Boiler Room: The Official Stock Market Discussion

[Chrishaune]

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

For sure it won't be as bad as it could have if we didn't already know what to expect.

 

[analog]

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?

I was wondering the same thing as well...

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.

You could've picked damn near any stock last week and you'd be up big today.

Do your due diligence with any recommendation before jumping in. Last thing you want is to be left holding a bag when everyone else has made their money and dipped out...

Investing in sound businesses with a positive outlook like @winb83 stated are your best bet

 

[ogc163]

 

[Thethirdpew]

Good news is you’ll be able to buy Ford for $2 soon.

Bruh what? when

 

[FabTrey]

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.

you crazy breh. $300 range is a correct valuation. $400 was overvalued, but $300 it ain't.

this cac thinks fair value is $371




Nikkas i know were eyeing $600, but 737 happened and halted the crazy run. if they don't make any more negative headlines than they will be just fine.

 

[FabTrey]

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

buy the dip breh. as long as we got this virus, all the stocks will go down at some point. patience is a true virtue in this game. wait for another clearance sale. get your cash ready to go.

and i highly suggest you keep 90% long term 10% short term. that's the best advise i can give you. hell 100% long term is the best way to go, but i know nikkas want some actions. so if you gonna ride the pump and dump, just do it 10%. and when you make the profit buy a long term stock. that's what i do and it served me good.

 

[Majestic]

@Skooby lowest play went down today was 15 ish. Right now it's nearing 17. I had to quickly cop a few at 15. @Doomsday was very likely right that it'll reach 70s. I'd suggest you cop some now and tomorrow if it does down after the job reports.

 

[Typical Coli Nigga]

shout out to you brehs dropping hella money on these +$20 stocks

hope to be like yall some day

imma penny stock/sub $10 stock my way through the game now though

sends some tips my way if you em lol

im def coppin some drops tmrw

 

[Scholar]

Ya should listen to this guy. He's really good at what he does

 

[ahomeplateslugger]

i still like boeing but winb is right about them being unstable right now. they still have legal issues, cut dividends, no stock buybacks and ppl traveling is still up in the air. if you bought in ~$100 then that's great. as of right now i'm not sure buying now would be a good time. you're better looking at another company or wait until boeing has a pullback because going up 60% in a couple of days is wild. could drop big time again if ppl take profits.

 

[Majestic]

shout out to you brehs dropping hella money on these +$20 stocks

hope to be like yall some day

imma penny stock/sub $10 stock my way through the game now though

sends some tips my way if you em lol

im def coppin some drops tmrw

Check out CSPR.

 

[Typical Coli Nigga]

i still like boeing but winb is right about them being unstable right now. they still have legal issues, cut dividends, no stock buybacks and ppl traveling is still up in the air. if you bought in ~$100 then that's great. as of right now i'm not sure buying now would be a good time. you're better looking at another company or wait until boeing has a pullback because going up 60% in a couple of days is wild. could drop big time again if ppl take profits.

i feel like things will def draw back tomorrow, even though the numbers are rumored i def feel could be a pump and dump when they drop

Check out CSPR.

solid, chart dont look that great for a new company but if they even gat back to february numbers

adding to my watch list

 

[Futuristic Eskimo]

@Skooby lowest play went down today was 15 ish. Right now it's nearing 17. I had to quickly cop a few at 15. @Doomsday was very likely right that it'll reach 70s. I'd suggest you cop some now and tomorrow if it does down after the job reports.

 

[the cac mamba]

i still like boeing but winb is right about them being unstable right now. they still have legal issues, cut dividends, no stock buybacks and ppl traveling is still up in the air. if you bought in ~$100 then that's great. as of right now i'm not sure buying now would be a good time. you're better looking at another company or wait until boeing has a pullback because going up 60% in a couple of days is wild. could drop big time again if ppl take profits.

got 8 shares of boeing averaged at 137, not buying more til it drops down to around 120

we still have a LONG fukkin way ahead of us. this short term bump yesterday was nice, but let's talk mid april about how we already hit the bottom of the market last week

 

[analog]

Very sound analysis.

Results below based on the criteria he outlined in his video (posted on his blog). I've added a few to my watchlist.

CoronaBasementBargains
Canadian Natural Resources Limited (TSX:CNQ)
Aristocrat Leisure Limited (ASX:ALL)
Inpex Corporation (TSE:1605)
Ecopetrol S.A. (BVC:ECOPETROL)
EOG Resources, Inc. (NYSE:EOG)
ConocoPhillips (NYSE:COP)
XP Inc. (NasdaqGS:XP)
Anglo American Platinum Limited (JSE:AMS)

CoronaBeatenUp
TLG Immobilien AG (XTRA:TLG)
Air Lease Corporation (NYSE:AL)
AerCap Holdings N.V. (NYSE:AER)
Pandox AB (publ) (OM:PNDX B)
The Wendy's Company (NasdaqGS:WEN)
Nexstar Media Group, Inc. (NasdaqGS:NXST)
Intrum AB (publ) (OM:INTRUM)
Inter Pipeline Ltd. (TSX:IPL)
Essential Properties Realty Trust, Inc. (NYSE:EPRT)
Wyndham Destinations, Inc. (NYSE:WYND)
Piramal Enterprises Limited (BSE:500302)
Western Midstream Partners, LP (NYSE:WES)

CoronaSafety
Microsoft Corporation (NasdaqGS:MSFT)
Facebook, Inc. (NasdaqGS:FB)
Tencent Holdings Limited (SEHK:700)
Kweichow Moutai Co., Ltd. (SHSE:600519)
Visa Inc. (NYSE:V)
NVIDIA Corporation (NasdaqGS:NVDA)
Keyence Corporation (TSE:6861)
Mastercard Incorporated (NYSE:MA)
Booking Holdings Inc. (NasdaqGS:BKNG)
Wuliangye Yibin Co.,Ltd. (SZSE:000858)
Lam Research Corporation (NasdaqGS:LRCX)