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Originally Posted by Pass it on
(Post 2992312)
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow. And the games begin, hold on to your seats.... If the Summer Olympics get cancelled it's game over for us... Fly Safe The FEAR is strong in this one.... FS, FP & FtC Motch |
Originally Posted by Pass it on
(Post 2992312)
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow. And the games begin, hold on to your seats.... If the Summer Olympics get cancelled it's game over for us... Fly Safe |
Originally Posted by Sniper66
(Post 2992269)
1200 points down and oil 34 dollars per barrel
my guess At the risk of sounding alarmist, 20 dollar oil is a major destabilizing event. There are some smaller countries whose economies depend on oil. Think Venezuela, Nigeria, and others to a lesser degree like Mexico, Norway, and of course Texas. If you were around the last time oil crashed, it was very ugly. I remember entire neighborhoods in Houston with newer empty homes that could be bought for a dollar down. I bought one. I pray this doesn’t last, but this kind of thing takes on a life of it’s own, and at no time in history has there been a 24/7 mass media fanning the panic like a blast furnace, or a such a polarized political landscape where one party seems to want the country to stumble to defeat the other party. Corona or whatever the illness may be causing people to be afraid (warranted or not), to travel, trade and be entertained, could cause a technical recession. How crazy is that? Unemployment is lowest in decades, money is cheap to borrow, inflation is lowest in years. What could be better for working Americans? I lay blame for much of this on the mass news media. |
Originally Posted by Pass it on
(Post 2992312)
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow. And the games begin, hold on to your seats.... If the Summer Olympics get cancelled it's game over for us... Fly Safe |
Originally Posted by BMEP100
(Post 2992319)
My stock market crystal ball is broke, but I can watch the commodities market. WTI is at 28 dollars right now. Opec talks failed and Saudis walked out and have started a price war. Russia has responded by saying they would open the spigots. Goldman Sachs is saying WTI could be near $20 dollars very soon.
At the risk of sounding alarmist, 20 dollar oil is a major destabilizing event. There are some smaller countries whose economies depend on oil. Think Venezuela, Nigeria, and others to a lesser degree like Mexico, Norway, and of course Texas. If you were around the last time oil crashed, it was very ugly. I remember entire neighborhoods in Houston with newer empty homes that could be bought for a dollar down. I bought one. I pray this doesn’t last, but this kind of thing takes on a life of it’s own, and at no time in history has there been a 24/7 mass media fanning the panic like a blast furnace, or a such a polarized political landscape where one party seems to want the country to stumble to defeat the other party. Corona or whatever the illness may be causing people to be afraid (warranted or not), to travel, trade and be entertained, could cause a technical recession. How crazy is that? Unemployment is lowest in decades, money is cheap to borrow, inflation is lowest in years. What could be better for working Americans? I lay blame for much of this on the mass news media. |
Originally Posted by webecheck
(Post 2992318)
Omg dude, are you always this clueless? The good thing about crude dependent businesses is that when things go south so does our biggest expense. It's when oil and demand go in opposite directions that you should really get worried.
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When and where are the results posted for the SRLs?
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Originally Posted by Skip0927
(Post 2992720)
When and where are the results posted for the SRLs?
I was told on another thread that 100% of the people exposed to the coronavirus will catch it. :eek::rolleyes:
Originally Posted by Cloud5urfer
(Post 2992725)
Um yes, 100% of people exposed would get it. And that's what's happening. To prevent exposure, countries like Italy and China are having to quarantine extremely large groups of people so they don't catch it, and continue to spread it.
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Originally Posted by Andy
(Post 2992733)
I was told on another thread that 100% of the people exposed to the coronavirus will catch it. :eek::rolleyes:
Now that’s funny right there! 😂😂😂😂😂😂 |
Originally Posted by Pass it on
(Post 2992312)
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow. And the games begin, hold on to your seats.... If the Summer Olympics get cancelled it's game over for us... Fly Safe |
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