Talking stocks, trading, and investing in general

[MSchapiro]

Corp dev?

Haha, have to prefer Bloomberg or suddenly I'm not legit?
Edit: Realized I missed part of what you are saying. I work in M&A.

Bloomberg terminal is excellent at what it does, but it is very rigid and geared towards people in specific roles. Eikon 1-3 were pretty awful, but 4 is very stable and customizeable. For my personal investing you really can't beat being able to screen by thousands of metrics and totally customize your pages.

For instance I have a list of mREITs by different types and can see their discount to book in near real time. If one crazily falls out (as ORC did when it had a large premium then a large discount) I know to take a closer look.

I very rarely use my terminal for work.

Yea I've used solver and goal seek for some models but not to the extent that bankers probably do.

Generally the biggest value I get from a DCF is a sensitivity table. I want to know how bad certain factors can get before the investing is no longer good. Having easy access to those numbers has let me bail on one or two unlucky calls with very minor losses.

 

[amerikajinda]

So how is everybody doing in their 401k's year-to-date? I'm up 5.53%.

 

[jbarwick]

Straight 401k for me is 3.62%. Composite for the year we are pretty much flat from my IRR calculation.

 

[GreenFrog]

bout tree fiddy bps for me (serious).

 

[ellsbebc]

Asset allocation is Vanguard target funds and S&P 500.

IRA = 3.1%
401k = 4.1%

 

[gettoasty]

SIMPLE IRA = 3.50%
401(k) = -18.48%

 

[GreenFrog]

holy **** whats your 401k invested in?

 

[otc]

Our old friend Ocata, formerly ACTC, is getting bought out by Astellas Pharma Inc.

I still think their research has a chance to go somewhere...but apparently so does this other company, so they will get to reap the benefits.

I'll be exiting at or around the merger price, which translates into only a 3.4% return.

 

[chogall]



Our old friend Ocata, formerly ACTC, is getting bought out by Astellas Pharma Inc.

I still think their research has a chance to go somewhere...but apparently so does this other company, so they will get to reap the benefits.

I'll be exiting at or around the merger price, which translates into only a 3.4% return.

Acquisition price is 8.5 and stock trading at 8.48. Not much meat left for merg arb. Unless someone is keen to lever it up 10x with small amount of money.

 

[otc]

Last few days it has actually been trading just above 8.5. So very little arbitration left unless you expect someone is going to come in with a higher bid or you are keen on a shareholder lawsuit accusing the board of accepting a low offer.

 

[chogall]

Maybe Shrekli will come in as a white knight! Lol

 

[dopey]

Bought some more BWEL recently. Not sure there was any particular urgency, but I had been meaning to increase my ownership for a while now and finally saw some liquidity in the shares. It is a funny company.

 

[chogall]

Anyone trades using algo here?

 

[GreenFrog]

dat Draghi disappointment

 

[Master-Classter]

SCTY seems to be recovering nicely. Damn, I was holding a lot with average cost around 31 and sold it all off now around 34, itching to take some gains, now it goes to 37 today already. Bulls bears and pigs I suppose.