sleepydragon Posted December 8, 2023 Share Posted December 8, 2023 doubled my Spirit. Link to comment Share on other sites More sharing options...
Paarslaars Posted December 8, 2023 Share Posted December 8, 2023 Didn't you already have a large position? I want to add more but I'm having a difficulty averaging up in the options. Link to comment Share on other sites More sharing options...
sleepydragon Posted December 8, 2023 Share Posted December 8, 2023 1 minute ago, Paarslaars said: Didn't you already have a large position? I want to add more but I'm having a difficulty averaging up in the options. I have both stocks and some calls. I am adding the stocks only because i am not sure about the timings . Options actually became cheaper recently, especially the Jan options that I owns.. Link to comment Share on other sites More sharing options...
Paarslaars Posted December 8, 2023 Share Posted December 8, 2023 (edited) I own the Jan 20$ options as well but my cost basis is 0.95... up 100% right now so not complaining. Was thinking to go a bit further out with options to avoid the timing, ruling should be done latest end of January? Worst case mid February? Only concern is a quick "DOJ files for appeal" before I can sell out. Edited December 8, 2023 by Paarslaars Link to comment Share on other sites More sharing options...
Malmqky Posted December 8, 2023 Share Posted December 8, 2023 Little Tencent, little BTI Link to comment Share on other sites More sharing options...
n.r98 Posted December 8, 2023 Share Posted December 8, 2023 (edited) Strong view merger closes so sold my 25 Jan JBLU calls and closed out my SAVE option positions for March and added more to SAVE (stock as well to avoid option risk of delay or recuts) just like sleepydrag. Fings crossed Edited December 8, 2023 by n.r98 Link to comment Share on other sites More sharing options...
sleepydragon Posted December 8, 2023 Share Posted December 8, 2023 21 minutes ago, n.r98 said: Strong view merger closes so sold my 25 Jan JBLU calls and closed out my SAVE option positions for March and added more to SAVE (stock as well to avoid option risk of delay or recuts) just like sleepydrag. Fings crossed my id is not sleepydrag it's sleepy dragon:) Link to comment Share on other sites More sharing options...
sleepydragon Posted December 8, 2023 Share Posted December 8, 2023 22 minutes ago, n.r98 said: Strong view merger closes so sold my 25 Jan JBLU calls and closed out my SAVE option positions for March and added more to SAVE (stock as well to avoid option risk of delay or recuts) just like sleepydrag. Fings crossed yeah, I was thinking to close my Jan 20 Calls, but eventually decided to keep it for "blue sky" upside. If deal closes my stocks winning will cover all potential loses from the call. Link to comment Share on other sites More sharing options...
sleepydragon Posted December 8, 2023 Share Posted December 8, 2023 40 minutes ago, Paarslaars said: I own the Jan 20$ options as well but my cost basis is 0.95... up 100% right now so not complaining. Was thinking to go a bit further out with options to avoid the timing, ruling should be done latest end of January? Worst case mid February? Only concern is a quick "DOJ files for appeal" before I can sell out. ruling supposed to be out by end of the year.. The judge is probably already typing it up now, impo Link to comment Share on other sites More sharing options...
n.r98 Posted December 9, 2023 Share Posted December 9, 2023 9 hours ago, sleepydragon said: my id is not sleepydrag it's sleepy dragon:) sorryyyy sleepy dragon haha Link to comment Share on other sites More sharing options...
lnofeisone Posted December 10, 2023 Share Posted December 10, 2023 On 12/8/2023 at 10:15 AM, sleepydragon said: I have both stocks and some calls. I am adding the stocks only because i am not sure about the timings . Options actually became cheaper recently, especially the Jan options that I owns.. SAVE weekly puts have an insane premium. You can buy March 15 for $5 and sell weekly going to next Friday for $1. Just some food for thought. Link to comment Share on other sites More sharing options...
Luke Posted December 11, 2023 Share Posted December 11, 2023 Baba in Hongkong Link to comment Share on other sites More sharing options...
Jaygo Posted December 11, 2023 Share Posted December 11, 2023 On 12/7/2023 at 12:26 PM, Jaygo said: SSNT for a tracker on Brad Jacobs. On December 11th he is doing an announcement on his plans for the company. Up 23% so far. Thankfully it was just a tracker so I wont get an ego. Nor much more than a champagne lunch for one. Anyway Brad Jacobs will be using this as a platform for his building products dist acquisitions. After reading the filings the owners of SSNT will only be getting 15 basis points of the new co and a 2.5 million dollar or 5% one time dividend. So the jump up in shares seems just news driven and will not be overly beneficial. The value of brad Jacobs entity to current shareholders is roughly 10 million or 20% of current cap. Is there a thread on Building products distribution? may be time to start one since Site, ferg, Building products group, richelieu have all done very very well and now we have one of the best acquisitors coming into the space. Link to comment Share on other sites More sharing options...
