2020 Stocks

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BCClone

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Sep 4, 2011
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Using airline credits doesn't equal additional cash flow for the airlines. They already have the cash.

Not cash flow but they have to post it as a credit until it's used so it does not count as profit. So you will see a drain on cash but a profit for the airline.

The question will also be, what will they be charging? Airline travel had dropped down fairly cheap as of late. Last time this happened, they had to up their rates to clean things back up, so I guess that my credits will be worth 20-25 cents on the dollar when it comes time to use them.
 

goody2012

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Aug 28, 2014
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Not cash flow but they have to post it as a credit until it's used so it does not count as profit. So you will see a drain on cash but a profit for the airline.

The question will also be, what will they be charging? Airline travel had dropped down fairly cheap as of late. Last time this happened, they had to up their rates to clean things back up, so I guess that my credits will be worth 20-25 cents on the dollar when it comes time to use them.
Good point. Another thing that hurts the airlines, if they get a bailout that limits stock buybacks, they're going to have to increase share value on their own merits. It will be a long, slow build back up in share price.
 
  • Agree
Reactions: fsanford and Go2Guy

brianhos

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This makes me remember back to the last stock market hit. A broker friend of mine had people who had never been through a bad down turn before pull out their funds when they had lost close to half of their value. Their concern was that it would become zero. So when things seemed like they should bottom out, there was still some panic selling that drove it down some more.
This is not even close to the bottom.
 

brianhos

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NVDA fighting valiantly to defend the 200-day moving avg at ~$200. After Fri and Today, it's holding on.
NVDA is powering all of the AI work we are doing, they will be just fine when this is all over.
 

mramseyISU

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Nov 8, 2006
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Waterloo, IA
As long as they don't go t's up, I'll to wait for the return. I'm willing a to put a little "fun" money in there to see what happens.
I don't see them going bankrupt, one of the smaller outfits maybe but not RCL. Norwegian or Holland American might end up being taken over if their stock drops much further.
 
  • Agree
Reactions: bos

farminclone

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Nov 16, 2009
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This is not even close to the bottom.
Have a prediction? I originally thought 22k, then lowered it to 18k, now thinking 16k and that might be optimistic. Some of these unemployment and GDP numbers are down-right scary.
 

brianhos

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Have a prediction? I originally thought 22k, then lowered it to 18k, now thinking 16k and that might be optimistic. Some of these unemployment and GDP numbers are down-right scary.
I had long said I would be back in at 18K, I still feel we get to 15K. But I did buy some today to average down. Still am 75% cash in my IRA.
 

CloneGuy8

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I've never bought individual stocks before. All of my investing is in roth retirements accounts. This seems like a good opportunity to buy. Hilton (Park Hotels & Resorts) is currently at $6.74. Taking a look over their price over the past 5 years, it seems like a good one to buy. I'm thinking of buying some. Good idea?
 

Gunnerclone

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Jul 16, 2010
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I've never bought individual stocks before. All of my investing is in roth retirements accounts. This seems like a good opportunity to buy. Hilton (Park Hotels & Resorts) is currently at $6.74. Taking a look over their price over the past 5 years, it seems like a good one to buy. I'm thinking of buying some. Good idea?
I would buy in hopes they get a bailout. If not watch it closely and don’t be afraid to cut your losses quickly.
 

dafarmer

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Mar 17, 2012
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I said 16k 3 days ago, but with Trump's financial advisers telling him to relax restrictions on shutting down gatherings, look out below. Hong Kong relaxed restrictions and Covid 19 is coming back.
 
  • Optimistic
Reactions: sadam

BCClone

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Sep 4, 2011
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They’re essential to our transportation network, and will always be kept afloat in some capacity.

Agreed. Not everyone flies corporate jets for work and I can't see those people taking buses or trains to get to meetings. Without planes, the economy would take a huge hit. Deliveries would also double in length, if not more.
 

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