Results 11,551 to 11,575 of 18222
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06-05-2020, 10:04 AM #11551
Dude....things have changed from 4 months ago. Things have changed from 2 weeks ago. People think differently than you and I alone. I would not go to disney anytime soon....but a lot of people will...doesn't matter if you or I think they are stupid or not. End of the day if the park fills up and people spend, Disney as a company will recover. Either you and I can fight it and claim its stupid and complain when the stock goes up or we can accept reality and position for it.
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06-05-2020, 10:10 AM #11552
There's your flaw. You ASSUME everyone is listening to Trump. No one cares what Trump says. People don't put real money on what Trump says. People do their own due diligence....yes some people blindly throw money at things, but for the most part its not blind gambling.
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06-05-2020, 10:17 AM #11553
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06-05-2020, 10:18 AM #11554
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06-05-2020, 10:20 AM #11555
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06-05-2020, 10:24 AM #11556"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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06-05-2020, 10:40 AM #11557
I know, right?
And fucking cruise lines!
Hey, would you like to buy an expensive ticket to ride in a virus incubator?
Hell yeah!
I shoulda had some balls and joined you and Bob on that one.
Speaking of Bob, was that him with BBBY? Up 60ish% in a month. Even with the class-action lawsuit.
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06-05-2020, 11:12 AM #11558
Whatever Bob buys I want in. Seriously.
I bought some CHK protective June 19 30er calls just in case the price surged and they got orphaned when my CHK short position got bought in at 13. I thought they would zero but someone just bought those calls! Can't argue with a profit no matter how irrational
WLL which is bankrupt and where the old commons get 3% equity is also surging. The old commons are valuing the new company as if oil would be at $ 120.
Meanwhile companies like WORK which would benefit from wfh got slaughtered. But WORK has different issues.
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06-05-2020, 11:16 AM #11559
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06-05-2020, 11:21 AM #11560
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06-05-2020, 11:28 AM #11561
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06-05-2020, 11:40 AM #11562
Money has to go somewhere. That money is making the market.
The 2017 > forward market was fueled by the tax package. Buybacks were the main driver of stock-market demand, which pumped the dow considerably more than any added productivity. In turn, those open-market repurchases reduced liquidity. As an aggregate, between buybacks and dividends, the S&P 500 companies paid out more than 100% of their free cash flow in 2019. Add on the debt-fueled buybacks via corp bond issuance that was already taking place, and you have a market that isn't well supported by fundamentals, thus vulnerable to correction.
A LOT of this post-correction action is irrational. Demand is still down, and the fundamentals aren't really better. It's just the brrr machine.
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06-05-2020, 11:54 AM #11563
If you think BBBY is going to go the distance, their bonds are at a decent discount as well.
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06-05-2020, 12:01 PM #11564
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06-05-2020, 12:04 PM #11565
Absolutely. Caveat Emptor.
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06-05-2020, 12:17 PM #11566
DJIA will be 40k by July 4th
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06-05-2020, 12:22 PM #11567
Sign me up then.
"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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06-05-2020, 01:07 PM #11568Registered User
- Join Date
- Jan 2005
- Location
- Denver, CO
- Posts
- 1,620
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06-05-2020, 01:10 PM #11569
George Floyd would be proud.
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06-05-2020, 01:33 PM #11570
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06-05-2020, 01:34 PM #11571Registered User
- Join Date
- Nov 2008
- Posts
- 9,924
Any body care to predict what happens to the market if Trump loses?
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06-05-2020, 02:02 PM #11572
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06-05-2020, 02:04 PM #11573
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06-05-2020, 02:34 PM #11574
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06-05-2020, 02:43 PM #11575
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