Author Topic: What are you buying today?  (Read 1217448 times)

DTEJD1997

  • Hero Member
  • *****
  • Posts: 1564
Re: What are you buying today?
« Reply #3730 on: April 13, 2019, 07:35:08 AM »
MTY.TO or MTYFF....looks as if the Algos overreacted  :o

If it goes down blame the algo's. If it goes up your analysis is great :P .

Could it be that MTY's business model is buying up smaller chains and "rolling up"?  In the past, that worked reasonably well, and they got some decent chains.  NOW, time has progressed and the easy fruit has been picked.  What remains are problems like Papa Murphys?  Thus MTY's long history of rolling up is coming to an end?


Spekulatius

  • Hero Member
  • *****
  • Posts: 2537
Re: What are you buying today?
« Reply #3731 on: April 13, 2019, 09:33:55 AM »
I bumped up my WFC position on Friday. I used proceeds from sale of my FITB and cash. Worse case, I collect ever rising dividend checks. Itís now my largest bank position. I also bought a little CARS.
To be a realist, one has to believe in miracles.

sleepydragon

  • Hero Member
  • *****
  • Posts: 595
Re: What are you buying today?
« Reply #3732 on: April 13, 2019, 10:01:02 AM »
Maybe WFC should buy citizens bankó the largest bank in MA! Just to get Eliz Warren to stop bashing WFC. I donít see her bashing JPM nowaday

boilermaker75

  • Hero Member
  • *****
  • Posts: 1087
Re: What are you buying today?
« Reply #3733 on: April 13, 2019, 10:25:17 AM »
I got put to on WFC at $47.30. I wrote some more puts, 45-strike May 10 expiration.

WFC is my largest bank holding ahead of BK and BAC. WFC is a very distant second to my largest holding BRKB.

Spekulatius

  • Hero Member
  • *****
  • Posts: 2537
Re: What are you buying today?
« Reply #3734 on: April 16, 2019, 09:52:21 AM »
Bought some WRK ( paper packaging co). Selloff in this sector due to concerns over pricing pressure . We will see, some of these stocks have become cheap and the industry has consolidated a lot. Packaging is one of these sectors where rollups are actually fairly low risk and the rollup model seems to work.

Cardboard might like this stock :-)
« Last Edit: April 16, 2019, 10:26:05 AM by Spekulatius »
To be a realist, one has to believe in miracles.