Originally Posted by FD:
Buying and selling individual stocks is generally a fool's game, but I have to say after reading the last 2 pages of this thread it is very tempting to short IBIO.
Originally Posted by Hog's Gone Fishin:
It must be because a lot of that stock got bought.
After further analysis, it appears that you're right as usual. However, I also notice that the same amount of this stock was sold, so the increase is a mystery. [Reply]
I don't typically subscribe to too many plays on WSB, but I found this one to be particularly interesting:
Originally Posted by :
Penn National Gambling (PENN), easy play. Up over 40% today on no news. It suspended all its casino operations yesterday due to the virus. P/E of 17 implies more potential downside. It’s in bad financial standing and bankruptcy is a serious risk, they don’t have enough liquidable assets to cover their short term liabilities. With their low cash on hand and the small revolver loan they received they could last for MAYBE six months.
TLDR 4/17 $5 Strike
I'm in for 10 contracts on that 4/17 $5 put. Nothing crazy, but I can absolutely see how this would tank in the short term due to this. Likely going to hold through the weekend and see how we look on Monday (again piggybacking on my bet against the market every weekend until this thing turns around strategy.) [Reply]
The aerospace giant has been hit hard by the coronavirus’ impact on demand, and the fiasco that still dogs its flagship 737 MAX plane. The Wall Street Journal is reporting that Boeing (BA) is now weighing possibly cutting its dividend and laying off workers as the coronavirus pandemic hits home.
The stock, which is down more than 75% from its 52 week highs, is down over 2% in midday dealings, trading under $100 per share.
Three different stocks hit my completely made up targets at ~2pm on the 18th. I thought the apocalypse was on, but nope. :-) Sure hope it's a sign of some strength and Monday morning doesn't rape me. [Reply]
Originally Posted by Rain Man:
I've got some RCL. I read two articles about it today (sorry, no links). One said that bankruptcy is inevitable and the other said that it's a fantastic time to buy as a long-term hold due to demographic trends.
Moved 20K into CCL today at just under 10/share....I honestly think this is gonna be a real money maker (long term)....the cruise industry is going nowhere and Carnival Corp has the biggest piece of the pie worldwide [Reply]
Hope you’re right OD. If it recovers normally you’ll be in good shape. It’s just that the cruise industry might be one that looks entirely different 5 years from now. [Reply]
Originally Posted by Discuss Thrower:
It means Direxion is delisting some of their leveraged products.
RunKC said he's long OILU which is one of those delisted products. Which means he's going to lose money.
Interesting. I couldn’t put money in that online bc Fidelity would literally not let me. I had to call into buy it and was too lazy to do it last week.
