boilermaker75 Posted December 2, 2018 Share Posted December 2, 2018 Wrote some GILD 70-strike Dec 14 expiration puts on Friday for $1.08 per share. Link to comment Share on other sites More sharing options...
gfp Posted December 2, 2018 Share Posted December 2, 2018 Hey, I'm wondering what happened to cause this company to move 20% in a day. Why did you decide to buy calls? Mfcb calls Link to comment Share on other sites More sharing options...
bizaro86 Posted December 2, 2018 Share Posted December 2, 2018 MFCB owns a royalty on an iron ore mine that has shut down in Canada. Tacora, the private company that owns the mine announced they had closed the funding on the 27th. This is a big deal, as it should be $20 MM+ in annual revenue at 100% gross margins for a company that has a market cap of ~$60MM after the move. We talked a but about it in the ALS thread. Link to comment Share on other sites More sharing options...
gfp Posted December 2, 2018 Share Posted December 2, 2018 Thanks - I had missed that Link to comment Share on other sites More sharing options...
bigbluffzinc Posted December 3, 2018 Share Posted December 3, 2018 VB, LNR, FB Link to comment Share on other sites More sharing options...
no_free_lunch Posted December 3, 2018 Share Posted December 3, 2018 Took a position in sec.to. PB was around 0.55 based on Sept 30 numbers, book would have dropped for sure over past 2 months but still should be around 0.6 book. Link to comment Share on other sites More sharing options...
flesh Posted December 4, 2018 Share Posted December 4, 2018 More ADS at 189.30. 30% position now. Link to comment Share on other sites More sharing options...
kab60 Posted December 4, 2018 Share Posted December 4, 2018 More ADS at 189.30. 30% position now. Ditto. And the percentage isn't far off either. Link to comment Share on other sites More sharing options...
Lakesider Posted December 5, 2018 Share Posted December 5, 2018 Bought more naspers. Can't stop. Link to comment Share on other sites More sharing options...
boilermaker75 Posted December 6, 2018 Share Posted December 6, 2018 Wrote 205-strike, 12/7/18 expiration BRKB puts for $1.65 per share. Link to comment Share on other sites More sharing options...
gfp Posted December 6, 2018 Share Posted December 6, 2018 Wrote 205-strike, 12/7/18 expiration BRKB puts for $1.65 per share. Copied your trade but got filled at 1.80. Trying again at 2.15... Incidentally, CA wildfire claims looking like $20billion for the industry this quarter Link to comment Share on other sites More sharing options...
boilermaker75 Posted December 6, 2018 Share Posted December 6, 2018 Wrote 205-strike, 12/7/18 expiration BRKB puts for $1.65 per share. Copied your trade but got filled at 1.80. Trying again at 2.15... Incidentally, CA wildfire claims looking like $20billion for the industry this quarter I'm now thinking about the 202.50 strike puts. Link to comment Share on other sites More sharing options...
Viking Posted December 6, 2018 Share Posted December 6, 2018 BAC; down 11% in 2 days... Trading at about 10X 2018 earnings. Perhaps the end is coming... I doubt it :-) Link to comment Share on other sites More sharing options...
boilermaker75 Posted December 6, 2018 Share Posted December 6, 2018 Wrote 205-strike, 12/7/18 expiration BRKB puts for $1.65 per share. Copied your trade but got filled at 1.80. Trying again at 2.15... Incidentally, CA wildfire claims looking like $20billion for the industry this quarter Just heard from my daughter. Now they have pouring rain, which will probably result in more losses caused by mud slides. If you remember Dan from the BMY board, he lives in Malibu. He is fine. They had power out for a couple of days, no mail or internet for 9 days, problematic road closures — all small stuff in context. Link to comment Share on other sites More sharing options...
