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03-26-2020, 08:22 AM | #4276 |
"You like to drink?"
Join Date: Jun 2006
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Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
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03-26-2020, 08:26 AM | #4277 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
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IBIO has more or less stabilized in the 1-1.2 range.
I think it's time to buy back in and wait for the big jump.
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03-26-2020, 08:35 AM | #4278 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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03-26-2020, 08:40 AM | #4279 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
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They are developing a vaccine and when someone gets it, they will be manufacturing.
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03-26-2020, 08:54 AM | #4280 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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It was expected. As cities and states have gone into lockdown lots will be laid off. I think food and hospitality is 15 million workers. A huge chunk of that will be laid off. You don't need waiters if you can't seat anyone for possibly the next month or two.
Hopefully it works and this shit goes away and doesnt come back for a 2nd wave. |
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03-26-2020, 09:06 AM | #4281 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Hopefully those jobs are still there at the end. |
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03-26-2020, 09:12 AM | #4282 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
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IBIO'D UP AT 1.14
LET'S RIDE
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03-26-2020, 09:51 AM | #4283 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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03-26-2020, 09:56 AM | #4284 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
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I made money last time!!!
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03-26-2020, 10:44 AM | #4285 |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $2250
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03-26-2020, 01:56 PM | #4286 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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My Casper stocks are slaying.
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03-26-2020, 02:32 PM | #4287 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1326869
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2008 recession blasted construction, manufacturing and financial / professional sectors employment.
I think an economic depression would mean construction falls off a cliff, if you're bearish then short homebuilders but probably not Lowe's / Home Depot types. Big Finance I could imagine will have layoffs which will ultimately improve their bottom line as IB was already purging entry / early tenured professionals. I think working from home will expose IB and big corp management to the idea that their headcounts are inflated.
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03-26-2020, 08:25 PM | #4288 |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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I like having Green days in my account. I hope it keeps rolling.
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03-27-2020, 07:58 AM | #4289 |
Veteran
Join Date: Feb 2012
Location: DE
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03-27-2020, 08:09 AM | #4290 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1326869
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Not that I think anyone will be buying houses who aren't already in the position where they are immune from the depression, but it's looking likely mortgage rates will go up as lenders raise minimum FICO scores and thus will need higher yields to meet the bottom line.
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