Anybody taking advantage of Coronavirus?

Discussion in 'Business, Investing & Finance' started by ThreatMatrix, Feb 29, 2020.

  1. bradgator2

    bradgator2 Rioting
    Lifetime Member

    Joined:
    Jun 12, 2014
    Messages:
    7,371
    Oxbucks:
    $6,908
    Ratings:
    +14,973 / -123
    Got in on some RCL this morning at $47.40
     
  2. Detroitgator

    Detroitgator Well-Known Member
    Lifetime Member

    Joined:
    Jul 15, 2014
    Messages:
    18,539
    Oxbucks:
    $13,330
    Ratings:
    +21,652 / -166
    I'm still playing short ETFs on sectors, but if your time horizon for the RCL is long, yes, I definitely think they'll all recover eventually. I'll remain "pessimistic" (and short) through the regular flu season. I think if it dies out along with the regular flu at the end of the season, that's when we'll see a lot of these things bottom out and start moving back in the other direction. I think airlines and hotels are likely to recover price quicker than cruiselines as they aren't just slaved to discretionary/vacation spending.
     
  3. FireFoley

    FireFoley Senior Member
    Lifetime Member

    Joined:
    Nov 19, 2014
    Messages:
    4,848
    Oxbucks:
    $4,865
    Ratings:
    +6,821 / -405

    That is awesome patience, regardless of where it goes from here. Many were pulling trigger from 80's on down. Hope it works out. Heard some talk about admin trying to help out cruise lines/airlines etc. Then just heard something about giving some type of aid to the shale companies b/c of the Saudi/Russia spat. I am extremely leery of government help to companies of this nature b/c run the risk of becoming state owned/controlled enterprises even tho they would be called private.
     
    • bradgator2

      bradgator2 Rioting
      Lifetime Member

      Joined:
      Jun 12, 2014
      Messages:
      7,371
      Oxbucks:
      $6,908
      Ratings:
      +14,973 / -123
      Taxpayer money... make it rain! lol

      I'm with you though... this idea of government help make me nauseous. It went down to another 15% from the time I bought it, right up until the news you speak of. Then boom.
       
    • AugustaGator

      AugustaGator Junior Member
      Lifetime Member

      Joined:
      Jun 12, 2014
      Messages:
      20,968
      Oxbucks:
      $6,618
      Ratings:
      +9,002 / -375
      I think they are doomed long term.
       
    • itsgr82bag8r

      itsgr82bag8r Political Forum Fire Starter
      Lifetime Member

      Joined:
      Jun 11, 2014
      Messages:
      21,264
      Oxbucks:
      $18,015
      Ratings:
      +25,772 / -277
      We all are.
       
    • bradgator2

      bradgator2 Rioting
      Lifetime Member

      Joined:
      Jun 12, 2014
      Messages:
      7,371
      Oxbucks:
      $6,908
      Ratings:
      +14,973 / -123
      whoops :lol:
       
      • Detroitgator

        Detroitgator Well-Known Member
        Lifetime Member

        Joined:
        Jul 15, 2014
        Messages:
        18,539
        Oxbucks:
        $13,330
        Ratings:
        +21,652 / -166
        I was joking about it last night, but now it would just be piling on. Like I said, I'd just keep powder dry through the regular flu season until we see how the actual virus effects shake out, let alone how the reaction (rational or irrational) to it shakes out. None of us will time the bottom, but if we miss the first solid up of 5 or even 10% (which won't happen in a day or two of trading), big deal. Just remember, if you lose 50%, you have to then make 100% just to get to break even!
         
      • bradgator2

        bradgator2 Rioting
        Lifetime Member

        Joined:
        Jun 12, 2014
        Messages:
        7,371
        Oxbucks:
        $6,908
        Ratings:
        +14,973 / -123
        It's not like I am really worried about it. I'm in it for the long haul baby!
         
        • wrpgator

          wrpgator Well-Known Member
          Lifetime Member

          Joined:
          Sep 6, 2019
          Messages:
          4,710
          Oxbucks:
          $12,136
          Ratings:
          +15,575 / -155
          All the financial markets are in a free-fall.

          Are you a Seller, Buyer or Holding on?
          I am starting to buy into this correction via dollar cost averaging.
          Nobody knows where the bottom will be, but it is event driven. Historically, event driven bottoms are "V" shaped with a sharp upward trend when thinking becomes normalized again.

          Buyer.
           
        • AugustaGator

          AugustaGator Junior Member
          Lifetime Member

          Joined:
          Jun 12, 2014
          Messages:
          20,968
          Oxbucks:
          $6,618
          Ratings:
          +9,002 / -375
          Will be a buyer here shortly. Gathering cash and strategy.
           
