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Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,606
59,510
Jobless claims report comes out at 8:30 am today.

It's going to be ugly. Likely the worst week over week change ever.

Is that news baked in? We'll see. I'm watching today - not buying unless it torpedoes, at which point I'll look around at the end of the day and see what's on sale.
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,606
59,510
It was a record.
3.2 million jobless claims.

From 200,000 +/-

!!!

But hey - at least the Dems got $25,000,000 for the Kennedy center. That should help us during this crisis.

Fucking assholes.
 
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Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,606
59,510
ThatOneDude said:
I'd like to see AAL drop some more
Click to expand...
I think we've seen the bottom on airlines.
They really got hammered.

But - I read that the loans not only included a no buyback clause, but also a cancellation of dividends until the loans were paid off. Not saying you can't make money at the levels they are at, but no dividends certainly makes them less attractive.

AL or AER might be a better play, although both have already recovered a bit. AER is up 143% since I added it to my watchlist. :eek:

Leasing companies. If airlines need cash, these companies can buy their inventory and lease it back to them.
 
ThatOneDude

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
I picked up some more ford stock this morning, dipped below what I purchased yesterday
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,606
59,510
Cheesecake Factory (CAKE) is down today

Steady $40 stock prior to the fall.
Trading at $17.29 - down 8% on the day.

I have done zero research on it. Curious though.
 
Judobill

Judobill

First 100
First 100
Jan 15, 2015
6,219
10,504
Anyone been looking at energy stocks? They have taken a huge hit. Super cheap.
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,606
59,510
Hauler said:
Cheesecake Factory (CAKE) is down today

Steady $40 stock prior to the fall.
Trading at $17.29 - down 8% on the day.

I have done zero research on it. Curious though.
Click to expand...
Made an announcement they won't pay their rent. Asking it's property owners for lenience.
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,606
59,510
Judobill said:
Anyone been looking at energy stocks? They have taken a huge hit. Super cheap.
Click to expand...
I'd be very cautious with oil and gas until Saudi and Russia sort their shit out.

Demand is down with industry/people lockdown.
But they are flooding the market with product.

You can buy and eventually make money - probably. But I'd focus on the big guys. There might be some smaller companies that don't survive this and get acquired.
 
Judobill

Judobill

First 100
First 100
Jan 15, 2015
6,219
10,504
Hauler said:
I'd be very cautious with oil and gas until Saudi and Russia sort their shit out.

Demand is down with industry/people lockdown.
But they are flooding the market with product.

You can buy and eventually make money - probably. But I'd focus on the big guys. There might be some smaller companies that don't survive this and get acquired.
Click to expand...
I’m thinking Exxon or RDS. They are way down from their high, and as soon as the oil war is over, they will pop big. There is a lot of pressure being put on them to end it.
 
Lukewarm Carl

Lukewarm Carl

TMMAC Addict
Aug 7, 2015
31,000
51,650
Hauler said:
Pump and dump.
Click to expand...
I have a feeling it'll creep back up. I put an order in for a buy at $3 after you posted that it had jumped up. Got my notice of execution earlier. Almost pooped because I wasn't expecting it so fast. I do think it'll go back up before long and that's when I'll dump. Probably set my sell point for $5 something just to get out at a good rate whenever it happens.
 
Judobill

Judobill

First 100
First 100
Jan 15, 2015
6,219
10,504
Wild said:
Damn, sorry to hear that Bill. Any idea how long you'll be laid off?
Click to expand...
Not laid off. My company goes dark for good on April 1st. We do regional service for United, and they pulled the carpet out from under us. 20 years.
 
ThatOneDude

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
My weed stock is up over 25% (ACB), hopefully its not a temporary "high".
HAHA
I got dad jokes.
 
Wild

Wild

Zi Nazi
Admin
Dec 31, 2014
90,032
129,594
Man I didn’t see another up day like this coming. I thought the stimulus was already baked in and the unemployment numbers would send the market back down. Sitting on the sideline with 75% cash, waiting to get back in.
 
ThatOneDude

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
Wild said:
Man I didn’t see another up day like this coming. I thought the stimulus was already baked in and the unemployment numbers would send the market back down. Sitting on the sideline with 75% cash, waiting to get back in.
Click to expand...
I got in on some more ford this morning because it dropped slightly from yesterday.
 
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