What stocks yall buying during this crash? Let's get this money

redd2013

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If you didn’t sell everything last week you’re crazy

plus don’t buy anything until around May or June when this isn’t so bad

Listen to this man the market hasn't bottomed out yet we in week 3 of the virus out here. I would wait at least another 3 weeks to a month see where it's at. The market gonna crash some more next week. Look at all the money there already trying to pump in the market and it still continues to crash more often than not.

Play putz if anything but it's a gamble. I will give yall some putz to play but I suck lol so play at your own risk. Had a fat put on delta made some money but cashed out too early. But lost it all than some peloton. Putz is all about timing and I'm horrible at that. Right now I have putz for uber, lyft, gamestop's, and bed, bath, and beyond. Game stop doesn't want to close because if they do they probably don't reopen or 75% of there store would be wipe out when they. bby was already struggling before the market crash so I don't see why they don't go bankrupt. I have long putz on those 2. Lyft and uber about a month from now. Lyft is fukk if we go on lockdown. They need people to use there service since giving people ride a is really all they have. Uber at last has uber eats and they more world wide but there upkeep is too much. I don't believe there owner either having enough money to survive this. Both company before the virus were not gonna turn a profit for at least a couple more years. Read wall street bets. There a lot of dummies on there but some do know how to make money.
 

TDUBB

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you don’t think it can go significantly lower?

just seriously asking not “challenging” you on some dikkhead shyt

I wouldnt worry too much about that, right now we're pretty much at a Global Recession. Which is extremely rare.
However if your concerned, you can always look at the history of the stock your buying. It gives you a good idea how well it will perform after this pandemic ends.

Just don't buy any stocks on oil/energy related. Its always been horrible well before the virus.
 

old pig

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I wouldnt worry too much about that, right now we're pretty much at a Global Recession. Which is extremely rare.
However if your concerned, you can always look at the history of the stock your buying. It gives you a good idea how well it will perform after this pandemic ends.

oh no that’s not my concern...I absolutely believe that a lot of shyt will bounce back in time...the question tho is how much time will that take and will prices drop down significantly more during that stretch to the point that even current prices seem high which is a decent possibility considering we’re only @ the “start” of this and they’re predicting this shyt could last another 12-18 months

I’m only asking/bringing this up bcuz I’ve been in situations where folks urged ppl to “buy now” stating they’ll never see such low prices again which can lead to FOMO...only for prices to drop even lower...so instead of looking @ a profit they’re stuck for quite a while just waiting to break even

ultimately I’m asking do you think it’s too early to call this the “bottom” ...?

again I honestly can’t call it myself...just trying to pick your brain a bit
 
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itsyoung!!

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Copped 3 shares of Disney. $88 a piece :manny:
safe investment, but probably wont get much return.. their 52 week high, when things were going good were 152

the best you can hope for is $200 or so back in profit which is cool but for $270 you could of bought say, 50 shares (just using as example) of one that fell harder, say to $5-6 and they regular trade at say $30-50

heres an example:

you bought $264 of Disney Shares, the best theyve done in the past 12 months is $150 ($450 return on 3 stocks) which is $186 profit

but say if you bought $264 of MGM shares which was $6 few days ago ($9 now) and usually tades around $30-34 so lets split at $32

that would be 44 shares of MGM - if it bounces back which it realistically will since they own half the strip of Las Vegas BLVD literally, and everyone will be beating their casino doors down once all this all over

would be $1408 total minus the $264 investment, would be $1144 profit


same put in, bigger return
giphy.gif
 

old pig

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its on the rise actually.. was $6-7/8 all week now over $9 but could dip down to $7 I think by next week

even at $9 its not a bad buy :manny: you still tripling your $

ya the timing for me is always the problem...this rise might be temporary and it could drop again or it might not and maybe this does end up being “bottom” territory...it is tempting right now tho
 
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