you coulda bought ccl and made 70% or play at 209%. this is in last 5 days.
wow serious compounding
lol i am not saying to buy them. i am saying risky stocks that have fallen a lot. will obviously boucne back in a major way. the riskier the drops. the higher the up days. but overall they have still suffered major drop compared to the peak relative to other cos.
Those are great points Nerdy, unfortunately you didn’t call them. Fact remains I made an unambiguous call that is trouncing the market while everyone sat here wringing their hands. SAD!
You think DAL holds these levels? I just got the news that school is closed through April (so much family time) and I’m interested in what the economic numbers look like next week. On the one hand: stimulus package and bad news is priced in. On the other hand: everybody is staying home, not making discretionary purchases and not travelling. I’ve seen housing starts predicted to be cut in half and insane unemployment numbers.
I’m going to be buying real estate later this year, so whatever irregular cash I put in would be short term. Tough call.
I mean, I’m holding to year end and expect this thing to be back to pre-crisis pricing albeit with leverage up from 1.5xish to 4xish. That said, buying anything after a 3 day 50% rally is a risky prospect.
Oh yeah, no way I’m buying an airline at all. I was just curious on your view.
Looks like the stimulus package includes direct grant money for airlines equal to all 2nd and 3rd quarter employee pay. Crisis officially averted. Hardest part for most people during meltdowns is seeing the potential for good.
That’s what my dad has been saying. I’d pay to watch Black Swan debate my dad.
The grant for airlines was pretty vague. It sounds like equity dilution and nationalization to me. Much better than a chapter 11. Anyways I thought it was hilarious. Buffett swore off airlines before when he lost a lot of money on them in 80s I think. He bought a bunch recently in major airlines roughly a 10 percent stake on each one due to their amazing performance since 2009 and low and behold they blow up again.
Check this link out by cnbc
What are you blabbering about? The grant money has no payback and no dilution. To the extent it involves some degree of warrents, it’s not remotely an equity stake or nationalization. There was never going to be a CH11 for Delta. Stop embarrassing yourself, tank.
I love it when you’re sitting on a position that rallied ~50% in 3 days, smoking the market and LUV btw and the people who are wrong are trying to argue against the irrefutable score card to save face. I’ll feel free to skip the CNCB, I do real analysis. Cheers!
Question to advanced specialists here.
Can TQQQ or SSO be bought without a CFD (contract for differences)?
I’m afraid the broker closes my position automatically if default margin call has a top value (perhaps because regulation) and despite I have the funds to increase the margin call I would lose my entire position.
Investing without CFD means I can safely gamble my investment and digest the necessary volatility until returns become 300%.
Please advice me.
erj and ge. how are those positions. did you keep doubling down all teh way down? and how big was the dal position relative to those 2. hopefully it was enough to offset. in any case, should dal go down you can always double down again? anyawyss here is the story you need:
warrants is a form of dilution. and the industry just received 25b in free cash. what would have happened if they didnt. anyways here is also the performance in last 5 days.
dal up 33 percent
aal up 32 percent
luv 13 percent
you coulda just gone iwth the shittiest levered company to get the same performance in last 5 days.
DAL was certainly a good call, just not my thing, don’t follow airlines at all. I wonder if this will become a “sell the news” situation or if the bottom is in. In 2008, I believe the market sold off following the passing of the bailout but I’d need to double check.
Yes, I believe levered products can go to 0. Just like the index can, just takes less to get there for levered funds. But circuit breakers help
LOL, Do you even markets? 
GE rallied 67% in 2019, ERJ I exited about break even. SoRRy Bruh. A tad early but not gonna be upset about it. 
I chose DAL not AAL because they could survive without free money. But I also factored the fact that there was a lot of industry assistance talk into my decision and their exit rate profitability. Hence why I called precisely Friday was the day to pull the trigger. So sallllty, SAD! Just keep listening to CNBC and stay scared, you’ll get there!
Someday, maybe, if you keep trying Nerdy, you will not be fantastically wrong when you try to debate me. Unfortunately you’ll have to wait 
But I do admire your enthusiasm! 
Up another 8% 
lol allright. but we quickly went from 5 year plays when prices were 25 at erj and ge at 20. to doubled down at 11 at the bottom. and sold it all at break even at the optimum time within 2 years when current prices sit at 8.63 and 7.8.
anyways congrats on dal. but when you are wrong at something its ok to admit it. its not a big deal. we all make mistakes. thats just how the markets go.
This is an AF version of 8 mile rap battles! Very entertaining!
I never said buy GE at $20, by the time we were talking it was in the low teens, then I kept buying, NBD. ERJ just trade sideways for like two years, missed some sweet exits, but selling break even not a mystery. KeEEp TrYing 