What are you buying today?

[StevieV]

JOE and PAX

[Junior R]

18 minutes ago, StevieV said:

JOE and PAX

Whats the elevated pitch on PAX

[Gregmal]

Been clearing out the various FNMA preferred, last of Pcyo, and buying more MSGE, ABNB plus starter in NKE. 

[Malmqky]

24 minutes ago, Gregmal said:

Been clearing out the various FNMA preferred, last of Pcyo, and buying more MSGE, ABNB plus starter in NKE. 

I agree MSGE looks attractive here, added a bit myself today. If one were to like SEA, MSGE should look twice as appetizing imo. ABNB certainly looks interesting as well...especially with a Trump presidency.

[Gregmal]

Yea I’ve rarely seen a stock as boring as msge trade as wildly on relatively nothing. The earnings were solid and everyone knows Q1 is always their seasonally soft quarter. The setup is nice as they are coming into their money printing season and have already indicated returning capital to shareholders should occur sometime in the spring. At $1.7b market cap they could pretty easily takeout another 5-10% of shares funded almost entirely from next 2-3 Qs of incoming cash.

[Masterofnone]

Also trimmed PCYO. Seems like a more enthusiastic market reaction than warranted by the results. (And that massive 150k buyback.....)

[LC]

Freaking hell, I really timed my exit of PCYO poorly. 

 

And well done on the FNMA (Trump) trades. That was a solid trade going into the election.

 

What am I learning here? I am a big ole dummy. 

 

Bought MSGE yesterday and today, I have a decent STNE position but might add to it as well.