{"id":180,"date":"2013-07-18T10:04:51","date_gmt":"2013-07-18T14:04:51","guid":{"rendered":"https:\/\/envisionco.net\/?p=180"},"modified":"2013-07-18T10:06:36","modified_gmt":"2013-07-18T14:06:36","slug":"closing-out-cat","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=180","title":{"rendered":"Closing out long positions in CAT"},"content":{"rendered":"<p>We are closing out our long positions in CAT at about $86. We had mentioned CAT as a good long term investment at about $87 on May 5 and we still believe that. But with the China slowdown the stock maybe susceptible to a near to intermediate term decline. Famed short-seller Jim Chanos mentioned as much at the Delivering Alpha conference yesterday. We had a buy\/write position, a long position (in a longer term account) and a short position (in a short term trading account). We are closing out the first two positions and holding the short for the time being.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are closing out our long positions in CAT at about $86. We had mentioned CAT as a good long term investment at about $87 on May 5 and we still believe that. But with the China slowdown the stock &hellip; <a href=\"https:\/\/envisionco.net\/?p=180\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-180","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=180"}],"version-history":[{"count":4,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/180\/revisions"}],"predecessor-version":[{"id":183,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/180\/revisions\/183"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}