TorontoRaptorsFan Posted January 6, 2016 Posted January 6, 2016 AAPL, DIS, TWTR, CMG, BRK.B, USB, WFC Fun day in megacap land. Chipotle is a great buy-in at their current price.
Guest Grey512 Posted January 7, 2016 Posted January 7, 2016 Shorting more VRX, CAT, DE. Shorting offshore Chinese Yuan.
gokou3 Posted January 7, 2016 Posted January 7, 2016 Shorting more VRX, CAT, DE. Shorting offshore Chinese Yuan. How do you short cnh? I have been looking for an asymmetric way to do this.
SmallCap Posted January 7, 2016 Posted January 7, 2016 Sold some PWE puts for Jan 2017 strike of $1 for $.50 If put to then I will get them at a 33% discount to today's price if they expire then i will be making a 90% Annual return seems a decent risk reward scenario, what are your thoughts?
frommi Posted January 7, 2016 Posted January 7, 2016 CFX, but feel really bad now. I dipped into margin because i don`t know what to sell for it.
Guest Grey512 Posted January 7, 2016 Posted January 7, 2016 Shorting more VRX, CAT, DE. Shorting offshore Chinese Yuan. How do you short cnh? I have been looking for an asymmetric way to do this. Outright; USD-CNH spot trade. Not asymmetric at all. I'm OK with a linear return profile here (for now). Not sure what asymmetric ways there are to express a negative view on China or CNH, to be honest.. Maybe one could buy put options on things that trade inversely with Chinese sentiment and Chinese consumer purchasing power. I.e. stuff like LVMH / Salvatore Ferragamo. Or buy put options on commodity & commodity-linked names like Glencore. Welcome your views. I periodically expressed a negative China trade by shorting YINN (a China ETF), but that's not asymmetric.
DTEJD1997 Posted January 7, 2016 Posted January 7, 2016 Hey all: I just bought some SVU. I figure it is good because they are going to spin off "Sav-a-lot" to shareholders. Anybody have any ideas on this? I'll be starting a thread on SVU if there is not one already.
doughishere Posted January 7, 2016 Posted January 7, 2016 CASH....If this china thing goes really south..theirs going to be some good places to deploy that cash in the coming 9-12 months.
Picasso Posted January 7, 2016 Posted January 7, 2016 More SXC. Didn't think I would get another shot at this price.
TwoCitiesCapital Posted January 7, 2016 Posted January 7, 2016 Shorted a tiny amount of NFLX as an auxiliary to my much, much larger SPY short. Just wanted more exposure to the expensive names in the index than straight up SPY gives me. Trying to sell puts on BBRY and purchase PDER but none of my limit orders are getting hit yet.
TorontoRaptorsFan Posted January 7, 2016 Posted January 7, 2016 AAPL DIS SAN Great purchases re: AAPL (lots of cash sitting on the books for acquisitions and share repurchases) and DIS what an incredible movie lineup coming out in 2016: Captain America 3, Star Wars: Rogue One, Finding Dory, Zootopia, and Dr. Strange. Will be interested to see how Iger reacts to continued cord cutting with ESPN subscribers. P.S. I love Minnesota. I visit St. Cloud every Christmas.
johnpane Posted January 8, 2016 Posted January 8, 2016 GNW Current price of $3.18 is one-sixth of its $20.30 NBV (2015-09-30, excluding AOCI). I am not aware of any significant negative developments since Booth-Laird's worst-case-destruction-of-value NBV of $8.85. http://www.boothlaird.com/wp-content/uploads/2015/08/Booth-Laird-Investment-Partnership-Genworth-Analysis.pdf
StubbleJumper Posted January 8, 2016 Posted January 8, 2016 BRK. It's not quite the no-brainer that it was when TWACOWFCA flagged it a couple of years ago as the mother of easy trades, but the valuation is still quite compelling.
frommi Posted January 8, 2016 Posted January 8, 2016 CASH....If this china thing goes really south..theirs going to be some good places to deploy that cash in the coming 9-12 months. And how do you know if we are not going up 20% first? Can feel pretty dumb to sit in cash than. :)
doughishere Posted January 8, 2016 Posted January 8, 2016 If you look around there is a lot of smart money sitting on it....Berkshire sitting on $58B.
JBTC Posted January 8, 2016 Posted January 8, 2016 Shorting more VRX, CAT, DE. Shorting offshore Chinese Yuan. How do you short cnh? I have been looking for an asymmetric way to do this. Outright; USD-CNH spot trade. Not asymmetric at all. I'm OK with a linear return profile here (for now). Not sure what asymmetric ways there are to express a negative view on China or CNH, to be honest.. Maybe one could buy put options on things that trade inversely with Chinese sentiment and Chinese consumer purchasing power. I.e. stuff like LVMH / Salvatore Ferragamo. Or buy put options on commodity & commodity-linked names like Glencore. Welcome your views. I periodically expressed a negative China trade by shorting YINN (a China ETF), but that's not asymmetric. Sorry, in what brokerage account could you do the USD-CNH trade? Thanks.
shhughes1116 Posted January 8, 2016 Posted January 8, 2016 If you look around there is a lot of smart money sitting on it....Berkshire sitting on $58B. I don't think you can read much into Berkshire's cash balance. While I don't follow them closely (I know, that is like blasphemy on this message board...), I'm pretty sure they have held a high cash balance for the last few years, and I assume some of the cash sitting on their balance sheet is for the closing of their $32 billion acquisition of precision castparts.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now