All things STOCKS

#3,601
#3,601
ButchPlz said:
Yeah right.

I just want like $50k to blow out mine and my wife's student loan debt and put a down payment on a house, send it on over 😉
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I have the same goals haha. If IDEX and XSPA would ever cooperate there is a chance it could happen. Might as well call me Caddy with those two bags I’m carrying.
 
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#3,602
#3,602
Fortunately I traded out of my SPXL. Unfortunately I did it at the open this morning instead of at the close yesterday. That cost me a few points, but I got out before the down draft picked up steam. My GLD and GDX held up well today. I do wonder if the advertising boycott will separate the social media names from broader tech. FB is in trouble with VZ, UN, and HSY boycotting ads, but now KO is pausing all ads on all social platforms. That will impact GOOG and TWTR as well. There might be some real opportunities in these names soon.
 
#3,609
#3,609
BigOrangeMojo said:
Except when it comes to Netflix...
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I've never said don't trade it. I've always said it's way over valued. Other than their customer list, they don't have great assets. They have good technology, but there are several players that are able to match it. They don't own much of their content (unlike Disney which owns tens of thousands of hours and many iconic characters). I doubt that I've ever said don't buy it. But I'm not going to. It's a stock that was in a good spot to be in when the pandemic forced everybody to hunker down and there have been zero sports on TV to compete with.
 
#3,610
#3,610
Thunder Good-Oil said:
I've never said don't trade it. I've always said it's way over valued. Other than their customer list, they don't have great assets. They have good technology, but there are several players that are able to match it. They don't own much of their content (unlike Disney which owns tens of thousands of hours and many iconic characters). I doubt that I've ever said don't buy it. But I'm not going to. It's a stock that was in a good spot to be in when the pandemic forced everybody to hunker down and there have been zero sports on TV to compete with.
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Just giving you a little grief. Gave you a compliment earlier and I didnt want you to get a big head.

I missed the Netflix boat as well (and Apple) since I could never wrap my head around valuation.
 
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#3,612
#3,612
mr.checkerboards said:
American and United Airlines have both announced they are removing limit restrictions on their flights.
American Airlines Ditches Social Distancing, Will Book Planes At Full Capacity
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I don't like this one bit, at least for those airlines in particular. Seems like a desperation move on their parts since both companies have questions about whether they can stay afloat if the pandemic continues on for several more months.

I have about 60k mileage points on a United Visa CC. I'd be pretty pissed if I lost that.
 
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#3,613
#3,613
Carp said:
I don't like this one bit, at least for those airlines in particular. Seems like a desperation move on their parts since both companies have questions about whether they can stay afloat if the pandemic continues on for several more months.

I have about 60k mileage points on a United Visa CC. I'd be pretty pissed if I lost that.
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Ive heard read that the smaller airports are full, but the main bigger airports are not. There are plenty of people willing to travel/fly but American and United even Delta need to drop their prices and add some non stop routes before their business will pick up again.
 
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#3,615
#3,615
Carp said:
I don't like this one bit, at least for those airlines in particular. Seems like a desperation move on their parts since both companies have questions about whether they can stay afloat if the pandemic continues on for several more months.

I have about 60k mileage points on a United Visa CC. I'd be pretty pissed if I lost that.
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In all prior airline BKs, reward programs have stayed intact. Not a guarantee for the future but something to point out. I wouldnt be shocked if you see some of the airlines dilute point values in the upcoming months..

I've noticed Hilton has diluted their values a little bit recently
 
#3,620
#3,620
I'm definitely adding tomorrow. Hoping it stays under $1.50 pre-market and I'll buy up about 150 more shares, which would drop my average to $2.40.

Also dropping $75 on LVXI for 150k shares. Sub penny stock that has been picking up momentum with a new CEO and rumors of merger. Volume has really picked up since Wed.
 
#3,621
#3,621
Orange_Vol1321 said:
Not going to lie, been doing DD on about ten companies, to choose about 4 for tomorrow. But I may have to scratch that and push all my chips in for IDEX tomorrow. I have a feeling this thing is back at $3 in no time.
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I certainly hope it is. Just be careful, IF the allegations were to be true or an investigation be announced, IDEX would truly crater this time.

I’m hoping for a good run tomorrow so I can sell 75% of my position and then get into something safer.
 
#3,622
#3,622
Tri-CitiesVol said:
I certainly hope it is. Just be careful, IF the allegations were to be true or an investigation be announced, IDEX would truly crater this time.

I’m hoping for a good run tomorrow so I can sell 75% of my position and then get into something safer.
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It was just a hit piece on them. Those two shorted it and made millions and millions.
 
#3,623
#3,623
BigOrangeMojo said:
Think BA has more issues than just the Max although I'll admit, the current price is a bit tempting
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My issue with Boeing is that they’re really right where they should be if you take the Trump presidency out of the equation. I day traded it a few weeks ago from $199 to $218, made my $3500 and split. I wouldn’t dare hold it long. Look for yourself...

350D185C-EE91-4703-98A1-72BD9FF3D8F1.jpeg
 
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#3,624
#3,624
Tri-CitiesVol said:
I certainly hope it is. Just be careful, IF the allegations were to be true or an investigation be announced, IDEX would truly crater this time.

I’m hoping for a good run tomorrow so I can sell 75% of my position and then get into something safer.
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More evidence coming out that those "whistle blowers" were straight up lying to short millions. I feel pretty comfortable with it right now.
 
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