what are you selling today?

[thowed]

19 hours ago, Onefoothurdles said:

Reduced PX

 

Congrats on this.  I'd forgotten all about it - ended up on my 'too hard' pile, but I saw today it's recovered nicely.

[Onefoothurdles]

3 hours ago, thowed said:

 

Congrats on this.  I'd forgotten all about it - ended up on my 'too hard' pile, but I saw today it's recovered nicely.

No congratulations warranted here, I haven't profited much on this. My cost is around the 2022/23 levels and I didn't have the confidence to load up meaningfully in 2024.

[Paarslaars]

12 hours ago, Spekulatius said:

reduced NTDOY

 

Why?

[Spekulatius]

3 hours ago, Paarslaars said:

 

Why?

Fully valued, imo.

[formthirteen]

Some MKL.

[treasurehunt]

Sold some BYDDY. BYD is executing very well, but a P/E of 25 for a company that faces intense competition in all its verticals seems rich.

[lnofeisone]

Shorting UNG calls. 

[gfp]

1 minute ago, lnofeisone said:

Shorting UNG calls. 

 

wow - naked or in a spread?

[lnofeisone]

2 minutes ago, gfp said:

 

wow - naked or in a spread?

Naked but with tight stops. 

[gfp]

2 minutes ago, lnofeisone said:

Naked but with tight stops. 

I'll go ahead and turn off my furnace now

 

edit: IB says there is no UNG to short - heads up!

Edited 10 hours ago by gfp

[Saluki]

Yesterday I trimmed a few shares of CPNG and NTDOY.  I was burned when I didn't trim my largest position, GOOG, and it dropped hard after the DOJ thing, but I added more and it worked out.  I trimmed GOOG as it went past my pre-determined weight for it and then when it dropped again it wasn't so bad.  I sold a few shares of META as it crossed the weight I felt comfortable with too. 

 

I decided CPNG and NTDOY are positions that I can sleep soundly with 5% positions.  

[Spekulatius]

Selling a bit of NTDOY today as well

[Kizion]

1 hour ago, Saluki said:

Yesterday I trimmed a few shares of CPNG and NTDOY.  I was burned when I didn't trim my largest position, GOOG, and it dropped hard after the DOJ thing, but I added more and it worked out.  I trimmed GOOG as it went past my pre-determined weight for it and then when it dropped again it wasn't so bad.  I sold a few shares of META as it crossed the weight I felt comfortable with too. 

 

I decided CPNG and NTDOY are positions that I can sleep soundly with 5% positions.  

CPNG drop after earnings also due next week 

Edited 8 hours ago by Kizion

[sleepydragon]

trimmed BGC, back to tracking/coffee can position

[lnofeisone]

2 hours ago, Kizion said:

CPNG drop after earnings also due next week 

CPNG is a big position for me, and I'm aware of its silly trade-down on a good earnings pattern, but I am hoping this time is different. Ha! 

[Gregmal]

Trimmed about 20% of NTDOY. Just managing the size. Still a pig on the name. 

[Paarslaars]

1 hour ago, lnofeisone said:

CPNG is a big position for me, and I'm aware of its silly trade-down on a good earnings pattern, but I am hoping this time is different. Ha! 

I know the moment I start joining in on that trade it's going to reverse so I am just holding...

[lnofeisone]

2 hours ago, Paarslaars said:

I know the moment I start joining in on that trade it's going to reverse so I am just holding...

Same. I'm holding steady but have dry powder to pick up extra shares if needed.