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Old 06-27-2016, 11:23 AM  
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Investing megathread extravaganza
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Old 04-04-2020, 06:56 PM   #4366
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Thanks for the suggestions.

Made long term buy for 3M and Wells Fargo on Friday.
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Old 04-04-2020, 09:15 PM   #4367
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I like how you put this. If I've got a 20-year time horizon, do I think that Disney will be fully recovered in 20 years? Do I think any of these companies will be fully recovered? My hunch is yes.
The company work for is very conservative and our President is even more so. He is very confident that by December-February we will have a vaccine ready to go . We will have tens of millions ready by the time it’s approved and a billion or more by the end of next year .

My take is the market bounces back had if this happens and I think by 2022 things are better than even and completely bounced back and then some . I think 2021 will have huge gains as the vaccine is announced and by the end of the year when most people have had their shot the economy will
Be stronger than ever.
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Old 04-06-2020, 08:46 AM   #4368
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“This will be the worst week. A very painful week is coming.”

Dow up 1,100. Okay I’m confused. Did not think there would be any green this week
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Old 04-06-2020, 08:51 AM   #4369
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“This will be the worst week. A very painful week is coming.”

Dow up 1,100. Okay I’m confused. Did not think there would be any green this week
Markets are not rational.
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Old 04-06-2020, 08:53 AM   #4370
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Still waiting on my goddamn hand sanitizer and green truck money, Strongside. GIMME!!!
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Old 04-06-2020, 09:14 AM   #4371
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“This will be the worst week. A very painful week is coming.”

Dow up 1,100. Okay I’m confused. Did not think there would be any green this week
The market is based around the future.

Even if you're expecting a slow rebound, people obviously expect things to get better after the peak. Moving the peak from a few months from now to a week from now should indeed cause the market to go up as we've magically eliminated months of punishment from the equation.
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Old 04-06-2020, 09:26 AM   #4372
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The market is based around the future.

Even if you're expecting a slow rebound, people obviously expect things to get better after the peak. Moving the peak from a few months from now to a week from now should indeed cause the market to go up as we've magically eliminated months of punishment from the equation.
Or there is a deliberate effort to distort market values in an upward direction.
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Old 04-06-2020, 09:56 AM   #4373
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Saudi took a decent stake in Carnival Cruise Lines..
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Old 04-06-2020, 10:03 AM   #4374
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Saudi took a decent stake in Carnival Cruise Lines..
Let them

All those cruise lines pay taxes elsewhere anyway
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Old 04-06-2020, 10:18 AM   #4375
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Carnival is the biggest cruise line in the world and turns large profit so they likely see it as a buy low, turn profit investment.
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Old 04-06-2020, 10:24 AM   #4376
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Right but cruise lines might be an industry that might not be the same ever again after this deal. I don’t think I believe that. I also don’t think I’d bet on it.

But that’s probably an indicator of it not being the end of the world.
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Old 04-06-2020, 10:27 AM   #4377
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Right but cruise lines might be an industry that might not be the same ever again after this deal. I don’t think I believe that. I also don’t think I’d bet on it.

But that’s probably an indicator of it not being the end of the world.
I've been on 3 Carnival ships and I have really no complaints personally but I know some don't like them.
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Old 04-06-2020, 10:46 AM   #4378
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I've been on 3 Carnival ships and I have really no complaints personally but I know some don't like them.
I’ve been on 1 and thought it was great. But the idea of being quarantined on one is horrifying.
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Old 04-06-2020, 02:57 PM   #4379
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I had a nice day have 1000 shares of carnival at 8.90, 1400 of Norwegian at 8.54 and 200 Royal Carr at 27.41 per share . I’m highly leveraged in my fun account in cruise lines . I think they are so low it’s silly not to buy unless you think they will all go out of business . Heck even if one goes out of business I should still be fine . I’m betting on a vaccine in 5-8 months and the cruise lines to be back to business in 13-16 months full force . At least that’s my hope
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Old 04-09-2020, 08:14 AM   #4380
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140 any day now, discuss, you ****ing mope
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