CorpRaider Posted December 11, 2023 Share Posted December 11, 2023 1 hour ago, Jaygo said: Up 23% so far. Thankfully it was just a tracker so I wont get an ego. Nor much more than a champagne lunch for one. Anyway Brad Jacobs will be using this as a platform for his building products dist acquisitions. After reading the filings the owners of SSNT will only be getting 15 basis points of the new co and a 2.5 million dollar or 5% one time dividend. So the jump up in shares seems just news driven and will not be overly beneficial. The value of brad Jacobs entity to current shareholders is roughly 10 million or 20% of current cap. Is there a thread on Building products distribution? may be time to start one since Site, ferg, Building products group, richelieu have all done very very well and now we have one of the best acquisitors coming into the space. I have some relatives who, to all outward appearances, have done very well in this space over time. Link to comment Share on other sites More sharing options...
jouni1 Posted December 11, 2023 Share Posted December 11, 2023 1 hour ago, Jaygo said: Up 23% so far. Thankfully it was just a tracker so I wont get an ego. Nor much more than a champagne lunch for one. Anyway Brad Jacobs will be using this as a platform for his building products dist acquisitions. After reading the filings the owners of SSNT will only be getting 15 basis points of the new co and a 2.5 million dollar or 5% one time dividend. So the jump up in shares seems just news driven and will not be overly beneficial. The value of brad Jacobs entity to current shareholders is roughly 10 million or 20% of current cap. Is there a thread on Building products distribution? may be time to start one since Site, ferg, Building products group, richelieu have all done very very well and now we have one of the best acquisitors coming into the space. Interested as I missed out on XPO despite buying it once Do start a thread to keep track of this. Sounds like the best time to purchase isn't probably right now though Link to comment Share on other sites More sharing options...
KPO Posted December 11, 2023 Share Posted December 11, 2023 (Re)starter in BTI after a year hiatus. Kind of surprising to see this yielding 10%. Link to comment Share on other sites More sharing options...
Xerxes Posted December 11, 2023 Share Posted December 11, 2023 3 hours ago, Jaygo said: Up 23% so far. Thankfully it was just a tracker so I wont get an ego. Nor much more than a champagne lunch for one. Anyway Brad Jacobs will be using this as a platform for his building products dist acquisitions. After reading the filings the owners of SSNT will only be getting 15 basis points of the new co and a 2.5 million dollar or 5% one time dividend. So the jump up in shares seems just news driven and will not be overly beneficial. The value of brad Jacobs entity to current shareholders is roughly 10 million or 20% of current cap. Is there a thread on Building products distribution? may be time to start one since Site, ferg, Building products group, richelieu have all done very very well and now we have one of the best acquisitors coming into the space. as much as I like to be alongside him for his next venture, this specific vehicle sounds like a SPAC, where the price gets unhinged a bit. There will be a lot of front running here. Link to comment Share on other sites More sharing options...
CorpRaider Posted December 11, 2023 Share Posted December 11, 2023 2 hours ago, jouni1 said: Interested as I missed out on XPO despite buying it once Do start a thread to keep track of this. Sounds like the best time to purchase isn't probably right now though Yeah I'll probably at least wait until he wraps up his book tour before taking a real look. haha. Link to comment Share on other sites More sharing options...
Jaygo Posted December 11, 2023 Share Posted December 11, 2023 Yes the action on ssnt is crazy. As my quick calculation came to buying at todays price and discounting the existing business and the dividend marks the newco at around 12biillion dollars. Kind of steep for a platform without a single acquisition. folks do love a story though. I bought purely to keep tabs so I don’t forget to dig deeper down the road once it’s up and running. as I mentioned above. 40% in five days would be great if I had bought any quantity. Link to comment Share on other sites More sharing options...
Dinar Posted December 11, 2023 Share Posted December 11, 2023 1 hour ago, KPO said: (Re)starter in BTI after a year hiatus. Kind of surprising to see this yielding 10%. Pro-forma for December dividend and increase in March closer to 10.7-11% Link to comment Share on other sites More sharing options...
Gregmal Posted December 11, 2023 Share Posted December 11, 2023 Long la liquidityless litigation liquidation. Bought $30k worth of GYRO. Might buy more if I feel lively and can get some stock. Link to comment Share on other sites More sharing options...
Dinar Posted December 11, 2023 Share Posted December 11, 2023 35 minutes ago, Gregmal said: Long la liquidityless litigation liquidation. Bought $30k worth of GYRO. Might buy more if I feel lively and can get some stock. Good grief, I looked at it in 2004. Is it still around? I will take a look again, thank you for the remainder. Link to comment Share on other sites More sharing options...
Gregmal Posted December 11, 2023 Share Posted December 11, 2023 6 minutes ago, Dinar said: Good grief, I looked at it in 2004. Is it still around? I will take a look again, thank you for the remainder. It is said to be dead by YE 2024. Maybe, maybe not. Link to comment Share on other sites More sharing options...
bargainman Posted December 12, 2023 Share Posted December 12, 2023 Anyone looking at Paypal? Link to comment Share on other sites More sharing options...
Saluki Posted December 12, 2023 Share Posted December 12, 2023 Trimmed a few shares of GOOG (not that there is anything wrong with the company, but it's my largest position), and sprinkled it around in few very small purchases of BTI, SFL, KNOP, NEP, ENPH, and TAYD. Link to comment Share on other sites More sharing options...
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