Author Topic: What are you buying today?  (Read 1392276 times)

boilermaker75

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Re: What are you buying today?
« Reply #3720 on: April 03, 2019, 07:59:54 AM »
WFC @ 48.35

On Monday I wrote some 48-strike April 12 expiration WFC puts for $0.70 per share. Still a good premium today at 0.68 per share.


sarganaga

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Re: What are you buying today?
« Reply #3721 on: April 03, 2019, 10:24:56 AM »
Added to Crosstimbers Royalty Trust (CRT)

ourkid8

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Re: What are you buying today?
« Reply #3722 on: April 03, 2019, 01:56:59 PM »
PDH earlier today at $0.025  :) - Thank you for the gift Sanjeev!!!

tombgrt

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Re: What are you buying today?
« Reply #3723 on: April 05, 2019, 08:10:22 AM »
More GXE and CRC. One lower risk, the other one not so much.

Lakesider

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Re: What are you buying today?
« Reply #3724 on: April 05, 2019, 03:36:41 PM »
I added to GXE this week too.

SafetyinNumbers

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Re: What are you buying today?
« Reply #3725 on: April 10, 2019, 04:08:59 PM »
I bought some Arrow Exploration (AXL.V). Itís an oil producer in Colombia that emerged from reverse takeover / spin off from CNE.TO in November.

Given itís a micro cap spinoff there could be some irrational selling going on.

Each Canacol share received .127 shares of AXL, so itís a trivial amount for what is now a 35 cent stock. CNE shares trade at $4.40.

CNE valued each AXL share at US$0.885 each at the time of the spin and itís trading so itís down about 70% from that level in less than 6 months. Perhaps they were optimistic in how they valued it but it certainly has taken a haircut now.

Management owns 18% and cannot sell the majority shares for 18 months and the stock has to be above US$1.50.

EV is less than C$30m with 2P NPV at C$125m and the company is producing 1500 boe/d now and guiding to exit at 3000 boe/d. Itís production is tied to Brent pricing so it looks cheap on traditional oil company metrics.



Top 5 positions: ELF GCM.NT/GCM.WT.B TII.V PIF AZP.PR.A

Spekulatius

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Re: What are you buying today?
« Reply #3726 on: April 11, 2019, 07:11:12 PM »
WFC and RHDGF
To be a realist, one has to believe in miracles.

John Hjorth

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Re: What are you buying today?
« Reply #3727 on: April 12, 2019, 02:48:00 AM »
Added to LVMUY yesterday [bought in Paris as MC.PA].
ĒIn the race of excellence Ö there is no finish line.Ē
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

Fairfaxnut

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Re: What are you buying today?
« Reply #3728 on: April 12, 2019, 06:04:19 AM »
MTY.TO or MTYFF....looks as if the Algos overreacted  :o

writser

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Re: What are you buying today?
« Reply #3729 on: April 12, 2019, 06:20:03 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 .
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.