Society Corona - Stock Market thinktank

[Le Chat Noir]

I ended up ditching my GILD, it was a fad buy for me and I should have held to no cup = no buy.

I don't blame you and agree with that about 95% except I wouldn't quite term them a "fad" for a couple reasons.

1) Outside of COVID they are a solid company with established returns and a good balance sheet. Given a little time they will likely make a decent return, just not what is available now with this freakish event.

2) Taking an educated guess on who will come up with a vaccine is beyond any of us but they are at the leading edge. Whoever lands this global deal... their solution will be the most valuable commodity the planet has seen in modern economics. It may be a gamble but the returns could be astronomical. Spending a bit with a company that will give you a good return is not a horrible bet.

Le Chat Noir
©.

 

[Rambo John J]

@Wild and I both got in about a month ago. He picked it up at a touch over $14.

We're all going to buy yachts and piss onto @Splinty's little dingy from ours.

don't cross the streams

 

[ThatOneDude]

I don't blame you and agree with that about 95% except I wouldn't quite term them a "fad" for a couple reasons.

1) Outside of COVID they are a solid company with established returns and a good balance sheet. Given a little time they will likely make a decent return, just not what is available now with this freakish event.

2) Taking an educated guess on who will come up with a vaccine is beyond any of us but they are at the leading edge. Whoever lands this global deal... their solution will be the most valuable commodity the planet has seen in modern economics. It may be a gamble but the returns could be astronomical. Spending a bit with a company that will give you a good return is not a horrible bet.

Le Chat Noir
©.

Very fair analysis.

 

[Hauler]

Futures down 1.4% for the Dow.
Nasdaq flat.

 

[sparkuri]

My prediction is market will dive today, thousands, biggest ever.
We'll see if it's appropriately named "Tanker Tuesday".

 

[Hauler]

My prediction is market will dive today, thousands, biggest ever.
We'll see if it's appropriately named "Tanker Tuesday".

Hope so.
I have some dry powder and I'm waiting for the right time to attack.

 

[ThatOneDude]

Looks like NVAX is starting off nicely this morning. Thanks for the cash Bill Gates!

 

[Judobill]

Looks like NVAX is starting off nicely this morning. Thanks for the cash Bill Gates!

I had a little cash so I just dropped into this. Let’s have some fun!

 

[ThatOneDude]

I had a little cash so I just dropped into this. Let’s have some fun!

I hope you make all the money

 

[Judobill]

I hope you make all the money

It’s my first virus play, I feel dirty.

 

[Wild]

Bought 5 more shares of Boeing at $137.89

15 more shares of MGM at $12.95

 

[Lukewarm Carl]

Damnit, @Judobill

 

[Rambo John J]

My prediction is market will dive today, thousands, biggest ever.
We'll see if it's appropriately named "Tanker Tuesday".

why?

 

[Hauler]

LOL @ TRMD

Deep sea transport

Up 373% today

Opened at $8.10
Trading at $36

When people come to their senses, watch out! That motherfucker gonna be free falling like Tom Petty.

 

[Hauler]

LOL @ TRMD

Deep sea transport

Up 373% today

Opened at $8.10
Trading at $36

When people come to their senses, watch out! That motherfucker gonna be free falling like Tom Petty.

Back to $16.33 in 10 minutes
I will laugh my dick off if it finishes in the red, because SOMEONE bought this at the top today.

That guy hates life.

 

[sparkuri]

Hope so.
I have some dry powder and I'm waiting for the right time to attack.

Looks like I was wrong, today isn't the day.
Did the gubment pump more in?

 

[Hauler]

Looks like I was wrong, today isn't the day.
Did the gubment pump more in?

Dow is down 2.2%
Nasdaq down 2.5%

Not good, but not a bloodbath

 

[sparkuri]

Dow is down 2.2%
Nasdaq down 2.5%

Not good, but not a bloodbath

Something is keeping it afloat, ungodly hocus pocus behind the scenes.
My stocks are going up because they're backed by "too big to fail", and "too corrupt to fail"

 

[sparkuri]

why?

Because anyone who hedged their liquidity with oil contracts lost their shirts, which is A LOT.
I'm curious, the R&D departments in rubber must by pulling 16 hour shifts.

 

[Hauler]

Something is keeping it afloat, ungodly hocus pocus behind the scenes.
My stocks are going up because they're backed by "too big to fail", and "too corrupt to fail"

A lot is already baked in.
We were flirting with $30k just 2 months ago. We're now at $23k

That's a 23% haircut

 

[ThatOneDude]

Something is keeping it afloat, ungodly hocus pocus behind the scenes.
My stocks are going up because they're backed by "too big to fail", and "too corrupt to fail"

Bill Gates is literally keeping one of the positions afloat. It's pretty sweet.

 

[sparkuri]

Bill Gates is literally keeping one of the positions afloat. It's pretty sweet.

I need you to raise your joke specs about 4 clicks and compensate for heavy windage.

 

[ThatOneDude]

I need you to raise your joke specs about 4 clicks and compensate for heavy windage.

Oh, I wasn't joking.
Bill & Melinda Gates Foundation – Novavax

 

[sparkuri]

Oh, I wasn't joking.
Bill & Melinda Gates Foundation – Novavax

That 89M was gone 4 years ago.

 

[ThatOneDude]

That 89M was gone 4 years ago.

He just gave them another injection of funds for covid-19