What Did You Buy Today?

[vbin]

Opened puts again today. Trump wants to give cash incentives to people. People not gonna spend of they are feared for their lives. This gonna go further down. Desperate measures.

[fenders53]

(03-17-2020, 11:35 AM)divmenow Wrote:

(03-17-2020, 11:29 AM)ChadR Wrote: Initial position into WEN.  Getting in at $11.34 was just too good to pass up.

Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

[divmenow]

(03-17-2020, 12:12 PM)fenders53 Wrote:

(03-17-2020, 11:35 AM)divmenow Wrote:

(03-17-2020, 11:29 AM)ChadR Wrote: Initial position into WEN.  Getting in at $11.34 was just too good to pass up.

Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it 

Which restaurants are you looking at?

Bought O, BIP and MO

[fenders53]

(03-17-2020, 12:36 PM)divmenow Wrote:

(03-17-2020, 12:12 PM)fenders53 Wrote:

(03-17-2020, 11:35 AM)divmenow Wrote:

(03-17-2020, 11:29 AM)ChadR Wrote: Initial position into WEN.  Getting in at $11.34 was just too good to pass up.

Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it 

Which restaurants are you looking at?

Bought O, BIP and MO

I'd take that too.  Do you actually invest DGI or just trade?  That's an amazing return no matter what.  I am beating the market with option income, but nowhere near even for calendar 2020.  I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now.  They proved they aren't last week as I expected.   

Most or all of CBRL, MCD, DRI, WEN is where I likely land.  I'm open to other suggestions.  I need to update my research and check debt before I determine %.  I'm willing to be patient.  a 90 day or less partial BIZ interruption is not going to BK them.   At the end of all this I have to spine up and pick a few sectors to overweight a bit.

[EricL]

(03-17-2020, 12:55 PM)fenders53 Wrote:

(03-17-2020, 12:36 PM)divmenow Wrote:

(03-17-2020, 12:12 PM)fenders53 Wrote:

(03-17-2020, 11:35 AM)divmenow Wrote:

(03-17-2020, 11:29 AM)ChadR Wrote: Initial position into WEN.  Getting in at $11.34 was just too good to pass up.

Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it 

Which restaurants are you looking at?

Bought O, BIP and MO

I'd take that too.  Do you actually invest DGI or just trade?  That's an amazing return no matter what.  I am beating the market with option income, but nowhere near even for calendar 2020.  I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now.  They proved they aren't last week as I expected.   

Most or all of CBRL, MCD, DRI, WEN is where I likely land.  I'm open to other suggestions.  I need to update my research and check debt before I determine %.  I'm willing to be patient.  a 90 day or less partial BIZ interruption is not going to BK them.   At the end of all this I have to spine up and pick a few sectors to overweight a bit.

Cheesecake Factory (CAKE) and Texas Roadhouse (TXRH) are two others to consider.

[divmenow]

(03-17-2020, 12:55 PM)fenders53 Wrote:

(03-17-2020, 12:36 PM)divmenow Wrote:

(03-17-2020, 12:12 PM)fenders53 Wrote:

(03-17-2020, 11:35 AM)divmenow Wrote:

(03-17-2020, 11:29 AM)ChadR Wrote: Initial position into WEN.  Getting in at $11.34 was just too good to pass up.

Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it 

Which restaurants are you looking at?

Bought O, BIP and MO

I'd take that too.  Do you actually invest DGI or just trade?  That's an amazing return no matter what.  I am beating the market with option income, but nowhere near even for calendar 2020.  I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now.  They proved they aren't last week as I expected.   

Most or all of CBRL, MCD, DRI, WEN is where I likely land.  I'm open to other suggestions.  I need to update my research and check debt before I determine %.  I'm willing to be patient.  a 90 day or less partial BIZ interruption is not going to BK them.   At the end of all this I have to spine up and pick a few sectors to overweight a bit.

I traded in and out a lot in the past few weeks and had big returns in the gold and utilities names I bought. Once the news on the corona virus hit and rates were at an all time low, I knew I had to make a change and get out of anything that would have been affected. That included restaurants, retail, rails, ect. I sold everything in certain sectors and decided to just invest in GOLD and Utilities until the air cleared. I did by some other names and got in and out with profits. I have my list made and am planning to get back into some of those name. Yes to only be down less then 1% is a miracle lol. With the proceeds I made I put the money in companies like MO, O, and NEM. 

If I showed you my to buy list it would be 5 pages long 

I like MCD and am closely watchinging it. I think the drive through will thrive and do well in times like this.

[fenders53]

(03-17-2020, 01:14 PM)EricL Wrote:

(03-17-2020, 12:55 PM)fenders53 Wrote:

(03-17-2020, 12:36 PM)divmenow Wrote:

(03-17-2020, 12:12 PM)fenders53 Wrote:

(03-17-2020, 11:35 AM)divmenow Wrote: Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it 

Which restaurants are you looking at?

