Wild-Assed 2

[Louetta]

Another stock I used to flog regularly in my old thread was STOR. This is a Buffett stock (or his lieutenants Todd and Ted). It's a REIT which specializes in strip mall type businesses which are by their nature immune to being internet-ized. Schwab lists restaurants, early childhood education centers, movie theaters, health clubs and I envision barber shops, pool halls, etc. Pays about 3.5% before the Section 199 tax break (thanks to Donald) which is less a payout than it was, as the stock has been rising. Hard to recommend it strongly at this level but it's worth a look.

[Louetta]

Bought some Jan. 2021 CRON calls. My only exposure in this area. Stock has been cut in half since the high early this year and they have earnings and a reasonable PE.

[Louetta]

Well this thread isn't called wild-assed for nothing. You may recall I used to post about LOGG, at one time a small company trying to produce a small wear it on your ear type camera with which one could record all sorts of hairy adventures. They failed and six months ago the stock was trading at about $.005 (that is 1/2 of one cent). Since then they have re-incorporated from Nevada to Delaware, convinced creditors to trade in debt for stock in the re-incorporated company, brought their SEC filings up to date, have a new chairman and bought rights to the names of two products from PG, though God only knows what they are going to do with those rights. They still have no reported revenue but today for the first time the stock, if you can call it that, is trading at over $.05, otherwise known as 5 cents.

I don't know what is going to happen, in fact I was wishing they would open a marijuana business, not work with PG, but at least PG is a legitimate company. At any rate the prospect that the stock will continue to rise makes my little heart beat faster than watching Tom Brady dismember the hapless Pittsburgh Steelers.

[Louetta]

Regrettably we lost this classic when I lost my old thread. I have long modeled my eyebrows after Hepburn's. Check out the excellent shot when Capote's name appears.

https://www.youtube.com/watch?v=1JfS90u-1g8

[Louetta]

Bought a minimal position in a bunch of funds, BFOCX, AKREX, TGUNX, LCLAX, BMGAX just to have a position. Still don't see that anything has changed warranting putting any more money in right now.

[Louetta]

Bought some Jan. 2021 CRON calls. My only exposure in this area. Stock has been cut in half since the high early this year and they have earnings and a reasonable PE.

Gonna roll these out to 2022 on Monday. I'm reading that ALL 2022 LEAPS will be introduced on Monday as opposed to the usual discipline of introducing Cycle 1, 2, 3 stock LEAPS in September, October and November but the CBOE FAQs still describe the old system.

[Louetta]

Well this thread isn't called wild-assed for nothing. You may recall I used to post about LOGG, at one time a small company trying to produce a small wear it on your ear type camera with which one could record all sorts of hairy adventures. They failed and six months ago the stock was trading at about $.005 (that is 1/2 of one cent). Since then they have re-incorporated from Nevada to Delaware, convinced creditors to trade in debt for stock in the re-incorporated company, brought their SEC filings up to date, have a new chairman and bought rights to the names of two products from PG, though God only knows what they are going to do with those rights. They still have no reported revenue but today for the first time the stock, if you can call it that, is trading at over $.05, otherwise known as 5 cents.

I don't know what is going to happen, in fact I was wishing they would open a marijuana business, not work with PG, but at least PG is a legitimate company. At any rate the prospect that the stock will continue to rise makes my little heart beat faster than watching Tom Brady dismember the hapless Pittsburgh Steelers.

More info on the PG transaction here:

https://www.bizjournals.com/cincinnati/news/2019/09/04/p-g-sells-iconic-brand-to-cincinnati-startup-in.html?ana=yahoo&yptr=yahoo

Capital Park Holdings, mentioned in the above, is the latest name for the company that traded under LOGG. I always enjoy reading about this company. You'll note in the header of the SEC page below Lifelogger is spelled wrong in one place. Also, in one of the filings, the old chairman Stewart Granger is in one place referred to as Mr. Stewart instead of Mr. Granger.

https://www.sec.gov/cgi-bin/browse-edgar?company=lifelogger&owner=exclude&action=getc ompany

[Louetta]

Bought some CGC calls Jan. 2021. They are listing the 2022s now but there is no (literally no) open interest for the ones I wanted. Also have CRON calls (2022). I just see so many people using cbd stuff that I wanted to get in (as an investor) long term. Still smell marijuana down by the barns but of course it's legal for horses. CRON is making money and CGC is touted by a lot of folks and is in theory staging a big effort to sell in the US and both have been cut in half in price in the last year.

Also put some of my spare cash in preferreds, CFR/PRA PSB/PRV and three JPMs /PRA /PRF and /PRG. The JPMs were barely touched fourth quarter last year when many others went down to the 22s (25 something is more normal). Figure as long as the Fed is accommodative I can't get hurt too bad. This will change if either Senators Warren or Sanders emerge as serious possibilities.

[Louetta]

Li'l morning music:

https://www.youtube.com/watch?v=LQougIu5X60&index=22&list=RDDopgBNBoVqY

[billyjoe]

Louetta, I'd buy mother company JPM if I had cash at this time.

--------------------billy

[Louetta]

Louetta, I'd buy mother company JPM if I had cash at this time.

--------------------billy

Good choice. I fear the banks longer term until we can get some more visibility on Sen. Warren's chances. Been sticking to stuff like STOR (Buffett) and STWD (Barry Sternlicht). LOGG has moved from single to double digits recently (that would be cents).

[Louetta]

Bought some CGC calls Jan. 2021. They are listing the 2022s now but there is no (literally no) open interest for the ones I wanted. Also have CRON calls (2022). I just see so many people using cbd stuff that I wanted to get in (as an investor) long term. Still smell marijuana down by the barns but of course it's legal for horses. CRON is making money and CGC is touted by a lot of folks and is in theory staging a big effort to sell in the US and both have been cut in half in price in the last year.

...snip...

(The above from 9/18.)

Boy my small but pleasingly firm behind is taking a beating in the marijuana stocks.

[mimo_100]

(The above from 9/18.)

Boy my small but pleasingly firm behind is taking a beating in the marijuana stocks.

Mine is a bit larger, but otherwise just like yours!

[Louetta]

Mine is a bit larger, but otherwise just like yours!

Ernie's probably got us both beat.

[Louetta]

... snip ...

Also put some of my spare cash in preferreds, CFR/PRA PSB/PRV and three JPMs /PRA /PRF and /PRG. The JPMs were barely touched fourth quarter last year when many others went down to the 22s (25 something is more normal). Figure as long as the Fed is accommodative I can't get hurt too bad. This will change if either Senators Warren or Sanders emerge as serious possibilities.

Above from 9/18. Bought a smidge more of the three JPMs. Was saving some cash but don't think we're going anywhere anytime soon. We shall see.