          • maheo30

            maheo30 WiLLLLLLLie! WiLLLLLLLie!
            Lifetime Member

            Joined:
            Jul 24, 2014
            Messages:
            7,614
            Oxbucks:
            $12,545
            Ratings:
            +16,686 / -215
            This. Just putting things together.
             
          • Detroitgator

            Detroitgator Well-Known Member
            Lifetime Member

            Joined:
            Jul 15, 2014
            Messages:
            18,539
            Oxbucks:
            $13,330
            Ratings:
            +21,652 / -166
            I wouldn't be gauging the decision on a chart of the markets, but a chart of the cases
             
          • NVGator

            NVGator Member
            Lifetime Member

            Joined:
            Jun 11, 2014
            Messages:
            11,914
            Oxbucks:
            $8,984
            Ratings:
            +14,184 / -657
            Well...?
             
          • NVGator

            NVGator Member
            Lifetime Member

            Joined:
            Jun 11, 2014
            Messages:
            11,914
            Oxbucks:
            $8,984
            Ratings:
            +14,184 / -657
            30.27 now.
             
          • AugustaGator

            AugustaGator Junior Member
            Lifetime Member

            Joined:
            Jun 12, 2014
            Messages:
            20,968
            Oxbucks:
            $6,618
            Ratings:
            +9,002 / -375
            Well I may miss the boat.

            ..But by midafternoon in Hong Kong, S&P 500 futures had added roughly 2%, suggesting U.S. equities could claw back some ground later Friday. Stock markets across the region either trimmed losses or moved into outright positive territory.

            U.S. Futures Rise as Asian Selloff Fades
             
          • 78

            78 Dazed and Confused
            Lifetime Member

            Joined:
            Jun 9, 2014
            Messages:
            17,435
            Oxbucks:
            $15,671
            Ratings:
            +22,258 / -1,193
            You may not have. There’s more bad news to come. Investors will sell into it. They shouldn’t, but they will. Fear of the unknown. There’s a bottom out there linked to the psychology of fear. It’s coming.
             
          • daytonacane

            Joined:
            Jun 2, 2015
            Messages:
            851
            Oxbucks:
            $1,368
            Ratings:
            +1,734 / -43
            Awaiting Disney stock to hit 79. Just bought some Gilliad (GILD) stock. Company out of CA that produced product to improve respiatory problem initially with HIV but is being used on Coronavirus - not as a cure, but to help with respiatory problems associated with the virus..
            Maybe we should all invest in toilet paper....
             
          • Concrete Helmet

            Concrete Helmet Hook, Line, and Sinker
            Lifetime Member

            Joined:
            Jul 29, 2014
            Messages:
            14,811
            Oxbucks:
            $8,747
            Ratings:
            +14,344 / -1,055
            There are going to be boatloads of opportunity as I see it.....wait till we start making our own aspirin and meds again along with plenty of other goods in the near future....I don't have a problem with waiting a month or so but I think it takes off sooner than later...
             
          • Thought Criminal

            Thought Criminal Well-Known Member

            Joined:
            Jul 31, 2018
            Messages:
            248
            Oxbucks:
            $641
            Ratings:
            +686 / -25
            Curious if there are any technical charters in this little corner of the world with thoughts on recent market action? Have we seen capitulation? Today hinted at it, but not blowout volume. Would love any opinions.

            Biggest risk of upside (in terms of missing the bottom) would probably be a Trump announcement of some sort of Federal business interruption insurance or the like... wary of trying to catch a falling knife here, but the market is crazy irrational right now and that's fun for trading.

            For anyone following the market closely, what signs are you looking for? I want to see desperation, maybe a 13%-15% day with two circuit breakers hit and massive volume and all the talking heads telling you there's no hope and you should basically go jump out of buildings. Even down 3k today, not sure we've seen that level of desperation.
             

          Share This Page

          The Box

          Help

          You don't have the necessary permissions to use the chat.

            1. There are currently no users chatting.
              • About Us

                Our community sprung up when the Gatorsports message board was shut down in the summer of 2014. We pride ourselves on offering Gator-biased, yet critical discussion among people of all different backgrounds. We are working every day to make sure our community is the best Gator message board you will find.
              • Like us on Facebook

              • Buy us a Zima!

                The management works very hard to make sure the community is running the best software, best designs, and all the other bells and whistles. Care to buy us a non-alcoholic Zima? We'd really appreciate it! Just click the "Donate" tab at the top of the page.