Boiler Room: The Official Stock Market Discussion

[Futuristic Eskimo]

No AAL shares left to short

 

[Majestic]

They have $20 million in cash and $71 million in assets that can be easily converted to cash. They have $281 million in current liabilities.

What's your logic for wanting to buy this? It looks like trash. It looks like a company with these potential months long lockdowns given their non-essential status will either go bankrupt or have to cannibalize their business to stay afloat. The only thing I think would make someone want to buy it is they looked at the share price and saw a 52 week high in the $59 range, did zero looking at the company's balance sheet, and said maybe it will go back to that from these levels.

Can somebody tell me what's going on with PLAY that makes them want it?

So I was searching around the web as it seems PLAY is the stock to buy, most likely based on it's previous share price before the drop. People were really angry they missed out on buying it at $5. and @Doomsday recommends it.

 

[Donald J Trump]

are job losses for tomorrow report already cooked into the current prices

 

[Rickdogg44]

So I was searching around the web as it seems PLAY is the stock to buy, most likely based on it's previous share price before the drop. People were really angry they missed out on buying it at $5. and @Doomsday recommends it.

@Doomsday is gawd tier at this

 

[dora_da_destroyer]

are job losses for tomorrow report already cooked into the current prices

Id think so given the $600/wk boost to unemployment

 

[Majestic]

fukk it, copped DAVE at 15. Seen it going up to 16, got shook and spooked.

Will still cop more if goes even lower tommorow.

 

[Chrishaune]

Yesterday was the perfect time to sell PLAY and get back in on it later.

 

[Donald J Trump]

fed just gave us gov 2,000,000,000,000
and the market is flat

no checks til may
# of cases will worsen
more deaths
jobs tomorrow will be shytty
bad leadership


how do we not go sub 18000

 

[Scholar]

fed just gave us gov 2,000,000,000,000
and the market is flat

no checks til may
# of cases will worsen
more deaths
jobs tomorrow will be shytty
bad leadership


how do we not go sub 18000

I agree. I'm exiting most positions before tomorrow

 

[FabTrey]

got my boeing shares are $123 unfortunately

you still made money. and $123 is still dirt cheap.


and hold on to it because boeing is a $300+ stock when things go back to normal. they have only 1 competition in airbus. and guess who makes B52 bombers, Apaches and shyt for the military? them greedy nikkas. they know if things go wrong the goverment will bail them out.

a company that makes these is too big and important to fail








it's only forever stock you need in the aviation sector. i'll be keeping mine till i retire.

 

[winb83]

So I was searching around the web as it seems PLAY is the stock to buy, most likely based on it's previous share price before the drop. People were really angry they missed out on buying it at $5. and @Doomsday recommends it.

Breh we're facing a serious recession. If you're actually investing you should really be looking at a company's balance sheet and if it isn't strong don't buy. These companies need enough money on their balance sheets to weather this storm. Companies that go bankrupt you'll be stripped of their stock. Even if somebody recommends a company at the minimum you should pull it up on Yahoo finance and look at the balance sheet. The numbers are in thousands so
1,000 is 1 million
100,000 100 million
1,000,000 is a billion and so on.
You wanna look at their total cash and total current assets then total current liabilities at the bare minimum.

Now if this is a day trade of a quick swing trade than all for it as stuff is bouncing around but this isn't the kinda situation you wanna be stuck holding some company with a weak balance sheet hoping they can make it. Especially a leisure company in a time period they're being forced closed all over the place for a month or more. Their revenue is quickly gonna dry up and unless they get a government loan they'll have to turn to their cash to stay afloat and Dave & Busters really has no cash. If their revenue dries up they're done.

 

[NaijaProdigy Redux]

Wonder whether the expected horrific jobless claims numbers are already baked into the markets....

Want to make some trades and debating between just pulling the trigger now or waiting until tomorrow

 

[winb83]

you still made money. and $123 is still dirt cheap.


and hold on to it because boeing is a $300+ stock when things go back to normal. they have only 1 competition in airbus. and guess who makes B52 bombers, Apaches and shyt for the military? them greedy nikkas. they know if things go wrong the goverment will bail them out.

it's only forever stock you need in the aviation sector. i'll be keeping mine till i retire.

Boeing isn't a $300 company anymore. The valuation has to be adjusted for the damage they've suffered. You still have them valued like they're who they were before all that shyt broke out.

It's like if you weighed 150 pounds in November and ate like mad and packed on some serious weight. You don't weigh 150 anymore. Hell you may never weigh that again unless things go right. You have to step on the scale now and weigh yourself again to get a feel for where you're at.

Don't let past share price guide you unless the fundamentals of the company haven't changed. Boeing is damaged.

 

[Majestic]

you still made money. and $123 is still dirt cheap.


and hold on to it because boeing is a $300+ stock when things go back to normal. they have only 1 competition in airbus. and guess who makes B52 bombers, Apaches and shyt for the military? them greedy nikkas. they know if things go wrong the goverment will bail them out.

it's only forever stock you need in the aviation sector. i'll be keeping mine till i retire.

Only bought 5 shares . i gotta take more risks, downfalls of being a newbie.

 

[Da_Eggman]

Boeing isn't a $300 company anymore. The valuation has to be adjusted for the damage they've suffered. You still have them valued like they're who they were before all that shyt broke out.

It's like if you weighed 150 pounds in November and ate like mad and packed on some serious weight. You don't weigh 150 anymore. Hell you may never weigh that again unless things go right. You have to step on the scale now and weigh yourself again to get a feel for where you're at.

Don't let past share price guide you unless the fundamentals of the company haven't changed. Boeing is damaged.

what would you recommend that are low risk long term investments right now