Clay if you want to make money, you need to invest in a good company and let it sit. Being patient wins.

Buy today. Lot of major stocks are 10% off
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I'm well aware. I'm only doing this because I invested in "a good company" on CP advice, that fucking tanked.

I'll get back a little here. But this is not a long term play.

I might pump and dump a couple more times and then I'm putting it all in an index fund.
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Out at 2.34

Made money at least. May pump and dump if it dips under 2 again.
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Needs to be a romper edition of this thread.
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r/arrowheaddrivebets
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Microsoft is such a good buying opportunity IMO. I’ve got Apple, but buying Microsoft bc it’s half the price and is doing just as well. Their azure development is really good.

Also considering buying OILU crude oil. It’s the lowest it’s ever been in its history at 8.7. Crude oil will bounce back at some point, it always does. Just gotta wait about 6 months.
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This is the romper version. But it's fun.

My cruise ship stocks have been burying me. But I'm buying into the crisis. I'm buying tiny amounts, but I view it as dollar cost averaging, and I doubt that this event kills the industry.

The annoying part to me is that I've typically balanced oil stocks with cruise line and other travel stocks, assuming that they would balance out. If one takes a hit, it helps the other one. But this situation is pummeling both of them.
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In at $3.075 and out at $2.89.

I blame gifhorse for this.
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This is probably one of the only times I will ever make a post on the markets. There are huge opportunities right now. Exxon is very cheap and paying you almost 7% to wait.
United Airlines was at a 4.66 PE ratio earlier today when I bought.
The virus is making everyone freak. Huge opportunities in airlines and oil. I would stay away from cruise lines. I could shoot myself in the head for not shorting these. Then again I didn't know the media would do it's very best to make everyone freak the F out. You would have made a ton in a month having done that.
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Airlines are a short term bet at the very best. Once some regressive "carbon taxes" get applied and passed on to consumers their margins will plummet.
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The only airline stock I have is Southwest. In that realm, I follow some stock advice that I heard long ago - don't buy a stock unless you would buy what the company is selling. Southwest is the only airline out there with a customer focus.
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Customer focus in what way?

Don't get me wrong I choose LUV when there Wanna Get Away fares are the relatively same price as other carriers but if I think what you mean is "cheapest fares period" then that ain't LUV.

Also carbon taxes are coming for all carriers, so..
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You talking about buying a contract of oil on the futures market?

If so, remember there are margin requirements.
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Nah. I can change tickets if I need to without a ludicrous change fee. I don't get charged extra for a bag. And above all, I get honest pricing quotes that don't hide fees. (I'm looking at you, Frontier.)

I've purchased one - precisely one - ticket this past year on an airline other than Southwest. As luck would have it, I needed to change the ticket. The fees were so high that it was better for me to buy a ticket on Southwest than to change the (non-refundable) ticket that I had on United, so I had to eat that ticket and United kept my money and provided precisely zero value to me. So I learned my lesson about flying an airline other than Southwest.
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The growth isn't in the type of buyer who needs easy fare changes though. It's the buyers who are locked in to a destination and time and are willing to eat the loss if they have to cancel since it's relatively cheap.
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