I quickly checked the options market when I read this post, but the prices are eye-watering, $10.80 for 29 day out of the money put. No more easy money here, i'll sit this out lol.
See http://bbs.clutchfans.net/index.php...s-and-investing.149250/page-431#post-12904143 before you decide. I personally wouldn't touch. Maybe there is upside in very short term with bailout and very long term when biz returns to normal, and others in this thread see opportunity; but medium term its not looking good, even with the bailout.
Damn dude. UAL at $17 right now. Might get some 2008 numbers. Extremely tempting for a longgg term play.
I'm referring to the one after where he describes the biz situation - understanding that is important consideration before coming to decision on whether you think it's underpriced or not. Pricing is subjective.
I am not a financial advisor as someone told me a few pages ago.... But, no, I Wouldn't right now. And I could be very wrong but you want to wait for a solid dip to enter and smaller retrace or news that they can keep up on demand. My concern atm is supply falling through or if we finally get some "good news" it'll drop. With that said that's just what I'm thinking but I got out at ~9.60 so...... Yeah, haha, I made money but didn't get greedy. Anyway- general rule is you want to catch something on way up or ahead of/as news typically for short investments. And again if there's a good entry on a dip or more news then it could be great. But you probably want to make it a short play regardless.
I'm new to this whole thing. I bought a bunch of random stuff last year on Robinhood and thats about the extent of my stock knowledge. Is there a place that you guys do your research at or some site you all recommend to stay ahead of things as you mentioned? Thanks in advance!
**** man, just been a mess, if I went with gut... I'd have shorted everything... I played conservative on one of the shorting funds but sold early this morning.. Like any good news we hopefully get will wreck shorts. So with that said, while dangerous have been trying to think of things like APRN we got a good tip on or more drug/medical stuff that can be quick plays. Again these can be dangerous but in this market.. Everything seems to be
Haha, man... I might have been conservative on this plan... I never imagined the nba, shows, and ad revenue all basically dying at same time. Just wild, Disney should be solid but I'm now waiting more
REITs getting murdered today. I’m long NLY which just announced its quarterly dividend. I will be very interested in what the next quarter looks like.
How can they just pause the market like it's a video game. Oh **** I'm doing bad, things are going bad, let me eject the disc real quick. Oh **** I'm down a match to M. Bison, let me gather myself for a sec. Lulz.