Wow, really? I'd have thought the opposite. Of course, no competitive sports in developed countries also means curtailed betting. Interesting.
Stock Advice Thread
- Thread starter dgtatu01
- Start date
If I bought in, I’d sprinkle my buys across the bottom. Have they completely bottomed out right now? Maybe. They haven’t reported their business yet......which could decrease their cost a little more. But I’m more interested in what people feel about their businesses in general....
I see your logic here, with the TP shortage people will go through more underwear quicker creating a high demand for underwear. Brilliant!
Wow, look at the action this morning. If you inched back in already, congrats, while knowing there will be other opportunities to buy! Be ready for when the virus curve peaks.
Looking back at the #'s.
-Toyota went from mid $60s to $80-90s in 1 yr
-Ford went from about $1.50 to $17 in 1-2 yrs
-GM went from <$1 to >$30 in 2 yrs......but, I don't know if you can count this GM in this case.
That's not too bad there.
Yeah GM shareholders got screwed I think. Meet the new GM, same as the old GM without pension liabilities I assume.
Lol. Pretty much. My dad's gold watch says 44.7 yrs working for GM. I don't think there is a year that goes by that his pension isn't being threatened to a large degree.
But GM keeps trucking along business as usual. We have always laughed at their business model.
-"Hey, let's spend waaaaay too much money to produce 2 trucks (Sierra/Silverado) that are identical.......but we'll try to fool the public into thinking they're different."
-"Hey, it didn't work with the trucks (Sierra/Silverado).....so, let's try it with SUV's (Yukon/Tahoe)"
-"Hey, it didn't work with the SUV's, so let's try it with all kind of redundancies...."
Twinned Vehicles
Chevrolet Corvette/Cadillac XLR Buick Enclave/Chevrolet Traverse/GMC Acadia/Saturn Outlook
Chevrolet Cobalt/Pontiac G5 Chevrolet Equinox/Pontiac Torrent
Chevrolet Malibu/Saturn Aura/Pontiac G6 Chevrolet Tahoe/GMC Yukon/Cadillac Escalade/Hummer H2
Chevrolet Impala/Buick LaCrosse Chevrolet TrailBlazer/Saab 9-7x/GMC Envoy
Chevrolet Avalanche/Cadillac Escalade EXT
Chevrolet Colorado/GMC Canyon
Chevrolet Silverado/GMC Sierra
My first car was a 1972 Pontiac Ventura II which was aka the Chevy Nova. The following year, the same car was the Oldsmobile Omega and Buick Apollo as well.
Just purchased Viacom/CBS (VIAC) at 13.00. Last time I owned CBS was 2009 after Financial Crisis. It doubled a few months after purchase.
Here's hoping for another repeat.
Here's hoping for another repeat.
The next opportunity is coming. The only questions are when does NYC get its shit together, do they have company in the coming weeks and does the S&P take out the March lows???
Thinking of buying 1000 shares of Disney. Nobody can keep the mouse down. Only Caveat here is the stock price obviously won't go up until corona is gone, but down 40% on a blue chip stock lowest price in 2-3 years is tempting me bc it'll pop up to at least 120 a year out of this mess.
I bought some Dis a few wks ago. I think it’s a solid buy. Disney+ is just getting started.
Generated more downloads than Netflix this last month. Disney+ is just a bonus. Probably going to wait for Disney to dip below 90 again and pull the trigger.
Posted here when RDS.B got crushed. Bought a bunch more from 25 down to 20. Back over 36 already and still dirt cheap. Shell is an Oil Supermajor, but only 21% of their yearly income is tied to higher oil prices. A person could buy today and lock in a 10% Yield on their money. They pay out $ 3.76 a year in dividends and the dividend hasn't been cut since 1945. Pension funds in The Netherlands depend on that dividend and Shell says it's "sacred".
$ 3.76 dividend divided by 36 stock price = 10.4%.
Never sell Shell. No brainer.
$ 3.76 dividend divided by 36 stock price = 10.4%.
Never sell Shell. No brainer.
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Nice subtle flex there. Oh, I'm just going to casually buy $90k worth of Disney stock.
![[laughing]](http://l.yimg.com/j/assets/img/emoticons/classic/laugh.r191677.gif "Laughing [laughing]")
Ha wasn't even trying too. It'd be my biggest holding in any single stock. Disney is just such a huge company with such diverse entertainment structure, not to mention they own everything. I know ppl who will drop 20k on a Disney cruise. Pretty much every American family goes to Disney at least once, its like the Mecca of American Family travel. Pixar is worth its weight in gold.Nice subtle flex there. Oh, I'm just going to casually buy $90k worth of Disney stock.
