Not bad at all. Thanks for the recommendation.
nice gains, but feels like luck more than anything… on a one-year basis its pretty much break even and still underperformed on a relative basis.
Lol, yes, 1) pure luck that my two largest recommendations (JOY & ERJ) were bought by majors within 12 months and 2) has the transaction closed yet, do you know the closing price? If it doesn’t close does this mark the end of a trade that was clearly stated as a 5 year hold 1 year in? The majors (Airbus and BA) have shown their hands. My case was right, narrowbody regional is not dead, its the next step in industry growth and the E2’s begin ramping production in 2019 alongside the KC390. Surely luck. BA just randomly pulled ERJ’s name from a hat in the wake of industry consolidation, no underlying valuation involved. 
.
Not hating on the call, I actually liked the investment case :> Only talking about the recent movement since it is not really related (i guess somewhat) to the original thesis.
lol forget to switch accounts BS?
think big – guys, we’re going after the majors!
FALSE?
lucky call lol
On October 24, 2016 the stock traded at a closing price of 19.93. I see it’s currently trading at 24.4. That is an appreciation of 22%.
On January 26, 2017 I asked what was or currently is the reason the valuation was depressed. The answer was that it’s a Brazilian firm. The Brazilian index looks like it was at roughly 64,308 on October 24, 2016. It is currently 76,336. That is an appreciation of 19%.
Before our savior was elected, the S&P was trading at 2,126 in October. Now it’s at 2,683. That is an appreciation of 26%.
Verdict… BETA!
^lulz. cant argue with that! took an acqui to get it up to par.
I would expect this kind of analysis from you two rubes. Fortunately the completely subjective and arbitrary vague foreign concept of beta you’ve mentioned (sarcasm) is actually a quantitative metric that can be measured. And regression shows its ranging between 0.09 and about a third (depending on frequency and period) for ERJ, showing extremely good beta adjusted return metrics as a result. Lulz…
F*cking morons.
Also, 1 year into a 5 year holding period and this stock will either 1) be bought near $27 by BA or more likely, 2) continue to run much higher following some form of JV with BA as production ramps.
From can’t argue with that to its a joke. While I agree, I’m not the one that brought it up. FYI.
$26.25, closing in on $27 minimum and up 31% from the call on Oct 24th. I win, naysayers lose once again. My holdings have slowly been funneling from ERJ +31% and CF +30% to UAN -25%, I’m averaged in at about $4.00 on that one but you have to be comfortable with K1’s. I think UAN will be the best one yet.
Haha it’s been good call man. I think you need to take a deep breath
ERJ bros. thank you BS im up 50k
Now up 37%
breaking news on it. brazil wants to keep it nationalized. saw it on cnbc so just to share. no idea why, didnt know this co was so popular. lol https://www.investors.com/news/brazils-defense-chief-draws-the-line-here-on-boeing-embraer-deal/
Old news. Surprised this surprised the market.
btw selling this and FCX when i accepted my job im sad
-and goog & RIG & nflx… damn that sucks