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What are you buying today?


LowIQinvestor

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Rapidly raising cash, sold more than half my remaining BAC options yesterday.

I'm moving into the to hard pile camp for now.

 

Me too. Liquidated 10% last week to hold ~25% cash.

 

Used about 2% of that buy more FNMAJ after Mnuchin's confirmation.

 

Getting antsy to begin liquidating more.

 

closed out all of my BAC position this week. My next biggest US based position is MKL, I really like their management and its been one of my top performers over the years but damned if its not priced high right now. At 20% cash at the moment but also down to 30% US exposure with most of that being MKL.

 

That said i am considering jumping into Fannie

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You guys should actually be posting in the "What are you selling today" topic in stead ... -Just saying! : - )

 

I never understood why there was a second thread. Always made more sense to me to have all transactions consolidated into a single thread as opposed to having multiple places for people to express their overall investment views and transactions. Isn't a sale just a "buying" cash?

 

This thread was first. It makes sense to consolidate. I'll keep posting here ;)

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You guys should actually be posting in the "What are you selling today" topic in stead ... -Just saying! : - )

 

I never understood why there was a second thread. Always made more sense to me to have all transactions consolidated into a single thread as opposed to having multiple places for people to express their overall investment views and transactions. Isn't a sale just a "buying" cash?

 

This thread was first. It makes sense to consolidate. I'll keep posting here ;)

 

 

+1 ; Especially when one is talking about options contracts Just saying ;)

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Started a small position in FNMA.

 

Sigh, great timing... guess I can average down now.

 

Sold all of my common (~30% of my position) and replaced it with a bit more preferred - overall position reduction of around 20% though.

 

Purchased more of the preferred today after the 10-15% drop. Have replaced about 2/3 of the common position that was sold with preferred.

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  • 2 weeks later...
Guest Schwab711

Sold ~20% of AUXO.

Sold 45% of WFC warrants and 50% of ORI options.

Sold ~25% of BRK.

Current holdings still > original amount invested for all of above.

 

Bought small position in GTN for managed account. Might expand position and will probably buy for PA soon.

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