No budget for 2025/2026, No CR for 2025/2026 - Partial US Govt shutdown.
Huh, I get to vote on something? The electronic materials for merger activity of a holding (Shutterstock [SSTK]) arrived today. I had a full three weeks to make a decision. But, I skimmed the options, made a choice, and submitted my request. SSTK was added to the dividend basket mid-year. Whether the surviving entity opts to pay a dividend is unknown. But, my guess is that it does not pay a div going forward.
An interesting former holding crossed my radar earlier in the week - SuRo Capital (SSSS). The company invests in start-ups and/or pre-IPO entities. About a decade ago, [Edit: probably more like 15 years ago] the precursor entity to SuRo Capital had an investment in Facebook/Meta, and subsequently monetized the investment. That coincided with dividend payouts. While they did well with the Facebook investment, they would have done so much better holding onto just that one pick. I realize their business model didnāt allow that. But, the business model didnāt force them to dump in one or two time-frames. The challenge becomes - can SuRo Capital keep finding āthem unicornsā on a regular basis? FWIW, one of its current holdings is Coreweave (CRWV), and they recently monetized a portion of that investment. I guess, thatās just a way of saying this iteration of SuRo Capital has the upside of Coreweave to distribute.
No SSSS position currently. But, I might add it to my watchlist to monitor.
With the government shutdown, a fair amount of free time - more trading
More YMAG in taxable ac
More WU in taxable ac
Initiated NBIS in taxable ac
More BROS in Roth ac
More BWLP in Roth ac
More TGT in taxable ac
More IREN in Roth ac
More NVDY in Roth ac
More YMAG in taxable ac
[edit: Monetized more VERI]
BWLP pullback offered an opportunity to reload. Only replaced half the shares from mid-Sept exit. While I still have a lot of cash on the sidelines, funded the taxable ac with additional amount.
Had started a discussion on Nebius (NBIS) in the Q3 thread. An item that had confused me was the equity offering. Prior description had been a little confusing. The details in this SeekingAlpha post seem to do a better job.
From the above, it seems there two components, a share offering and a convertible senior notes offering. Each had additional nuances. Regarding capacity, it seems like the article is incorrect on the capacity at New Jersey. The article says 200 MW, but Nebiusā release says different
Nibbled on MRVL in taxable ac [Edit: I would have paid the extra few cents to see my order fill at $88.88 - especially during Golden Week ]
More TRMD in Roth ac
More NBIS in Roth ac
I had been thinking of adding to NEGG today. Then I noticed shares had taken off - I paused. Nope, not chasing it ā¦ not today. I saw a blurb flash about AMD - Wow! nice bounce (no position currently). And my other Data Center pick - IREN (also, a pleasant surprise) Advice to myself: Build on pull-backs, ā¦ donāt chase
10/07 Partial US Government shutdown still on-going.
Even though the market regularly has down days, some down days seem somewhat unexpected. Definitely, todayās beatdown feels unexpected. I guess, among other things, there a negative item from Oracle. However, itās beat down is less than other big tech names e.g. AMAT. QCOM had a new development - announced an acquisition. Shares taking a hit. My cursory glance likes the move.
Shipping names taking a beating. Since I took some profits on a variety of names early Sept thru Oct 1, I am not too upset. It might be a chance to selectively add back to some individual shipping names. Had already done so with BWLP in Roth ac. Ok, more BWLP in the taxable ac.
I didnāt chase NEGG yesterday. But, I got a little too excited about the NEGG pullback and jumped in a little early. Shares continue to slide. New #10 COHR swapped places with HIMS last week. Looks like they might swap places by the end of the day. CORZ again? Still thinking about it
So yesterday, I did opt to add a little more to my CORZ stake (taxable ac). I also added to my TRMD stake in Roth ac.
The downward spiral of shipping names was/is bothering me a little. Excluding the div payout, my overall BWLP stake (both taxable and Roth ac positions) meandered into the red area. The spiral is a double-edged sword. On the one hand, sliding share prices of shipping names that I do own means my overall port and my shipping basket take a hit. On the other hand, hey, an opportunity to invest in good names at a discount. Left hand, right hand - decided that my most lagging shipping name had to pay. ZIM bounced a little today, but thatās the name that got trimmed (taxable ac). With the really nice bounce from ANET, I opted to monetize some of my position (Roth ac)
And since Iām also trying to manage my cash position, tech name VERI looked appealing. Restarted VERI in Roth ac. Then, later in the day, added more VERI to existing VERI position (taxable ac).
