Friday File: Catching up with that “Motley Fool Conviction Buy”, plus thoughts on AIG and Berkshire

by Travis Johnson, Stock Gumshoe | March 31, 2017 6:03 pm

Checking in on that "like buying Amazon" stock, plus some updates on insurance stocks in my portfolio

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19 responses to “Friday File: Catching up with that “Motley Fool Conviction Buy”, plus thoughts on AIG and Berkshire”

  1. ddarnell5 says:

    Have you looked at IMMG ?

  2. honolulu_aunty says:

    Congrats on your Shopify options! One of the very few success stories that I have heard of (or had) about purchased options. Nice to have a winner – and your dilemma is sweet!

  3. kuczynski says:

    $shop
    excellent article, as per expectations, travis 🙂
    not that it amounts to a hill of beans, but, not including $auph, $shop is my 2nd largest valuation
    henry

  4. thinairmony says:

    I have heard from the rumour mill that Amazon is thinking about a joint venture which shopify. Market is moving very strange since Trump took office. I am coming to the conclusion he is in over his head and his ego is being over whelmed that being President is not like running a business. Health care didn’t work on repeal and everyone taught it would be and now everyone is having to readjust back and people are making a bunch of money who reverted back to the OBama CARE realignment fast. And General Flynn wanting immunity leads to believe something illegal he knows about President Trump may have given some orders behind the doors but find that a stretch. I would think he would protect Trump. Who knows. I have held my shoify stocks still up by a large %. Also probably will nvest heavily in BRK- B would be a good hedge right now see how things developed over the weekend. Shopify dropped Like a rock. Markets is just crazy to make sense of it of it and just keeping my emotions in check is a struggle.

  5. backoffice says:

    I would dump the SHOP options and re-invest in some new options in Shop.

  6. ctorti says:

    I bought Shopify in January and it is up 85% since then. I don’t think it’s done. I would exercise the option.

  7. ctorti says:

    Excuse me, that was a typo. My SHOP is up 45% since January, not 85%.

  8. connyank says:

    You could look at puts to protect your profit if the premiums are reasonable – think of it as buying insurance on your mew BMW…

  9. bajapete says:

    For directional options I buy a Delta 70 option. I vaguely recall a TastyTrade market measure or a John Carter video which proved that it provided the best return on capital. If I’m buying a directional option spread I sell the Delta 70 option call and buy the option one or two strikes lower depending on option availability of the lower strike.

  10. hendrixnuzzles says:

    $SHOP…you were speculating and have a good profit.
    But to exercise, you are increasing your capital risk.

    Unless you have real conviction about more upside, or believe the stock is a long-term core holding, I would cash out the options and put most of the proceeds into something, like, say, AIG or Berkshire. You could take a portion of your winnings and roll them over into new strikes and expiries on $SHOP if you have a hankering to let it ride.

    Speaking of insurers. Do you have an opinion on Fairfax
    or Axis ?

  11. yelpik says:

    Would fairfax have any Canadian taxes or fees if purchased in US.

  12. backoffice says:

    what is the name of the stock pushed by Motley fool as AI that featured a head with the facial features intact and the rest of the the head and background made of pieces coming together . Other clues were the CEO of ARK said it would create 17 Trillion dollars or be the size of 35 Amazons and Mark Cuban of Shark Tank claiming it will make the worlds first Triilionaire. Thanks

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