lnofeisone Posted September 7, 2021 Share Posted September 7, 2021 On 9/2/2021 at 10:02 PM, lnofeisone said: Bought some super cheap TGP 17.5 nov calls 0.25. Lotto size position. Sold 1/2 of the position at 0.75. Will ride the rest into expy. Unclear what's going on with TGP but it's uncorrelated with either shippers or natty. Link to comment Share on other sites More sharing options...
formthirteen Posted September 7, 2021 Share Posted September 7, 2021 2 hours ago, bathtime said: WISH. Everyone seems to dislike this company except for some of the WSB herd. I still can’t understand why Jackie Reses, who was brilliant at Square, would join full time. She could have had any job she wanted. Any job. And she took a comp package that has $20-$30+ on the shares for payout. Is the goal to shape up the business and sell? Revamp strategy? You know she has a plan. I think the plan is "help the nerd monetize the data and two-sided network" as was the case with Google and Facebook. Could also be related to "In October 2015, Reses joined Square, Inc. to head Square Capital, the company’s start-up small-business lending program.": https://en.wikipedia.org/wiki/Jacqueline_Reses I might buy this shitco back at some point, but it is difficult to have buy-and-hold conviction in these types of companies. Link to comment Share on other sites More sharing options...
bathtime Posted September 7, 2021 Share Posted September 7, 2021 19 minutes ago, formthirteen said: I think the plan is "help the nerd monetize the data and two-sided network" as was the case with Google and Facebook. Ha. The fanboys think she’s going to make it a fintech, by moving into payments. But she threw cold water on that in a Tweet response and said it was an e-commerce company not a fintech. There was a time when everyone hated SNAP’s business prospects. So I’m wondering if WISH can pull off a transformation. Plenty of cash and they’re pulling way back on ad spend. Which is probably Reses’ counsel. New CFO is next move. If GME can moon from just ex Amazon hires. Maybe WISH can do a similar but less dramatic org shift. Link to comment Share on other sites More sharing options...
Dynamic Posted September 8, 2021 Share Posted September 8, 2021 On 9/3/2021 at 8:28 PM, Dynamic said: Wrote some $282.50 BRK.B puts SEP 17 2021 for $2.90 Also wrote some $280.00 BRK.B puts SEP 24 2021 for $3.80 fully cash covered. Link to comment Share on other sites More sharing options...
Gregmal Posted September 8, 2021 Share Posted September 8, 2021 (edited) started some VWTR and added a few to JOE Edited September 8, 2021 by Gregmal Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 8, 2021 Share Posted September 8, 2021 added to PCYO in the high 13s Link to comment Share on other sites More sharing options...
Gregmal Posted September 9, 2021 Share Posted September 9, 2021 Started a little VICI AH. Link to comment Share on other sites More sharing options...
longlake95 Posted September 9, 2021 Share Posted September 9, 2021 more DISCK... Link to comment Share on other sites More sharing options...
Pistachio_Lawyer Posted September 9, 2021 Share Posted September 9, 2021 Decreased cash position and added 20% VFV Link to comment Share on other sites More sharing options...
lnofeisone Posted September 10, 2021 Share Posted September 10, 2021 Joining you all on the CLPR (7.5) and AIV (5) train via march options. Filled CLPR but waiting on AIV. Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 10, 2021 Share Posted September 10, 2021 Added to jbgs at 29.5 Link to comment Share on other sites More sharing options...
CharlesMunger Posted September 10, 2021 Share Posted September 10, 2021 Added a bit to AIV, APTS, CLPR, JBGS Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 10, 2021 Share Posted September 10, 2021 1 hour ago, CharlesMunger said: Added a bit to AIV, APTS, CLPR, JBGS the @Gregmal etf ? Link to comment Share on other sites More sharing options...
Spekulatius Posted September 10, 2021 Share Posted September 10, 2021 (edited) My recent add are LMT: (Cheapest defense prime) CNC: health insurer rollup (cheap) TTWO and ATVI - gaming company stocks that have come back to earth. Starters in HENKY (consumer goods, adhesives) and VTRS (generics) Edited September 14, 2021 by Spekulatius Link to comment Share on other sites More sharing options...
