Stock Market/Investing

[Hawkeye OG]

If I was investing in car manufacturers, I’m making damn sure they are clear on their long term strategy and preferably have already heavily invested in electric

 

[MDB111™]

Ford is hella cheap. Around 9% with that dividend now. Goddamn i may buy some, but I don't think the slide is over.

I have a pretty longterm position in F. They raise the dividend and the share price steadily tanks for a decade. I started my position way back when they were 13.50 per share and have dripped all the way. I buy back in here and there and I have a sizeable amount of shares but am several thousand in the hole.
I am waiting and praying it pops to 18 to 20 per share and I am bouncing TF out of it!

 

[knoxville7]

Didn't their CEO just step down? I live bt the relatively new MGM casino in National Harbour and that bad boy rakes in the dough.

He is stepping down once a successor has been selected. Shares jumped on the news to $33 and change...now they are just under $27. I got in just over $27.

 

[MDB111™]

I just don’t trust Ford is a company worth investing in, no matter how cheap it gets. That dividend is a trap used to lure investors because they know the company isn’t going to deliver results to justify owning the stock otherwise

Yup,but ya gotta figure it's Ford and they won't ever go belly up.
Remember when Dominoes got to 3 bucks a share? That fucker is 366.00 per share now!!!
I hope Ford can get back to 40s or so but I am gone by 20.00!
Ive been in just about a decade and have a ton of shares and a ton of debt.
Ford sucks. And you are spot on IMO.

 

[MDB111™]

He is stepping down once a successor has been selected. Shares jumped on the news to $33 and change...now they are just under $27. I got in just over $27.

Could be a quick 10% but I don't know squat about MGM. I just briefly looked at their 6 month chart and it looks like a classic cup and handle if it goes to anywhere near 29.00 in the next day or two.

 

[DaaBears]

Personally, I think the whole Bernie winning = stock market collapse thing is overblown. Certain sectors could see declines(financial/healthcare come to mind), but overall I wouldn’t anticipate much changing. He will still have Moscow Mitch running the senate to prevent anything from actually happening.

Two of the biggest players on Wall Street , Jeff Gundlach and Leon Cooperman both came out today and said that Sanders is a much greater risk to the stock market than coronavirus, and attribute this week's market decline to Sanders rising in the polls and primaries, along with coronavirus.

 

[knoxville7]

Two of the biggest players on Wall Street , Jeff Gundlach and Leon Cooperman both came out today and said that Sanders is a much greater risk to the stock market than coronavirus, and attribute this week's market decline to Sanders rising in the polls and primaries, along with coronavirus.

Yep, I saw gundlach say that. I think it’s a bit ridiculous to attribute this massive decline in part to Bernie, though. Gundlach is certainly looking out for his

 

[knoxville7]

Could be a quick 10% but I don't know squat about MGM. I just briefly looked at their 6 month chart and it looks like a classic cup and handle if it goes to anywhere near 29.00 in the next day or two.

Yeah, although I feel like the virus has thrown a wrench into technicals. It was mostly a value buy due to it being so much cheaper than the rest of the market, and pays a dividend

 

[knoxville7]

The worst week for stocks since the financial crisis in 2008 now with the additional dropping today

 

[Burque]

... bear down.

 

[Hawkeye OG]

The worst week for stocks since the financial crisis in 2008 now with the additional dropping today

Thanks alot, Obama

 

[Burque]

Thanks alot, Obama

Fucking Obama....

 

[Hawkeye OG]

@Omeletpants how's your portfolio doing? Or do you have to check with your 'Money Manager'?

 

[MDB111™]

@Omeletpants how's your portfolio doing? Or do you have to check with your 'Money Manager'?

His money manager is probably sitting is his Fake Audi inside of Omelets fake estate garage with the motor on.


RIP Omelets 401K

 

[ijustposthere]

Wish I had significant money to invest at the moment. Unfortunately, I'm not even a fake internet millionaire.

 

[MDB111™]

Wish I had significant money to invest at the moment. Unfortunately, I'm not even a fake internet millionaire.

Start with small amounts. Many good brokers have comissions free trades.
You keep that up and you will see your fake bank get swole.

 

[TL1961]

I’m not going to pretend to know one way or another. I tend to listen to Buffett, though...love when stocks go down if you’re a long term investor...it’s a chance to buy more at a lower cost. Obviously, if you load up on a dip and it continues to drop...it can hurt in the short term...but in 20 years, if you’ve invested in well run companies...you’ll be up

It’s a chance to buy more IF you had your money earning 1% prior to the dip. If you had your money in the market, you took the hit.

 

[TL1961]

Trump just asked for 2.5B of extra funding for fighting this virus. DUH

As a PR stunt. He had made cuts and proposed further cuts.
Get your head out of your ass.

 

[TL1961]

FIXED

You keep your car at the dealership?

Do you keep your furniture in the store, too?

And your refreshments in the vending machine?

 

[MDB111™]

You keep your car at the dealership?

Do you keep your furniture in the store, too?

And your refreshments in the vending machine?

I wish he'd keep his thoughts in his head...