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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 03-12-2020, 09:34 AM   #4021
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Yeah I was a day early. After the flights were stopped from Europe and the NBA made their announcement I new I was going to take a beating today. So I'm sitting here thinking that maybe I should add to those holdings. Buy baby buy?
The market is making zero sense right now. Everyone is in a panic. Most stocks are hitting 52-week lows if they are not already there. Lots of bargains. I would say buy- but who knows what kind of news will come out today with some virus scare tactics. It is pretty ridiculous. That is all the news is talking about.

People are hoarding toilet paper now. I think I will buy some toilet paper stock- if it becomes worthless I can at least wipe my ass with the certificates.
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Old 03-12-2020, 10:04 AM   #4022
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Tesla is getting super tempting if it keeps flirting with 500. Sounds like at it's current process it is super under valued.
If they get it below $500, I'm in.

Ford is about to give me a chance to bring my average down .50.
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Old 03-12-2020, 10:38 AM   #4023
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I'm going to tell my wife this is like Kohl's cash....
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Old 03-12-2020, 12:47 PM   #4024
Shoes Shoes is offline
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How do individuals smarter than myself feel about Delta or Boeing shares during this time of panic?
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Old 03-12-2020, 01:01 PM   #4025
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How do individuals smarter than myself feel about Delta or Boeing shares during this time of panic?
Seems like a good value unless the company goes bankrupt. Hasn't Delta done this already and doesnt it wipe out the shareholders?
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Old 03-12-2020, 01:11 PM   #4026
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How do individuals smarter than myself feel about Delta or Boeing shares during this time of panic?
My thinking is that Boeing is "too big to fail". The feds want Boeing to survive. Delta is replaceable. But I'm clearly an idiot on stock picks in 2020, so maybe you should do the opposite of whatever I recommend.

I just bought a little ZM. I figure it'll do fine in the short term, and maybe this will get people more in the habit of video conferencing in the long term.
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Old 03-12-2020, 01:15 PM   #4027
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Seems like a good value unless the company goes bankrupt. Hasn't Delta done this already and doesnt it wipe out the shareholders?
If the company goes bankrupt then yes I believe that is a game-over scenario share wise.

I'm looking at Delta or United share prices and it seems like an opportune time to invest, I don't think those companies will go bankrupt. At least if you believe that the corona-virus is a temporary blimp in the radar- how long do you think the virus would effect domestic and international travel?

Boeing is obviously a different animal, having two significant "black-swans" with the manufacturing issues of their new jets and now the corona-virus. Is boeing too big to fail?
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Old 03-12-2020, 01:16 PM   #4028
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Originally Posted by Rain Man View Post
My thinking is that Boeing is "too big to fail". The feds want Boeing to survive. Delta is replaceable. But I'm clearly an idiot on stock picks in 2020, so maybe you should do the opposite of whatever I recommend.

I just bought a little ZM. I figure it'll do fine in the short term, and maybe this will get people more in the habit of video conferencing in the long term.
Answered my question before I even asked- Rain Man you never cease to amaze me.
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Old 03-12-2020, 01:26 PM   #4029
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Worst day for the Dow since the 1987 crash.

Jesus
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Old 03-12-2020, 01:59 PM   #4030
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Worst day for the Dow since the 1987 crash.

Jesus
Looking like the 4th worst percentage loss ever.
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Old 03-12-2020, 02:02 PM   #4031
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Looking like the 4th worst percentage loss ever.
10%
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Old 03-12-2020, 02:16 PM   #4032
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Old 03-12-2020, 02:56 PM   #4033
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BTC is sub 6K now. The number I was hoping for for a long time.
I've wondered about that.. You'd think something would be doing well. Yesterday - gold, treasuries, crypto, and stocks were all down.
Today - treasuries were up a smidge all the others down big

People are just taking there money and running lol

I suppose some of it could be treasuries being bottomed out and deflation fears for gold. Maybe, doesn't really explain crypto. That stuff was supposed to be "safe" from Economic and fiat money problems, haha
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Old 03-12-2020, 02:57 PM   #4034
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How palatable is a Boeing bailout going to be to the general public in 2021?
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Old 03-12-2020, 03:01 PM   #4035
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How palatable is a Boeing bailout going to be to the general public in 2021?

Half the country will be for it, half will be against it, and which is which will be determined by if their guy is the one in the White House.
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