THE MACHINE
night owl
Trump and Mickey Arison are best friends right?
Boiler Room: The Official Stock Market Discussion
- Warren Buffett revealed over the weekend that Berkshire Hathaway had liquidated its entire stake in the airline stocks, saying, "Our airlines position was a mistake."
- Investors are betting against Warren Buffett, as evidenced by a 1,600% increase in fund flows into the US Global Jets exchange-traded fund.
- The move comes as the airline ETF JETS has experienced a 60% decline in value since the coronavirus outbreak reduced air traffic travel by more than 90%.
Yea im down to buy into JETS after a couple of these airlines go bankrupt first
At this point I wouldn't say it's fear it's common sense. Q2 2020 earnings numbers are likely to be trash. Until the last 2-3 weeks of Q1 these shelter in place orders weren't going on so Q1 numbers still look decent. The markets are pricing in a V shaped recovery but this is likely gonna take well over a year to recover from. Even if the shelter in place orders are lifted people aren't going to participate in the economy like they used to until there's a real resolution to all this. When businesses are doing 30-40% of the numbers they used to so we'll see what happens.
i'm still very skeptical about BYND breh. right now they are enjoying success cuz of meat shortage and they created more income stream. but from consumer point of view they really haven't separated themselves from the pack. they will be volatile for a while. they could easily go up, but easily go down. right now pricing has gotten too expensive. i ain't touching this below $80. i'll just move on to buy other stocks. you could quickly enjoy 20-30% gain prolly tho, but make sure your pull out game is on point.
Saysumthinfunnymike
VOTE!!!
Dow is up pretty big in the futures right now. Why am I up so late on a fukking Wednesday. Anyway should be yet another interesting day lol
I think someone here mentioned GSX being a stock they like. The Dark Pool shows 11 Million dollars worth of shares being traded yesterday at around 6PM. Whether it was a buy or sell is in question but expecting big move here.
I found them on a scanner, apparently they're under audit for lying about their financials. They're literally the next luckin coffee
@Chef Mello you watching $mark
i still think valuation is too high. i'll buy them again and hold it for long if it crashes.
Damm, SAVE getting smoked. I'm picking some more up under $10.
MaxBundles
Veteran
I forgot who it was in here preaching about Peloton every day but damn I wish I listened