buylowersellhigh Posted October 2, 2013 Posted October 2, 2013 I believe for AIG and BAC, the 2016 leaps come out Oct. 14, 2013. You could get the 2015 and roll to the 2017 by the time 2015 come close to expiration....
LowIQinvestor Posted October 2, 2013 Author Posted October 2, 2013 I just keep buying BP as well. Starting to buy PSX- Phillips 66. ( See Meryl Witner's comments)
muscleman Posted October 2, 2013 Posted October 2, 2013 I bought some BP yesterday. I looked at BP before but can't understand it. It doesn't seem to be that cheap. Maybe without the GOM saga, it can trade at $50, but that's it? Regarding the dividend, since I am in the US, I have to pay double tax for the dividend, which make it not so attractive. IRS does not allow deduction from foreign oil companies.
siddharth18 Posted October 2, 2013 Posted October 2, 2013 Loading up on NFLX, TSLA, YELP, FB, P, ANGI. Just kidding. Been adding EBIX, AWLCF, TSE:AM.
fareastwarriors Posted October 2, 2013 Posted October 2, 2013 Loading up on NFLX, TSLA, YELP, FB, P, ANGI. Just kidding. Been adding EBIX, AWLCF, TSE:AM. lol, got me... In my my mind, I was like how are those value names...did we suddenly switch to being a growth forum. hahaha ;D
scorpioncapital Posted October 2, 2013 Posted October 2, 2013 fbrc, cheap, just bought back 650,000 shares.
ourkid8 Posted October 8, 2013 Posted October 8, 2013 Is anyone adding to their portfolio? BAC and AIG options are looking mighty tempting... :) Tks, S
fareastwarriors Posted October 8, 2013 Posted October 8, 2013 Bought more BAC common. can't do options/other cool stuff due work restrictions :'(
Palantir Posted October 8, 2013 Posted October 8, 2013 IBM What's your IV estimate for IBM? I've looked at it many times, it just doesn't strike me as a "great" opportunity...but just an decent, low risk place to put cash.
Hawks Posted October 8, 2013 Posted October 8, 2013 Re IBM, it's the "free cash flow per share" that appeals to me. And continuous stock buybacks. Political mess has created a good buying opportunity in a great company, imo.
constructive Posted October 8, 2013 Posted October 8, 2013 More VRA and MIL. It's been a tough year on the short side, but short positions are working today and may be turning the corner.
Palantir Posted October 8, 2013 Posted October 8, 2013 Re IBM, it's the "free cash flow per share" that appeals to me. And continuous stock buybacks. Political mess has created a good buying opportunity in a great company, imo. That's pretty fair....but I'm going to be greedy and wait for sub 170 before I buy.
jschembs Posted October 8, 2013 Posted October 8, 2013 It's been a tough year on the short side, but short positions are working today and may be turning the corner. Amen to that. CRM finally turning, will re-investigate shorts of WDAY, LL, and FOSL.
Yours Truly Posted October 8, 2013 Posted October 8, 2013 It's been a tough year on the short side, but short positions are working today and may be turning the corner. Amen to that. CRM finally turning, will re-investigate shorts of WDAY, LL, and FOSL. Whats the short thesis on FOSL? Was looking at going long back when it was in the $90's a year ago but forgot about it
Philip Morris IV Posted October 8, 2013 Posted October 8, 2013 At the moment IBM is at 52wk low (actually 90wk low) and roughly 7% FCF yield. Passes the great biz/fair price test. Picked some up for clients today.
ScottHall Posted October 8, 2013 Posted October 8, 2013 Re IBM, it's the "free cash flow per share" that appeals to me. And continuous stock buybacks. Political mess has created a good buying opportunity in a great company, imo. That's pretty fair....but I'm going to be greedy and wait for sub 170 before I buy. It'd be great if it was just 10% cheaper. ;)
ASTA Posted October 8, 2013 Posted October 8, 2013 Anyone looking in to Orkla ASA have been looking in to this name and some good fund manger owns it.
Guest Qu1nt3ss0n Posted October 9, 2013 Posted October 9, 2013 Anyone looking in to Orkla ASA have been looking in to this name and some good fund manger owns it. Yep, came across this name when going through some old VII newsletters. Steve Romick (FPA) also discusses this in a forbes interview: www.forbes.com/sites/steveforbes/2013/04/23/steve-romick-trade-into-the-gold-you-can-eat-farmland/4/
fareastwarriors Posted October 9, 2013 Posted October 9, 2013 Anyone looking in to Orkla ASA have been looking in to this name and some good fund manger owns it. Yep, came across this name when going through some old VII newsletters. Steve Romick (FPA) also discusses this in a forbes interview: www.forbes.com/sites/steveforbes/2013/04/23/steve-romick-trade-into-the-gold-you-can-eat-farmland/4/
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