What Did You Buy Today?

[vbin]

(11-17-2020, 04:17 PM)Otter Wrote:

(11-17-2020, 04:06 PM)vbin Wrote:

(11-17-2020, 04:00 PM)Otter Wrote: Sold out of my last remaining CNP shares in an IRA (got back to breakeven after the dividend cut). Replaced with a mix of GILD and STWD.

Watching PLTR continue to go to the moon.

I made 2 purchases on PLTR aswell. This is a company I was waiting to IPO since last 5 years. Thinking to buy more in December. Still bulish.

I own a small positioning STWD as well.

What's you outlook on PLTR and STWD?

Data analytics is a crowded field, but PLTR appears to have done well with government contracts. Will see if that continues across administrations. If it hits $20.20, I'll sell half and let the rest ride (would be a double for me at that point).

My rule with STWD (I once had a fairly sizable position) used to be that any time it dipped under $20, it was a buy. It isn't DGI, and their commercial paper business model is too complex for me to understand fully, but they've done a great job as an income farm for a long time. I don't mind having a small position in my IRA, where it can throw off income tax-free. If the recovery rally is a head fake and commercial mortgages become a toxic asset class, I'll probably dump it. Gotta be quick with those sell orders, though, as it dropped 75% in a hurry as the first shut-downs went into effect.

Otter, PLTR trading way past $20.20. Its running up way faster than I expected.