SmallCap Posted December 6, 2018 Share Posted December 6, 2018 Dipped my toe in the water with WY at 25.15 Link to comment Share on other sites More sharing options...
gfp Posted December 6, 2018 Share Posted December 6, 2018 Ended up getting filled on a couple 200 strike Dec 7th puts for $1.00. 205s got filled at 1.80 and 2.15 Wrote 205-strike, 12/7/18 expiration BRKB puts for $1.65 per share. Copied your trade but got filled at 1.80. Trying again at 2.15... Incidentally, CA wildfire claims looking like $20billion for the industry this quarter I'm now thinking about the 202.50 strike puts. Link to comment Share on other sites More sharing options...
Spekulatius Posted December 6, 2018 Share Posted December 6, 2018 I bought some BWEL because someone had a yard sale. Link to comment Share on other sites More sharing options...
rb Posted December 6, 2018 Share Posted December 6, 2018 BRK, WFC, AAPL. Not as much as i wanted because Jurgis was buying today moved the market. Link to comment Share on other sites More sharing options...
Jurgis Posted December 6, 2018 Share Posted December 6, 2018 BRK, WFC, AAPL. Not as much as i wanted because Jurgis was buying today moved the market. When a guy has to buy, a guy has to buy. 8) Link to comment Share on other sites More sharing options...
John Hjorth Posted December 6, 2018 Share Posted December 6, 2018 BRK, WFC, AAPL. Not as much as i wanted because Jurgis was buying today moved the market. When a guy has to buy, a guy has to buy. 8) Honestly, a stint of good humor in this carnage does not harm anyone. -Which also brings me to the point: What have you been buying today, Jurgis? [The answer for my own part to that particular question is: Nothing]. Link to comment Share on other sites More sharing options...
Jurgis Posted December 6, 2018 Share Posted December 6, 2018 BRK, WFC, AAPL. Not as much as i wanted because Jurgis was buying today moved the market. When a guy has to buy, a guy has to buy. 8) Honestly, a stint of good humor in this carnage does not harm anyone. -Which also brings me to the point: What have you been buying today, Jurgis? [The answer for my own part to that particular question is: Nothing]. Sorry, but I don't post day-to-day purchases and sales. I'll post my monthly activity as always on SI and my blog. IMO nobody should follow what I buy or sell or base any decisions on that. 8) Everything I posted to rb is true. To some degree. 8) Link to comment Share on other sites More sharing options...
rb Posted December 6, 2018 Share Posted December 6, 2018 I LOVE CARNAGE! GIVE ME MORE! LET THERE BE BLOOD IN THE STREETS! ;D Link to comment Share on other sites More sharing options...
Jurgis Posted December 6, 2018 Share Posted December 6, 2018 I LOVE CARNAGE! GIVE ME MORE! LET THERE BE BLOOD IN THE STREETS! ;D I LOVE CANADA! ... oh wait. You said CARNAGE. Never mind. Link to comment Share on other sites More sharing options...
John Hjorth Posted December 6, 2018 Share Posted December 6, 2018 I LOVE CARNAGE! GIVE ME MORE! LET THERE BE BLOOD IN THE STREETS! ;D I LOVE CANADA! ... oh wait. You said CARNAGE. Never mind. BRK, WFC, AAPL. Not as much as i wanted because Jurgis was buying today moved the market. When a guy has to buy, a guy has to buy. 8) Honestly, a stint of good humor in this carnage does not harm anyone. -Which also brings me to the point: What have you been buying today, Jurgis? [The answer for my own part to that particular question is: Nothing]. Sorry, but I don't post day-to-day purchases and sales. I'll post my monthly activity as always on SI and my blog. IMO nobody should follow what I buy or sell or base any decisions on that. 8) Everything I posted to rb is true. To some degree. 8) I'll let it go from here, and stay away from it here on CoBF going forward, as useless, from my own personal perspective. Link to comment Share on other sites More sharing options...
muscleman Posted December 7, 2018 Share Posted December 7, 2018 I put 85% of my portfolio into BIL today. This is the 3 month treasury bill ETF. I am not seeing a lot of opportunities right now, so I am patiently waiting and spending a lot of time researching. For people who bought AAPL thinking it is cheap, don't forget Cisco lost 90% in 2000 before it turns back up. AAPL changed its reporting metrics. This is a big red flag. Link to comment Share on other sites More sharing options...
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