Printable View
Warren Buffett and billionaire class salivating right now. They are probably busy buying buying and buying everything, shopping through the stock market. Stocks have nowhere to go but up within a couple months. The rich will come out much richer. Poor and middle class is freaking out wondering if they will have a job tomorrow or income to keep their house or kids fed.
Massive bailouts on the horizon for the companies
Airline stocks are dirt cheap right now. As are many other things.
[QUOTE=rawimpact;13949774]Who knows, it always comes down to risk management. Look where Boeing was trading before the collapse in 08, nowhere near what it was before this mess despite the 737 max issues. When investing in Boeing, you will have to understand that it's going to be a while for a return, but I will guarantee you will get a return on it. BA also pays dividends that generally offsets any inflation.[/QUOTE]
A mere 24hrs later and that 120 is down to $90.
Wow.
[QUOTE=JohnnySic;13950282]Airline stocks are dirt cheap right now. As are many other things.[/QUOTE]
You don't know how low they will get. I see Boeing is $90.. Wow, I didn't think it would get under $100 in an military industrial complex society we live in and plane-heavy world
[QUOTE=bladefd;13950083]I bet it gets into the 150s once market opens in a few hours[/QUOTE]
Home depot down to 142 :eek:
Airlines ba$tards came begging again for grants and low-interest loans from the government after the bastards spent their tax cut savings on stock buybacks to prop up their earnings last couple years rather than saving some of the money for a rainy day.. A$$holes know they will get what they want most likely..
the cycle is amazing.
everytime shit tanks... the rich just buy it when its at the ultimate low and profit enormously.
while everybody else doesnt know how their getting food or paying rent.
Ill tell ya... were in for MASSIVE increased regulation on the stock market vultures. And big time sochulizm.
With Bernie losing the top 1% are jizzing their pants and buying everything back to celebrate.
Shit. I might get in some myself
[QUOTE=Draz;13950453]With Bernie losing the top 1% are jizzing their pants and buying everything back to celebrate.
Shit. I might get in some myself[/QUOTE]
I could be wrong but I'm farily certain the market hasn't bottomed out yet. It won't bottom out until some time shortly after we have hit the peak of active coronavirus cases nationally.
This could be a completely life altering event for the United States. Not in the sense that the coronavirus is that important... but in the sense that we have lived beyond our means for a very long time and the bubble of everything might just have finally burst.
The federal reserve is trying like hell, but eventually their manipulation no longer works.
What happens if there is a bailout? Wouldn't the government essentially own a piece of these airline companies/Boeing/etc and therefore the stocks bomb? I don't quite understand how that would be helpful to their shareholders. And it's not even small numbers - $60 BILLION to Boeing alone.. BILLION.. Won't Boeing stock tank??
Are you going to point fingers every day the stock drops and cry when you lose a 20-30 dollars per share or are you actually going to wait a day too long before a bailout and/or pharmacological change that causes a jump and admit to yourself you waited too long? Highwhey, instead of being a tool, read what I said. It's not going to be fast money, most stock trading does not work that way. If you want to make money, buy now sell later (and i mentioned long term in that post). The market is obviously volatile right now, sure there are better times to buy, but i'd rather get in on this profit train even if it means i'm five or six carts from the front.
Bladefd depends... it can go both ways. Most companies were given subsidized loans whereas I was recently learned GM had their shares purchased effectively doing the same thing but now with the government as a major part-owner.
Do you people really think Boeing is going anywhere? They US government NEEDS them... stock at this price or at 120 like I said to purchase is a no-brainer. Feel free to bump this post a year from now because we both know boeing wont be as low as it is now.
As mentioned before, they also pay dividends to offset inflation...
[QUOTE=John Connor;13950459]I could be wrong but I'm farily certain the market hasn't bottomed out yet. It won't bottom out until some time shortly after we have hit the peak of active coronavirus cases nationally.
This could be a completely life altering event for the United States. Not in the sense that the coronavirus is that important... but in the sense that we have lived beyond our means for a very long time and the bubble of everything might just have finally burst.
The federal reserve is trying like hell, but eventually their manipulation no longer works.[/QUOTE]
Definitely agree with this. The whole low interest rates and QE was supposed to be emergency measures. Problem is the Fed never took their foot off the gas when the economy got better, which would have provided at least a cushion for when it was really needed again (I don't agree with stimulus but that was the thought at the time). But for political purposes and optics, rates were held low for longer than a decade and now there is no ammunition to try and counteract a real crisis. Honestly, the whole thing needs to fall apart and this country needs to take its losses. It's the only way to set things on the right path albeit with a lot of pain. Keep kicking the can down the road and we may be on the way to experience another lost decade like we just experienced.
[QUOTE=rawimpact;13950882]Are you going to point fingers every day the stock drops and cry when you lose a 20-30 dollars per share or are you actually going to wait a day too long before a bailout and/or pharmacological change that causes a jump and admit to yourself you waited too long? Highwhey, instead of being a tool, read what I said. It's not going to be fast money, most stock trading does not work that way. If you want to make money, buy now sell later (and i mentioned long term in that post). The market is obviously volatile right now, sure there are better times to buy, but i'd rather get in on this profit train even if it means i'm five or six carts from the front.
Bladefd depends... it can go both ways. Most companies were given subsidized loans whereas I was recently learned GM had their shares purchased effectively doing the same thing but now with the government as a major part-owner.
Do you people really think Boeing is going anywhere? They US government NEEDS them... stock at this price or at 120 like I said to purchase is a no-brainer. Feel free to bump this post a year from now because we both know boeing wont be as low as it is now.
As mentioned before, they also pay dividends to offset inflation...[/QUOTE]
You could've said the same about Bear and Lehman's. Granted Boeing is more important to its industry than they were but they were still giants. You might argue that they collapsed not because of external turmoil but because of internal failures but Boeing has had not the same level of internal issues but still had issues for the last year or so. Another point: Airbus still exists.
You're probably right (and I do think Boeing is a great buy soon but probably not yet) but this uncertainty is reflected in the stock price.
[QUOTE=tpols;13950299]the cycle is amazing.
everytime shit tanks... the rich just buy it when its at the ultimate low and profit enormously.
while everybody else doesnt know how their getting food or paying rent.
Ill tell ya... were in for MASSIVE increased regulation on the stock market vultures. And big time sochulizm.[/QUOTE]
A great many people who aren’t what you would call rich know to get in at the bottom. It’s not exactly high level shit.
[QUOTE=Kblaze8855;13951507]A great many people who aren’t what you would call rich know to get in at the bottom. It’s not exactly high level shit.[/QUOTE]
Except that we can't really call bottoms. We aren't all privy to Senate Intelligence hearings.