I just recently found you had another board. Iām now beginning to understand that you are a trader. On the other hand, Iām the poster child for LTBH. Yesterday was the first time I had sold any shared of stock in some 15+ years. INTC stopped paying a dividend.
So my question to you is: of TRMD, FLNG, ZIM and BWLP - which of these would be a match for someone who wants to buy and doesnāt want to look at it for 10 years? Or is the answer ānone of the aboveā.
@JimA759s- Welcome to my board. The board has existed both here, and with the previous edition of the Motley Fool platform, probably more than a decade.
While it does not have the longest history of existing in the US markets, (BWLP only moved to the US Exchange in 2024), BW LPG (BWLP) and its prior renditions, has existed for a long time. I would say BWLP is probably the most stable shipping name of the four. Stable shipping company and behavior of the BWLP stock price are, of course, two different things. There is a recent thread about BWLP on the board. And if one digs further back, there are a couple of additional stand-alone threads on BWLP from last year. Right now, BWLP shares are being pummeled, so, IMHO, it definitely represents a good opportunity. Although I sold some of my BWLP shares in early Sept 2025, BWLP has also been the shipping company that I have transacted the most in the last five weeks.
That Guy opened his mouth and uttered the T word again! What a horrible way to end a week of a holiday weekend. However, the stock market is Open for trading on 10/13/25.
So much to decipher.
I guess in a somewhat related move, China has concerns about one of QCOMās acquisitions. That took the price down some today. In the last hour of trading added to QCOM position in my taxable ac
I was thrilled the shipping basket had turned positive on a Cap gains for each month of Q3 2025 [Edit: Only Aug and Sep, July was still -ve]. Then Oct started, and basket got battered by various āwavesā. Oct 2025 started with only one shipping name (ZIM) red. It has now been joined by FLNG, BWLP, TRMD and yesterdayās addition, SFL. [Edit: Shipping basket is still positive currently]
In hindsight, one of those āwoulda, coulda, shouldaā thoughts drifted in today. Given I had considered taking some gains in HIMS and ENTG in the last couple of days, and didnāt.
Rough day for self-managed port. Havenāt tallied everything at the close, but at one point, I was definitely at the -2% level
On the bounce, CAMT position in Roth ac was monetized
On the retreat, add to ANET in Roth ac
Food element for Columbus Day, decided to start a position in HRL
More BROS in taxable ac
More GPTY in Roth ac
It was nice to get a very decent chunk back today (10/13). I think it was about -2.3% on Friday, and got back about 1.7% today. ZIM trade was because it seem to react more positively than other shipping peers. Since it is a loss currently, do not mind washing shares in the near term.
Choppy market, majority of port started negative. Three hours later it had turned positive. By the close, it was red again. Some later moves in taxable ac
Late start to track market. Larger portion of port is up nicely on the day. Never know where the bounce is going to come from. Today, the nice bounces from VERI, AMAT & HIMS. Onto some transactions
@GDavenport- Thanks for visiting, thanks for the question.
Regarding strategy, there is a combination of factors/triggers in the strategy.
Some ideas are a combination of ācore & tradingā. So I build a core position and then add to the position. As the idea plays out, and appears to extend out too quickly, I trim the trading side. HIMS is a good example of this, BROS has also been a good example of this in recent past. I think Mungo mentioned this as a strategy once. I think others on the boards utilize the concept.
Shipping ideas are in a slightly different bucket. They fall into three categories
a. Some I like to build e.g. FLNG, INSW, FRO, TRMD b. Others are more for short term trading e.g. STNG, NAT c. Others start as a., but then this is a major disconnect from initial price and subsequent prices, and then I try and reset the basis. So I buy more with the intent to trim higher-priced shares down the road e.g. This year that has specifically been in play with BWLP in Roth ac (worked twice), TRMD in both accounts (both bad, but Roth ac not as bad as taxable ac)
Some ideas are just speculative. They might work, Sometimes they work too well e.g. NEGG. So, NEGG was so good, it pulled me back in. NEGG is more like a āShipping Type Cā. The last bite on the way up are now my most expensive shares.
Some trading is just market behavior and/or politics e.g. NU
Other trading is just due to a general feeling I have too much cash on the sideline. FOMO (Fear Of Missing Out) kicks in, and I decide to buy a new stock, or add to an idea that I think has been unfairly beat up.
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