What are you buying today?

[Zorrofan]

Ross,

Thanks for your response! You have given me a great deal to think about (and another 10K to read!!) as I can't really find a flaw in your analysis. 

 

cheers
Zorro

[menlo]

RE: LH and DGX, this company http://www.wired.com/2014/02/elizabeth-holmes-theranos/ might be a competitor (I don't know the industry).

[no_free_lunch]

VRX

[frommi]

My amazing charting skills suggest that it should at least dip to 26 

How do you come to that number? I can only "see" that it has a high chance of falling further, but i don`t "see" yet how far. At 20 there is a massive support, but that doesn`t mean it drops that low.

After looking at this again, it has now a high chance of turning when the daily high of yesterday is beaten. But probably its best to ignore me with so much stupid shit that i post.

[yadayada]

woops wrong topic

wheres that thread where you post your portfolio lol

[gary17]

I think it's called current holdings... but if you search I suspect many hits will come out! just state it here is fine I think... cheers Gary

[yadayada]

K here goes:

Not sure about sizing

portfolio   
SNMX – Senomyx   6,50%
ACW – Accuride   4,00%
GNCMA – General communications   6,00%
DAP.U – Xpel tech   6,00%
0184 – Keck Seng investments   6,00%
OUTR – Outerwall   6,00%
GPIV33 – GP investments   5,00%
XON – Intrexon    1,50%
EHL – Emeco holdings   6,00%
LUKOY – Luke oil   4,00%
LRM – Lombard risk   4,00%
AMNL – Applied minerals   2,00%
PIH – Property insurance   3,00%
FIAT – Fiat   3,00%
   
   63,00%


Average upside is like 300% or something. Very mixed portfolio. Downside is limited in most cases by assets or by bad things being priced in mostly, and with the speculative ideas, insiders have alot more to lose then me. The idea that i really like best is Senomyx. I have a hard time killing that one, insiders absolutley love it (putting most of their networth while in SNMX case not even overly promoting it) and it just looks like the market is really badly mispricing that one. Usually with that amount of upside, the products arent approved or not even ready to manufacture yet. But here they already have all that, AND they have already made deals with the people who will use it lol. Maybe i willl add 1-2% more there.

 Curious what will happen in the next few years. Going to be very interesting to sweat this out. First year where i will have more then half of my money in stocks.

I want to be 75% invested tho. I think i should add to some of those ideas, but not sure. Got some reading to do  

Maybe i did focus a bit too much on upside tho. OUTR might be risky, Lombard is risky, adn there are 3 speculative ideas in there for almost 10% that are not making money but have huge potential upside.

[Lance]

I wrote puts on AIG and sold calls against shares I own.

Thanks
Lance

[gokou3]

Got out of the 2015 BAC calls a while ago and now partially rolling over to a 2016 $12 position.  I think the $20B market cap decline relative to its recent high is excessive vs. 1) its new legal costs (credit card settlement, etc) and 2) lower than expected capital return to shareholders.

[Kraven]

Got out of the 2015 BAC calls a while ago and now partially rolling over to a 2016 $12 position.  I think the $20B market cap decline relative to its recent high is excessive vs. 1) its new legal costs (credit card settlement, etc) and 2) lower than expected capital return to shareholders.

I noted many times that the capital return would likely disappoint and be low.  My views on this were hissed by many of the true believers on the board.  People believe what they want to believe.