The Investment Thread (9 Viewers)

BYND getting hammered after a couple downgrades. It's likely headed to the 120 range. The McDonald's news and Impossible getting traction in Starbucks with firms now downgrading BYND is a tough trifecta to fight in the short term. Still love the company long term.
My ability to buy the top is amazing. I'm debating if this will fall to the 110s like in Jan/Feb or is the 125 range the place to add 25% to my purchase. They are entering China, 50 stores, and Brazil though only 19 stores.
 
My ability to buy the top is amazing. I'm debating if this will fall to the 110s like in Jan/Feb or is the 125 range the place to add 25% to my purchase. They are entering China, 50 stores, and Brazil though only 19 stores.


nope do NOT blame yourself.

It was me. MY ability to ruin a stock is unprecedented. Although i bought in in the 140s and then again low 130s to dollar cost average my loss. But this is long play for me so i just dont pay much attention to the weekly roller coaster ride.
 
My ability to buy the top is amazing. I'm debating if this will fall to the 110s like in Jan/Feb or is the 125 range the place to add 25% to my purchase. They are entering China, 50 stores, and Brazil though only 19 stores.
I'm holding. This is a long term play that will tie into climate change on the back side of Covid. I also managed to buy in early and sell off and rebuy a few times. So now I just add a little every time it drops.
 
@bclemms - you still holding DraftKings?

if those allegations are true ( re: Washington ), gonna be a massive problem for the NFL and any related betting industry.
 
@bclemms - you still holding DraftKings?

if those allegations are true ( re: Washington ), gonna be a massive problem for the NFL and any related betting industry.
I havent read into what happened yet but yes, I just bought into DKNG again at 28.50 day before yesterday. Now I'm scared.
 
@bclemms - you still holding DraftKings?

if those allegations are true ( re: Washington ), gonna be a massive problem for the NFL and any related betting industry.
What allegations? The story that broke was about rampant sexual harassment, from what I understood. Was there something else?

Side note: Markets sure are shrugging off Covid-19. No idea what is reality lately.
 
What allegations? The story that broke was about rampant sexual harassment, from what I understood. Was there something else?

Side note: Markets sure are shrugging off Covid-19. No idea what is reality lately.
Reality is M2 money supply combined with a vaccine. Anything else like unemployment and earnings are simply irrelevant. :hihi:

There was a rumor that the Redskins story including widespread ref payouts from owners across the league which would have significantly impacted the gambling industry which was just that, a rumor.

We are flirting with breaking resistance at 3235. Currently trading just above it.

I added my short back to Live Nation with Earnings coming up on Thursday. LYV and AAL both report Thursday and both are down. I don't think markets are going to overlook earnings quite as much as many think in some sectors.

After that, I really have no idea how to treat this market. It looks so overbought but at the same time, it looks so cheap in comparison to the amount of cheap money that has been injected into the market. I still think there is a reality check coming but if the markets get through the next 6 months then today's pricing will probably look really cheap.
 
What allegations? The story that broke was about rampant sexual harassment, from what I understood. Was there something else?

Side note: Markets sure are shrugging off Covid-19. No idea what is reality lately.

They had some internet rumors floating around of other issues within organization - looks like they were false.

I think the markets are reacting to every week that passes, is a week closer to vaccine/therapies that lessen the severity.
 
File this under good news bad news.. good news is successful cost cutting. Bad news is.. well, less flights.


The union representing Delta pilots said 2,235 pilots had volunteered for a voluntary early out program ahead of a Sunday deadline, up from 1,700 on Friday, when Delta told pilots it would avoid furloughs if they agreed to reduced guaranteed minimum pay.

At Southwest, around 24% of pilots and 33% of flight attendants have agreed to early retirement or long-term leaves of absence, a person familiar with the matter said.

There is a period for employees at both Delta and Southwest to rescind their decision, so the numbers are not final.

Delta and Southwest did not comment.

U.S. airlines, which received a $25 billion bailout in March to cover payroll for six months, are trying to encourage employees to accept voluntary exit deals in the hope of avoiding involuntary furloughs in the fall, when a government ban on forced job cuts expires.
 
FEWER flights...



... sorry, I’ll see myself out. :covri:
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An increase of $125 billion in market cap just today.

Lol, absurd. But hey, where else would you really put your money? Just buy Amazon and leave it there for 10 years and you'll be golden.

And of course, a week from now, the market loses half it's value. :hihi:

Nothing makes sense anymore.
 

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