what are you selling today?

[frommi]

Sold out of Scandinavian Tobacco Group, results are again a pretty bad, same as outlook. Somehow i still managed to not lose money outside of opportunity cost. 

[lnofeisone]

On 3/3/2026 at 1:00 PM, Eng12345 said:

I sold my vg position today. Looks like they had another arbitration win which pumped it another day 7%.

 

I want it to be a long term but with the vol I think I can snag it a fair bit cheaper. 

The win yesterday wasn't really a win. It was (and @Saluki called it) Shell's appeal attempt which got rightfully tossed. There are still 3 cases pending. 

[Valuebo]

Sold 40% of my TEAM leaps position for around 50% gain just now. No short term tax gains here so always nice.

[Saluki]

I sold some SWBI calls that I had bought last year. They don't expire for another 9 months, but the market is selling a lot of things off so I don't mind taking profits when I can. Up 35% on them, but I still have a few that are in the red so the jury is still out on that trade. 

 

Sold a couple of CROX puts that expire soon. My thinking is that the basis for my shares is about $80, so if get assigned shares at that price (or lower) plus the premium, I'm okay with that.  

[Spekulatius]

Sold HUBS.

[John Hjorth]

Sold today near market close BAC at 48.50, all of it [well, most if, somehow I managed by mistake to miss one account, which BAC position will be offloaded in premarket tomorrow morning], it's a good ride starting at around ~USD 12 many years ago, most of the time an easy to hold position for me, however not always.

 

Offloaded today near market close all C shares at 109.00 [legacy position] belonging to the sis in law [widow after my late big brother], who joined the gang mid december 2025 with her money plus all my late  big brothers savings [He passed away in January 2022 due to ALS].

 

-Money keeps coming back to me, I can't get off the hook!

 

- - - o 0 o - - -

 

Then only JPM of large US banks back in place, which I have no intention to part from. It has been working very well with JPM since 2016/17 for me.

 

- - - o 0 o - - -

 

Meaningful cash available after it all has cleared.

 

Then it's out of the starting block with a new venture : Canadian banking - a basket of large Canadian banks, hopefully for the long term. Time will tell.

 

- - - o 0 o - - -

 

POTUS - by all means - please continue to do crazy stuff, so I can get better prices buying! 

Edited March 11 by John Hjorth

[brobro777]

Sold all my nasdaq and S&P futures

[bizaro86]

SOBO 

 

Loaded up after the spin, and I don't think oil pipelines from Canada will ever have a higher perceived value than they do today.

 

Sold half my VG on pretty much the same thesis. Difference imo is that VG will make windfall profits if LNG stays high for awhile. 

Edited March 12 by bizaro86

[benchmark]

7 hours ago, John Hjorth said:

Sold today near market close BAC at 48.50, all of it [well, most if, somehow I managed by mistake to miss one account, which BAC position will be offloaded in premarket tomorrow morning], it's a good ride starting at around ~USD 12 many years ago, most of the time an easy to hold position for me, however not always.

 

Offloaded today near market close all C shares at 109.00 [legacy position] belonging to the sis in law [widow after my late big brother], who joined the gang mid december 2025 with her money plus all my late  big brothers savings [He passed away in January 2022 due to ALS].

 

-Money keeps coming back to me, I can't get off the hook!

 

- - - o 0 o - - -

 

Then only JPM of large US banks back in place, which I have no intention to part from. It has been working very well with JPM since 2016/17 for me.

 

- - - o 0 o - - -

 

Meaningful cash available after it all has cleared.

 

Then it's out of the starting block with a new venture : Canadian banking - a basket of large Canadian banks, hopefully for the long term. Time will tell.

 

- - - o 0 o - - -

 

POTUS - by all means - please continue to do crazy stuff, so I can get better prices buying! 

what's the reason to part ways with bac and c? I think c probably has more runway than BAC.

[John Hjorth]

2 hours ago, benchmark said:

what's the reason to part ways with bac and c? I think c probably has more runway than BAC.

 

@benchmark,

 

I consider the large Canadian banks better banks than the large US banks, from an investment angle, except for JPM. But the Canadian banks are pricier.

 

I've been tinkering with large US banks for almost 10 years now personally with good results.

 

Just do the math long term.

 

I.e. Please grab the latest Annual Report for RY and study the 10 years financial overview - it's an awesome one-pager.

[UK]

3 hours ago, John Hjorth said:

 

@benchmark,

 

I consider the large Canadian banks better banks than the large US banks, from an investment angle, except for JPM. But the Canadian banks are pricier.

 

I've been tinkering with large US banks for almost 10 years now personally with good results.

 

Just do the math long term.

 

I.e. Please grab the latest Annual Report for RY and study the 10 years financial overview - it's an awesome one-pager.

