Gotcha, just looked at it. It's illiquid as hell, 9,000 shares traded daily.

Also, this is a pretty small company ($200mm market cap) with barely any top line growth. Hope this isn't one of your biggest holdings.

I don't own equities. I have toyed with creating a synthetic portfolio with options. But honestly, for like a back the truck up and build a portfolio approach I have never liked the prices. I didn't get into trading until the middle / end of this bull run.

If, as Wealth$ says, we get a good sell off this coming year or two I do plan to establish a position in most of those companies (easier said than done for the ones that don't trade on a domestic exchange). I like the idea of owning good companies...when the time / price is right.


Interestingly, I have felt the complete opposite about PMs. Gold and silver may just be coming out of a multi year bear. Currently they appear negatively correlated with equities. And there are reasons why an atmosphere of rate hiking can be bullish for gold.

also, I forgot AAPL in that list, it certainly deserves to be there IMO

well be happy yr in the single digits lol. I got just under $11 after cost averaging down after it went below 7.

Earnings report next week should be interesting. HOS has been getting killed , and even today when Energy is up -- HOS is down another 1-2%.

I wanna average down and buy some more shares, but just can bring myself to pull the trigger.

The HOS 2017 bonds are trading at a premium while their 2020 bonds are trading at 50c on the dollar.
Instead of calling the 2020 bonds maybe they should just buy them off the secondary and retire them. They have enough cash to cover the 2017 and buy a good number of the 2020 bonds off the secondary.

The valuation is idiotic. They can definitely liquidate for more.

they still have capex obligations for some of that cash

On the plus side, their CEO, COO, and CFO bought a combined 62k shares in January, so at least we're not the only ones betting on an eventual recovery.

IBM is yuck. Put a SAAS company in there instead - WDAY or CRM.

CELG>GILD

The reason why GILD is so cheap is because they only have 1 drug they rely heavily on, their Hep C drug and have nothing exciting in the pipeline.

Put some more retail in there - UA, WFM, DNKN, FL (maybe 2 of these 4 but UA is a must IMO).

I really like LNKD too

TDW was up 22% when they reported earnings, but it sold off pretty sharply in the following days. I think there's a decent chance HOS might do something similar, so I might look to sell a rally and then buy back in to lower my cost basis. Just be careful with wash sale rules.

lol

celg sales 9.2B

gild HIV sales 11B

gild HCV sales

real value imo at the current prices: WMT, AAPL,

i like EEP, KMI, tho it's too early/risky to buy it now. i'm watching JBLU, CSIQ, SCHW, TARO, TTM, BIIB

Ive discussed buying back debt with the Hornbeck CFO, hes aware of his options

IDK much about IBMs business other than they have their hands in lots of different projects / tech assets. Which makes me think they have value as a long shot (spray and pray).

You are right to say CRM and I have never heard of WDAY.

I am also rather ignorant on biotechs but just knew there should be some exposure.

But retail? No ty. Just because its a sector doesn't mean you have to have exposure. You want exposure to upside not just diversification. I'll take AMZN over most of retail. Screw Dunkin and FL their models and products are the past.

UA / fine, w.e. CMG > WFM IMO (post ecoli mess).

And LNKD, meh. FB if you want social media. My capital is scarce. I'd rather buy gold and silver than own LNKD and FB. And sadly, it looks like you have to own FB.

Maybe, but not for me. I think WMT is over. I don't think AAPL is but I can see why some people such as Wealth$ do.

I was sticking mostly to bluechips for that list. I know a fair amount about the airline industry and wouldn't touch a carrier company with a 10 ft pool. Hardware manufacturers area another story though (I'd bet money Elon Musk releases a white paper on the electric jet front).

CISCO fine. I will never own any of the big banks. Ever. They are toxic and terrible, and immoral, and the list goes on (ha though I do use OXE that is owned by SCHW).

I think TTM has a good business model and will be legit at the right price. BIIB is solid at the right price as well, but outside my area of expertise.

FL owns a lot of different businesses. They have their hand in ecommerce, they own eastbay.com, which is my go to site for sports gear. I like but def like UA the best. I like CMG too but like WFM better

You are right, I forgot about EastBay. IDK, still kinda meh, I'm just not excited by any of their models.

I think WFM is pricey and will experience a lot of competition from smaller organic chains and independents.

I think food distribution networks, in a general sense, a la the web, will move to a more distributed / decentralized approach over the long run w/ shipping costs + consumer preferences yielding a more farm - table approach. The economies of scale to be had from centralizing and consolidating seem to mostly have run their course.

For the big boys there are now reverse economies of scale when it comes to legal and product quality.

But who knows, maybe the world is going to look more like BladeRunner than I think.

here is something to make you bullish on CRM: https://en.wikipedia.org/wiki/Heroku
they acquired Heroku in Dec of 2010.

you really gotta wonder with buffet buying stake in KMI and tepper buying a bunch of oil if now is a good time to stick a toe into the oil markets. fundamentals are telling me no, but its getting mighty enticing.

Most of Teppers buys are natural gas. Oil market differs in a lot of ways from nat gas market.

Imo, Nat gas (in the US im talking about) has much larger natural decline rates (so shorter cycles). More than half of production is unconventional with 40-50% decline rates the first year.

Demand looks much rosier in the next 5 years than oil and it seems to be priced relatively lower than oil (since even low cost producers are not making a profit, unlike oil).

Nice thing about buying a basket of nat gas stocks now is that if one fails, that means enough production will be taken of the market that the others will do fine. The portfolio seems to sort of hedge itself. And he is probably banking on the price gap between henry hub and marcellus to close with new take away capacity coming online.

actually thats a bit backwards where the best oil plays at $30 dont really make money but the best gas plays at 2$ do. Gas has been living down here a lot longer than oil.

Only 3 plays worth considering in gas is Marcellus, Utica and Montney. They all continue to grow at 2$

Who do you like to take advantage of the Montney play Ahnuld? I know Seven Generations Energy has the most active wells right now if I'm not mistaken? Is there someone else I should look up?

Have you guys looked into some of the second tier airlines ? I have been looking over SAVE (46) and VA (29) and think they are well positioned to grow from here (especially save ) . opinions ?

I'd love to get some opinions on AT&T. Strong dividend history with a low beta. Seems like a pretty safe long term bet to me.

I'm long SAVE too and love it. Stock is amazingly cheap relative to its long term growth potential, when you think about how many lower middle class people there are in America who are extremely price sensitive and have never had an airline designed specifically to cater to them.

Whitney Tilson (hedge fund guy) has written some good stuff on SAVE. If you google "Whitney Tilson Spirit Airlines", there's lots of good information out there on Seeking Alpha and Valuewalk.

Excellent write up on FCAU, RACE, and EXO

http://www.gwinvestors.com/wp-conten...t-is-Right.pdf