Luke Posted September 27 Share Posted September 27 Life picture from China buyers at global stock exchanges the last few days: Link to comment Share on other sites More sharing options...
UK Posted September 28 Share Posted September 28 21 hours ago, Luke said: Life picture from China buyers at global stock exchanges the last few days: Link to comment Share on other sites More sharing options...
dipod Posted October 3 Share Posted October 3 Sold most of my PDD calls. Took some money off the table. Still some skin in the game however. Link to comment Share on other sites More sharing options...
Paarslaars Posted October 3 Share Posted October 3 Nice timing. Link to comment Share on other sites More sharing options...
Malmqky Posted October 4 Share Posted October 4 Sold the Fairfax shares I bought in August for a nice little gain. Back down to “only” a 20 some % position. Link to comment Share on other sites More sharing options...
Spekulatius Posted October 4 Share Posted October 4 Reduced my LW position at about breakeven. Stock has recovered some after the earnings, but ai find both the business, the valuation and management uninspiring. I figured I was wrong getting involved in this stock in the first place. I probably sell down the rest as well. Link to comment Share on other sites More sharing options...
zzzyx Posted October 4 Share Posted October 4 Sold most of my IMKTA....that storm did a number on their distribution center/inventory. And they self-insure. Gonna be some tough sledding there for a while. Some puts might be interesting for those into making leveraged bets. Link to comment Share on other sites More sharing options...
Ross812 Posted October 8 Share Posted October 8 Sold out of HSY. The company could still be a good LT pick, but future estimates have come down from both analysts and the company and a 20x PE is too expensive with earnings below $10/share for the next several years. Link to comment Share on other sites More sharing options...
KPO Posted October 15 Share Posted October 15 SIRI. Quick 20%, and just don’t love the business given competition for various types of content. Link to comment Share on other sites More sharing options...
bizaro86 Posted October 18 Share Posted October 18 SOBO.to Not selling fully, just taking a bit off the table after the post-spin run-up. I still like the assets (and given the level of leverage this isn't that big a change in EV/EBITDA which is the correct way to value this imo). Link to comment Share on other sites More sharing options...
Luke Posted October 18 Share Posted October 18 part of the WOSG position at 14% gain in a month. Have concerns about rolex i just couldnt look over. Link to comment Share on other sites More sharing options...
cubsfan Posted October 18 Share Posted October 18 On 10/4/2024 at 5:06 PM, Spekulatius said: Reduced my LW position at about breakeven. Stock has recovered some after the earnings, but ai find both the business, the valuation and management uninspiring. I figured I was wrong getting involved in this stock in the first place. I probably sell down the rest as well. This was a good one @Spekulatius . I never heard of these guys, but talk about boring - french fry company, world's largest. Yawn... Wish I had bought more of it. Thanks and nice work here. Link to comment Share on other sites More sharing options...
Spekulatius Posted October 18 Share Posted October 18 (edited) 1 hour ago, cubsfan said: This was a good one @Spekulatius . I never heard of these guys, but talk about boring - french fry company, world's largest. Yawn... Wish I had bought more of it. Thanks and nice work here. lol, I was breakeven when exiting. Glad somebody else makes money from it. My timing on entry and exit was incredible bad. Looks like an activist is coming from them. Edited October 18 by Spekulatius Link to comment Share on other sites More sharing options...
LC Posted October 18 Share Posted October 18 sold a little more CLPR. took about 20% off the position in the past few days ranging from 6.70-7.05 or so Link to comment Share on other sites More sharing options...
Monsieur_dee Posted October 18 Share Posted October 18 Completely out of zoomer media. Link to comment Share on other sites More sharing options...
fareastwarriors Posted October 19 Share Posted October 19 18 hours ago, LC said: sold a little more CLPR. took about 20% off the position in the past few days ranging from 6.70-7.05 or so why now? Link to comment Share on other sites More sharing options...
LC Posted October 19 Share Posted October 19 Mainly a trading decision - I see value in CLPR assets but the stock does not trade very well and I don't think management works to maximize the share price. I'd rather reduce exposure and take what the market gives me. Probably it shoots back up to 8/9, but this is finally a sub 3% position for me and I am a lot more comfortable with that. Opportunity cost over the past 2 years sucks, unfortunately. Link to comment Share on other sites More sharing options...
UK Posted October 21 Share Posted October 21 I could be wrong, but my gut still does not allows me to get a conviction for a substantial China allocation, so I sold a few minor China positions and bought more of RTO instead:) Link to comment Share on other sites More sharing options...
Paarslaars Posted October 21 Share Posted October 21 Sold some Metaplanet today, was able to participate in the rights offering so got some extra shares cheaply, sold them for a nice profit. Link to comment Share on other sites More sharing options...
Saluki Posted October 21 Share Posted October 21 Sold half my position in Tsakos. I'm trying to reduce my margin before the election, and this was down so I can use the tax loss this year. I'll be trimming some other things soon. Link to comment Share on other sites More sharing options...
LC Posted October 21 Share Posted October 21 On 10/19/2024 at 11:51 AM, LC said: Mainly a trading decision - I see value in CLPR assets but the stock does not trade very well and I don't think management works to maximize the share price. I'd rather reduce exposure and take what the market gives me. Probably it shoots back up to 8/9, but this is finally a sub 3% position for me and I am a lot more comfortable with that. Opportunity cost over the past 2 years sucks, unfortunately. Today kind of illustrates what I (poorly) was trying to communicate here. Something like Berkshire- management (Buffett) does a good job of providing consistency. Dependable businesses and cashflows, and he buys back stock when below IV. Clipper- shortly put, there is a lot of instability. Management sort of turns a blind eye to it. For a company like Berkshire I might be buying back some of the shares I sold in the $7 range. But Clipper I will wait to see if this sinks back into the $5/sh range. Bit of a trading sardine despite NYC real estate assets. Link to comment Share on other sites More sharing options...
Red Lion Posted October 22 Share Posted October 22 I trimmed some OWL in my retirement account. I've lost more money selling winners than buying losers, and I try to remind myself of that. But the retirement account is heavily concentrated, and I just can't take advantage of these short term gains in my other investment accounts without paying a punitive tax rate. I immediately rolled the proceeds into JOE (starting the position inside my retirement account). So after today's sale, OWL/APO are about equal weight in my retirement account, both accounting for ~20% positions. Nintendo and PM are at 15%. JOE and BTI are at 8%. CLPR/CPT/OXY warrants are ~4% positions. Link to comment Share on other sites More sharing options...
fareastwarriors Posted October 22 Share Posted October 22 10 minutes ago, Red Lion said: I just can't take advantage of these short term gains in my other investment accounts without paying a punitive tax rate. You need to join us and get that Real Estate Professional status. What Fed/CA income taxes Link to comment Share on other sites More sharing options...
Red Lion Posted October 22 Share Posted October 22 15 minutes ago, fareastwarriors said: You need to join us and get that Real Estate Professional status. What Fed/CA income taxes Seriously! I think I'm close. I just sent you a message. Link to comment Share on other sites More sharing options...
Spekulatius Posted October 22 Share Posted October 22 Reducing $BAC and $LUV Link to comment Share on other sites More sharing options...
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