All things STOCKS

#2,203
#2,203
JFreak said:
SAVE would be my guess as first to go. On another note, decided against a major rebalance this AM. Haven't made any major moves (aside from filling up 401k and IRA) through all this and only down 5% from peak.
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SAVE's BS scares me but I think the low cost carriers will weather the storm better than the legacy carriers.
 
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#2,204
#2,204
LIvol said:
Ok so I want to try again. I am the one who fudged up CCL and couldn't hold tight. I know I stink but looking to redeem myself. I think I am looking at all in on Draftkings even at $25. The NBA is looking positive for a short season and MLB will not screw this up.

Few questions for you smarter investors. Where do you read about certain stocks like the MARK or NAT of the world? Where do you hear of stocks that trade under a dollar.
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I bought Draft Kings at 18.62 and it's now knocking at the door of 50% return already. Honestly I have no idea why it's taking off like this. I only have a couple hundred invested in it, so I don't mind to hold it longer just to see what it does.

I think CCL is still a good buy at 12ish dollars. I may buy more shares while it's down again, my average is still around 10.50.
 
#2,207
#2,207
Fun coupon VOL said:
Save will be the first to go. Aal is a great company to invest in right now imo. That is one entity’s audit I read cover to cover.
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What's the best way to become a millionaire? Start as a billionaire and buy airline stock.

(As you can tell, I dont like the industry and never have). Long term, you got all the risk and downside from being leveraged and none of the upside. Look at AAL's stock from 2015 to 2019, which was a great period of prosperity. They ran at over 90% occupancy, bought back shares, and the share price was lower.
 
#2,208
#2,208
BigOrangeMojo said:
What's the best way to become a millionaire? Start as a billionaire and buy airline stock.

(As you can tell, I dont like the industry and never have). Long term, you got all the risk and downside from being leveraged and none of the upside. Look at AAL's stock from 2015 to 2019, which was a great period of prosperity. They ran at over 90% occupancy, bought back shares, and the share price was lower.
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But if you’re day trading, you can make a fortune here. SAVE being at $8 now, sure, they may go BK (I doubt it), but they were $45 a share a couple of months ago. Riding the small waves from $8 to $12 etc, are making a lot of people money.
 
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#2,211
#2,211
VolAllen said:
But if you’re day trading, you can make a fortune here. SAVE being at $8 now, sure, they may go BK (I doubt it), but they were $45 a share a couple of months ago. Riding the small waves from $8 to $12 etc, are making a lot of people money.
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And just as many rode the wave from $15 to $8....

If I was a day-trader or short-term trader (which I'm not), I actually like SAVE much more than United or American. There's a nice risk-reward if they make it through to the other side of this crisis. My opinion is that they don't without a bailout though.
 
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#2,213
#2,213
Willy P said:
I bought Draft Kings at 18.62 and it's now knocking at the door of 50% return already. Honestly I have no idea why it's taking off like this. I only have a couple hundred invested in it, so I don't mind to hold it longer just to see what it does.

I think CCL is still a good buy at 12ish dollars. I may buy more shares while it's down again, my average is still around 10.50.
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You might try rcl or nclh. CCL has tended to have more problems (cutting corners, breaking laws, mechanical) during the last decade, especially in regards to the virus. They own both Holland America and princess.
 
#2,215
#2,215
UTSuave’ said:
Yes!..the max has cost them a lot of money and trust within the public and you don’t screw around with people as far as safety when it comes to flying.The average person is probably unsettled as it is let alone putting them in something that may or may not last up in the air. Do you honestly feel like BA is a smart and safe buy?...I’m aware of the unknown Regarding a timeline because of covid,but overall.
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BA has a floor somewhere due to their defense business. I think that if the pieces and the cash are added up right now, the commercial airline business might actually be interpreted as having a negative value. I'm interested in grabbing a few shares if BA gets around $100 or below. I think that it was around $120 a day or 2 ago.

I don't know if anything is a safe buy anymore. There are safe companies like Amazon, Apple, MSFT, and a bunch of medical names... but even any of those securities could end up not appreciating for a long time.
 
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#2,216
#2,216
VolAllen said:
My current holds are SAVE, GHSI, and COCP. I like all 3 of your holds, fyi.
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Thanks man!..I’ve been going at for about a year and still learning the in’s and outs but I’ve got the basics,just knowing the point to buy and sell is what I’m trying to improve on Regarding Flags,dips and locating when a stock is about to take off
 
#2,217
#2,217
UTSuave’ said:
Thanks man!..I’ve been going at for about a year and still learning the in’s and outs but I’ve got the basics,just knowing the point to buy and sell is what I’m trying to improve on Regarding Flags,dips and locating when a stock is about to take off
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Time in the market beats timing the market. If you're exceeding S&P 500 returns over the long run doing that then you're easily in the top 5% of traders.
 
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#2,218
#2,218
Thunder Good-Oil said:
BA has a floor somewhere due to their defense business. I think that if the pieces and the cash are added up right now, the commercial airline business might actually be interpreted as having a negative value. I'm interested in grabbing a few shares if BA gets around $100 or below. I think that it was around $120 a day or 2 ago.

I don't know if anything is a safe buy anymore. There are safe companies like Amazon, Apple, MSFT, and a bunch of medical names... but even any of those securities could end up not appreciating for a long time.
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What if Biden wins? Think that will hurt the defense spending?
 
#2,219
#2,219
BigOrangeMojo said:
What if Biden wins? Think that will hurt the defense spending?
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If Biden is the POTUS, I'd predict that the Liberals would slash defense spending, but places like Iran, China, North Korea, and Russia will become bigger threats which will result in higher US defense spending a few years out. Dems like to toss bombs around though and, iirc, Boeing sells missles. But Raytheon-United Technologies probably sells more of them.
 
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#2,220
#2,220
Thunder Good-Oil said:
If Biden is the POTUS, I'd predict that the Liberals would slash defense spending, but places like Iran, China, North Korea, and Russia will become bigger threats which will result in higher US defense spending a few years out. Dems like to toss bombs around though and, iirc, Boeing sells missles. But Raytheon-United Technologies probably sells more of them.
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When a Democrat gets into office it negatively affects business 2 or so years down the road. The back log on a lot of defense contracts and orders are almost always 18-30 months behind.
 
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#2,223
#2,223
UTSuave’ said:
@VolAllen what is your buy in range on Rose,Zom,ZN,GHSI,COCP And RTW! Because I’m looking at the market chart and they are all similar and hectic
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Over the last month I’ve flipped Rose, Zom, RTW for gains, and sold both GHSI and COCP today for minimal losses. I don’t think I’ll revisit any of those unless they get hot. I hope someone in here listened to my SAVE buy....made big bucks off that this morning and still holding 1,000 shares at 7.90.
 
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#2,224
#2,224
Volbucky said:
When a Democrat gets into office it negatively affects business 2 or so years down the road. The back log on a lot of defense contracts and orders are almost always 18-30 months behind.
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Defense spending is very unsettled right now. Down sizing in the ME and potentially insisting that others pick up the pace at protecting worldwide commerce... but Iran and China especially require us to not let our guard down. The Space Force is an unknown (and Boeing is a beneficiary with that initiative). Done right and it will be more efficient than the current military branches and government agencies dabbling in space separately. Done poorly and it's a black hole that money is thrown into.
 
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