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Re: who is bailing on stocks?
[Re: not_a_charger]
#2752828
03/17/20 01:09 PM
03/17/20 01:09 PM
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Joined: Dec 2003
Posts: 22,696
Bitopia
jcc
If you can't dazzle em with diamonds..
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If you can't dazzle em with diamonds..
Joined: Dec 2003
Posts: 22,696
Bitopia
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Good times are here again,
Free Money within 2 weeks for everybody.
What a concept.
Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.
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Re: who is bailing on stocks?
[Re: jcc]
#2752841
03/17/20 02:01 PM
03/17/20 02:01 PM
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Joined: Jan 2003
Posts: 7,480
Minnesota
Hemi_Joel
OP
master
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OP
master
Joined: Jan 2003
Posts: 7,480
Minnesota
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With so many people now being forced to work from home, maybe Adobe (ADBE) would be a good pick for a long position, as companies will have to equip people home computers with the latest software. What do you think?
[img]http://i.imgur.com/boeexFms.jpg[/img]31 Plymouth Coupe, 392 Hemi, T56 magnum RS23J71 RS27J77 RP23J71 RO23J71 WM21J8A I don't regret the things I've done. I only regret the things I didn't do. "Wise men talk because they have something to say; fools because they have to say something. ~ Plato"
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Re: who is bailing on stocks?
[Re: jcc]
#2752842
03/17/20 02:09 PM
03/17/20 02:09 PM
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Joined: Jan 2003
Posts: 7,480
Minnesota
Hemi_Joel
OP
master
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OP
master
Joined: Jan 2003
Posts: 7,480
Minnesota
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Good times are here again,
Free Money within 2 weeks for everybody.
What a concept. THis crap is going to tank the economy. 3/4 of the workforce will choose free money over work any day of the week. The free money will be GUARANTEED until past november, regardless of the virus for obvious reasons. I've been looking at Tesla as a candidate for buying puts. A company that has never made money, but always lost money, selling a luxury item to a population out of work in a tanked economy. It rose so much so fast over the last year. It has fallen to under 1/2 of i's recent high. If it retreats from it's current 450ish back to it's 52 week low of 175ish, that a HUGE gain on puts. What do you think?
[img]http://i.imgur.com/boeexFms.jpg[/img]31 Plymouth Coupe, 392 Hemi, T56 magnum RS23J71 RS27J77 RP23J71 RO23J71 WM21J8A I don't regret the things I've done. I only regret the things I didn't do. "Wise men talk because they have something to say; fools because they have to say something. ~ Plato"
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Re: who is bailing on stocks?
[Re: Hemi_Joel]
#2752850
03/17/20 02:37 PM
03/17/20 02:37 PM
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Joined: Dec 2007
Posts: 19,874
Puttin' on the foil in Charles...
not_a_charger
Mr. Big Shot Moparts Moderator
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Mr. Big Shot Moparts Moderator
Joined: Dec 2007
Posts: 19,874
Puttin' on the foil in Charles...
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Good times are here again,
Free Money within 2 weeks for everybody.
What a concept. THis crap is going to tank the economy. 3/4 of the workforce will choose free money over work any day of the week. The free money will be GUARANTEED until past november, regardless of the virus for obvious reasons. I've been looking at Tesla as a candidate for buying puts. A company that has never made money, but always lost money, selling a luxury item to a population out of work in a tanked economy. It rose so much so fast over the last year. It has fallen to under 1/2 of i's recent high. If it retreats from it's current 450ish back to it's 52 week low of 175ish, that a HUGE gain on puts. What do you think? Tesla makes me nervous, only because Musk is genius, but also a total fraud as a businessman. As you said, he's never turned a profit. Ever. Not once. Burns through cash like it's kindling. However, the cult of personality is real with him, and his customer base is just as loyal as his investors. Will they find a way to keep buying his cars if their incomes go down? My guess is yes, because the people hurt by this are not going to be the people with high paying, salaried jobs. It's going to be small business owners, and hourly workers, and they are not his followers.
Earning every penny of that moderator paycheck.
DBAP
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Re: who is bailing on stocks?
[Re: Hemi_Joel]
#2752851
03/17/20 02:45 PM
03/17/20 02:45 PM
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Joined: Oct 2007
Posts: 3,880
Oregon
hooziewhatsit
master
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master
Joined: Oct 2007
Posts: 3,880
Oregon
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Good times are here again,
Free Money within 2 weeks for everybody.
