$25 stock SWA smelling blood

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03-13-2020 | 04:47 PM

#151

5and20

Gets Weekends Off

Joined: Dec 2019

Posts: 131

Likes: 0

Quote:

Originally Posted by SlimBob

You must be fun to fly with.

I’ll be a lot funner to fly with an a guy that was bragging how he loaded up at $25 a share

03-13-2020 | 04:59 PM

#152

SlimBob

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Joined: Nov 2019

Posts: 236

Likes: 1

Quote:

Originally Posted by 5and20

I’ll be a lot funner to fly with an a guy that was bragging how he loaded up at $25 a share

I don't think stock pricing has ever led an interesting conversation at FL350.

03-13-2020 | 05:04 PM

#153

Stryker172

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Joined: Mar 2013

Posts: 464

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From: C-172

Quote:

Originally Posted by CLE to IAH

my cost basis is currently down to $21 but I’m not happy about it. I’m ready for this to start correcting. I’d be thrilled not to bring it down any further because that would mean it’s returning to normal

Market seems to take the elevator down and the stairs back up but it always comes back up.

03-13-2020 | 05:07 PM

#154

Stryker172

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Joined: Mar 2013

Posts: 464

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From: C-172

Quote:

Originally Posted by Excargodog

Nope. Seems like you missed the bottom:

Darn. That's what I get for not consulting my crystal ball. Maybe I can borrow yours.

03-13-2020 | 05:10 PM

#155

Excargodog

Perennial Reserve

Joined: Jan 2018

Posts: 14,248

Likes: 257

Quote:

Originally Posted by Stryker172

Darn. That's what I get for not consulting my crystal ball. Maybe I can borrow yours.

Nope I pretty much do index-500 funds. No crystal ball needed.

03-13-2020 | 05:24 PM

#156

putzin

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Joined: Jun 2006

Posts: 1,600

Likes: 33

Quote:

Originally Posted by 5and20

thanks I needed a laugh. You think this is the bottom. Italy just had 250 people die in one day, including its health minister.

next we will start testing millions. That when the panic starts. The bottom will be sub 5

Most of Italy's dead are 80-90 year olds. Oldest population in Europe.

https://www.scientificamerican.com/article/why-deaths-from-coronavirus-are-so-high-in-italy/

Bad data, bubba.

03-13-2020 | 05:29 PM

#157

hockey27

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Joined: Jun 2018

Posts: 41

Likes: 0

Quote:

Originally Posted by Excargodog

Nope I pretty much do index-500 funds. No crystal ball needed.

https://money.cnn.com/2018/02/24/investing/warren-buffett-annual-letter-hedge-fund-bet

Warren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.

His pick, the S&P 500 (OEX), gained 125.8% over ten years. The five hedge funds, picked by a firm called Protégé Partners, added an average of about 36%. The names of the funds were not disclosed. The hedge funds "got off to a fast start, each beating the index fund in 2008. Then the roof fell in," Buffett said. The S&P 500 won every year after.
It’s tough to beat the market

03-13-2020 | 05:50 PM

#158

5and20

Gets Weekends Off

Joined: Dec 2019

Posts: 131

Likes: 0

Quote:

Originally Posted by putzin

Most of Italy's dead are 80-90 year olds. Oldest population in Europe.

https://www.scientificamerican.com/article/why-deaths-from-coronavirus-are-so-high-in-italy/

Bad data, bubba.

yeah no old people in the US. There will be furloughs in the airline industry. It’s not if but when.

Last edited by 5and20; 03-13-2020 at 06:03 PM.

03-13-2020 | 06:45 PM

#159

SlimBob

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Joined: Nov 2019

Posts: 236

Likes: 1

Quote:

Originally Posted by 5and20

yeah no old people in the US. There will be furloughs in the airline industry. It’s not if but when.

https://nypost.com/2019/08/27/cheer-up-being-a-downer-could-knock-years-off-your-life-study/?utm_source=url_sitebuttons&utm_medium=site%20butt ons&utm_campaign=site%20buttons