What are you buying today?

[petey2720]

just an opportunity to get a few shares under $4.00

[jm25]

RX - Biosyent

[tombgrt]

what is your thesis on this company? doesn't look like it has been to profitable and debt load looks a bit above average (but has been coming down). 3-4x ev/ebitda on my very rough numbers

There's an AIQ thread in the ideas forum that is quite thorough and provides a very clear thesis.  The GAAP earnings figure is rather fictitious with this one.
http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/aiq-alliance-healthcare/

I am with tombgrt and have been buying more here.  If it weren't for the illiquidity this would be in my top 3 holdings (am concentrated).

Jup. Sorry I missed the earlier comment. I picked up some more at $20.5. Now 20%+ of portfolio, illiquidity be damned. Not really sure what else to buy tbh!

[Lance]

SDRXN (Sandridge Energy Inc Conv PFD 7% Perptl)


Thanks,
Lance

[Ross812]

Bought BH.

Sold all of my BAC '16 Leaps.

[Lance]

Bought IAU and shorted BID (Sotheby's).

Thanks,
Lance

[benchmark]

Bought BH.

Sold all of my BAC '16 Leaps.

Why selling the leaps now? BAC will likely go up more in the next few month -- of course, the time value will decay as well

[TwoCitiesCapital]

Increased allocation to PKX today by 35% in my IRA. Looking to add more.

Not really a long-term view on the position as it was already one of my larger ones but I'm trying to get favorable tax treatment on the position since it's fallen so much from my cost basis (around $70). I'm buying shares in my IRA with the intent of selling the same number of shares in my taxable account at a later date (probably in the next 3 months or so).

Therefor, my exposure to the name will be elevated for the next few months as I accumulate shares in the IRA and wait to sell the shares in the taxable account to maximize the tax benefits.

 

[gokou3]

SDRXN (Sandridge Energy Inc Conv PFD 7% Perptl)


Thanks,
Lance

May I ask your rationale for buying SDRXN?  Also, did you consider SDRXP as well?  I am currently looking into buying SDRXP.  Do you worry about them suspending the common-stock dividend altogether?

[Lowlight]

AIQ today. Plan to add to OPY tomorrow (hopefully below $25).  Will probably add a little to AIQ if it falls again.