Bought O, BIP and MO

I'd take that too.  Do you actually invest DGI or just trade?  That's an amazing return no matter what.  I am beating the market with option income, but nowhere near even for calendar 2020.  I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now.  They proved they aren't last week as I expected.   

Most or all of CBRL, MCD, DRI, WEN is where I likely land.  I'm open to other suggestions.  I need to update my research and check debt before I determine %.  I'm willing to be patient.  a 90 day or less partial BIZ interruption is not going to BK them.   At the end of all this I have to spine up and pick a few sectors to overweight a bit.

Cheesecake Factory (CAKE) and Texas Roadhouse (TXRH) are two others to consider.

I was just coming here to say Darden is off the list, adding TXRH.    Not that DRI is terrible, but I want to buy some of the best I can find on sale right now.  Today is all wrong to buy or I'll be sad in 48hrs, and I am tired of being market sad lol.  I'll have to wait for the market to cool off (since we're all making millions today). 

[fenders53]

(03-17-2020, 01:31 PM)divmenow Wrote:

(03-17-2020, 12:55 PM)fenders53 Wrote:

(03-17-2020, 12:36 PM)divmenow Wrote:

(03-17-2020, 12:12 PM)fenders53 Wrote:

(03-17-2020, 11:35 AM)divmenow Wrote: Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it 

Which restaurants are you looking at?

Bought O, BIP and MO

I'd take that too.  Do you actually invest DGI or just trade?  That's an amazing return no matter what.  I am beating the market with option income, but nowhere near even for calendar 2020.  I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now.  They proved they aren't last week as I expected.   

Most or all of CBRL, MCD, DRI, WEN is where I likely land.  I'm open to other suggestions.  I need to update my research and check debt before I determine %.  I'm willing to be patient.  a 90 day or less partial BIZ interruption is not going to BK them.   At the end of all this I have to spine up and pick a few sectors to overweight a bit.

I traded in and out a lot in the past few weeks and had big returns in the gold and utilities names I bought. Once the news on the corona virus hit and rates were at an all time low, I knew I had to make a change and get out of anything that would have been affected. That included restaurants, retail, rails, ect. I sold everything in certain sectors and decided to just invest in GOLD and Utilities until the air cleared. I did by some other names and got in and out with profits. I have my list made and am planning to get back into some of those name. Yes to only be down less then 1% is a miracle lol. With the proceeds I made I put the money in companies like MO, O, and NEM. 

If I showed you my to buy list it would be 5 pages long 

I like MCD and am closely watchinging it. I think the drive through will thrive and do well in times like this.

You done good. Missing a crash or two through your career matters. I missed most of the financial crisis. And yup, big money will figure out soon restaurants are just overdone.  I get it, I might be down next month.  I'm investing and that's OK. I was pumping DOW here because it was obviously WAY too cheap.  It's up about 25% today.  Too bad I didn't buy most of it yesterday. 

[divmenow]

Another big down day today....

BA now under $100 and I'm still not touching it lol

I will be looking over the next several days for opportunities. Today I'm sitting this one out lol

[fenders53]

(03-18-2020, 08:10 AM)divmenow Wrote: Another big down day today....

BA now under $100 and I'm still not touching it lol

I will be looking over the next several days for opportunities. Today I'm sitting this one out lol

BA is in my nibble range soon.  Just waiting for a little more bad news like the divvy is going away.  Have you noticed on this board it's whomever buys a stock last is smarter than that dummy that bought yesterday lol. 

Grabbed some WEN this morning for 9.50 so it's going lower for sure lol.  I am thinking about entering MCD today with a starter position so get ready to get some cheaper after me. I am glad I lightened way up on oil Monday. I just couldn't watch it anymore because I think oil is going going to shatter the 2016 low like it's not even resistance.

[crimsonghost747]

I've been looking at restaurants too. Not properly, just taking a look to see what's out there.
Honestly? Not seeing much, though MCD is starting to look interesting. I'd love to get my hands on some Chipotle but their P/E is still like 40?

[fenders53]

(03-18-2020, 08:59 AM)crimsonghost747 Wrote: I've been looking at restaurants too. Not properly, just taking a look to see what's out there.
Honestly? Not seeing much, though MCD is starting to look interesting. I'd love to get my hands on some Chipotle but their P/E is still like 40?

I assume you aren't familiar with US restaurants.  There are some powerful chains with good enough balance sheets being given away.  I'll stay FAR away from the Momo like Chipotle.  That's one that could get chopped in half again.  Some of the others are at financial crisis lows and they are still selling carry out. For better or worse, restaurants will be my play coming out of this. I've picked up plenty of industrials. I'll have to be more patient with those. Restaurants can turn their fortunes on a dime. Aircraft parts manufacturers, not so much.

HD just cut store hours today, but not much.