Lone Wolf Trader

Equities Trader ➡️ Corporate Lawyer

[Lone Wolf Trader @LoneWolfTrader_]

@itsAntWright It does when you see the dollar amounts behind the deal and lump sum total, along with all the extra influence they’re being offered at the Conference level in exchange for signing on

[Lone Wolf Trader @LoneWolfTrader_]

@TheOneLanceB Bc clear break in trend (range between blue lines) at these two points.

[Lone Wolf Trader @LoneWolfTrader_]

@Pat_Stedman Good luck to you Pat. Chin up and rooting for you and your family.

[Lone Wolf Trader @LoneWolfTrader_]

@Swordfishv44183 These sales are part of a Rule 10b5-1 trading plan. There’s no discretion involved at this point, he entered into the plan in November 2022.

[Lone Wolf Trader @LoneWolfTrader_]

@BobSheranko Rip a liquid IV in the morning - not the whole packet, just 1/4 or 1/3. Works wonders.

[Lone Wolf Trader @LoneWolfTrader_]

@BP_Rising You have to consider the increase in money supply over that time too. Basically proportionate to the market. More money floating around means more money in the market. Nothing’s impossible, but I don’t that significant a downturn is likely.

[Lone Wolf Trader @LoneWolfTrader_]

@TheOneLanceB @MikeBellafiore Improve your understanding of risk/reward profiles, and then increase your size in the highest risk/reward opps.

[Lone Wolf Trader @LoneWolfTrader_]

@RevShark I agree, and especially true for those interested in transactional practice. Law school being taught entirely through the lense of case law works for litigators, but doesn’t help with any kind of transactional practice.

[Lone Wolf Trader @LoneWolfTrader_]

@shawngorham Pays all biz expenses with cash.

[Lone Wolf Trader @LoneWolfTrader_]

@pabzay @loggyrhythm They have always previously and in my opinion will continue to pay off debt early. They’re not going to pay 6% interest for 4 years. Go look at their debt repayment history.

[Lone Wolf Trader @LoneWolfTrader_]

@pabzay @loggyrhythm To get this straight - you’re worried about Micron’s ability to repay $4B in debt over the next 4 years?

[Lone Wolf Trader @LoneWolfTrader_]

@pabzay @loggyrhythm Not to mention, you’re ignoring the ~$9.5 billion in cash and equivalents the company has on its books.

[Lone Wolf Trader @LoneWolfTrader_]

@pabzay @loggyrhythm My brother, you should read the terms of the actual bonds. I don’t know where you’re getting this magical 5% interest rate that applies universally to all of the company’s debt, but I can assure you you’re wrong on this one.

[Lone Wolf Trader @LoneWolfTrader_]

@pabzay @loggyrhythm Majority of that debt isn’t due for 5+ years. 🤣

[Lone Wolf Trader @LoneWolfTrader_]

@pabzay @loggyrhythm Yes, this is standard procedure with cyclical businesses in a down cycle. From a corporate governance perspective, it indicates honest management and conservative accounting. $MU has a healthy enough balance sheet to survive even a 5+ year downturn.

[Lone Wolf Trader @LoneWolfTrader_]

@LiebermanAustin While I agree - not good, the headline numbers seem more alarming than they actually are. Inventory write downs are largely responsible for the EPS miss (they account for -$1.34 EPS). Write downs were, imo, to be expected.

[Lone Wolf Trader @LoneWolfTrader_]

Buffett with another sizable buy on Occidental Petroleum. That’s a total of ~17.4 million shares at a cost of ~$1.04 billion in just the last 24 days.

https://t.co/NdcgaHFAMS

$OXY $BRKA $BRKB

[Lone Wolf Trader @LoneWolfTrader_]

@UMFanAugdahl Dude you need to have sex

[Lone Wolf Trader @LoneWolfTrader_]

@RevShark Maybe for the year - but I wouldn’t be surprised if we chop around for the next 8-10 months before making a final leg lower in 2024.