Author Topic: What are you buying today?  (Read 1089701 times)

boilermaker75

  • Hero Member
  • *****
  • Posts: 1043
Re: What are you buying today?
« Reply #3430 on: December 01, 2018, 06:25:14 PM »
Wrote some GILD 70-strike Dec 14 expiration puts on Friday for $1.08 per share.
« Last Edit: December 01, 2018, 06:28:51 PM by boilermaker75 »


globalfinancepartners

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1482
Re: What are you buying today?
« Reply #3431 on: December 02, 2018, 03:41:06 AM »
Hey, I'm wondering what happened to cause this company to move 20% in a day.  Why did you decide to buy calls?

Mfcb calls

bizaro86

  • Hero Member
  • *****
  • Posts: 856
Re: What are you buying today?
« Reply #3432 on: December 02, 2018, 08:15:23 AM »
MFCB owns a royalty on an iron ore mine that has shut down in Canada. Tacora, the private company that owns the mine announced they had closed the funding on the 27th. This is a big deal, as it should be $20 MM+ in annual revenue at 100% gross margins for a company that has a market cap of ~$60MM after the move.

We talked a but about it in the ALS thread.

globalfinancepartners

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1482
Re: What are you buying today?
« Reply #3433 on: December 02, 2018, 02:03:17 PM »
Thanks - I had missed that

bigbluffzinc

  • Newbie
  • *
  • Posts: 46
Re: What are you buying today?
« Reply #3434 on: December 02, 2018, 09:21:42 PM »
VB, LNR, FB
Current Portfolio: VB, LBTYK, HWO, BAM, AGN, LNR, FB

no_free_lunch

  • Hero Member
  • *****
  • Posts: 1374
Re: What are you buying today?
« Reply #3435 on: December 03, 2018, 07:30:44 AM »
Took a position in sec.to.  PB was around 0.55 based on Sept 30 numbers, book would have dropped for sure over past 2 months but still should be around 0.6 book.

flesh

  • Sr. Member
  • ****
  • Posts: 310
Re: What are you buying today?
« Reply #3436 on: December 04, 2018, 11:38:47 AM »
More ADS at 189.30. 30% position now.

kab60

  • Hero Member
  • *****
  • Posts: 808
Re: What are you buying today?
« Reply #3437 on: December 04, 2018, 02:02:10 PM »
More ADS at 189.30. 30% position now.
Ditto. And the percentage isn't far off either.

Lakesider

  • Full Member
  • ***
  • Posts: 130
Re: What are you buying today?
« Reply #3438 on: December 05, 2018, 12:45:12 PM »
Bought more naspers. Can't stop.

boilermaker75

  • Hero Member
  • *****
  • Posts: 1043
Re: What are you buying today?
« Reply #3439 on: December 06, 2018, 07:15:31 AM »
Wrote 205-strike, 12/7/18 expiration BRKB puts for $1.65 per share.