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#3,951
#3,951
I don't think a Dem presidency affects things quite as much as you guys think. Biden is another old white guy that is more focused on stability and restoring what Trump has destroyed rather than shaking things up immensely. Also, the GOP is likely to still remain in control in the Senate for the forseeable future, which makes any radical changes unlikely.

Now if by some chance Biden dies or becomes unfit.... then that becomes a problem, since his running mate is likely to be someone like Kamala Harris or Tulsi Gabbard, and they absolutely would shift course to a much more liberal agenda.
 
#3,952
#3,952
BigOrangeMojo said:
It's a red state HQ'ed company that has levered the hell out of its balance sheet with stock buybacks. I don't see how this company survives Y1 of a Biden presidency.
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I personally believe the “polls” and reports are completely wrong when it comes to Biden/Trump. This is going to be worse than Hillary. Trump is going to win in a landslide. Bank on it.
 
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#3,953
#3,953
VolAllen said:
“American Airlines files for bankruptcy” is a headline Dems want to see. You can believe they’d be the first and possibly only one to go. It would bring down the sector, but with good PR, they could recover quickly. AAL just doesn’t have the juice to make it through this.
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All of the airlines should have to get their own cash. They must Increase either liabilities (loans, bonds) or increase capital (stock). I Since they have been poorly managed and under capitalized so be it. There will be buyers for their assets and the American taxpayer will not have to foot the bill.
Businesses come and go. I.e. Hertz. Poor financial decisions,
 
#3,954
#3,954
Carp said:
I don't think a Dem presidency affects things quite as much as you guys think. Biden is another old white guy that is more focused on stability and restoring what Trump has destroyed rather than shaking things up immensely. Also, the GOP is likely to still remain in control in the Senate for the forseeable future, which makes any radical changes unlikely.

Now if by some chance Biden dies or becomes unfit.... then that becomes a problem, since his running mate is likely to be someone like Kamala Harris or Tulsi Gabbard, and they absolutely would shift course to a much more liberal agenda.
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Biden is further left than Obama and I wouldnt be surprised to see a 50/50 Senate or 51D/49R Senate. If that situation sets up, that wont be good for markets. Right now, Trump is toxic and without a boost, I think that impacts the down the ticket races.

@VolAllen - I do think the polls are undervaluing Trump but sheesh, it doesnt look good. Without a vaccine or huge economic turnaround in the next 3-4 months, Trump doesnt have a chance.
 
#3,955
#3,955
BigOrangeMojo said:
Biden is further left than Obama and I wouldnt be surprised to see a 50/50 Senate or 51D/49R Senate. If that situation sets up, that wont be good for markets. Right now, Trump is toxic and without a boost, I think that impacts the down the ticket races.

@VolAllen - I do think the polls are undervaluing Trump but sheesh, it doesnt look good. Without a vaccine or huge economic turnaround in the next 3-4 months, Trump doesnt have a chance.
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If you really think about it, nothing has changed for Trump in comparison to 2016. He’s still got his same supporters. He hasn’t started a war. There’s been basically no terrorism (other than the riots). He actually may have a more passionate base now due to recent events. The base is just quiet, that’s all. You’ll probably see a 10-15% increase in voters. Also, IF Kanye West runs, just know that’s its to Trumps aid. He just said 2 weeks ago that he was going to vote for the first time and he was voting for Trump. He’s literally going to try to split the black vote and bust Biden’s chances even more. That’s all it’s about.
 
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#3,957
#3,957
Thunder Good-Oil said:
IBKR is a little pricey. But I'm considering moving my margin account over there.

Insurance companies seem to be able to print money. I've never owned one directly. Citi has been the closest.
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Same here. I've been watching MET for a little bit now. Typically, when stocks are trading at a discount, I want to understand why. For example, its easy to understand why travel stocks are 50% off their Feb highs. I struggled to understand the rationale behind MET. I expected it to be off Feb highs but not by the amount it was.
 
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#3,958
#3,958
HOFV is ridiculously cheap right now sitting right about $7. I wouldn’t be surprised at all for it to be $25 end of year. I keep adding to it every day while it’s this low.
 
