Gregmal Posted September 4, 2019 Share Posted September 4, 2019 Taking DDS for a ride @59 Link to comment Share on other sites More sharing options...
no_free_lunch Posted September 5, 2019 Share Posted September 5, 2019 MSGN. Link to comment Share on other sites More sharing options...
Gregmal Posted September 5, 2019 Share Posted September 5, 2019 Bought some FIZZ $40 calls...If anyone is due for a bounce, its them. If not, the calls act as a stop loss. Link to comment Share on other sites More sharing options...
writser Posted September 5, 2019 Share Posted September 5, 2019 More SMTA. As far as I can see all looks good. Vote passed, portfolio sale expected to close in a few weeks, Shopko term loan fully recovered. According to the proxy management expects $8.50 - $9.35 per share in distributions. My own calculations get me closer to the top of that range. In fact even slightly above that range but that probably means I am too optimistic about the workout assets. Shares were initially up today (what I would have expected) but around the close there was massive volume and SMTA ended down ~2% instead. Best explanation I could come up with is that some funds are not allowed to hold companies in liquidation and had to sell at today's close. Seems congruent with what happened in the market. But maybe I missed something. Not the most fireproof explanation ever. Link to comment Share on other sites More sharing options...
Gregmal Posted September 6, 2019 Share Posted September 6, 2019 Little more DDS. The longer it takes to get the 10Q out the bigger the potential infinity squeeze. Link to comment Share on other sites More sharing options...
Foreign Tuffett Posted September 6, 2019 Share Posted September 6, 2019 More SMTA. As far as I can see all looks good. Vote passed, portfolio sale expected to close in a few weeks, Shopko term loan fully recovered. According to the proxy management expects $8.50 - $9.35 per share in distributions. My own calculations get me closer to the top of that range. In fact even slightly above that range but that probably means I am too optimistic about the workout assets. Shares were initially up today (what I would have expected) but around the close there was massive volume and SMTA ended down ~2% instead. Best explanation I could come up with is that some funds are not allowed to hold companies in liquidation and had to sell at today's close. Seems congruent with what happened in the market. But maybe I missed something. Not the most fireproof explanation ever. Even back in the $8.40s SMTA still looks cheapish to me. Not hard at all to come up with an expected distribution figure of over $9, even using conservative assumptions. Link to comment Share on other sites More sharing options...
writser Posted September 6, 2019 Share Posted September 6, 2019 Agreed. Already had a decent position but couldn't resist adding yesterday. Now one of my larger positions. Some potential tax issues due to me living in Europe (FIRPTA) but yeah, management estimates seem conservative. Now we'll see where they will burn some money to get distributions in line with their estimates .. Bought some SYRCF today. Similar story. Link to comment Share on other sites More sharing options...
kab60 Posted September 9, 2019 Share Posted September 9, 2019 SAVE, BERY - bit of BRK the other day below 200 Link to comment Share on other sites More sharing options...
longlake95 Posted September 9, 2019 Share Posted September 9, 2019 A 25% add to BERY Link to comment Share on other sites More sharing options...
BG2008 Posted September 9, 2019 Share Posted September 9, 2019 Sold more of my $47.50 Berry Puts for $9.30 (vs $1.90 cost) I own shares as well. So I basically went long the stock. Link to comment Share on other sites More sharing options...
kab60 Posted September 10, 2019 Share Posted September 10, 2019 Some Vertu PLC and Motorpoint PLC Link to comment Share on other sites More sharing options...
Casey Posted September 11, 2019 Share Posted September 11, 2019 sold T, nibbled on V, ROP, MSFT Link to comment Share on other sites More sharing options...
mjm Posted September 11, 2019 Share Posted September 11, 2019 Sold more of my $47.50 Berry Puts for $9.30 (vs $1.90 cost) I own shares as well. So I basically went long the stock. excuse my ignorance, but does that affect the holding period of the stock for tax purposes? Link to comment Share on other sites More sharing options...
Gregmal Posted September 13, 2019 Share Posted September 13, 2019 Grabbed a little PCG pre market on the settlement announcement. Gotta figure there's a few % to be had in there given all the volatility. Link to comment Share on other sites More sharing options...
Lance Posted September 13, 2019 Share Posted September 13, 2019 MO Thanks Lance Link to comment Share on other sites More sharing options...
kab60 Posted September 13, 2019 Share Posted September 13, 2019 Cambria Automobiles (now around 10 pct in total in 3 UK car dealerships). Link to comment Share on other sites More sharing options...
Gregmal Posted September 13, 2019 Share Posted September 13, 2019 Grabbed a little PCG pre market on the settlement announcement. Gotta figure there's a few % to be had in there given all the volatility. closed this out for a small loss. market reaction more muted than I would have thought. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted September 13, 2019 Share Posted September 13, 2019 Not all today - but over the past few weeks have added to NLY and ZG. Added tiny allocations to NMM and SBLK to benefit from the easing of trade tensions. Also, re-established my entire put position on the S&P today now that VIX is back down to ~13 Link to comment Share on other sites More sharing options...
Gregmal Posted September 15, 2019 Share Posted September 15, 2019 250 gallons of heating oil for the home. Link to comment Share on other sites More sharing options...
Spekulatius Posted September 15, 2019 Share Posted September 15, 2019 250 gallons of heating oil for the home. A value buy it seems as you got in before the spike to $100/ bro that’s some doomsters predict. I think it will be more like $2-5$/brl and quickly reverse. I doubt there much supply impact from the drone attack. FWIW, so many oil heated homes on the East coast. It would be a great green energy plan to have them all connected to natural gas. Link to comment Share on other sites More sharing options...
Gregmal Posted September 16, 2019 Share Posted September 16, 2019 NVTA Link to comment Share on other sites More sharing options...
Lance Posted September 16, 2019 Share Posted September 16, 2019 MO Thanks Lance Link to comment Share on other sites More sharing options...
mikazo Posted September 16, 2019 Share Posted September 16, 2019 SGA (Saga Communications Inc.) Link to comment Share on other sites More sharing options...
John Hjorth Posted September 16, 2019 Share Posted September 16, 2019 250 gallons of heating oil for the home. A value buy it seems as you got in before the spike to $100/ bro that’s some doomsters predict. I think it will be more like $2-5$/brl and quickly reverse. I doubt there much supply impact from the drone attack. FWIW, so many oil heated homes on the East coast. It would be a great green energy plan to have them all connected to natural gas. Off topic : I'm shocked reading this. Here, I've been living with district heating the last 35 years. I live in a Danish city [the fourth largest in Denmark, the approximate size the one of Omaha.] - - - o 0 o - - - Back to topic again. Link to comment Share on other sites More sharing options...
BG2008 Posted September 17, 2019 Share Posted September 17, 2019 250 gallons of heating oil for the home. A value buy it seems as you got in before the spike to $100/ bro that’s some doomsters predict. I think it will be more like $2-5$/brl and quickly reverse. I doubt there much supply impact from the drone attack. FWIW, so many oil heated homes on the East coast. It would be a great green energy plan to have them all connected to natural gas. Does this Gregmal guy ever get his timing wrong? He's on some epic streak! Link to comment Share on other sites More sharing options...
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