Originally Posted by Shoes:
How do individuals smarter than myself feel about Delta or Boeing shares during this time of panic?
My thinking is that Boeing is "too big to fail". The feds want Boeing to survive. Delta is replaceable. But I'm clearly an idiot on stock picks in 2020, so maybe you should do the opposite of whatever I recommend.
I just bought a little ZM. I figure it'll do fine in the short term, and maybe this will get people more in the habit of video conferencing in the long term. [Reply]
Originally Posted by BigBeauford:
Seems like a good value unless the company goes bankrupt. Hasn't Delta done this already and doesnt it wipe out the shareholders?
If the company goes bankrupt then yes I believe that is a game-over scenario share wise.
I'm looking at Delta or United share prices and it seems like an opportune time to invest, I don't think those companies will go bankrupt. At least if you believe that the corona-virus is a temporary blimp in the radar- how long do you think the virus would effect domestic and international travel?
Boeing is obviously a different animal, having two significant "black-swans" with the manufacturing issues of their new jets and now the corona-virus. Is boeing too big to fail? [Reply]
Originally Posted by Rain Man: My thinking is that Boeing is "too big to fail". The feds want Boeing to survive. Delta is replaceable. But I'm clearly an idiot on stock picks in 2020, so maybe you should do the opposite of whatever I recommend.
I just bought a little ZM. I figure it'll do fine in the short term, and maybe this will get people more in the habit of video conferencing in the long term.
Answered my question before I even asked- Rain Man you never cease to amaze me. [Reply]
Originally Posted by eDave:
BTC is sub 6K now. The number I was hoping for for a long time.
I've wondered about that.. You'd think something would be doing well. Yesterday - gold, treasuries, crypto, and stocks were all down.
Today - treasuries were up a smidge all the others down big
People are just taking there money and running lol
I suppose some of it could be treasuries being bottomed out and deflation fears for gold. Maybe, doesn't really explain crypto. That stuff was supposed to be "safe" from Economic and fiat money problems, haha [Reply]
Originally Posted by Mennonite:
Half the country will be for it, half will be against it, and which is which will be determined by if their guy is the one in the White House.
So stupid question and probably stupid idea but I have quite a bit of cash and everything is paid off in my life so no real stress of having to wait a while for a return but does it make sense to put 10-20k in cruise stocks ? Like royal Caribbean was trading at $150 plus and now at $30. Unless they go out of business which could happen but they are one of the top two in the industry . Just putting money in it knowing it will rebound in a couple of years . Even if it went to $90 it would still triple . Stupid idea? [Reply]
Originally Posted by synthesis2:
So stupid question and probably stupid idea but I have quite a bit of cash and everything is paid off in my life so no real stress of having to wait a while for a return but does it make sense to put 10-20k in cruise stocks ? Like royal Caribbean was trading at $150 plus and now at $30. Unless they go out of business which could happen but they are one of the top two in the industry . Just putting money in it knowing it will rebound in a couple of years . Even if it went to $90 it would still triple . Stupid idea?
Stay liquid and ride the stocks to the bottom. Should be able to triple your money without it tied to a sinking ship...ships, waiting for a rebound. [Reply]