Do not mean to interupt the process, but I know a Canadian stock even better than Canadian banks

[Jaygo]

9 hours ago, bizaro86 said:

SOBO 

 

Loaded up after the spin, and I don't think oil pipelines from Canada will ever have a higher perceived value than they do today.

 

Sold half my VG on pretty much the same thesis. Difference imo is that VG will make windfall profits if LNG stays high for awhile. 

 

Have you considered Pembina. It seems the cheapest of the group

[yesman182]

10 hours ago, bizaro86 said:

SOBO 

 

Loaded up after the spin, and I don't think oil pipelines from Canada will ever have a higher perceived value than they do today.

 

Sold half my VG on pretty much the same thesis. Difference imo is that VG will make windfall profits if LNG stays high for awhile. 

What oil and gas names are you still holding? 

[bizaro86]

2 hours ago, Jaygo said:

 

Have you considered Pembina. It seems the cheapest of the group

 

I've had a small Pembina position for years, but haven't looked at it closely for quite some time. I think their asset quality is very high and I'm just holding it. 

[bizaro86]

2 hours ago, yesman182 said:

What oil and gas names are you still holding? 

 

I have a some small positions in midstream type stuff (which I don't really consider directly oil and gas). For E&Ps my biggest position by far is CNQ, which I view as a permanent hold. 

[benchmark]

9 hours ago, John Hjorth said:

 

@benchmark,

 

I consider the large Canadian banks better banks than the large US banks, from an investment angle, except for JPM. But the Canadian banks are pricier.

 

I've been tinkering with large US banks for almost 10 years now personally with good results.

 

Just do the math long term.

 

I.e. Please grab the latest Annual Report for RY and study the 10 years financial overview - it's an awesome one-pager.

Thanks John, I'll take a look at RY.  Like you, I have also been a long time BAC holder, I would have sold as well if it's not for the big tax bill that I have to pay, so I'm just holding.

[John Hjorth]

40 minutes ago, benchmark said:

Thanks John, I'll take a look at RY.  Like you, I have also been a long time BAC holder, I would have sold as well if it's not for the big tax bill that I have to pay, so I'm just holding.

 

Thanks, @benchmark,

 

Sure, taxes is an important factor for all of us in decision making  around shifting horse in the middle of river.

 

I should add that the major parts of BAC and C shares I just sold were in tax deferred accounts, so no material real tax friction / leakage in this case.

 

JPM by now a ~3 per cent position [In my 'tier two portfolio part'], the Canadian banking basket will for starters be around 80 percent of that. [I'm a whimp with banks, because with banks it works great untill it suddenly doesen't.]

 

Another thing is also getting seduced by historical awesome returns versus assumed new risks. So it'll be an educational exercise and journey for me, too.

 

I may as well add to JPM with the sales proceeds, I have to make some calculations to get the overview I need among gang members, to achieve a higher degree of alignment.

Edited March 12 by John Hjorth

[John Hjorth]

6 hours ago, UK said:

Do not mean to interupt the process, but I know a Canadian stock even better than Canadian banks

 

@UK,

 

 - But please don't go beserk! LOL! 

[Spekulatius]

Reducing PBR A a bit. Still cheap, but again this is Brazil and run up due to Iran war.

[Jaygo]

I sold some Strathcona today. 600 out of 2600. Its been a really nice holding and I like what they are doing but the portfolio is starting to look a little tin foil hatty so i'm trimming some of the exceptional gainers of the past 36 months and will start nibbling some non resource stuff. 

 

 

[Charlie]

I sold the Oxy shares of my mother.

It could be that we have seen the maximum in oil prices.

Trump cancelling his China trip, to focus on the Iran war, to bring oil prices down.

Perhaps he gets something done in the next days to clear the Strait of Hormuz.

Edited March 17 by Charlie

[Lazarus]

I've got a sell order in on OXY at $64, hoping oil stays high a bit longer so I can dump that dog.

[backtothebeach]

Sold IPCO today. "Don't hold oil, trade oil." Although IPCO could be a great long term investment and I might regret this. Up 46% year to date, couldn't resist.

Also, oil could drop like a rock if the regime in Iran falls.

[formthirteen]

On 3/4/2026 at 8:40 PM, frommi said:

Sold out of Scandinavian Tobacco Group, results are again a pretty bad, same as outlook. Somehow i still managed to not lose money outside of opportunity cost. 

 

Luckily I sold the stock earlier this year after seeing this:

Management-speak for a dividend cut is imminent and the company is going to the shitter... If I loved falling knives I would buy it back now.

[Castanza]

Reduced pretty much all of my positive positions in my IRAs to build up the war chest. Sitting at about ~33% cash now and will probably try to get closer to 40% if the opportunity presents itself. My gut has always served me well when we get major global events.