Author Topic: What are you buying today?  (Read 2198070 times)

tombgrt

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Re: What are you buying today?
« Reply #390 on: February 07, 2014, 07:35:00 AM »
Market refusing to go down on terrible jobs report....

Best of luck to put holders...

It's not a short term game. ;)


alertmeipp

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Re: What are you buying today?
« Reply #391 on: February 07, 2014, 07:43:49 AM »
ha, and we are talking about buying short term put and timing vix

bmichaud

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Re: What are you buying today?
« Reply #392 on: February 07, 2014, 12:52:19 PM »
Lots of bleeding today in March '14 SPY puts. The most active $177 strike put on Yahoo! Finance is down $1.34 to $2.50 for a ~35% loss.

alertmeipp

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Re: What are you buying today?
« Reply #393 on: February 07, 2014, 01:34:53 PM »
if you have that and Sears, will be a soso day.
yes, i am one of those ppl

Spekulatius

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Re: What are you buying today?
« Reply #394 on: February 07, 2014, 02:48:05 PM »
MUSA spinoff :

Positive aspects are:
1) Solid balance sheet
2) Exited noncore business (ethanol) for a nice chunk of cash
3) They own their real estate
4) Insider buys
5) Low cost leadership, which is important in Commodity business
6) Other companies in the same sector doing well (Susser)

the big Y:
[url][http://brooklyninvestor.blogspot.com/2014/02/alleghany-corp-investor-day.html/url]


Life is too short for cheap beer and wine.

dpetrescu

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Re: What are you buying today?
« Reply #395 on: February 08, 2014, 06:43:12 PM »
I have a large cash position but realized I can't buy any new stocks until I set up a long term hedge against a credit event or further downturn in china. I'm researching a few ideas, individual companies with significant exposure to china construction and raw materials, with very low volatility, and not yet depressed value. That way I can buy some slightly OTM puts lasting until 2016. PS....if anyone has ideas I would appreciate it. I think individual company might be better instead of currency approach, say short Australian dollar, because I have no experience with currencies. And also better than overall market, say China or Australia short ETF, because my fear is in one particular sector in china - lending and construction in china. I expect and hope to lose 100% of this position.

bmichaud

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Re: What are you buying today?
« Reply #396 on: February 11, 2014, 08:32:33 AM »
Yellen + negative sentiment + rally disbelief = put slaying

:)

randomep

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Re: What are you buying today?
« Reply #397 on: February 11, 2014, 06:05:38 PM »
Research In Motion/BlackBerry

I'm also trying to generate more cash to put to the side in case a buying opportunity arises. My average cost on BB right now is $11.

Haven't found anything else outside of EXOR and Henderson Land Development companies (which I think people should look closer at, especially Henderson).

I am just starting to look at Henderson Land, this HK company is ridiculous cheap. P/BV = 0.5x. Book value has grown around 10-20% EVERY year for the last decade..... does anyone own this baby?

I am still in the process of due diligence which involves just glossing over their 10K (or the ADR equivalent)


Packer16

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Re: What are you buying today?
« Reply #398 on: February 11, 2014, 07:36:22 PM »
If you think Henderson is cheap look at Wheelock and Lai Sun Garment.

Packer

sys

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Re: What are you buying today?
« Reply #399 on: February 11, 2014, 10:33:50 PM »
safe and cheap ways an outside passive minority investor can purchase common shares at a discount to readily ascertainable nav.