And I just bought 20 shares of American AirlinesBuffett just said he sold out of his airline stocks completelytheyll probably get crushed next week
What stocks yall buying during this crash? Let's get this money
- Thread starter Knowledge
- Start date
You be aight in a yearAnd I just bought 20 shares of American Airlines
Bought some American and Spirit about a month ago. They might dip lower than my original purchase price. Might just buy more once they dip. I cannot see how the airline industry will fail. nikkas aint going back to horse and carriage. lol Buffet will signal the drop, buy low, then talk about how he was wrong while making the big bucks. These nikkas aint slick. He will be "wrong" while laughing all the way to the bank.
Yes but some stocks pay monthly dividends, some quarterly. It adds up eventually. If dude is swing trading then I guess it won't matter that much, but if it is something they plan on holding for a while it could be better for them.
i guess if there was some kind of finance class your school offered, it could've been taught there.
but nah traditionally it's not taught. good luck
Saysumthinfunnymike
VOTE!!!
Buffet changed the airline game. Bulls were going to continue to prop it up and sell it off, rinse and repeat. Looks like he stomped all that shyt out. Now I am pretty much out on airlines waiting to see how low they will go..
Saysumthinfunnymike
VOTE!!!
Trump gotta come out and say airlines will be protected at all costs to offset this 
BmoreGorilla
Veteran
Anybody been looking at Diamond Offshore Drilling? They’re at 22 cents. They just filed bankruptcy. But in 2011 they were up to almost $62
DaddyFresh
Superstar
Why would you invest in a company that just filed for bankruptcy?Anybody been looking at Diamond Offshore Drilling? They’re at 22 cents. They just filed bankruptcy. But in 2011 they were up to almost $62
BmoreGorilla
Veteran
I’m new to this so I’m asking for advice
I saw AMC filed for bankruptcy but I looked back in this thread and saw that brehs had still invested
Saysumthinfunnymike
VOTE!!!
I’m new to this so I’m asking for advice
I saw AMC filed for bankruptcy but I looked back in this thread and saw that brehs had still invested
I believe that was a rumor but AMC didn't actually file
DaddyFresh
Superstar
I am as well. But it’s good to research some of the info you see here. It’s Coli. Not a thread of the worlds most renowned investors. But from what I’ve been seeing is a business going bankrupt you can lose all shares.I’m new to this so I’m asking for advice
I saw AMC filed for bankruptcy but I looked back in this thread and saw that brehs had still invested
BmoreGorilla
Veteran
At 22 cents a share it doesn’t seem like a risk at all. I just didn’t know if companies have filed for bankruptcy and came back from that. Like I said I’m new to this. But I got some extra bread saved up from teleworking and this looks like a good time to get in
Dead cat bounces. If something is cheap, it only needs to go up a little bit to make big % earnings.
BmoreGorilla
Veteran
That’s what I was thinking. At .22 cents I can find that under my couch. That’s not a risk at all. And at one point it was over $60. If it even gets to half of that at some point you made out