Author Topic: What are you buying today?  (Read 1452465 times)

BG2008

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Re: What are you buying today?
« Reply #4270 on: October 16, 2019, 12:07:47 PM »
Little more GRIF. Feeling like $36 is the new $35.

Same here, bought some more GRIF at a hair below $36.  More thoughts on the GRIF thread


CorpRaider

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Re: What are you buying today?
« Reply #4271 on: October 16, 2019, 12:19:01 PM »
WFC

bizaro86

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Re: What are you buying today?
« Reply #4272 on: October 16, 2019, 12:23:32 PM »
Calls on HGV. Speculation, obviously, but I think the chances of a deal getting announced are relatively good. Blackstone knows the economics well and will be attracted to the ability to put significant capital to work at high returns, and Apollo being in the mix pushes the price up.

fareastwarriors

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Re: What are you buying today?
« Reply #4273 on: October 16, 2019, 01:19:11 PM »

CorpRaider

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Re: What are you buying today?
« Reply #4274 on: October 17, 2019, 05:47:53 AM »
WFC

Why now?

Just a starter/foothold so I will pay attention and can get mailed copies of the reports.  If I had to guess, I would expect Scharf to kind of clear the deck with expectations/problems/expenses after he has had a chance to get an inside look.  That might be getting too cute (and the market probably expects that).

I just keep ruminating on Munger's comments at the BRK A.M. and the fact that the god of skinny, quality-compounder, bros has like 98% of his DJCO portfolio (which is not constrained by size) in money center banks and this is clearly his favorite of those.
« Last Edit: October 17, 2019, 06:40:50 AM by CorpRaider »

Gregmal

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Re: What are you buying today?
« Reply #4275 on: October 17, 2019, 11:22:29 AM »
added back into NFLX short

EricSchleien

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Re: What are you buying today?
« Reply #4276 on: October 17, 2019, 01:03:50 PM »
Bought more National Stock Yards (NSYC)

Cardboard

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Re: What are you buying today?
« Reply #4277 on: October 17, 2019, 01:25:59 PM »
NFLX short is getting interesting again. I may do it, will see.

Foreign Tuffett

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Re: What are you buying today?
« Reply #4278 on: October 17, 2019, 02:10:23 PM »
ACHN. Domestic merger, small deal for buyer, two different CVR's that you get on the cheap and a $40m reverse termination fee on a $700m deal (on a net-cash basis). Might open a topic at some point about it - curious if anybody has thoughts about it. There could be some antitrust issues.

I've done some work on this since the announcement and own it. Agree that this situation is all about whether or not FTC signs off. I think the odds are pretty good this gets through. If you make a thread I'll be happy more than happy to share anything/everything I know.

Spekulatius

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Re: What are you buying today?
« Reply #4279 on: October 17, 2019, 03:22:07 PM »
Bought more National Stock Yards (NSYC)

Same here. I suspect the pot. SEC action may scare some investors away from dark stocks and cause some selling. I am happy to oblige and provide liquidity if the price is right.
Life is too short for cheap beer and wine.