Investing General Discussion

Borzak

Borzak

Silver Baron of the Realm
26,651
35,474
Tirant said:
Are you in the Haynesville? Good time to be getting Natty G royalties. Just had some new wells come on in the SCOOP under some of my minerals and the gas price for September was $1.27, by December was $2.92, and the current Henry Hub is at $4.40. Make sure you double check your division orders, O&G minerals is one of my primary businesses and the most annoying part is trying to get one of these giant O&G companies to get my interest correct, they always want to keep paying whatever decimal they were paying the guy I bought them front, regardless of what they really are.
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Almost, but not quite. Tuscaloose Marine Shale barely. I don't get the exact figures until later to show what was oil, gas, and cleaning and transportation. From the amount I'm guessing mostly oil. Some of it is from a lease which I get a percentage of the production and some I own and do not lease which I get almost all of the production. A year and a half ago it was a huge boom in lithium and as far as I know that hasn't actually produced anything yet but I sold a small amount and that was the best payout of all over the last 30 years.
 
Lambourne

Lambourne

Ahn'Qiraj Raider
3,181
7,419
Bought back into the S&P 500 ETF that I sold for 109 early January. Might be early but my crypto trading experience has shown me that I usually wait too long and miss out on most of the recovery.

This was never intended as a flip but I felt that the tech pump after the election wasn't going to hold with all the spending cuts Trump planned, so I rotated the profits into blue chips in January.

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Blazin

Blazin

Creative Title
<Nazi Janitors>
7,421
37,339
I'm long 500 shrs of QQQ, not trying to manage it they will whipsaw you to death with every trade utterance. I may go long another 600k S&P depending how we look at close.
 
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Jysin

Jysin

Bronze Baronet of the Realm
6,852
5,035
Blazin said:
I'm long 500 shrs of QQQ, not trying to manage it they will whipsaw you to death with every trade utterance. I may go long another 600k S&P depending how we look at close.
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Are you in S&P at all, or just the QQQ position?

In an ideal world, I wanted the panic overshoot below the 200D on SPY and back up the truck. It just seems too obvious at this point though.

It's day 2 of dip buyers front running the 200D level.
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,421
37,339
Jysin said:
Are you in S&P at all, or just the QQQ position?

In an ideal world, I wanted the panic overshoot below the 200D on SPY and back up the truck. It just seems too obvious at this point though.

It's day 2 of dip buyers front running the 200D level.
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No Spy as I wanted that 200d like everyone, was even hoping for overshoot and 565, I am beginning to believe we get a reprieve bounce before another final low. I'm really wrestling with just waiting or taking the current level.
 
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Blazin

Blazin

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<Nazi Janitors>
7,421
37,339
I did add MSFT to my LT portfolio been waiting for this level since last summer so that patience worked out.
 
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Jysin

Jysin

Bronze Baronet of the Realm
6,852
5,035
Blazin said:
No Spy as I wanted that 200d like everyone, was even hoping for overshoot and 565, I am beginning to believe we get a reprieve bounce before another final low. I'm really wrestling with just waiting or taking the current level.
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FWIW, On my SPY position, I pulled a few k partial profit on last week's pop, then cut the rest break even when we puked again. Started partial adding again with the last two adds yesterday at 575 and 572s, but I am much lighter while anticipating the 200D test. I have deployed cash elsewhere and got some BTC at the 200D. some AMZN on the 200D, scooped some TSLA and NVDA yesterday as well. Also sitting on about $60k JEPI in the 57 range in case we are in for some months of chop while this tariff stuff shakes out.
 
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Jysin

Jysin

Bronze Baronet of the Realm
6,852
5,035
Blazin said:
I did add MSFT to my LT portfolio been waiting for this level since last summer so that patience worked out.
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Nice scoop. I honestly thought I had an alert set for this level.

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tugofpeace

tugofpeace

Pronouns: zie/zhem/zer
919
2,062
All my YTD gains being wiped out if my calls expire worthless in mid April.

Hopefully we see rebound by then..
 
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Blazin

Blazin

Creative Title
<Nazi Janitors>
7,421
37,339
Buying S&P ($600k) at the close in mutual fund only retirement account. I don't think we hit bottom of this leg but this might be the low close and I gained enough alpha to not play with it any further. Side stepped about $40k in decline regardless of what it does from here, time to lock it in.
 
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tugofpeace

tugofpeace

Pronouns: zie/zhem/zer
919
2,062
Anyone here familiar with the effect of management led buyouts on share price? One of my long term holdings (ZIM) just announced their CEO is looking into a MBO. Currently trading at $20/share but supposedly fair value is much higher.

They have earnings next week and are releasing their year end dividend in the range of $4-6 so I'm curious.
 
Juvarisx

Juvarisx

Florida
4,346
4,883
Never have I been happier that I dumped Tesla in December.

35% drop now Woof.

I guess he doesn't care but those board members must be real fucking mad at this point, particularly the EU sales.
 
Cayennechap

Cayennechap

Molten Core Raider
78
242
Juvarisx said:
Never have I been happier that I dumped Tesla in December.

35% drop now Woof.

I guess he doesn't care but those board members must be real fucking mad at this point, particularly the EU sales.
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If kamala and co got in Elon would probably of got assassinated or thrown in jail already. I really dont think he cares in the least and it will bounce back eventually the US market is now basically completely protected from chinese EV's. He's going to mars.
 
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