Are techs still the best bet
Or is their a hidden gem that’s been way over sold
Or is their a hidden gem that’s been way over sold
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Obviously a big paper company, like Kimberly-Scott or a company that makes hand sanitizers.
Thanks for the tip!Obviously a big paper company, like Kimberly-Scott or a company that makes hand sanitizers.
Paper companies may get a bounce on speculation, but the reality is their sales aren’t going to increase much at all. The sales for toilet paper e.g. are just getting pushed forward, and all that TP being hoarded in American garages is going to have to be used before those people buy more. It’s not like the coronavirus gives you diarrhea.
Cruise line stocks are dirt cheap about now. I'm thinking of loading up on a few grands worth.Are techs still the best bet
Or is their a hidden gem that’s been way over sold
Same stock up over 25% in after hours.Forced selling and short scare news have caused some secure companies par $25 preferreds down below$10 and even $ 5. The best buys are the ones soon to call or notified intent to call.
Example: company offers new series of preferred taking advantage of lower rates in order to pay off higher rate notes debt. Those preferred sell out but now can be bought back or the higher debt at fractions while still paying off debt through the warned mandatory call + more certain the voluntary call of the other higher preferred series as intended. Naysayers forget to tell you these plunges help companies restructure lower and lessen debt so that coming out of the virus earnings will be greater due to lessen expense of debt payouts. At worse the companies dilute the stock shares and hold down or off divys for the regular stock to hold the fort while paying off debt at a much cheaper rate. The companies come out of this leaner and meaner then ever before, all through scare mostly done by pros trying to grab those bargains from weak hands and forced selling low volume crashes.
1 day trade $6buy then sold next day $15.
149% gain on one of these,
Just bought back today back down below last buy to rinse and repeat.
I like how you said purposeful destruction, it's way to easy for foes or political rivals to manipulate our markets and worse out financials and system.This is the only Stock I will be able to afford after the purposeful destruction of our economy.
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A nice Beef Broth for dinner.
At least it has protein.
The market won’t hit bottom until all hopes of a quick or V shaped recovery are extinguished, so why would anybody be looking for long equity plays now. We have weeks if not months before this bear market will flatten. Plenty of dorayme to be made on the short side now. Ask me in 6 months...maybe.
The market won’t hit bottom until all hopes of a quick or V shaped recovery are extinguished, so why would anybody be looking for long equity plays now. We have weeks if not months before this bear market will flatten. Plenty of dorayme to be made on the short side now. Ask me in 6 months...maybe.
I agree. I think today’s massive 2000 point rally was a head fake
The market won’t hit bottom until all hopes of a quick or V shaped recovery are extinguished, so why would anybody be looking for long equity plays now. We have weeks if not months before this bear market will flatten. Plenty of dorayme to be made on the short side now. Ask me in 6 months...maybe.
I agree. I think today’s massive 2000 point rally was a head fake
IMO, is was worse than a head fake. The VIX is sky high and todays rally pushes the high end of risk for the VIX even higher. I wouldn’t be shocked to see a 12-15% rapid drop relatively soon.