Originally Posted by philfree:
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. [Reply]
Originally Posted by BigBeauford:
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. :-) [Reply]
Originally Posted by Shoes:
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. [Reply]
Originally Posted by BigBeauford:
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? [Reply]
Originally Posted by Rain Man: 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. [Reply]
Originally Posted by eDave:
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 [Reply]
