Gregmal Posted December 11, 2023 Share Posted December 11, 2023 7 hours ago, Parsad said: https://finance.yahoo.com/news/macys-mulling-58-billion-buyout-offer-source-230606275.html Tomorrow morning, I'm going to make on Macy's in the last six months, as much as I've made on META in the last year and FFH in the last three years! I believe Castanza will be quite happy too! Cheers! Still regretting selling your overstock? Congrats. Link to comment Share on other sites More sharing options...
Parsad Posted December 11, 2023 Share Posted December 11, 2023 2 hours ago, Gregmal said: Still regretting selling your overstock? Congrats. Yeah, no. Funny what a difference a month can make! Cheers! Link to comment Share on other sites More sharing options...
Xerxes Posted December 11, 2023 Share Posted December 11, 2023 Congrats @Parsad I got to try to be more awesome like you Link to comment Share on other sites More sharing options...
RedLion Posted December 12, 2023 Share Posted December 12, 2023 21 hours ago, Parsad said: https://finance.yahoo.com/news/macys-mulling-58-billion-buyout-offer-source-230606275.html Tomorrow morning, I'm going to make on Macy's in the last six months, as much as I've made on META in the last year and FFH in the last three years! I believe Castanza will be quite happy too! Cheers! You’re beyond killing it. Link to comment Share on other sites More sharing options...
RedLion Posted December 12, 2023 Share Posted December 12, 2023 Sold calls on fg with a $50 strike. I bought this at spinoff around $18, still in short term gains but we finally have call options to expire past my 12 month mark. Link to comment Share on other sites More sharing options...
Spekulatius Posted December 13, 2023 Share Posted December 13, 2023 Sold the remainder of LUV in my tax deferred accounts and my highest cost basis shares in my taxable accounts. Worked out very satisfactory due to averaging down. I have no idea why it went down so much, nor why it went back up so quickly (lower crude prices?). Link to comment Share on other sites More sharing options...
Spekulatius Posted December 13, 2023 Share Posted December 13, 2023 (edited) Sold $LHX and $CASH in tax deferred accounts. Edited December 13, 2023 by Spekulatius Link to comment Share on other sites More sharing options...
Spekulatius Posted December 14, 2023 Share Posted December 14, 2023 Selling remainder of POAHY (small loss) $BAC and $GS in my tax deferred account (very nice gains on these just 2 month old positions) Link to comment Share on other sites More sharing options...
ValueArb Posted December 14, 2023 Share Posted December 14, 2023 I have been in the midst of dumping my failed bio-tech net-nets this month. Turns out I'm not good at handicapping which will rationally return capital and which will continue to throw shareholder equity on the craps table for another dice throw. The one I'm continuing to hold is FIXX as a special level of torture. $1 basis, at least $1.36 a share in net cash + up to 30 cents in an equity investment, trading at 56 cents after announcing a reverse merger. Link to comment Share on other sites More sharing options...
sleepydragon Posted December 14, 2023 Share Posted December 14, 2023 18 minutes ago, ValueArb said: I have been in the midst of dumping my failed bio-tech net-nets this month. Turns out I'm not good at handicapping which will rationally return capital and which will continue to throw shareholder equity on the craps table for another dice throw. The one I'm continuing to hold is FIXX as a special level of torture. $1 basis, at least $1.36 a share in net cash + up to 30 cents in an equity investment, trading at 56 cents after announcing a reverse merger. Have you looked at 2Seventy? I think the ceo might get kicked out if the activist fund have their ways. I missed it when 2Seventy dropped to 1seventy ($1.70) , it’s now more than $3. Link to comment Share on other sites More sharing options...
ValueArb Posted December 14, 2023 Share Posted December 14, 2023 7 minutes ago, sleepydragon said: Have you looked at 2Seventy? I think the ceo might get kicked out if the activist fund have their ways. I missed it when 2Seventy dropped to 1seventy ($1.70) , it’s now more than $3. Get behind Me, Satan! Spare me your temptations for I have chosen to only walk the path of the righteous and profitable in their daily business! Ok, thanks, I'll take a look. Link to comment Share on other sites More sharing options...
