Down but about to rebound? Only stock picks

ViShawn

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Boeing makes no sense right now. The Senate hasn't passed the bill yet and just because they put a stimulus package to help with the economy does not mean that it actually help right now that COVID-19 is still taking lives and businesses are shutting down.
 
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princeofhaiti

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Bought Exxon Mobil(XOM) at $34.25 (15 shares)

Bought Frontier(FTR) at $0.27 a week ago (250 shares)

Bought NY Mortgage Trust(NYMT) at $1.04 (200 shares)


Should triple my money within a year.
bought Exxon at 32.98...2 shares
bought Coca cola at 40.25 3 shares
bring in the monthly dividends as well :blessed:

whats this frontier and ny mortgage u speak of fam :ld:
 

charknicks

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bought Exxon at 32.98...2 shares
bought Coca cola at 40.25 3 shares
bring in the monthly dividends as well :blessed:

whats this frontier and ny mortgage u speak of fam :ld:

NY Mortgage Trust is a Real Estate Investment company which has traditionally been around $6/share with a strong dividend ($.80/share/year- $.20/quarter). Pretty good stock. They have announced they are suspending their dividends for the near future though. The price will jump by up to $5-$6/share eventually though. Its a good buy. I have about 20, and gonna grab alot more
 

Bboystyle

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bought Exxon at 32.98...2 shares
bought Coca cola at 40.25 3 shares
bring in the monthly dividends as well :blessed:

whats this frontier and ny mortgage u speak of fam :ld:

Frontier is a communications company. They over took verizon FIOS in the states of cali, texas, florida. Im a customer of theirs and been following them since they took over. They usually trend at $1-$2 a share. Its a long hold for me until they recover and go back to $1+ then imma sell.
 

princeofhaiti

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NY Mortgage Trust is a Real Estate Investment company which has traditionally been around $6/share with a strong dividend ($.80/share/year- $.20/quarter). Pretty good stock. They have announced they are suspending their dividends for the near future though. The price will jump by up to $5-$6/share eventually though. Its a good buy. I have about 20, and gonna grab alot more
good look fam, i got a stack to play with. ill throw some change at it when it gets to its low point of the day (made a stupid mistake of buying AGNC at its high point of. $19)
 

morris

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bought Exxon at 32.98...2 shares
bought Coca cola at 40.25 3 shares
bring in the monthly dividends as well :blessed:

whats this frontier and ny mortgage u speak of fam :ld:
If you really want dividends, you're going to have to invest a lot more than that. and I wouldn't play the dividends game right now until all this settles over.

A lot of companies are suspending it.
 

RiffRaff

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Houston to LA like I'm Robert Horry.
How should I take advantage of this is a bull trap breh. I've already made 100% of my initial investment from last week. Uber, hotels, oil and gas. Does it make sense to go ahead and take my money out and buy some Put Options?
 

morris

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How should I take advantage of this is a bull trap breh. I've already made 100% of my initial investment from last week. Uber, hotels, oil and gas. Does it make sense to go ahead and take my money out and buy some Put Options?
Do your best to gain some extra gains. Take that out and leave the rest, house money, to continue your investment strategies.

Always have an exit strategy.
 

winb83

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If you really want dividends, you're going to have to invest a lot more than that. and I wouldn't play the dividends game right now until all this settles over.

A lot of companies are suspending it.
Naw buy what you can as you can and you're getting these dividend stocks on sale right now. Now is the time to load up on good businesses that have strong balance sheets wiy
 

morris

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Depending if there's a big runoff tomorrow, I might sell my Exxon stocks and gamble on some biotechs or something else.

Call me foolish but I still think I will hold on to my ABBV and GE stocks.
 
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