Author Topic: What are you buying today?  (Read 2198209 times)

ASTA

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Re: What are you buying today?
« Reply #850 on: December 08, 2014, 08:34:09 AM »
7% in NOV and 7% in BP


karthikpm

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Re: What are you buying today?
« Reply #851 on: December 08, 2014, 08:40:36 AM »
Added to BAC and Posco

jay21

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Re: What are you buying today?
« Reply #852 on: December 08, 2014, 08:48:39 AM »
Bought a few sweaters.

Since Sept. I have bought more OCN and ASPS. LVNTA and CKI.TO.
@jay_21_

PatientCheetah

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Re: What are you buying today?
« Reply #853 on: December 08, 2014, 10:55:08 AM »
YNDX USAC
« Last Edit: December 08, 2014, 11:17:24 AM by PatientCheetah »
risk as little as possible until all the stars have aligned

Longer Term: FB MSFT BABA JD YRD

gokou3

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Re: What are you buying today?
« Reply #854 on: December 08, 2014, 11:49:17 AM »
Bought CBI common and 2017 $30 calls.  Currently trading sub-8x 2015 P/E per management guidance of $5.75-6.05 EPS.  Much lower than peers.

Two perceived problems with the company:

1) Bad nuclear contract - huge extras that may or may not be collected.  One-time issue.  Management is eager to buy back shares once this matter is resolved.

2) Low oil prices lowering future work demand - this is a known problem.  Company has $30B backlog which is equivalent to 2-yr of revenues.  Management commented during Q3 CC that they are somewhat insulated due to their diversification into various other infrastructure work.


Btw, today's price is about 30% lower than when Todd Comb bought them in 2014Q2.  BRK owns almost 10% of CBI.  ;)


berkshire101

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Re: What are you buying today?
« Reply #855 on: December 08, 2014, 11:51:04 AM »
Bought some more CLB.

BargainValueHunter

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Re: What are you buying today?
« Reply #856 on: December 08, 2014, 12:20:34 PM »
More SD, PWE and SHOS ITM calls.
Albert Einstein called compound interest "the greatest mathematical discovery of all time".

Lance

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Re: What are you buying today?
« Reply #857 on: December 09, 2014, 11:25:33 AM »
Bought Lukoil, covered my TSLA short.

Thanks,
Lance

Liberty

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Re: What are you buying today?
« Reply #858 on: December 09, 2014, 11:32:57 AM »
covered my TSLA short.

Out of curiosity, from what level were you shorting?

Lance

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Re: What are you buying today?
« Reply #859 on: December 09, 2014, 11:40:10 AM »
covered my TSLA short.

Out of curiosity, from what level were you shorting?

$223

Thanks,
Lance