what are you selling today?

[Gregmal]

Beauty. There are few better stocks to play with options on than CLF

[Castanza]

25 minutes ago, Gregmal said:

Beauty. There are few better stocks to play with options on than CLF

We'll see what happens with earnings tomorrow

 

MT had a decent print today (ran up a lot the past two weeks)

EPS forecast: $3.39 Revenue forecast: $20.57 B

EPS BEAT @ $3.93

REVENUE BEAT @ $20.806 B

[Red Lion]

Sold BRK.B at 320 in a 401k account to buy shares in KKR at 63.20. I would anticipate buying these BRK.B shares back in an opportunistic fashion. 

[Red Lion]

Sold my ATVI and bought back my covered calls for a 2% loss to go off margin. Sold Jan 23 $60 KKR puts for $6.70 and reinvested the options proceeds into more KKR at just under $63. 

[CorpRaider]

Blocked and reported for selling berk to buy kkr.  

[Libs]

22 minutes ago, CorpRaider said:

Blocked and reported for selling berk to buy kkr.  

I laughed.

[formthirteen]

I'm not selling anything, but Oracle seems to be buying SPLK anyway.

[Ulti]

1 hour ago, formthirteen said:

Oracle ?

Thought it was CSCO making the $20B offer

[formthirteen]

15 minutes ago, Ulti said:

Thought it was CSCO making the $20B offer

 

You are correct.

[Spekulatius]

46 minutes ago, Ulti said:

Thought it was CSCO making the $20B offer

That offer is a takeunder.

Edited February 12, 2022 by Spekulatius

[Ulti]

Kind of agree. I've owned CSCO for a good bit of time.  Looks like they are full on to the shift to services and software...Maybe they think that there will be less money spent on corp networking

with more stay home workers? They've expanded into high margin areas like security and 5G so it

might not be a bad fit with SPLK.

 

 

[lnofeisone]

Sold 15 2024 SHLX puts on Friday. The floor here is $12.89 and puts are trading at 3.5. I think it will take way less time than 2 years to get this closed out with Shell's 72% ownership. There is also a potential that the bid will be increased - say if it goes the way TOO/Brookfield saga played out (28% increase in a bid). I not too optimistic on the latter scenario and see this just closing out similar to Enbridge roll up.

 

Thanks @thepupil for flagging this one. 

[james22]

Sold $100K of BRK this morning at $316 to fund half my expenses this year.

 

We'll see if I should have waited until after they report.

[thepupil]

16 minutes ago, james22 said:

Sold $100K of BRK this morning at $316 to fund half my expenses this year.

 

We'll see if I should have waited until after they report.

 

love the $200K cash/year spend flex lol. 

[Red Lion]

On 2/11/2022 at 5:02 PM, CorpRaider said:

Blocked and reported for selling berk to buy kkr.  

 

Haha. I'm a blasphemous son of a bitch, I know! I did keep most of my Berkshire Hathaway shares, and sold inside a tax deferred account. Famous last words. 

[Castanza]

17 minutes ago, thepupil said:

 

love the $200K cash/year spend flex lol. 

Right?!? 

 

@james22 put the pinky down man 

[james22]

21 minutes ago, thepupil said:

 

love the $200K cash/year spend flex lol. 

 

 

But really doesn't mean anything by itself.

 

Don't know what the withdrawal rate is, how long needs to last, or if wish to leave anything behind.

 

And if the withdrawal is paying for mortgage/car payments or all discretionary.

 

Or if Roth converting, etc.

[Ross812]

Selling a bit of BRK.A before earnings.

 

 

[boilermaker75]

21 minutes ago, Ross812 said:

Selling a bit of BRK.A before earnings.

 

 

 

Well, the smallest bit is $471,610!

[Spekulatius]

Sold BTI in my IRA accounts.

[MattR]

7 hours ago, Spekulatius said:

Sold BTI in my IRA accounts.

Why do you feel like selling? It is still pretty undervalued compared to most of the market, and pays a nice dividend, especially if you bought in the 35 range. 

[Spekulatius]

5 hours ago, MattR said:

Why do you feel like selling? It is still pretty undervalued compared to most of the market, and pays a nice dividend, especially if you bought in the 35 range. 

Yes, I bought this low. The runup has been crazy, must be due to factors driving it. I don't think the terminal value concerns will ever go away with this one. That said, I funneled at bit more into SWMAY yesterday, which hasn't really run up at all.

[mjm]

1 hour ago, Spekulatius said:

Yes, I bought this low. The runup has been crazy, must be due to factors driving it. I don't think the terminal value concerns will ever go away with this one. That said, I funneled at bit more into SWMAY yesterday, which hasn't really run up at all.

what is your criteria/preference for buying foreign shares thru ADR or on a US traded market versus the home market.  Curious since you trade foreign shares rather routinely. Thanks

[Dinar]

1 hour ago, Spekulatius said:

Yes, I bought this low. The runup has been crazy, must be due to factors driving it. I don't think the terminal value concerns will ever go away with this one. That said, I funneled at bit more into SWMAY yesterday, which hasn't really run up at all.

I sold in both taxable and IRA.  I swapped 70% into PM.  I already own a chunk of SWMAY - 5% position for me.

[Spekulatius]

39 minutes ago, mjm said:

what is your criteria/preference for buying foreign shares thru ADR or on a US traded market versus the home market.  Curious since you trade foreign shares rather routinely. Thanks

 If I get satisfactory liquidity, I tend to buy the ADR's. It also depends on my account - I have both IB and Fidelity account and never buy on foreign exchanges in my Fidelity accounts, due to high costs.