I thought I was really sly buying these when they were down ~60% from pre-covid. I guess the right answer is "buy more," but like someone just said.. I don't want to be holding 50 shares of a bankrupt company. [Reply]
Originally Posted by Nightfyre:
No price is cheap for bankrupt companies
I took a $100 spin on the roulette wheel with Movie Pass (HMNY) after it dropped from a high of ~$5,000 to $1 or so just in case someone decided to buy them out or whatever.
I gave up a few months later when it had dropped to half of that. It's currently worthless. [Reply]
Originally Posted by lewdog:
Only airline stock I’d consider is LUV. Best financials of the bunch.
Still just considering though...
I wouldn't buy that even if you gave me the $ to do so. Right now you'd get more value out of wiping your ass with the money you would spend on an airline stock, LUV or otherwise.
LUV's chart is the epitome of a falling knife. [Reply]
Originally Posted by lewdog:
Only airline stock I’d consider is LUV. Best financials of the bunch.
Still just considering though...
Originally Posted by petegz28:
I wouldn't buy that even if you gave me the $ to do so. Right now you'd get more value out of wiping your ass with the money you would spend on an airline stock, LUV or otherwise.
LUV's chart is the epitome of a falling knife.
however, I'll throw you a bone....I do see a potential indicator that LUV might be getting close to a trading bottom. [Reply]
Originally Posted by petegz28: I wouldn't buy that even if you gave me the $ to do so. Right now you'd get more value out of wiping your ass with the money you would spend on an airline stock, LUV or otherwise.
LUV's chart is the epitome of a falling knife.
For the record, I will gladly invest in any stock if someone wants to give me the money to do so. This is a burden I'm willing to bear. [Reply]
Originally Posted by DaFace:
For the record, I will gladly invest in any stock if someone wants to give me the money to do so. This is a burden I'm willing to bear.