What Did You Buy Today?

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(05-21-2021, 05:12 PM)NilesMike Wrote:

(05-21-2021, 10:53 AM)Otter Wrote:

(05-21-2021, 06:29 AM)NilesMike Wrote: I would not leave T for dead just quite yet.

"New" T w/o a large part of their debt, focused on T business, along with shares of the new entity may just work out well.

4%+ yield with the offer of growth is not bad.

I'd rather avoid the 16% drop in equity to $25/share (my guess as to where it ends up after slashing its dividend nearly in half). Lots of ETFs and other funds that own T as an aristocrat will be forced to divest, and a number of DGI investors who have relied on T as a big chunk of their income will do the same (likely well in advance, hence the drop from the recent $32+ highs as soon as the merger/spinoff was announced). There will be additional carnage in the stock price when the cut occurs. 

So, I'm out. T is already in third place when it comes to 5G spectrum, and will be playing catch-up for years. Cooking up a merger/spinoff of an asset that was supposed to be a cornerstone of the business model just 18 months ago, and alienating your core shareholders in the process, is a sure sign of management that is inept (at best). I may invest in the HBO Max/Discovery SpinCo as a growth company once it debuts, but T is giving me strong GE/IBM vibes.

Your scenario is not attributing any value for the shares received in the new spinoff?

I am curious what that number gets subtracted from?  I get it Discovery has value but T didn't just conjure up a reshuffle and suddenly the stock is worth 25% more with mostly the same assets with even more total debt post merger.  If that were true the stock wouldn't be lower than pre-announcement.  We'll have a better idea of that number in six months.  Apparently it's going to be a long process.