What are you buying today?

[Spekulatius]

Added to PM, RTX and OUT.

[thowed]

3 hours ago, Gregmal said:

Closed this out which now makes the higher leverage MGK puts totally on the house and then some. Also funded more Nintendo 

 

This comment was in reply to a question I asked.  I'm extremely grateful to you for the explanation - it helped me think about options differently, and consequently has made the last week a lot more comfortable for me than it otherwise would have.  Thanks again!  And congrats.

[Lance]

BTI

 

Thanks

Lance

[Malmqky]

sold MO and put proceeds into BTI, the tobacco basket is no longer much of a basket - 60 some percent BTI and 30ish percent PM.

[CorpRaider]

KLG, BOC 

Edited October 5, 2023 by CorpRaider

[Whensthepaintdry?]

I have also been adding to BOC since it got under 17. I also have been adding to IMKTA. 

[Spooky]

Another little nibble of BRK B

[no_free_lunch]

Viemed (VMD.TO) - medical device company, good little compounder with huge runway, sales hit by COVID, I estimate it is trading around 20x current year earnings and growing 20% per year.   Roughly 15x next year analyst ]estimates.  Sold off recently with other medical companies.

Edited October 4, 2023 by no_free_lunch

[Gregmal]

Bought some more HTL on the dip 

[gfp]

16 minutes ago, Gregmal said:

Bought some more HTL on the dip 

 

Is there any actual news for the company or this is just one of those things?

[longlake95]

1 minute ago, gfp said:

 

Is there any actual news for the company or this is just one of those things?

Nope. Just a thin trader 

[gfp]

1 minute ago, longlake95 said:

Nope. Just a thin trader 

But the up-listing fixed everything!?

[longlake95]

1 minute ago, gfp said:

But the up-listing fixed everything!?

Ha. I guess not. Someday it gets some attention and more liquidity. It’s fertile ground.

[Gregmal]

Didn’t see anything. Dropped Wolf a quick message but I’m out shopping for a solid slab of spare ribs to smoke this afternoon so pretty much just going off the tape in front of me. $1.07-1.12 got a handful. 

[Ross812]

I had a 21% cash position and just dropped about 4% in this morning between LHX, BTI, TOITF, and ASHTY.

[Gregmal]

42 minutes ago, Gregmal said:

Didn’t see anything. Dropped Wolf a quick message but I’m out shopping for a solid slab of spare ribs to smoke this afternoon so pretty much just going off the tape in front of me. $1.07-1.12 got a handful. 

No news the company is aware of, per the Chief Executive.

[CorpRaider]

MGM, KHC, K

Edited October 5, 2023 by CorpRaider

[LC]

8 hours ago, CorpRaider said:

MGM, KHC, K

MGM reported a data breach: 

https://www.mgmresorts.com/en/letter-from-ceo.html

[nwoodman]

FFH.TO

[CorpRaider]

8 hours ago, LC said:

MGM reported a data breach: 

https://www.mgmresorts.com/en/letter-from-ceo.html

Thank you.  Yeah they are having a bumpy time to say the least.  I read they were relegated to using paper to process everything on premises a week or two ago.

[Paarslaars]

Bought some more OSTK options this week when the stock dropped below 15$, nice timing. 

 

Also was able to snatch up a few shares of GXE at 0.83 but most of the order hasn't filled yet.

Edited October 6, 2023 by Paarslaars

[TwoCitiesCapital]

 

Closed S&P puts for a gain

Still holding long puts on Apple and RIVN as partial market hedges

 

Sold OTM puts against my ITM puts on GLD to lock in recent profits. Used proceeds to add to my SBSW position which I want to accumulate long-term as I do expect gold/precious metals to outperform equities this decade - just hedging expected weakness from positive real rates/USD which GLD had been resilient to up until a week or two ago with the puts. 

 

Added to ZROZ and POAHY with proceeds of S&P puts. 

Edited October 6, 2023 by TwoCitiesCapital

[Spekulatius]

2 hours ago, TwoCitiesCapital said:

Added to ZROZ and POAHY with proceeds of S&P puts. 

POAHY / Porsche Holding is a stock that has forgotten that it can go up.

[TwoCitiesCapital]

2 minutes ago, Spekulatius said:

POAHY / Porsche Holding is a stock that has forgotten that it can go up.

 

Yup. No immediate catalyst to close NAV gap. Both VW and P911 have turned down recently which seems to be driving the sell off here too. 

 

It doesn't rally when it's assets rally, but sells off in sympathy when they drop

 

Not a huge position for me - but I love Porsche cars and feel good owning the company at a sizable discount. 

[Gregmal]

Started AMRK