what a coincidence that we seamlessly went from lockdowns to curfews, another coincidence that "george floyd" is an anagram for "edge of glory" (moment of death)
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well the media has to tell you that "it is spreading like wildfire in the south" because in democrat-cities the narrative went from pandemic lockdowns to riot curfews... the south was starting to have some good old redneck fun again, weddings, get togethers, picnics, don't forget... fun is outlawed!
what a coincidence that we seamlessly went from lockdowns to curfews, another coincidence that "george floyd" is an anagram for "edge of glory" (moment of death)Comment -
i think there's still some great opportunities in corporate debt/preferred stocks... a lot of those paying 8-12% or so... more protection than the common with the same kind of long-term return
secured amc bonds, the newer cruise bonds, those are paying 12% (with some risk of course, but way less risk than the older bonds and especially the common stock)... you can find bank preferreds and safer stuff paying 8%Comment -
no, i'm talking about buying bonds or preferred stocks in companies... for example if you think ford will survive, you can buy ford's preferred stock and get about 8%/year return... if they fail you still get something (when gm went bankrupt the preferred's got about 1/2) unlike the common stock where you usually get nothing
a lot of banks have the same thing, a common stock and a preferred stock. yes if clo's crash the banking industry those would be in trouble, but we're all pretty doomed at that point anyway
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We need to remember that if there's a bankruptcy, the preferred stock won't be paid off until the creditors are paid, and if you can't pay off all of the creditors, the preferred and common stockholders get nothing.no, i'm talking about buying bonds or preferred stocks in companies... for example if you think ford will survive, you can buy ford's preferred stock and get about 8%/year return... if they fail you still get something (when gm went bankrupt the preferred's got about 1/2) unlike the common stock where you usually get nothing
a lot of banks have the same thing, a common stock and a preferred stock. yes if clo's crash the banking industry those would be in trouble, but we're all pretty doomed at that point anyway
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Bite your tongue. Mom has 812 shares of F. Tried to talk her in selling but that was no go.no, i'm talking about buying bonds or preferred stocks in companies... for example if you think ford will survive, you can buy ford's preferred stock and get about 8%/year return... if they fail you still get something (when gm went bankrupt the preferred's got about 1/2) unlike the common stock where you usually get nothing
a lot of banks have the same thing, a common stock and a preferred stock. yes if clo's crash the banking industry those would be in trouble, but we're all pretty doomed at that point anyway
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Looks like a bloodbath tomorrow...Comment -
absolutely
but preferred stockholders usually get something... and when a company stops paying a preferred dividend, it counts as a default (and they still owe it, those are cumulative)... so usually unless a company goes bankrupt soon you're at least made close to whole on the preferred... my problem is i have way too much exposure on the hotel side, i should've sold some of those a few days ago before this big takedown
today looks really ugly in the "back to normal" trade, all because a few fearmongers use a spike in the south (based on people being INSIDE due to the heat) to blame the end of lockdownsComment -
Holding AMZN, TSLA, GOOGL, MSFT and INTC.
After reading some suggestions, keeping an eye on DKNG, LEO.ST, EA and TSGI.TOComment -
OMG. XSPA. Figures. I sold my stock and that happens. I'm sick to my stomach. I saw that news yesterday of the split and got the hell out.Last edited by navyblue81; 06-11-20, 07:28 AM.Comment -
here come buying opportunities for those who have FOMO and missed the big run upComment -
Could be. I think it will be more of a roller coaster effect for a little while where it goes up and down with more downs than up.
By the way, did purchase 12 shares of MRNA this morning. One stock with some good news. Moving forward on final phase of vaccine testing. Got it at 61. Up to 64 now.Last edited by navyblue81; 06-11-20, 08:39 AM.Comment -
Looking at analyst buy ratings, the top buys right now are Alibaba, Amazon, Viking, Moderna, Microsoft, DKNG, Plug Power, and VIS. Saw good news on Alibaba today.Comment -
gonna be bad a couple weeks
they are shaking out the speculative excess.
rest of this month no good overallComment -
Just holding. No weak hands here.Comment -
Anxious to see how this Moderna trial goes. I’m hoping I’ve got a lottery ticket here. If it passes, you will see a major explosion on that stock. They’re entering into phase 3.Comment -
gnus offering another 60 million shares? there are only 96 million shares to begin with
all the recent pump-and-dumps are really getting slaughteredComment
