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04-01-2020, 12:17 PM | #4366 |
Starter
Join Date: Apr 2010
Location: in a cave
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Yep. I've already staked my bets. Darden along with Texas Roadhouse, Bloomin Brands, and a handful of other well established casual dine in/carry out chains in the sector. I, like you am seeing a scenario where a considerable number of smaller offerings could go bankrupt. But my thinking is that a good number of the larger non pizza or fast food chains that are getting pounded right now are going to survive. I'm expecting a fair share of volatility and some short term losses until the market as a whole starts to see some light at the end of the tunnel. Like I mentioned , I've been wrong before. But that's the way I am seeing it. |
Posts: 924
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04-01-2020, 01:41 PM | #4367 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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When will the integration to Schwab be completed?
I hated when TD bought Scottrade. I hope they create another Scottrade. It was the best and most concise online brokerage. TD Ameritrade was so ****ed up with too many bells and whistles and overkill. I wanted to create my own simple layout and it was just a ****ing eyesore on what they made you have on your home page. I have Wells Fargo now and it sucks, so far behind the times. |
Posts: 52,239
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04-01-2020, 09:22 PM | #4368 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Now is not the time to get foolish. Let's talk about long term investing in sound companies. Here's my current list of positions I'm looking to add during this downturn for long term growth.
Johnson and Johnson Visa McDonald's Apple Catepillar (I question having this included) Nike Honeywell Companies you'd add? |
Posts: 46,088
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04-01-2020, 09:28 PM | #4369 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Why are you questioning Cat?
Are their financials bad? |
Posts: 57,742
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04-01-2020, 09:35 PM | #4370 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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I'd throw in:
Ardent Mills - ****asses are hoarding flour. Wheat price took a shit today. Things are looking up in the short term. Probably Tyson and Con Agri. Packer margins are at record highs. After the ****ery lets loose they should figure it out. |
Posts: 57,742
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04-02-2020, 07:39 AM | #4371 |
Rookie
Join Date: Sep 2019
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Amazon, Google, Microsoft, Apple
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Posts: 25
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04-02-2020, 08:23 AM | #4372 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Quote:
Source
Spoiler!
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Posts: 43,998
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04-02-2020, 09:23 AM | #4373 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Aww hell. Nobody thought of that huh?
Speaking of hedges, I got out of my wheat spread and my hedges are all making money now. |
Posts: 57,742
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04-02-2020, 09:30 AM | #4374 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Quote:
So today has been fun. |
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Posts: 43,998
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04-02-2020, 09:34 AM | #4375 | |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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Quote:
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Posts: 14,404
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04-02-2020, 09:42 AM | #4376 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,749
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04-02-2020, 10:11 AM | #4377 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Last year I had enough margin calls. I got whipsawed on a bunch of hedge positions, because I thought I knew what I was doing. Ended up fine because I still had the physical, but mother****er, approving those ACHs are ass. I've had enough (As I sit here with a bunch of hedges through contracts on LOL). Side story that probably only I think is funny, but I talked to an old guy I bought this sprayer from. Got a call from my broker. On call. Whatever, approve the ACH. He told me he had cattle hedged in the 80s, whatever year the market was limit down for something reeruned like 12 days in a row or something ****ing horrific. Anyway he told me the secretary for the broker would always call at the same time and had some cringey voice that was like nails on a chalkboard, "STAN, you're on call again today." I'll probably never forget the face he made. I laughed for days about that. But yeah, that cattle market in the 80s. Those guys were tough sons of bitches. Paying ridiculous interest and daily limit margin calls. |
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Posts: 57,742
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04-02-2020, 12:56 PM | #4378 |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
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Posts: 17,387
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04-02-2020, 03:27 PM | #4379 |
Veteran
Join Date: Jan 2017
Location: Orlando, FL
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Anyone venturing into the Airlines? or am I the only idiot?
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Posts: 3,231
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04-02-2020, 03:30 PM | #4380 |
Veteran
Join Date: Jan 2017
Location: Orlando, FL
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Posts: 3,231
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