Gregmal Posted September 10, 2021 Share Posted September 10, 2021 1 hour ago, fareastwarriors said: the @Gregmal etf ? Haha yea throw in ALCO and you're pretty much there. Whats amazing to me is the similarities which support the market dislocation aspect. In general, as an investor I have trouble trusting others to create value. So sure, Buffett has earned it, but generally, I just prefer investing in the discount to NAV stuff because not only does something have to go wrong for you to get bruised, but you also need no growth in addition to the negligence or value destruction. Whats crazy to me is if you look at APTS, CLPR, AIV...you have so many different things cruising in your favor. You have the SAFEST(make a joke about Flatbush Gardens, go ahead) sub-asset class one can buy as far as real estate goes...MF rental. But then you also have best in class assets in many cases or highly desirable luxury facilities in booming markets. You also have these stress tested; you just saw covid and how the worst case scenario looks, but to boot, you're buying a discount to a NAV that is predicated in many cases, still, on those covid infested NAVs when unbelievably, you have gotten rip roaring rental growth everywhere with only parts of it reflected due to the rolls. So to me its seems like(and has been now since November, a total gift to be able to buy these things still close to the covid lows(APTS for instance is a $5B+ asset with ease and the equity implies only a mid single digit % valuation improvement; CLPR like maybe 10%, and AIV who knows but in that case thats the point) AND trading significantly off of current mark to market, let alone where they should go as rents keep soaring and rates stay low. But who knows, maybe these will be the end of me....will be fun either way. Link to comment Share on other sites More sharing options...
CorpRaider Posted September 14, 2021 Share Posted September 14, 2021 BRK, CMCSA, SMG Link to comment Share on other sites More sharing options...
Spekulatius Posted September 14, 2021 Share Posted September 14, 2021 1 hour ago, CorpRaider said: BRK, CMCSA, SMG SMG (Scott's Miracle grow) looks interesting, but why is it down so much? Looks sort of like $SAM. Solid grower (pun) with a decent brand name. it doesn't look to expensive to me either. For a while, it traded as a stealth play on weed (another pun). I need to do more work, but like what i see so far. Thanks for posting. Link to comment Share on other sites More sharing options...
rkbabang Posted September 14, 2021 Share Posted September 14, 2021 Added a little to SRUUF. I followed Kuppy into this a few weeks ago. https://adventuresincapitalism.com/2021/09/02/the-new-gbtc/ Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 14, 2021 Share Posted September 14, 2021 Picked up some more FRPH at 55.05 Link to comment Share on other sites More sharing options...
CorpRaider Posted September 14, 2021 Share Posted September 14, 2021 (edited) @Spekulatius I will start a thread. I issued a few tweets about it as I was looking at proxy and calls and stuff. I was going to do a blog post about it at some point, but man who knows if/when that will happen. Kind of a "buy and homework" position for me too, but I'm getting kind of bulled up on it. Hard to tell why the market do what it do but, consensus has revs down in '22 sequentially (after huge covid lawn and gardening boom) and EBITDA and earnings down a bit more as result of inflation in inputs (kind of like the other CPGs). Also, weed is less bubbly. Edited September 14, 2021 by CorpRaider Link to comment Share on other sites More sharing options...
Gregmal Posted September 14, 2021 Share Posted September 14, 2021 small add to ALCO Link to comment Share on other sites More sharing options...
fareastwarriors Posted September 15, 2021 Share Posted September 15, 2021 More CLPR at $8 Link to comment Share on other sites More sharing options...
Gregmal Posted September 15, 2021 Share Posted September 15, 2021 (edited) CLPR March 5s. Edit: filled. thanks Edited September 15, 2021 by Gregmal Link to comment Share on other sites More sharing options...
DooDiligence Posted September 15, 2021 Share Posted September 15, 2021 (edited) BABA because I've succumbed to the Gamblers fallacy with a tiny dash of imaginary insurance via halo effect. IOW, I know I'm gambling on a possible short term reversal that someone smarter than me has long term faith in. I'll likely be disappointed. Edited September 15, 2021 by DooDiligence Link to comment Share on other sites More sharing options...
Lance Posted September 15, 2021 Share Posted September 15, 2021 ALX Thanks Lance Link to comment Share on other sites More sharing options...
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