AzCactus Posted June 13, 2022 Share Posted June 13, 2022 Continuing to add to fast. Link to comment Share on other sites More sharing options...
Gregmal Posted June 13, 2022 Share Posted June 13, 2022 AOS starter Link to comment Share on other sites More sharing options...
Simba Posted June 13, 2022 Share Posted June 13, 2022 This is brutal. Link to comment Share on other sites More sharing options...
adesigar Posted June 13, 2022 Share Posted June 13, 2022 41 minutes ago, Simba said: This is brutal. Don’t you mean awesome. Link to comment Share on other sites More sharing options...
Spekulatius Posted June 13, 2022 Share Posted June 13, 2022 Just now, adesigar said: Don’t you mean awesome. Margin call time for the clowns: Link to comment Share on other sites More sharing options...
Blugolds11 Posted June 13, 2022 Share Posted June 13, 2022 More BRK Link to comment Share on other sites More sharing options...
SharperDingaan Posted June 13, 2022 Share Posted June 13, 2022 Temporarily closed out swing trades in ESI, PD, OBE, and WCP. 25% of gains to a crypto ETF at ridiculous prices. We're doing very well on what is supposed to be cash accumulation ahead of a RE purchase! and are pretty sure that we will be able to resell these shares at another gain in a few weeks. Got to love the Fed ... SD Link to comment Share on other sites More sharing options...
aws Posted June 13, 2022 Share Posted June 13, 2022 20 minutes ago, Spekulatius said: Margin call time for the clowns: He is a clown, but I shorted some MSTR Oct $10 puts today anyway. The margin call risk is overstated as they can just pledge additional bitcoin at the first trigger. They are well underwater with an average cost over 30k, but they issued enough stock in the runups that they don't have negative equity until the 18k range. And then the margin call death spiral is more like at 3k level, which is likely a very low probability in the next 4 months, but in any case it's a tiny cash secured position. Also shorted some CLF puts, and added more to BRK and PSH.AS Link to comment Share on other sites More sharing options...
Williams406 Posted June 13, 2022 Share Posted June 13, 2022 BRK, JOE, and Pantheon Resources Link to comment Share on other sites More sharing options...
fareastwarriors Posted June 13, 2022 Share Posted June 13, 2022 Aiv Link to comment Share on other sites More sharing options...
Gregmal Posted June 13, 2022 Share Posted June 13, 2022 19 minutes ago, Williams406 said: BRK, JOE, and Pantheon Resources Doubled BRK today and added 25% to JOE now double digit position. How easy is the JOE story to understand here? A 5 year old could do it. Go to page 29 of the recent presentation. Press print. Take a black magic marker. Color in all “Joe land”. Then with the same marker color in “public land”….now look at what’s left? Looks like all that coloring spells “Irvine” too…. Link to comment Share on other sites More sharing options...
modiva Posted June 13, 2022 Share Posted June 13, 2022 On 6/2/2022 at 10:17 AM, Gregmal said: Underfollowed OTC stock that uplisted to Nasdaq few years ago. Super conservatively managed. No debt. Pretty much, but not quite a royalty company...they dont drill. Assets predominantly in Marcellus and operated by CHK. Latest update showed encouraging results in OK which should materially ramp the earnings. Selling from large shareholders putting a lid on stock. Company using this to repurchase shares. Large existing insider ownership. Current dividend yield is 3.5% which should only go higher. Check their May 31 release for latest updates but seems super low risk given the macro backdrop. @Gregmal Thanks. EPSN looks like a good business in these times with a great balance sheet. Started a small position. Link to comment Share on other sites More sharing options...
fareastwarriors Posted June 13, 2022 Share Posted June 13, 2022 Some JOE and CLPR Link to comment Share on other sites More sharing options...
Gregmal Posted June 13, 2022 Share Posted June 13, 2022 1 hour ago, modiva said: @Gregmal Thanks. EPSN looks like a good business in these times with a great balance sheet. Started a small position. No problem. These Solas folks seem intent on selling so its providing a good entry point. Imagine having that size position and decided open market sales into a bad market are the way to go? Idiots. Anyway, just sold some more APTS which I was gonna wait to next Monday on, but CLPR and VRE just said hello so I couldn't resist picking up some more. Link to comment Share on other sites More sharing options...
Castanza Posted June 13, 2022 Share Posted June 13, 2022 On 6/10/2022 at 11:33 PM, Gregmal said: See you guys and raise you topping off my home heating oil tank. 550 gallons filled 200 at 5.40 up from 2.68 in Q4…fun fun. Thank god for oil calls. I'll call that Sold my remaining heating oil I had in left in the tank (120 gallons) to some guy on craigslist for $4.75/gal. Paid about half that for it last winter. Going to be a good market for wood stoves this coming winter. Link to comment Share on other sites More sharing options...
E. Nashton Posted June 13, 2022 Share Posted June 13, 2022 JOE, BRK.B, BAM.A, SRU.UN and some smaller adds to GOOG and AMZN. Link to comment Share on other sites More sharing options...
thepupil Posted June 13, 2022 Share Posted June 13, 2022 Twilio bonds @ 6.9% yield. $5B of cash, $1.3B of debt, market cap ~15x the debt value. Had previously bought at $86 and sold at $92 over 8 days. then < month later at $82. nice volatility in the bond market. there's tail risk with anything, but i think the company would be hard pressed to be worth <$1.3B. Link to comment Share on other sites More sharing options...
maxthetrade Posted June 13, 2022 Share Posted June 13, 2022 On 6/9/2022 at 12:55 PM, boilermaker75 said: I wrote June 10 expiration 302.5 and 305 puts yesterday. I'm curious, what did you do with this position? Link to comment Share on other sites More sharing options...
boilermaker75 Posted June 14, 2022 Share Posted June 14, 2022 2 hours ago, maxthetrade said: I'm curious, what did you do with this position? On Friday, June 10, I bought them back and I wrote July 8 expiration 305-strikes for the 305 strikes and June 24 expiration 300-strikes for the 302.5-strikes. Link to comment Share on other sites More sharing options...
WFF Posted June 14, 2022 Share Posted June 14, 2022 Bought JOE, BRKB, MU, DIS, PARA, BAC. Link to comment Share on other sites More sharing options...
Viking Posted June 14, 2022 Share Posted June 14, 2022 Last 2 days: BAC, GIL, RECP, DIS, AMZN, META Down to 60% cash. Will continue to sell down some positions on strength to keep bringing down my average cost as i do expect big volatility (with lower lows) until the Fed flips to dovish again. Link to comment Share on other sites More sharing options...
modiva Posted June 14, 2022 Share Posted June 14, 2022 Bought C, MU, EPSN. Added BRK. Considering KLAC, ATCO. Link to comment Share on other sites More sharing options...
Gregmal Posted June 14, 2022 Share Posted June 14, 2022 I’m personally waiting for single digits on the S&P to blow my load. Just kidding. Link to comment Share on other sites More sharing options...
CassiusKing1 Posted June 14, 2022 Share Posted June 14, 2022 Picked up some BRK yesterday $284.66. Also added to INTC. Link to comment Share on other sites More sharing options...
maxthetrade Posted June 14, 2022 Share Posted June 14, 2022 12 hours ago, boilermaker75 said: On Friday, June 10, I bought them back and I wrote July 8 expiration 305-strikes for the 305 strikes and June 24 expiration 300-strikes for the 302.5-strikes. Thanks! Link to comment Share on other sites More sharing options...
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