies are filing to become prediction markets are registering as DCMs which is the same category as CME. So if sports betting is declared a legal and those losers have a license they might try to compete with CME or whenever a new products come around. I don't think their legacy business is in danger at all.

 

 

[Spekulatius]

1 hour ago, Saluki said:

 

OTCM pays a special dividend every year too (I have a starter position). It's not quite an exchange, but fills a niche between the pink sheets and the exchanges. There is not much they can use capital for so every year they pay a variable special dividend in addition to regular dividend that you see in the stock quote. 

 

CME Is a great company but until last year I was not allowed to own it because I worked for their regulator. At this price it's starting to look interesting again. It's a weird time because all these BS companies are filing to become prediction markets are registering as DCMs which is the same category as CME. So if sports betting is declared a legal and those losers have a license they might try to compete with CME or whenever a new products come around. I don't think their legacy business is in danger at all.

Is there anything that prevents CME to get into prediction markets? I think they have the infrastructure to offer them but I am not sure if they are allowed to. 

[Saluki]

3 hours ago, Spekulatius said:

Is there anything that prevents CME to get into prediction markets? I think they have the infrastructure to offer them but I am not sure if they are allowed to. 

https://share.google/lLA1kAKXRiewU3Jfi

 

They are already doing it. I think the harder part is clearing. Some of these new entrants, I think there are something like 19 of them in the pipeline I'll still have to find that clearing House to agree gre to clear the trades. 

[Spekulatius]

5 hours ago, Saluki said:

https://share.google/lLA1kAKXRiewU3Jfi

 

They are already doing it. I think the harder part is clearing. Some of these new entrants, I think there are something like 19 of them in the pipeline I'll still have to find that clearing House to agree gre to clear the trades. 

My suspicion is that they clear like bucket houses as of forgone times, which means sometimes they don’t.

[schin]

14 hours ago, Saluki said:

CME Is a great company but until last year I was not allowed to own it because I worked for their regulator. At this price it's starting to look interesting again. It's a weird time because all these BS companies are filing to become prediction markets are registering as DCMs which is the same category as CME. So if sports betting is declared a legal and those losers have a license they might try to compete with CME or whenever a new products come around. I don't think their legacy business is in danger at all.

 

@Saluki - Do you expect your former regulator to have more teeth on some of they craziness in these markets? Or are their hands tried now?  The administrations under Biden and Trump are vastly different. Did you feel it during your time there?

[Saluki]

1 hour ago, schin said:

 

@Saluki - Do you expect your former regulator to have more teeth on some of they craziness in these markets? Or are their hands tried now?  The administrations under Biden and Trump are vastly different. Did you feel it during your time there?

 

I hate to say it, but I think a lot of the good career people have left or were forced out, and it's a rubber stamp operation now. The prior Chairman, Pham, fired or suspended a lot of enforcement people who she had a grudge against. The current chairman is undoing a lot of prior crypto enforcement cases and giving industry whatever they want. 

 

Rather than 5 Commissioners from both parties, there is only one, Selig, and he isn't an industry veteran like Gensler, who ran Goldman's asian offices. He's a guy, 10 years out of law school, who was not very high up at the SEC but was more pro crypto than Quintenz (Commodity Ken Doll), and didn't have a beef with the Winkelvii. 

 

I left before this administration took office because it sucked the last time Trump got elected and 1) I didn't want to spend the next four years undoing what I did the prior four years, 2) I had a feeling this time would be worse, and 3) the pro-fascist anti-immigrant stuff is too much for me. I have family members who have been tortured or killed for opposing dictators in Latam, and I'm not going to be a part of it here. 

 

I could've stayed, gotten close to the action and left to work for one of the new grifters, but I don't want to get rich that way.