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Thread: When stocks rebound, WHERE best to invest?

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  1. #1
    Master
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    Quote Originally Posted by pacifichrono View Post
    As the song goes, "Call me irresponsible..." In the wake of the largest one-day point loss in the history of the Dow, I just placed a modest investment in the stocks of six large U.S. airline companies. In the past 30 days, these six airlines have lost between 40% and 60% of their market value to the coronavirus. Although I read some discussion earlier in the day about possible airline 'bankruptcies,' I quickly gained some confidence when I heard that Trump was reacting very favorably to the airline industry's proposal for a $50 billion aid package.

    I was extremely lucky to dump all my stock holdings at the start of the crisis, so now I figure I can dabble a bit on the "wild side" with an amount that wouldn't hurt too bad if it all went down the toilet. Fingers crossed.
    Airlines??? I salute your magnificent testicles!! Global travel/holidays/business visits are fecked.

  2. #2
    Grand Master Passenger's Avatar
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    Quote Originally Posted by 33JS View Post
    Airlines??? I salute your magnificent testicles!! Global travel/holidays/business visits are fecked.
    PC has to use a wheel barrow to move them around.

  3. #3
    Master ~dadam02~'s Avatar
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    There was some discussion earlier about investing in equities akin to gambling but bugger me investing in airlines right now is nothing more than a pure punt. Those massive wheelbarrow balls will be tiny little peanut balls soon.

  4. #4
    Master pacifichrono's Avatar
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    Quote Originally Posted by Passenger View Post
    PC has to use a wheel barrow to move them around.
    No, no! I mentioned that my bet was a very modest one. If it all goes south, que sera sera.

  5. #5
    Grand Master Raffe's Avatar
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    Quote Originally Posted by pacifichrono View Post
    No, no! I mentioned that my bet was a very modest one. If it all goes south, que sera sera.
    Lucky you. Airlines down 30% on average today. Must be down by almost 50% since you bought two and a half days ago?
    Someone who lies about the little things will lie about the big things too.

  6. #6
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    Quote Originally Posted by Raffe View Post
    Lucky you. Airlines down 30% on average today. Must be down by almost 50% since you bought two and a half days ago?
    Double down PC?

  7. #7
    Grand Master Raffe's Avatar
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    Quote Originally Posted by Montello View Post
    Double down PC?
    When in trouble, double.
    Someone who lies about the little things will lie about the big things too.

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