#3,959
#3,959
lmoore944 said:
HOFV is ridiculously cheap right now sitting right about $7. I wouldn’t be surprised at all for it to be $25 end of year. I keep adding to it every day while it’s this low.
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To play Devil's advocate, what makes this stock such a buy that it will increase by 400% in the next 5 months?
 
#3,964
#3,964
lmoore944 said:
I was early on, but then they released more shares diluting the price. It looks like a pretty attractive price right now though IMO.
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Draftkings looked good when I got in at $19 at the initial offering and once these sports come back, its gonna blow up.
 
#3,966
#3,966
lmoore944 said:
NFL, fantasy football, Las Vegas. You want to bet against any of those three?
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Only concern is that to get to their lofty goals, they have to make Canton a travel destination.

I don't have an opinion on the stock - I have no idea if it's worth $40 or $4.
 
#3,969
#3,969
I was speaking to someone on another chat board about day trading and I am starting to get how some of these influencers are going to crush the RH traders. It is not by the amount of money someone made in March and April as that was a crazy anomaly that is tough to replicate. It is by shorting stocks and then flooding message boards with positive DD. If someone like myself does a little research but also reads a post with overwhelming DD (GNUS, GSAT, XSPA, IDEX), then i am suckered into purchasing the stock and then if I think it is a long term play, guess what? The major people who short the hell out of it, win over and over again. @VolAllen is right when he puts forth larger companies like SAVE, RUTH, and LUV becaise to short then enough to swing momentum would not only be bad for Southwest and their employees, but for anyone who is invested in the long term.

This is why I think i will stay away from all of these pennystocks, since it has given and taketh away in the same day
 
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#3,971
#3,971
LIvol said:
I was speaking to someone on another chat board about day trading and I am starting to get how some of these influencers are going to crush the RH traders. It is not by the amount of money someone made in March and April as that was a crazy anomaly that is tough to replicate. It is by shorting stocks and then flooding message boards with positive DD. If someone like myself does a little research but also reads a post with overwhelming DD (GNUS, GSAT, XSPA, IDEX), then i am suckered into purchasing the stock and then if I think it is a long term play, guess what? The major people who short the hell out of it, win over and over again. @VolAllen is right when he puts forth larger companies like SAVE, RUTH, and LUV becaise to short then enough to swing momentum would not only be bad for Southwest and their employees, but for anyone who is invested in the long term.

This is why I think i will stay away from all of these pennystocks, since it has given and taketh away in the same day
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I learned my lesson on penny’s when I lost about $5k on SLS last year. You might as well throw your money on the roulette table, because the CEO’s of all those small companies are crooks. Someone is guaranteed to get lucky playing them, but most will lose money due to poor timing on the trade, being greedy and not selling soon enough, or holding long thinking they’re investing in an actual company when it’s really just a pump and dump dilution machine.

All of my best gains have come from actual companies like Party City, Tesla, Go Pro, Carnival, Spirit, Ruth, MFA, Uber, etc...

The advantage of swinging these is they WILL go back up. If you throw $25k in SAVE and it goes down 20%, you just have to have the stomach for the dips and the patience of “long”. On the other side of that, if you wake up one morning UP 20%, sell and wait for a dip to buy back. Hard to lose playing like this. People just want to get rich quick, rather than a slow and steady smart.

Some of these tickers I see thrown around in here have office space with smaller sq footage than my house. I’m not giving them my money lol. Some will get lucky, most wont.
 
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#3,972
#3,972
Keep an eye on SAVE. It has bounced off $16 three times in the last month. A rally to $20 could happen if $16 holds.
 
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#3,974
#3,974
BigOrangeMojo said:
Biden is further left than Obama and I wouldnt be surprised to see a 50/50 Senate or 51D/49R Senate. If that situation sets up, that wont be good for markets. Right now, Trump is toxic and without a boost, I think that impacts the down the ticket races.

@VolAllen - I do think the polls are undervaluing Trump but sheesh, it doesnt look good. Without a vaccine or huge economic turnaround in the next 3-4 months, Trump doesnt have a chance.
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I disagree. There's so many more going to vote for him this time than last time.
 
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