Originally Posted by Hammock Parties:
Market hasn't really moved that much on this news.
We'll be fine.
We're ripe for another sell off, the country probably wont be back to full speed until July. Rich folk got the normies in a bull trap I suspect. [Reply]
Originally Posted by lewdog:
You possibly just sold at the bottom.
I lost $25k in my modest 401k on the drop. I’m not worried.
Timing the market to buy back in is the $1000 question. If we all knew the answer, we’d be rich.
Pharmaceutical stocks will be big on which companies get approved for vaccinations let alone the testing of the virus, testing will be the big one to get into for now. [Reply]
Originally Posted by :
Advanced economies will shrink about 35% this quarter from the prior three months, four times as much as the previous record set in 2008 during the financial crisis, according to annualized figures from Goldman Sachs Group Inc.
How fast economies will rebound is an open question because nobody knows how quickly people can get back to work, New York-based economist Jan Hatzius wrote in a note to clients dated April 13.
Originally Posted by rydogg58:
Hope some of you had a few hundred/thousand shares of LTRPB today. Looks like it opened around 5 a share. It's up almost 2000% today. Sigh.
Originally Posted by Rain Man:
Is that a reverse split or something?
Yeah, it looks like they had a proposal at their shareholder meeting two days ago to do a reverse split of "up to 1 in 20" shares because they were in danger of being delisted. I assume it passed.
Originally Posted by Rain Man:
Yeah, it looks like they had a proposal at their shareholder meeting two days ago to do a reverse split of "up to 1 in 20" shares because they were in danger of being delisted. I assume it passed.