Author Topic: What are you buying today?  (Read 2194459 times)

dpetrescu

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Re: What are you buying today?
« Reply #440 on: March 04, 2014, 09:16:01 PM »
Autos are still undervalued. I now own GM, Toyota, and Fiat.


DTEJD1997

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Re: What are you buying today?
« Reply #441 on: March 04, 2014, 09:21:25 PM »
I am buying NevSun (NSU).  I think it is drastically undervalued, and will post excellent earnings these next few quarters.

I am also attempting to get more junior miners that are producing, cash flow positive, have net earnings and little to no debt.

Bargains are few & far between, but there are some to be had!

Lance

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Re: What are you buying today?
« Reply #442 on: March 05, 2014, 08:31:17 AM »
Lukoil.

Thanks,
Lance

Ross812

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Re: What are you buying today?
« Reply #443 on: March 06, 2014, 12:51:20 PM »
Over the past couple months, the weakness in price in Bidvest, McCormick, Petsmart, and Kinder Morgan allowed me to go from 25% cash to fully invested. The majority was added to KMI which went from a 2% to 12% position. 
96% Fixed Income CDs, Muni, Corporate Debt - 4% SPX Options

cwericb

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Re: What are you buying today?
« Reply #444 on: March 06, 2014, 02:50:27 PM »
Altius and a little Alderon.
Politicians and diapers must be changed often, and for the same reason. - Mark Twain

bmichaud

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Re: What are you buying today?
« Reply #445 on: March 10, 2014, 06:49:02 AM »
VOD

Combo of enhanced bid for Ono and AT&T comments causing weakness.

Ono bid appears expensive at 10X 2014E EBITDA. I'm comforted by the fact that Liberty Global finds the assets attractive, and VOD will be able to extract synergies via bundling with current Spanish offerings.

AT&T comments (see here: http://www.mobileworldlive.com/att-ceo-plays-hopes-vodafone-bid-report) are shenanigans. It takes years to invest in mobile networks, and now all a sudden AT&T is hesitant to invest in Europe b/c other operators have begun to move? Three months ago T thought Europe was attractive....

ERICOPOLY

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Re: What are you buying today?
« Reply #446 on: March 10, 2014, 07:21:57 AM »
Today I bought $120 strike 2016 IWM puts.  Maybe that will help me calm down.

Kraven

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Re: What are you buying today?
« Reply #447 on: March 10, 2014, 07:26:57 AM »
Today I bought $120 strike 2016 IWM puts.  Maybe that will help me calm down.

And half the board just went into panic mode selling everything not nailed down.
Buy cheap and something good might happen.

gary17

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Re: What are you buying today?
« Reply #448 on: March 10, 2014, 07:30:42 AM »
Today I bought $120 strike 2016 IWM puts.  Maybe that will help me calm down.

Hi Eric - how does this work in terms of sizing the hedge - do you look at your overall portfolio value; pick a percentage that you want to hedge - and buy enough puts where the value = the % of the portfolio that you want to hedge?     Thanks    Gary

ERICOPOLY

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Re: What are you buying today?
« Reply #449 on: March 10, 2014, 07:39:40 AM »
Today I bought $120 strike 2016 IWM puts.  Maybe that will help me calm down.

Hi Eric - how does this work in terms of sizing the hedge - do you look at your overall portfolio value; pick a percentage that you want to hedge - and buy enough puts where the value = the % of the portfolio that you want to hedge?     Thanks    Gary

I'm having a freakout at the moment.  There is no grand formula.  Just panic decision making.