What are you buying today?

[ERICOPOLY]

3 minutes ago, Gregmal said:

Yea I think it varies. All I own is some October and November IWM puts. The Oct $180 strike for instance went from $2.6-2.8 to now $5. I’ll probably hold it for a few more weeks. Obviously we need to start getting worked up for the September rate hike. I’ve heard the world ends with a 3.5-4% Fed funds rate. So you wanna sell just before everything goes to black.

 

A lot of what we have to thank is the 'mother of all fears' from the 1982 P/E.

[Gregmal]

I’m just so grateful for all the folks who still haven’t gotten over the GFC. They’ve been creating wonderful opportunities for over a decade now thinking that everything is 2.0

 

Powell has outright stated numerous times the goal is to raise til inflation subsides and then bring rates down. You’ve already seen that the rhetoric works. The majority of the supply chain stuff will be fixed in the next few months. Energy is the only thing they don’t have a say in. But regardless you’re looking at what is yet another classic short term “issue” that’s creating long term opportunity. In a few years people won’t remember this anymore than they remember the China crisis in August 2016.

[CorpRaider]

18 hours ago, Spekulatius said:

Early happy hours drinks or are you talking about stonks?

  

Haha! I partnered with Thomas Petterffy on $SLG.  He can be capricious, so let's just say I hope it works out as well for me as it did for Rick Guerin.   

Edited August 27, 2022 by CorpRaider

[oscarazocar]

23 hours ago, CorpRaider said:

Oh I was just joking, it's an old talk on youtube to DU students and he talks about levering up $T stock on margin.  He doesn't really talk about anything substantive w/r/t $T.

 

I think this is it:  

 

 

Edit:  Whelp, I got filled.  I think I'm going to puke.

There is a good book form 2005 called The End of the Line on AT&T's big move into cable with the purchase of TCI and MediaOne in 1998.  There is lots on John Malone in it.

 

https://www.amazon.com/End-Line-Leslie-Cauley/dp/1439123098

 

[RetroRanger]

More Haier - Shares (690D.DE), STILL 200% upside alone from the Spread to the H-Shares $6690.HK and today they again had in this weak HK environment double digit growth (15-20%) on EPS and Net income. An absolute insane beast and yet all share classes have the EXACT same rights.

Did i mention that last weak, the D-Shares got a 6% dividend yield.

Its insane... (if anyone interested, its still the same special situation from Jeremy Raper a year ago https://seekingalpha.com/article/4399099-haier-smart-home-german-listed-shares-50minus-80-percent-near-term-upside-massive-discount-to)

 

 

 

[nwoodman]

KMX add on open

[RetroRanger]

Probably some A2M.ASX shares , turnaround seems to be there, and buyback is good  

Edited August 30, 2022 by RetroRanger

[CorpRaider]

CMCSA

[lnofeisone]

Reloaded on some VET calls. Love how it trades with oil news but it's a nat gas company. 

[Viking]

Fairfax India at US$10.15; small anount.

 

My hope is they do another dutch auction later this year ($200 million in cash plus proceeds from IIFL Wealth sale when it closes). 
 

The rub is if interest in IDBI Bank is real… perhaps that is where the cash goes. 
- https://www.thehindubusinessline.com/money-and-banking/prem-watsas-fairfax-shows-interest-in-idbi-bank/article65496966.ece

[LC]

50 minutes ago, lnofeisone said:

Reloaded on some VET calls. Love how it trades with oil news but it's a nat gas company. 

Same. How far out with the calls are you going? I usually stick with about 6 mo and slightly OOM.

[lnofeisone]

48 minutes ago, LC said:

Same. How far out with the calls are you going? I usually stick with about 6 mo and slightly OOM.

I got Dec 25s@$5.70 and currently in process of getting Mar 25s. I got few Mar 25s @$6.90 but lowered the price a bit. 

[throw123]

brkb

[fareastwarriors]

$CLPR in the $7.50s

[Gregmal]

17 minutes ago, fareastwarriors said:

$CLPR in the $7.50s

Is that a typo? Been out with the kids today but how TF did that happen?

[Mephistopheles]

1 hour ago, fareastwarriors said:

$CLPR in the $7.50s

lucky! I wonder why it dropped so much so briefly

[Mephistopheles]

1 hour ago, Gregmal said:

Is that a typo? Been out with the kids today but how TF did that happen?

I thought the same but it was down there for a few min right at the open 

[fareastwarriors]

7 hours ago, Mephistopheles said:

lucky! I wonder why it dropped so much so briefly

No idea what happened but not complaining!

 

I had a bunch of limit orders in the 7s.    Small orders though

Edited September 1, 2022 by fareastwarriors

[Gregmal]

Added some Fairfax 

[lessthaniv]

Me too

[Viking]

Me three (FFH)

[Spekulatius]

Starter in EXOR today. Also started / added to $COF.

[Red Lion]

Added a SPY put debit spread expiring September 14 for 375/370 at a cost of $0.75. Just closed out my $420/$410 debit spread for $9.95 which I put on for $1.80. 

[Cod Liver Oil]

Bought back some UMG.

[maxthetrade]

Added to FFH, bought KMX and wrote some BRK puts.