Now if we go into a recession/depression then Disney could be a tough hold. Either way 40% down on Disney looks like a good bet, and I don't Disney going out of business but I've been wrong before. I'm thinking of this move as a long term hold, but if spikes anywhere near 150 within the next year I'd sell in heartbeat. Still haven't bought yet though. Will lyk if I do.
Added to DIS at $84 last week. I want more lower than where it is today and I think I could get it. But I don't get everything I want either.
Started a small position in VZ yesterday and hoping for more below $50.
Started a small position in VZ yesterday and hoping for more below $50.
Head of the IMF said that the consequences of this year's Pandemic will be "much worse" than those of the Global Financial Crisis. Pretty scary, if true. I think it will be bad for certain businesses, but the banks are healthy this time and I can't imagine it being worse "across the board".
A
anon_l8pbkn96tg3j6
Guest
I've been nibbling.
Upped my 401k contribution to 50% for this check. (my last for a while)
Trying to hold off buying too much because I think we have more pain coming. 1st and 2nd quarter results and forecasts will drive most things lower. Maybe 10-15%. Just a guess.
Upped my 401k contribution to 50% for this check. (my last for a while)
Trying to hold off buying too much because I think we have more pain coming. 1st and 2nd quarter results and forecasts will drive most things lower. Maybe 10-15%. Just a guess.
I tend to agree for the most part, but I go back and forth. Part of me thinks that the expectation for rougher times ahead is already baked into the market, but who knows.
I do think that the recent modeling showing lower death projections in the US is helping the markets this week though. Whether that will last is anyone's guess.
Personally, I'm still holding out on taking all of the cash I have set aside into the market. Like you said, I'm nibbling here and there...
Big risk reversal today after the reversal yesterday. The VIX is getting crushed as expected.
I"m waiting for a dip to buy Home Depot. What I'm observing anecdotally is people are bottled up in their homes with nothing to do, except all those home upgrade and garden projects they have been putting off. Home Depot, Lowes, Ace parking lots are full, lines waiting to get in.
Saudi Arabia buying shares of Shell Oil. I tried to give you this layup !
Reports on Bloomberg, etc. Saudi Arabia sovereign wealth fund takes states in four European companies.
Reports on Bloomberg, etc. Saudi Arabia sovereign wealth fund takes states in four European companies.
I wonder this, too. I feel like the second this virus becomes a bit more under control, buyers will dive back in. The Stock market will precede the economy coming back, and everyone is just waiting for that sign, that gunshot to go off signaling buy buy buy.
I've been tracking NYS closely with the virus, and we're looking pretty solid. Deaths will likely peak this weekend.. and many other states will probably be not far behind us. Not sure there will be many more days of lowness. Is now the time to get back in?
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I would just say that it's better to buy incrementally or dollar cost average than try to time the market.
I think that's my plan. Ive been very fortunate enough to have zero setbacks from COVID, and actually im saving money (bar tabs were by far my biggest expense).. so im ranping up my 401k snd roth contributions.. if it drops, it drops.. oh well.
Looks like my prediction may not pan out but I've nibbled enough to get a few deals.
Little brag here but my 90 day return is just about even.
I can still dollar cost average on a few purchases made before the tumult...
Little brag here but my 90 day return is just about even.
I can still dollar cost average on a few purchases made before the tumult...
It seems like the market wants to climb regardless of the news. Maybe that will change next week.
Down about 6% for the 1st Qtr, then realized that was very good compared to the major indexes. MSFT has held up well for me, have dumped a few former high fliers like ZM & SPCE. Others currently doing well are CHE, FCN, VRTX, ATVI & EA, can’t find new buys I desire currently, will look at 3 mentioned here as I caught up with my reading. Stay healthy.
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AAPL and ABBV are doing very well since i bought them in mid/late March. Picked up AAPL at $ 240 and ABBV at $ 67.00. Also picked up DIN at $30.75 last week.
I'm saving up cash. With companies looking to release earnings at the end of the month, I would expect a dip. I am always looking to improve my AAPL and/or MSFT position.
Futures up big, country re-opening, shorts and bottom feeders not happy.