Jaygo Posted December 14, 2023 Share Posted December 14, 2023 sold my cost basis in SSD. Love the company and will keep the house money invested but id like to put the proceeds into adjacent companies that have better value. Link to comment Share on other sites More sharing options...
KJP Posted December 14, 2023 Share Posted December 14, 2023 1 hour ago, ValueArb said: Get behind Me, Satan! Spare me your temptations for I have chosen to only walk the path of the righteous and profitable in their daily business! Ok, thanks, I'll take a look. Galecto (GLTO) may tempt you also. Link to comment Share on other sites More sharing options...
treasurehunt Posted December 14, 2023 Share Posted December 14, 2023 Trimmed BAC, GS and JPM. US banks are still about 30% of my portfolio. Link to comment Share on other sites More sharing options...
ValueArb Posted December 14, 2023 Share Posted December 14, 2023 2 hours ago, KJP said: Galecto (GLTO) may tempt you also. Thanks, I've been watching it a while. It's not cheap enough and doesn't have any significant activists involved. Link to comment Share on other sites More sharing options...
Eng12345 Posted December 14, 2023 Share Posted December 14, 2023 BAC BHP AJG SPY VFVA Working to get out of some smaller positions and consolidate holdings across accounts. I want more concentration than I've had previously. Some of these positions (BHP AJG) I'm sure would serve me quite well even going forward however I am not happy enough with the expected returns to make a large position. Also getting out of index funds completely other than my employer plan. Link to comment Share on other sites More sharing options...
Jaygo Posted December 15, 2023 Share Posted December 15, 2023 Sold my cost basis in federal signal. A direct beneficiary of infrastructure and reshoring but 35x pe is a little much. The majority of the industrial segment is crazy expensive right now. I love the sector since I can understand it better than others but graco at 30x federal signal at 35x Tennant at 28x, Ingersoll rand at 42x and all the materials at 30-40x just seems nuts. Its funny when you have Linemar the maker of skyjack sitting there at like 9x and Oshkosh at 13x Link to comment Share on other sites More sharing options...
Spekulatius Posted December 15, 2023 Share Posted December 15, 2023 Sold DOCS (today) and ESS (yesterday). Reduced CPT by 1/3. All in tax deferred accounts. I am surprised how much ESS has outperformed peers CPT and MAA. Link to comment Share on other sites More sharing options...
sleepydragon Posted December 15, 2023 Share Posted December 15, 2023 22 hours ago, ValueArb said: Thanks, I've been watching it a while. It's not cheap enough and doesn't have any significant activists involved. What do you think of THRX? Link to comment Share on other sites More sharing options...
ValueArb Posted December 15, 2023 Share Posted December 15, 2023 1 hour ago, sleepydragon said: What do you think of THRX? Its interesting, I'm not going to value a CVR very highly so I'd like to pick it up cheaper but there is a good potential that Orbimed/Foresite pay more than Tang. So far I've held off hoping it will get cheaper. Link to comment Share on other sites More sharing options...
KJP Posted December 18, 2023 Share Posted December 18, 2023 Saga Communications (SGA) Link to comment Share on other sites More sharing options...
Paarslaars Posted December 18, 2023 Share Posted December 18, 2023 IPCO Link to comment Share on other sites More sharing options...
longlake95 Posted December 19, 2023 Share Posted December 19, 2023 ATRL Link to comment Share on other sites More sharing options...
ValueArb Posted December 19, 2023 Share Posted December 19, 2023 Sold my DCBO odd lots from mine/client accounts. Bought at $45 thinking I could tender them at $55 and get 100% accepted since each of us only owned 99 shares. These were all IRAs so theoretically there is no tax on the canadian distribution which would have been $7/share in a taxable account. But for some reason it's been moving up the last week and I considered selling at $48 to avoid the hassle and risk that I'd still get stuck paying tax withholding due to broker/company misunderstanding of law, and also the risk that so many odd-lotters will lead DCBO to remove the odd lot provision. Luckily I waited and sold at $51.29 (!?) today. No idea whats going on, and looks like I sold too early, $51.68 and still climbing. Link to comment Share on other sites More sharing options...
Ross812 Posted December 19, 2023 Share Posted December 19, 2023 Sold LHX, ASHTY, and PNC. Sold some ITM calls on my CASH position. Link to comment Share on other sites More sharing options...
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