Dividend Growth Forum

Full Version: What Did You Buy Today?
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767
Started a small position in FSR, an electric car company.
(02-16-2021, 11:17 AM)fenders53 Wrote: [ -> ]Talk to me about PLTR.  I know some of you follow it.  Are we near an opportunity for those who showed up late.

If you are worried about going long, you can now sell the 1/21/22 $20 Puts for $4.76/contract. 24% yield for a LEAP Put that only exercises if a company with 45%+ YoY revenue growth drops 30%+ in a year. 

My current blended cost basis in PLTR is ~$16/share, so if you sold the $20 LEAP Puts, your adjusted entry price in the event of assignment next year would be below my current cost basis. 

I also continue to hold my 1/21/22 $40 calls, as I think we will continue to see lots of volatility in the shares between now and January. Suspect the recent highs of $44 will be breached again in the coming year, which is why I continue to hold the calls.
Thanks Otter. Do they have a lockup expiring? I thought I read that. Seems like we are getting near a time for at least a small position. I know the stock is well loved on the internet.
(02-16-2021, 12:20 PM)fenders53 Wrote: [ -> ]Thanks Otter.  Do they have a lockup expiring?  I thought I read that.  Seems like we are getting near a time for at least a small position.  I know the stock is well loved on the internet.

Yes, lockup expiry happens right about now. Not as substantial a percentage of the float as your typical IPO lockup, due to their direct listing. 

The only thing I didn't like in their earnings release was the huge amount of stock-based compensation (would be over $1bn/year at current rates). Would like to see that brought down.

The YoY revenue growth figures look solid.

I've always thought no one can accurately say what a growth company's share price should be. It's necessarily speculative, unlike getting cash dividends at a predictable yield. I just happen to have chosen PLTR as one of the growth picks in my portfolio, and am content to ride along with the volatility, as I like the business and think it will be a long-term leader in unstructured data analytics, which should itself be a rapidly growing sector of the economy in the coming years. 

Businesses will do anything to increase productivity. From the early days of Taylorization when factory workers were timed at their tasks with stopwatches, through Six Sigma, and now to data analytics, the goal is to boost the bottom line. Companies that want that efficiency boost are part of the target market.

Governments are also a target market (and PLTR's primary customers for most of its history). They want more efficient analysis of data, too, as knowledge is power. Affects everything from national security, to delivering government services more efficiently and eliminating waste/fraud/abuse. 

There are lots of companies that do data analytics. I dealt with tons of them when I was actively doing litigation work (all sorts of commercial platforms for sifting through eDiscovery). Most require data to be structured in certain ways for their technology to use it properly. PLTR excels at being able to take on the firehose of raw data, and tell companies and governments: here are a bunch of things you are missing where you could improve. 

There were a ton of search engines in the early 2000s. I remember using Ask Jeeves. GOOGL had the algorithm and the marketing to dominate the market. I feel kind of the same way about PLTR. I might be wrong, but if the position goes to zero, I'll ultimately be fine.
I would be a nervous wreck if the majority of my holdings were high-volatility growth picks like PLTR. The dividend growers are mostly boring, with easily understood valuation metrics. The dividends spend just fine.

Bought some more AROW this morning. My last post on it was pretty basic: yield, P/E, payout ratio, 5yr DGR percentage, consecutive years of growth. It's boring and simple analysis.

ABNB and PLTR are a lot more fun to write about, but I've learned over time that excitement should be a small overall part of my portfolio.

Binary

Sold out of WFC. Bought ANTM and added to WPC.
I appreciate the thoughtful post.  You have to know I am generally conservative by now.  I always do further DD before I throw down real money.  I have definitely made a few hundred here and there following you.  I hope my bearishness causes you to look harder now and then.  

PLTR does look like a good spec but that employee compensation looks inappropriate while they are trying to turn profitable.  I expect they will have to address that.

I think I will sell a few puts soon.
Bought CVS, NOC and WCN. I think its about time value stocks come in favor and let those high flyers melt down to more respectable levels lol

chascornell

Thinking about throwing down a F call for next year. What’s peoples thoughts on F? The Fed just announced all their cars will be EV, I think this should increase the stock price over time


Sent from my iPhone using Tapatalk
(05-07-2020, 11:15 AM)kblake Wrote: [ -> ]bought WFC, GD, FRT, MO, PM and BRK.B

I'm still holding 48% cash for other opportunities

(02-16-2021, 02:09 PM)chascornell Wrote: [ -> ]Thinking about throwing down a F call for next year. What’s peoples thoughts on F? The Fed just announced all their cars will be EV, I think this should increase the stock price over time


Sent from my iPhone using Tapatalk
That was a much better idea before it doubled months ago. A single call is cheap though.  The auto market will remain low margin and require a good economy.

Binary

(02-16-2021, 11:58 AM)Otter Wrote: [ -> ]
(02-16-2021, 11:17 AM)fenders53 Wrote: [ -> ]Talk to me about PLTR.  I know some of you follow it.  Are we near an opportunity for those who showed up late.

If you are worried about going long, you can now sell the 1/21/22 $20 Puts for $4.76/contract. 24% yield for a LEAP Put that only exercises if a company with 45%+ YoY revenue growth drops 30%+ in a year. 

My current blended cost basis in PLTR is ~$16/share, so if you sold the $20 LEAP Puts, your adjusted entry price in the event of assignment next year would be below my current cost basis. 

I also continue to hold my 1/21/22 $40 calls, as I think we will continue to see lots of volatility in the shares between now and January. Suspect the recent highs of $44 will be breached again in the coming year, which is why I continue to hold the calls.

I also sold a 20 put today, but expiration date is 21 May 2021.
Sold a lot more pltr puts expiring every week uptil april below $25.


Looking to sell noc put next.
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767