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mramseyISU

Well-Known Member
Nov 8, 2006
6,374
6,330
113
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
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DeereClone

Well-Known Member
Nov 16, 2009
8,281
9,647
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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

Moderator
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SuperFanatic T2
Jun 1, 2006
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Trenchtown
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

Well-Known Member
Mar 20, 2017
11,856
23,219
113
38
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

Well-Known Member
Jul 16, 2010
69,069
69,090
113
DSM
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

Well-Known Member
Mar 17, 2012
5,761
5,454
113
SW Iowa
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.
 
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BCClone

Well Seen Member.
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SuperFanatic T2
Sep 4, 2011
61,831
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Not exactly sure.
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.
 

Cyched

CF Influencer
May 8, 2009
30,930
51,634
113
Denver, CO
Screen-Shot-2019-07-31-at-5.47.12-PM.png
 
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BCClone

Well Seen Member.
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SuperFanatic T2
Sep 4, 2011
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Not exactly sure.
If I would have just started my buying 1-2 days later I would be extremely happy. Didn’t think it pull the full retracement to 18.6 but it closed right there yesterday. Figured 19.5-19.9 would be some solid support.
 

BCClone

Well Seen Member.
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SuperFanatic T2
Sep 4, 2011
61,831
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Not exactly sure.
After today, there has to be a slow down tomorrow. That was one fun ride, just wish I was 100% in. Trying to find one more company that I want to drop some into and maybe sell off one and find a second.
 

BCClone

Well Seen Member.
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SuperFanatic T2
Sep 4, 2011
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Not exactly sure.
Today is acting like I figured. Take off fast and fizzle out. Will have to see how it ends to give an idea on the direction people want to take this thing.
 

brianhos

Moderator
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SuperFanatic T2
Jun 1, 2006
54,862
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Today is acting like I figured. Take off fast and fizzle out. Will have to see how it ends to give an idea on the direction people want to take this thing.

Still going strong, I don't understand this at all. Tomorrows jobs report is going to be brutal.
 
  • Agree
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DSMCy

Well-Known Member
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SuperFanatic T2
Feb 1, 2013
5,095
6,367
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West Des Moines
Still going strong, I don't understand this at all. Tomorrows jobs report is going to be brutal.
This is true.
Obviously it has been priced in, but I'm waiting for Q1 earnings to start coming out.
There will be some companies that get absolutely hammered.
 

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