Author Topic: What are you buying today?  (Read 1476644 times)

DTEJD1997

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Re: What are you buying today?
« Reply #3730 on: April 13, 2019, 07:35:08 AM »
MTY.TO or MTYFF....looks as if the Algos overreacted  :o

If it goes down blame the algo's. If it goes up your analysis is great :P .

Could it be that MTY's business model is buying up smaller chains and "rolling up"?  In the past, that worked reasonably well, and they got some decent chains.  NOW, time has progressed and the easy fruit has been picked.  What remains are problems like Papa Murphys?  Thus MTY's long history of rolling up is coming to an end?


Spekulatius

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Re: What are you buying today?
« Reply #3731 on: April 13, 2019, 09:33:55 AM »
I bumped up my WFC position on Friday. I used proceeds from sale of my FITB and cash. Worse case, I collect ever rising dividend checks. Itís now my largest bank position. I also bought a little CARS.
Life is too short for cheap beer and wine.

sleepydragon

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Re: What are you buying today?
« Reply #3732 on: April 13, 2019, 10:01:02 AM »
Maybe WFC should buy citizens bankó the largest bank in MA! Just to get Eliz Warren to stop bashing WFC. I donít see her bashing JPM nowaday

boilermaker75

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Re: What are you buying today?
« Reply #3733 on: April 13, 2019, 10:25:17 AM »
I got put to on WFC at $47.30. I wrote some more puts, 45-strike May 10 expiration.

WFC is my largest bank holding ahead of BK and BAC. WFC is a very distant second to my largest holding BRKB.

Spekulatius

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Re: What are you buying today?
« Reply #3734 on: April 16, 2019, 09:52:21 AM »
Bought some WRK ( paper packaging co). Selloff in this sector due to concerns over pricing pressure . We will see, some of these stocks have become cheap and the industry has consolidated a lot. Packaging is one of these sectors where rollups are actually fairly low risk and the rollup model seems to work.

Cardboard might like this stock :-)
« Last Edit: April 16, 2019, 10:26:05 AM by Spekulatius »
Life is too short for cheap beer and wine.

DooDiligence

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Re: What are you buying today?
« Reply #3735 on: April 22, 2019, 03:08:06 PM »
Added a little DVA in my tax advantaged account.

Hopefully the market isn't signaling the demise of the DMG UNH deal.
Healthcare 20.9% - EW NVO // BRK.B - 22.7% // Auto's & Oil 14.7% - CLB GPC VDE

Banking 10.2% - WFC // Entertainment 4.8% - DIS // Drinkers & Smokers 7.0% - MO

Retail 1.5% - ULTA

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%'s held @ MV 11/29/2019 minus 18.2% investable cash

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LC

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Re: What are you buying today?
« Reply #3736 on: April 23, 2019, 07:51:40 AM »
Bought some VZ
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Spekulatius

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Re: What are you buying today?
« Reply #3737 on: April 23, 2019, 10:01:30 AM »
Bought a bit of PFIE the last few days. I am hoping that higher crude prices lighten up the flame for this stock . They produce burner controls for E&P’s primarily.
« Last Edit: April 26, 2019, 03:25:27 PM by Spekulatius »
Life is too short for cheap beer and wine.

tombgrt

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Re: What are you buying today?
« Reply #3738 on: April 26, 2019, 11:44:37 AM »
Bought a boatload of CRC LEAPS today. Painful to do but hopefully with a good return like last year. Basically crashed yesterday (and lost 10% days before) following a bill in California to restrict drilling, news that was already known on Tuesday. Purely sentimental selling if you ask me. Bill unlikely to go through. But even if it did, it would hardly be the end of CRC. Given that CRC is an option on brent prices already, you might as well leverage that leverage with options. Binary outcome most likely (either they survive and are a multibagger or they become a zero at some point) so much preferable about regular stock.

bizaro86

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Re: What are you buying today?
« Reply #3739 on: April 26, 2019, 01:00:28 PM »
Bought a boatload of CRC LEAPS today. Painful to do but hopefully with a good return like last year. Basically crashed yesterday (and lost 10% days before) following a bill in California to restrict drilling, news that was already known on Tuesday. Purely sentimental selling if you ask me. Bill unlikely to go through. But even if it did, it would hardly be the end of CRC. Given that CRC is an option on brent prices already, you might as well leverage that leverage with options. Binary outcome most likely (either they survive and are a multibagger or they become a zero at some point) so much preferable about regular stock.

Would you mind sharing (even generally) the timeframe and strikes you're looking at here. I like this idea, but man some of those options are expensive. Be curious to hear how you're thinking about in the money/at the money/out of the money.