hunts_with_stick
5 year old buck +
I bought some pltr as well. Also bought some sofi yesterday and pru. Cracker Barrel has been doing well for me too.
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Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
SD51555
5 year old buck +
Cookie tray is coming around in GIS. I already bought a block at $48, and sold a march $50 call at 89 cents.
I’m pondering grabbing another block. Could buy it and sell a March $47.50 call. Could also sell a March $45 put at $1.50.
There’s a dividend coming around 4/10 for 61 cents. It’s the sweet spot when you get a good buy price, sell a good call, and pocket the dividend in six weeks.
I don’t love the company, but they also make like 22,000% (yes twenty two thousand percent) margin on their inputs. They just have to figure out how to keep the people eating. Any outfit that buys wheat and corn for 5-10 cents a pound and sells it for $20 a pound is a producer in my book.
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I’m pondering grabbing another block. Could buy it and sell a March $47.50 call. Could also sell a March $45 put at $1.50.
There’s a dividend coming around 4/10 for 61 cents. It’s the sweet spot when you get a good buy price, sell a good call, and pocket the dividend in six weeks.
I don’t love the company, but they also make like 22,000% (yes twenty two thousand percent) margin on their inputs. They just have to figure out how to keep the people eating. Any outfit that buys wheat and corn for 5-10 cents a pound and sells it for $20 a pound is a producer in my book.
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SD51555
5 year old buck +
They are also a dividend aristocrat, in that they have a rich history of raising their dividend every year. They are a $23B company. They have $5B in cash, they pay a 5.5% dividend, and they're also buying back about 5% of their stock each year at these prices. If I were them, I'd keep the dividend where it is, and plow money into buybacks at these prices. If we get a shock to the system and interest rates collapse, GIS could be back to $70 real quick like.
I wouldn't be shocked if the company gets taken private at this level.
I wouldn't be shocked if the company gets taken private at this level.
bigboreblr
5 year old buck +
If the economy goes down staples go up. Been looking for food / AG. 220x markup doesn't put a dent in their bottom line if grain price change much like in the AG business.
Supposedly Warren buffet made good money on a farm purchase in 1987. If the real estate bubble pops might see if my brother in law can farm a 50 or do acre parcel. You guys showed me how cheap the AG land prices are in central NY.
SD. Finally got a few bags of gypsum.
In NJ right now. Walmart does not sell snow tires here. Stocks been a dud, so just sold it for general mills. Buy an extra stock of Amazon and change goes into CEF.
Probably should buy Cabot stock. Sister in laws dairy farms milk goes to Cabot creamery. Gotta bet for the family business.
Feeling renewal and nuke will be a bust. Really thinking ge Vernova and caterpillar stock. John deer leads in autonomous AG and hyundai leads in construction equipment as well as industrial robots. Seeing these backup Gens everywhere.
Supposedly Warren buffet made good money on a farm purchase in 1987. If the real estate bubble pops might see if my brother in law can farm a 50 or do acre parcel. You guys showed me how cheap the AG land prices are in central NY.
SD. Finally got a few bags of gypsum.
In NJ right now. Walmart does not sell snow tires here. Stocks been a dud, so just sold it for general mills. Buy an extra stock of Amazon and change goes into CEF.
Probably should buy Cabot stock. Sister in laws dairy farms milk goes to Cabot creamery. Gotta bet for the family business.
Feeling renewal and nuke will be a bust. Really thinking ge Vernova and caterpillar stock. John deer leads in autonomous AG and hyundai leads in construction equipment as well as industrial robots. Seeing these backup Gens everywhere.
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