Broeb22 Posted July 19, 2021 Posted July 19, 2021 35 minutes ago, Gregmal said: Just put another 3/2 waterfront townhome under contract. 30 year fixed FTW. YOLO. Maybe you'll be underwater on that (the townhome and the mortgage) by 2040
Gregmal Posted July 19, 2021 Posted July 19, 2021 Yea gonna have to confer with the scientists on how to "float it"...LOL
fareastwarriors Posted July 19, 2021 Posted July 19, 2021 15 minutes ago, Gregmal said: Yea gonna have to confer with the scientists on how to "float it"...LOL Private boat launch from the balcony. Usually have to pay extra for that
changegonnacome Posted July 19, 2021 Posted July 19, 2021 (edited) On 7/16/2021 at 1:15 PM, Gregmal said: Anyhow, added a good bit to MSGE. Not sure what kind of retard is selling at this valuation...from those I've talked with mainly its folks who dont like that its not a "pureplay" or have concerns about Dolan....ironically enough, basically the type of people who make those claims but then own crap like Viacom or the Malone entities....(hint, Dolan has destroyed Malone in terms of capital allocation over the past decade, but let the narrative persist). Anyhow, at $75 you can basically write down the entire Sphere to land plus scrap and still get upside. And who knows, maybe Boyar is right about MSGN and its worth 50% more than they paid(I dont see that, but who knows?) MSGE dip today couldn’t resist YOLO’ing into some $110 Dec 16 2022 call options..….got filled at $4.80 Thing with Delta is that it’s rapidly driving the US towards herd immunity such that Dec/Jan/Feb period prior to Delta I was concerned would be the the last COVID scare period that could reduce attendance at MSGE assets….the fall COVID spike has IMO been brought way forward I think….put it this way…..if you haven’t had a vaccine yet…..don’t worry Delta will hook you up with some antibodies in the next 6-8 weeks I think just given it’s infectiousness….. MSGE Q4 2021 & the Rockettes will be selling to packed houses Edited July 19, 2021 by changegonnacome
Gregmal Posted July 19, 2021 Posted July 19, 2021 15 minutes ago, changegonnacome said: MSGE dip today couldn’t resist YOLO’ing into some $110 Dec 16 2022 call options..….got filled at $4.80 Thing with Delta is that it’s rapidly driving the US towards herd immunity such that Dec/Jan/Feb period I was concerned as COVID last scare period has IMP been brought way forward I think….put it this way…..if you haven’t had a vaccine yet…..don’t worry Delta will hook you up with some antibodies in the next 6-8 weeks I think just given it’s infectiousness. MSGE Q4 2021 & the Rockettes will be selling to packed houses Yea me too(not calls but more shares). Looking at more aggressively selling some puts too. Its kind of dumb whats going on right now. Are people really stupid enough to get tricked into selling their stocks again? Today the market plummeted...in the real world home prices are at records, gas is the highest its been in years, HRC is near ATHs, and folks are going out like never before. Seems bizarre for the market to be so caught off guard by a predictable July 4th surge...
changegonnacome Posted July 19, 2021 Posted July 19, 2021 6 minutes ago, Gregmal said: Yea me too(not calls but more shares). Looking at more aggressively selling some puts too. Its kind of dumb whats going on right now. Are people really stupid enough to get tricked into selling their stocks again? Today the market plummeted...in the real world home prices are at records, gas is the highest its been in years, HRC is near ATHs, and folks are going out like never before. Seems bizarre for the market to be so caught off guard by a predictable July 4th surge... Yep lines around the block for Tao NY Downtown last weekend….. Read a couple of interviews with various touring groups/comedians in the last couple of months…..there are literally fights breaking out between acts looking to book venues for 2022…..I expect utilization rates for MSG/Radio City/Beacon/Chicago Theatre to be sky high with the roster packed with established high attendance/margin performers.
nwoodman Posted July 20, 2021 Posted July 20, 2021 More FFH for me too. Given information available, just too compelling (for me) to ignore at these levels.
Dynamic Posted July 20, 2021 Posted July 20, 2021 Wrote more BRK.B Puts - this time 13 Aug 21 at $270 strike.
n.r98 Posted July 20, 2021 Posted July 20, 2021 1 hour ago, Spekulatius said: A starter in FISV and a small add to VNT. Consider a look at Israeli based payment co, Shva.
Spekulatius Posted July 20, 2021 Posted July 20, 2021 8 hours ago, n.r98 said: Consider a look at Israeli based payment co, Shva. re SHVA - I have it on my watch list. I think it has been a Kuppy pick, or someone else from FinTwit. it seems to trade at roughly similar metrics than FISV, but with better growth. I did not feel that the risk from the “antitrust” like lawsuit from the regulator and the fact that it operates in a not so geopolitical stable area (Israel) makes it that great of a bargain.
fareastwarriors Posted July 20, 2021 Posted July 20, 2021 Been averaging down on my BTC and ETH holdings
Gregmal Posted July 21, 2021 Posted July 21, 2021 On 4/22/2021 at 1:19 PM, LC said: I did the same. Prefer puts but the premium is a bit high. NFLX has quite a bit of headwinds ahead of it. Competition is not going anywhere and will just intensify, I am not sure where they can squeeze additional growth, and with COVID winding down, my guess is more people would prefer to be outside vs. their living room. I also rarely short so this is a smaller % of the portfolio compared to Greg's above. Horrible numbers. Can't believe people are actually buying this here.
Gregmal Posted July 22, 2021 Posted July 22, 2021 Got loose confirmation that there is indeed some retard with a semi sized fund liquidating MSGE, so Im buying more. Added little bit more ALCO as well. Shorted more CLF puts.
dalekirkwood Posted July 23, 2021 Posted July 23, 2021 17 hours ago, Gregmal said: Got loose confirmation that there is indeed some retard with a semi sized fund liquidating MSGE, so Im buying more. Added little bit more ALCO as well. Shorted more CLF puts. MSGE Wasn't on my radar. After having a good look, that can be added to my buy list! Thanks!
boilermaker75 Posted July 23, 2021 Posted July 23, 2021 (edited) The usual, wrote some BRKB 277.5 puts that expire today. edit $0.41 per share Edited July 23, 2021 by boilermaker75
aws Posted July 23, 2021 Posted July 23, 2021 Wrote some GOTU Aug 2.50 puts. Very speculative, but it's a 15% return in just four weeks, and I have to think they'll still be at least some hope by then that shareholders won't be wiped out by the CCP. I've had good luck in the past writing OTM puts on absolute trash stocks like Luckin Coffee, or massively overvalued ones like GME and AMC, and hoping that streak continues.
Gregmal Posted July 24, 2021 Posted July 24, 2021 Bought some food for the kids on the way to the shore this morning. When the heck did McDonalds become so expensive? Ordered 2 hash browns(used to be .99 each) and a sausage egg and cheese(IIRC always like $3...was featured in the Buffett HBO doc!) and it was $8.30! Then went across to Burger King and got a jr cheeseburger, 10 piece chicken nuggets(same 10 piece nugget at MCD are like $5), a rodeo burger, small fries, mozzarella sticks, and a chocolate milk...for $8.74. I dont know why anyone would ever eat at MCD...only attraction used to be how cheap the food is. Now the same dogshit, plastic play food is more expensive than Burger King or Wendys and both of the later choices are significantly better quality.
Spekulatius Posted July 24, 2021 Posted July 24, 2021 Bought some MEGACPO again (Mexican cable co). The first time didn’t work out as I sold when Mexico went into a COVID-19 tailspin. Perhaps now the second time does the trick. Seems eternally cheap though.
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