Fills

[froggo]

froggo fills:

6/4/22, buy, ASAN @ 37.36
6/4/22, buy, MRTN @ 16.49
6/4/22, buy TMF @ 17.42
6/4/22, buy SAA @ 27.00
6/4/22, buy RNECY @ 5.40

[Triplethought]

froggo fills:

6/4/22, buy, ASAN @ 37.36
6/4/22, buy, MRTN @ 16.49
6/4/22, buy TMF @ 17.42
6/4/22, buy SAA @ 27.00
6/4/22, buy RNECY @ 5.40

Thanks for reminders on these! RNECY was a recommendation elsewhere so try not to post those here as SOL prefers to keep the info siloed. Congrats on some good buys

[Yodean]

Thanks for reminders on these! RNECY was a recommendation elsewhere so try not to post those here as SOL prefers to keep the info siloed. Congrats on some good buys

Filled: too many to list, yesterday. Today, some.

[Triplethought]

Thanks for reminders on these! RNECY was a recommendation elsewhere so try not to post those here as SOL prefers to keep the info siloed. Congrats on some good buys

Filled: too many to list, yesterday. Today, some.

Damn it Yodean I'm being lazy this month and I need you guys to tell me when something hit entry points. I'm too busy buying real estate to put in the new entries. But got a great deal on a 110,000 sq foot warehouse in North Carolina. Used to be a tobacco drying building.

Can you screenshot your buys to save time in posting?

[Triplethought]

Bought AMD $101
Bought MRTN $16.25
Bought ASAN $50 Call expires 1/20/23 for $6.50

[Yodean]

Damn it Yodean I'm being lazy this month and I need you guys to tell me when something hit entry points. I'm too busy buying real estate to put in the new entries. But got a great deal on a 110,000 sq foot warehouse in North Carolina. Used to be a tobacco drying building.

I'm making so many trades these days, both TIT and non-TIT, that's it's hard to accurately report them consistently. Rather just shoot the sh*t a bit with BJ and Co.

Congrats on your real estate buying spree.

Out of curiousity, what are your plans for the big warehouse in NC?

[Triplethought]

Damn it Yodean I'm being lazy this month and I need you guys to tell me when something hit entry points. I'm too busy buying real estate to put in the new entries. But got a great deal on a 110,000 sq foot warehouse in North Carolina. Used to be a tobacco drying building.

I'm making so many trades these days, both TIT and non-TIT, that's it's hard to accurately report them consistently. Rather just shoot the sh*t a bit with BJ and Co.

Congrats on your real estate buying spree.

Out of curiousity, what are your plans for the big warehouse in NC?

thought outside the box and am putting cyclone fencing between sections of the big building to divide it up. Currently leasing 1/2 space to a motorcycle sales company. Some smaller players are negotiating to take wedges of the space for warehousing inventory or working on vehicles. Mostly for companies that are growing too fast for their current locations. Needs about $300K of repairs to the building. I expect to close on the property by end of this month and have it leased up fully within the next 3 months. So far it looks like after repairs and leasing it up the Cap rate will be 9% (i.e roughly equivalent to earning a 9% apr in a bank). My luck it will go down to 6% with unforeseen vacancies and expenses. But I'm learning a lot.

[froggo]

froggo fills:

6/4/22, buy, ASAN @ 37.36
6/4/22, buy, MRTN @ 16.49
6/4/22, buy TMF @ 17.42
6/4/22, buy SAA @ 27.00
6/4/22, buy RNECY @ 5.40 < wrong entry, not part of market update!

Thanks for reminders on these! RNECY was a recommendation elsewhere so try not to post those here as SOL prefers to keep the info siloed. Congrats on some good buys

oh sorry, my bad, got it mixed up - thanks for pointing this out!

[froggo]

froggo fills:
28/3/22, Buy, SPR @ 47.14

note: ignore previous fill on RNECY, that was part of something else, not market update

[Yodean]

thought outside the box and am putting cyclone fencing between sections of the big building to divide it up. Currently leasing 1/2 space to a motorcycle sales company. Some smaller players are negotiating to take wedges of the space for warehousing inventory or working on vehicles. Mostly for companies that are growing too fast for their current locations. Needs about $300K of repairs to the building. I expect to close on the property by end of this month and have it leased up fully within the next 3 months. So far it looks like after repairs and leasing it up the Cap rate will be 9% (i.e roughly equivalent to earning a 9% apr in a bank). My luck it will go down to 6% with unforeseen vacancies and expenses. But I'm learning a lot.

Thanks for sharing - sounds like it has pretty good asymmetry for upside vs. risk.

[Budge]

Thanks for reminders on these! RNECY was a recommendation elsewhere so try not to post those here as SOL prefers to keep the info siloed. Congrats on some good buys

Filled: too many to list, yesterday. Today, some.

Damn it Yodean I'm being lazy this month and I need you guys to tell me when something hit entry points. I'm too busy buying real estate to put in the new entries. But got a great deal on a 110,000 sq foot warehouse in North Carolina. Used to be a tobacco drying building.

Can you screenshot your buys to save time in posting?

X3thought - where in NC? I have a home on Oak Island, NC and one in Norfolk, VA.

[cristiano7subo]

froggo fills:
28/3/22, Buy, SPR @ 47.14

note: ignore previous fill on RNECY, that was part of something else, not market update

Hi Froggo, i believe there's a mistake here for SPR. Sol's recommendation was to close the position. No new instruction to open one. Could you check and advise?

[LoriPrecisely]

Fill TQQQ @ 52.28

I know the latest update says to close half of this position in the 84-87 ranges, but since the original entry price was 56.10, then 45.00, then 41.50, I figured I was safe to get in at 52.28. If I then sell at 84-87, I still make a profit.
If I am not understanding this correctly, someone please correct me.

[xkosmox]

If this is accurate then you are absolutely correct

[Yodean]

Fill TQQQ @ 52.28

I know the latest update says to close half of this position in the 84-87 ranges, but since the original entry price was 56.10, then 45.00, then 41.50, I figured I was safe to get in at 52.28. If I then sell at 84-87, I still make a profit.
If I am not understanding this correctly, someone please correct me.

Yes, I do this a lot too - adapt the official TIT plays to your own style. No guarantees either way, though.