Dave86ch Posted May 25, 2022 Share Posted May 25, 2022 Added to FB Link to comment Share on other sites More sharing options...
lnofeisone Posted May 25, 2022 Share Posted May 25, 2022 On 4/8/2022 at 1:26 PM, lnofeisone said: Another binary trade. Vertex Energy - the company is doing 100% pivot from used motor oil refining to being a refinery producing renewable diesel. Shell is trying to become green and is selling an enormously profitable refinery in Mobile, Alabama. What does it mean for VTNR: -Revenue today is 120M or so and it will go to about (VTNR-guided) 2.5B (you are reading this correctly) and 200M in gross profit for FY22. They just closed the purchase of the refinery. -They are guiding to 3.5B in revenue and 400M gross profit for FY23 -They have offtake and supply agreements signed -EV is about 700M once accounted for all new debt -There is a 30% short interest in the stock Options are insanely priced but 10/17.5 2023 vertical spread will cost you 1.10. Some references: https://www.accesswire.com/671855/Vertex-Energy-Reports-Third-Quarter-2021-Results-and-Provides-Strategic-Update This spread went from $1.10 to $2.70. I sold half the position and will ride the rest into expiry. Link to comment Share on other sites More sharing options...
DooDiligence Posted May 25, 2022 Share Posted May 25, 2022 GOOGL Link to comment Share on other sites More sharing options...
lnofeisone Posted May 25, 2022 Share Posted May 25, 2022 75/80 ATVI Jan 24 calls. Buffet clone. Link to comment Share on other sites More sharing options...
Charlie Posted May 27, 2022 Share Posted May 27, 2022 Sold an underperforming fund of my parents and bought Apple shares. Link to comment Share on other sites More sharing options...
longlake95 Posted May 27, 2022 Share Posted May 27, 2022 add a little more HTL Link to comment Share on other sites More sharing options...
Spekulatius Posted May 27, 2022 Share Posted May 27, 2022 bought the dip on $WDAY (starter) Link to comment Share on other sites More sharing options...
Gregmal Posted May 31, 2022 Share Posted May 31, 2022 Added a little more Berkshire. Link to comment Share on other sites More sharing options...
Dave86ch Posted June 1, 2022 Share Posted June 1, 2022 BTC Link to comment Share on other sites More sharing options...
lnofeisone Posted June 1, 2022 Share Posted June 1, 2022 SNOW starter. Link to comment Share on other sites More sharing options...
Red Lion Posted June 1, 2022 Share Posted June 1, 2022 Small add to APO and KKR Link to comment Share on other sites More sharing options...
throw123 Posted June 1, 2022 Share Posted June 1, 2022 goog Link to comment Share on other sites More sharing options...
bathtime Posted June 1, 2022 Share Posted June 1, 2022 6 hours ago, lnofeisone said: SNOW starter. Have you worked with SNOW’s tech, @lnofeisone? Link to comment Share on other sites More sharing options...
lnofeisone Posted June 1, 2022 Share Posted June 1, 2022 1 hour ago, bathtime said: Have you worked with SNOW’s tech, @lnofeisone? Yes and would say their products are top notch, on their own or when compared to competition (I've worked with Databricks, Redshift, etc.). I am already down $4/share on my purchase but I'm comfortable scaling in as this keep dropping. Link to comment Share on other sites More sharing options...
Gregmal Posted June 2, 2022 Share Posted June 2, 2022 Quadrupled my position in EPSN yesterday and today. Nice setup there. Link to comment Share on other sites More sharing options...
Spekulatius Posted June 2, 2022 Share Posted June 2, 2022 Added to DPW.DE / DPSGY yesterday. Link to comment Share on other sites More sharing options...
lnofeisone Posted June 2, 2022 Share Posted June 2, 2022 1 hour ago, Gregmal said: Quadrupled my position in EPSN yesterday and today. Nice setup there. Not familiar with this one (and probably shouldn't be given how excessively overweight I am in energy). What's the set up here? Link to comment Share on other sites More sharing options...
sfbm21 Posted June 2, 2022 Share Posted June 2, 2022 37 minutes ago, Spekulatius said: Added to DPW.DE / DPSGY yesterday. What is thesis here. Dividend? German govt ? Link to comment Share on other sites More sharing options...
Gregmal Posted June 2, 2022 Share Posted June 2, 2022 13 minutes ago, lnofeisone said: Not familiar with this one (and probably shouldn't be given how excessively overweight I am in energy). What's the set up here? 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. Link to comment Share on other sites More sharing options...
Spekulatius Posted June 2, 2022 Share Posted June 2, 2022 31 minutes ago, sfbm21 said: What is thesis here. Dividend? German govt ? DPW (DHL essentially) is a very cheap and well managed international logistics company. German government is not relevant here. Dividends and share buybacks provide a nice capital return. Link to comment Share on other sites More sharing options...
lnofeisone Posted June 2, 2022 Share Posted June 2, 2022 55 minutes ago, 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. Thanks and looks interesting. Feels like they are somewhat ahead of the curve without debt and already doing repurchases in the $7 range. Good floor for sure. They will also have a pile of cash come year end. Link to comment Share on other sites More sharing options...
ourkid8 Posted June 2, 2022 Share Posted June 2, 2022 Bought more RFP, it's close to a 5% position. Link to comment Share on other sites More sharing options...
KPO Posted June 4, 2022 Share Posted June 4, 2022 A bit more AIV @ $6.20; Hopefully it will go sub $5.50 again so I can make more serious purchases. Link to comment Share on other sites More sharing options...
fareastwarriors Posted June 8, 2022 Share Posted June 8, 2022 Pcyo and ckx Link to comment Share on other sites More sharing options...
Gregmal Posted June 8, 2022 Share Posted June 8, 2022 Flipped some PDD calls into more BRK Link to comment Share on other sites More sharing options...
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