Stocks

I do see some making money but more loosing.

CT, I'm not going to argue about Boeing. Their balance sheet looks like complete shit. You don't buy stocks in companies with horrible cash flows and are laying off workers left and right. But hey, it's your money, fuck if I care whether you want to waste it. What the fuck do I know though? I'm only an investment banker who is a CPA and CFA with a series 7 and 63 license so I really don't actually know that much about stocks to avoid.

CT, I'm not going to argue about Boeing. Their balance sheet looks like complete shit. You don't buy stocks in companies with horrible cash flows and are laying off workers left and right. But hey, it's your money, fuck if I care whether you want to waste it. What the fuck do I know though? I'm only an investment banker who is a CPA and CFA with a series 7 and 63 license so I really don't actually know that much about stocks to avoid. Originally Posted by Lucas McCain

If you really were an investment banker you would know that universal statements about never investing in a company are truly ridiculous because at the right price anything could be a good investment, even if they do not all work out. Often companies that lay off workers get a bump in the stock price because going forward - in the view of the market - the slimmed down company is a more rational going concern with a reduced cost structure - and that is almost universally understood even among amateur investors.

(As for Boeing, haven't you even ever heard of the concept of "oversold"? Geeeezzz)

AAMRQ had an absolutely pathetic balance sheet but some people bought at below $0.50 per share and made a fortune when US Air merged with them.

Someone buying stock in the right biopharmaceutical company at the beginning of the pandemic, such as MRNA, has also hit the jackpot - and MRNA has never made a profit or gotten a medicine all the way to the market as a FDA approved treatment yet!

But as I posted before, I’m very bearish on BA. Tons of orders are going to be cancelled. Originally Posted by TexTushHog

and as I posted before, you and others being bearish on Boeing is a BULLISH sign. a 26% gain in 3 weeks is pretty good, I think.

What the fuck do I know though? I'm only an investment banker who is a CPA and CFA with a series 7 and 63 license so I really don't actually know that much about stocks to avoid. Originally Posted by Lucas McCain

really? who knew you were so educated?

I notice you didn't challenge my general statement, basically "you snooze you lose", if you have sat out the past 2 months of this Market.

AAMRQ had an absolutely pathetic balance sheet but some people bought at below $0.50 per share and made a fortune when US Air merged with them.
Originally Posted by friendly fred

indeed.. I know a guy who bought in at .63, I would have been super pleased to get in at $5!

If you’re investing in stocks with a three week time horizon, any stock can be a winner or a loser. You're not investing, you’re gambling. I look at time horizons of at least five years. Sure, sometimes I’m wrong and well before the time, but I look to the moderate term five year range when making decisions.

and as I posted before, you and others being bearish on Boeing is a BULLISH sign. a 26% gain in 3 weeks is pretty good, I think.



really? who knew you were so educated?

I notice you didn't challenge my general statement, basically "you snooze you lose", if you have sat out the past 2 months of this Market. Originally Posted by Chung Tran

You whipped up on him again!

If you’re investing in stocks with a three week time horizon, any stock can be a winner or a loser. You're not investing, you’re gambling. I look at time horizons of at least five years. Sure, sometimes I’m wrong and well before the time, but I look to the moderate term five year range when making decisions. Originally Posted by TexTushHog

I agree with you on this.

What effect do you think these riots will have in the stock market?

I notice you didn't challenge my general statement, basically "you snooze you lose", if you have sat out the past 2 months of this Market. Originally Posted by Chung Tran

I've actually been out of the market for over 3 months now. Other than my 401K, I sold everything. I'm just sitting on cash now. When the market is high and interest rates are low, that's when you sell and that's what I did.

As far as challenging your "general statement", we are not in the political forum and I don't play that silly game that they play in there. I'm an adult and I don't waste my time explaining simple shit to other adults unless it is work related and I'm being paid handsomely to do so. And I'm sure the fuck not going to ever waste my time explaining anything to a weirdo barebacking overly sensitive trick like you on a whore board for free. That's just not my style

Shit... after reading all this I guess I'm just lucky on the gamble. I mean I saw that stuff drop in march. Hell, I bought into a REIT(MFA) @ .45 and sold @ like 1.80. I have just been buying low selling high.... watching the down trends, buying, then setting around a 8% trailing stop. NCLH, UAL, no different. Hell maybe i need to get a lottery ticket.

I've actually been out of the market for over 3 months now. Other than my 401K, I sold everything. I'm just sitting on cash now. When the market is high and interest rates are low, that's when you sell and that's what I did.

As far as challenging your "general statement", we are not in the political forum and I don't play that silly game that they play in there. I'm an adult and I don't waste my time explaining simple shit to other adults unless it is work related and I'm being paid handsomely to do so. And I'm sure the fuck not going to ever waste my time explaining anything to a weirdo barebacking overly sensitive trick like you on a whore board for free. That's just not my style Originally Posted by Lucas McCain

Ha! you suggest that you want money to explain your great knowledge of the Market, why you have sat out the 35% rally of the past 2 months

face it, Man.. you were scared, and went 100% cash.. a lot of people do that.. they are called "retail Investors", but you as an Investment Banker may have not heard that term

you missed out on the largest 2 month rally in Market History. because you are a scared retail Investor. a real Investment Banker would not have run like a Bitch.

Ha! you suggest that you want money to explain your great knowledge of the Market, why you have sat out the 35% rally of the past 2 months

face it, Man.. you were scared, and went 100% cash.. a lot of people do that.. they are called "retail Investors", but you as an Investment Banker may have not heard that term

you missed out on the largest 2 month rally in Market History. because you are a scared retail Investor. a real Investment Banker would not have run like a Bitch. Originally Posted by Chung Tran

What is bizarre is that you would think an "investment banker" would have realized the market went up 35% in the last 2 months, after massive federal stimulation, and wouldn't have opened his mouth and looked stupid bragging about essentially missing the rally.

I lighten up just a little this morning. Just in case.

All seems to be on the up and up. Almost looking too good and gave me a little bit of a bad feeling. Lol

CT, I'm not going to argue about Boeing. Their balance sheet looks like complete shit. You don't buy stocks in companies with horrible cash flows and are laying off workers left and right. But hey, it's your money, fuck if I care whether you want to waste it. What the fuck do I know though? Originally Posted by Lucas McCain

very little, apparently.

you sat out the strong rally the past 2 months, and the Company with the "complete shit" balance sheet is fueling this morning's Market rally.. Boeing is up over 4% this morning.. tack that on to my previous gain since early May, that I posted previously.

if I had paid you to manage my portfolio, I would be suing to recover damages.