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03-11-2020, 01:50 PM | #3976 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Dead cat bounce.
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Posts: 46,182
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03-11-2020, 01:53 PM | #3977 |
In Search of a Life
Join Date: Jul 2009
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Posts: 83,359
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03-11-2020, 01:58 PM | #3978 |
I'll be back.
Join Date: Nov 2002
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IBIO is up 15% today
might be time to buy back in |
Posts: 291,119
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03-11-2020, 01:58 PM | #3979 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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I just pulled the trigger and bought back in to 13 stocks. I'm not trying to make a quick buck I'm going to try and hold these stocks for the long hall. I put $1,500.00 in each and plan to add to those holdings as I go forward ending up with about $5,000.00 invested in each. This portfolio will consist of AMD, Chipotle, DocuSign, DDD, LULU, Micron, NVDA, RAMBUS, T, TSN, TSLA, V and Zillow.
Now all you guys and your friends buy the shit up! |
Posts: 15,786
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03-11-2020, 01:59 PM | #3980 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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Posts: 144,041
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03-11-2020, 02:02 PM | #3981 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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lol at thinking we're anywhere near the bottom.
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Posts: 44,462
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1 0 |
03-11-2020, 02:13 PM | #3982 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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I know but it's impossible to time so I'm good if the stocks I just bought go down that's when I'll add to those holdings. I can see a scenario where as warmer weather comes on the virus subsides and then as it becomes clear that Trump is going to be re-elected the market will run all the way back up to where it was and then pop 30,000 ….
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Posts: 15,786
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03-11-2020, 02:42 PM | #3983 |
MVP
Join Date: Jan 2015
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Curious where you guys feel the bottom is for the S&P and when?
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Posts: 6,821
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03-11-2020, 02:46 PM | #3984 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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I'm sure I'm missing something here, but correct my logic. Let's say that this has a mortality rate of 1 percent or 3 percent or 6 percent. Isn't the long-term impact on the economy 1 or 3 or 6 percent? And we're down 20 percent in the market now?
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Posts: 144,041
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03-11-2020, 02:50 PM | #3985 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Posts: 44,462
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03-11-2020, 02:57 PM | #3986 |
I'll be back.
Join Date: Nov 2002
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Posts: 291,119
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03-11-2020, 03:00 PM | #3987 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Posts: 44,462
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03-11-2020, 03:03 PM | #3988 | |
MVP
Join Date: Mar 2004
Location: Helena, MT
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Quote:
More importantly, the market prices in anticipated future growth, and the factors are multiplicative over time. You would have to develop models assuming the loss of 1-3% production and consumption, plus the loss of production from quarantines and sick workers. Net present value of cash flows are drastically reduced given supply chain disruption, changes in consumer behavior and reduced growth forecasts. What is the difference in the net present value of an investment with an 8% return and a 5% return, all other things equal? Then factor in changes to profit margin, reduced volume due to supply chain reduction? It also makes overhead a much bigger deal, turning profitable companies unprofitable. The multiplicative nature of the factors leaves a lot of room for downward movement, Imo. But I am a pessimist by nature, so maybe factor that into your decision making process. |
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Posts: 18,641
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03-11-2020, 03:48 PM | #3989 |
2 Legit 2 Colquitt
Join Date: Sep 2010
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I have to stop checking my Robinhood account. It only goes up when I'm not looking at it.
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Posts: 4,779
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03-11-2020, 04:08 PM | #3990 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
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Posts: 58,687
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