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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 05-14-2020, 10:06 AM   #4816
lewdog lewdog is offline
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No price is cheap for bankrupt companies
Only airline stock I’d consider is LUV. Best financials of the bunch.

Still just considering though...
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Old 05-14-2020, 10:11 AM   #4817
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I thought I was really sly buying these when they were down ~60% from pre-covid. I guess the right answer is "buy more," but like someone just said.. I don't want to be holding 50 shares of a bankrupt company.
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Old 05-14-2020, 10:11 AM   #4818
DaFace DaFace is offline
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No price is cheap for bankrupt companies
I took a $100 spin on the roulette wheel with Movie Pass (HMNY) after it dropped from a high of ~$5,000 to $1 or so just in case someone decided to buy them out or whatever.

I gave up a few months later when it had dropped to half of that. It's currently worthless.
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Old 05-14-2020, 10:15 AM   #4819
petegz28 petegz28 is offline
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Originally Posted by lewdog View Post
Only airline stock I’d consider is LUV. Best financials of the bunch.

Still just considering though...
I wouldn't buy that even if you gave me the $ to do so. Right now you'd get more value out of wiping your ass with the money you would spend on an airline stock, LUV or otherwise.

LUV's chart is the epitome of a falling knife.
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Old 05-14-2020, 10:17 AM   #4820
petegz28 petegz28 is offline
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Originally Posted by lewdog View Post
Only airline stock I’d consider is LUV. Best financials of the bunch.

Still just considering though...
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Originally Posted by petegz28 View Post
I wouldn't buy that even if you gave me the $ to do so. Right now you'd get more value out of wiping your ass with the money you would spend on an airline stock, LUV or otherwise.

LUV's chart is the epitome of a falling knife.
however, I'll throw you a bone....I do see a potential indicator that LUV might be getting close to a trading bottom.
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Old 05-14-2020, 10:20 AM   #4821
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I wouldn't buy that even if you gave me the $ to do so. Right now you'd get more value out of wiping your ass with the money you would spend on an airline stock, LUV or otherwise.

LUV's chart is the epitome of a falling knife.
For the record, I will gladly invest in any stock if someone wants to give me the money to do so. This is a burden I'm willing to bear.
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Old 05-14-2020, 12:16 PM   #4822
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For the record, I will gladly invest in any stock if someone wants to give me the money to do so. This is a burden I'm willing to bear.
Me too. If you’re needing to diversify
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Old 05-14-2020, 12:22 PM   #4823
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Me too. If you’re needing to diversify
Looking for ideas on what to short.

Might as well stick my dick in the fire with heavy leverage while I can, you know?
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Old 05-14-2020, 12:33 PM   #4824
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Only airline stock I’d consider is LUV. Best financials of the bunch.

Still just considering though...
I dipped into Delta yesterday. Decent financials and significantly discounted compared to southwest.
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Old 05-14-2020, 12:38 PM   #4825
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I bought some AAL at 10.........Macys red tag sale baby. As I type this it is at 8.9.......I`m going in for more.
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Old 05-14-2020, 12:41 PM   #4826
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AAL will either merge away or go bankrupt imo.
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Old 05-14-2020, 12:51 PM   #4827
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AAL will either merge away or go bankrupt imo.
It`s possible.......I`m not a "real" investor which is why most of my investments are handled by people smarter than myself. During this SIP the last 8 weeks Ive been buying some stocks with play money that I can afford to lose. Just having fun.

I`ve dabbed in:

AAL
IBIO
VTVT

and have several others on my watch list....
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Old 05-14-2020, 01:01 PM   #4828
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Well I am long Boeing, so clearly I am no pro lol
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Old 05-14-2020, 01:13 PM   #4829
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Well I am long Boeing, so clearly I am no pro lol
I mean it's not like Congress is going to let one of the last domestic military aircraft manufacturers go tits up.
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Old 05-14-2020, 01:30 PM   #4830
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Looking for ideas on what to short.

Might as well stick my dick in the fire with heavy leverage while I can, you know?
Hell, the way my spring is ****ing going, short corn and wheat.
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