What a concept. THis crap is going to tank the economy. 3/4 of the workforce will choose free money over work any day of the week. The free money will be GUARANTEED until past november, regardless of the virus for obvious reasons. I've been looking at Tesla as a candidate for buying puts. A company that has never made money, but always lost money, selling a luxury item to a population out of work in a tanked economy. It rose so much so fast over the last year. It has fallen to under 1/2 of i's recent high. If it retreats from it's current 450ish back to it's 52 week low of 175ish, that a HUGE gain on puts. What do you think? nah. If someone chooses to live on $12k a year, vs $12k + job income, then we probably don't want them working, and they freed up a job for someone that does want to work. I'd buy more tesla now, but my job deals with schools and large groups of people, so even though I work from home, we have a very uncertain future at the moment.
If you ever find yourself in a fair fight, your tactics suck.
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Re: who is bailing on stocks?
[Re: Hemi_Joel]
#2752862
03/17/20 03:13 PM
03/17/20 03:13 PM
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Joined: Jan 2003
Posts: 2,094
central texas
krautrock
top fuel
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top fuel
Joined: Jan 2003
Posts: 2,094
central texas
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Good times are here again,
Free Money within 2 weeks for everybody.
What a concept. THis crap is going to tank the economy. 3/4 of the workforce will choose free money over work any day of the week. The free money will be GUARANTEED until past november, regardless of the virus for obvious reasons. I've been looking at Tesla as a candidate for buying puts. A company that has never made money, but always lost money, selling a luxury item to a population out of work in a tanked economy. It rose so much so fast over the last year. It has fallen to under 1/2 of i's recent high. If it retreats from it's current 450ish back to it's 52 week low of 175ish, that a HUGE gain on puts. What do you think? i think they are talking about a one time $1000 pmt to taxpayers, plus maybe eliminating the SS payroll tax through the year or something. that's hardly enough to live off of.
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Re: who is bailing on stocks?
[Re: krautrock]
#2752868
03/17/20 03:34 PM
03/17/20 03:34 PM
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Joined: Jan 2003
Posts: 25,901
United Socialist States of Ame...
tboomer
Too Many Posts
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Too Many Posts
Joined: Jan 2003
Posts: 25,901
United Socialist States of Ame...
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Good times are here again,
Free Money within 2 weeks for everybody.
What a concept. THis crap is going to tank the economy. 3/4 of the workforce will choose free money over work any day of the week. The free money will be GUARANTEED until past november, regardless of the virus for obvious reasons. I've been looking at Tesla as a candidate for buying puts. A company that has never made money, but always lost money, selling a luxury item to a population out of work in a tanked economy. It rose so much so fast over the last year. It has fallen to under 1/2 of i's recent high. If it retreats from it's current 450ish back to it's 52 week low of 175ish, that a HUGE gain on puts. What do you think? i think they are talking about a one time $1000 pmt to taxpayers, plus maybe eliminating the SS payroll tax through the year or something. that's hardly enough to live off of. Our health insurance will cost us nearly 1000 bucks a month... 
Need your rear end checked out? Contact Grizzly!!
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Re: who is bailing on stocks?
[Re: krautrock]
#2752878
03/17/20 04:43 PM
03/17/20 04:43 PM
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Joined: Jan 2003
Posts: 3,122
Auburn WA
Dave_J
master
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master
Joined: Jan 2003
Posts: 3,122
Auburn WA
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i think they are talking about a one time $1000 pmt to taxpayers, plus maybe eliminating the SS payroll tax through the year or something.
that's hardly enough to live off of.
Years ago my company I worked for, (Nameless but starts with a V) working with my IBEW union offered a stupid contract. The union was wanting 5% but the company was giving 2.5%. We rejected it and then the company offered a $1,000 signing bonus for that 2.5% contract. 60% voted YES.  If we had gotten the 5% it would have been $5,200 more ($6,200) over the 3 years. But Money in hand buys votes from stupid thinkers. "Oh, I can buy that 52 inch big screen TV"
Retired, US ARMY 1973-1994
ASE mechanic, Electrical 1994-1997
Retired GTE/VERIZON/FRONTIER 1997-2015
Posting cheap tech help (CRAP) here since Nov 97, 1000's of posts, some may be good.
03 Suzuki Burgman 650(Burger King) Scooter
65 Formula S Cuda
78 Little Red Express Truck
98 Buick Regal (wifes car)
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Re: who is bailing on stocks?
[Re: Dave_J]
#2752882
03/17/20 05:07 PM
03/17/20 05:07 PM
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Joined: Jan 2003
Posts: 2,094
central texas
krautrock
top fuel
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top fuel
Joined: Jan 2003
Posts: 2,094
central texas
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i think they are talking about a one time $1000 pmt to taxpayers, plus maybe eliminating the SS payroll tax through the year or something.
that's hardly enough to live off of.
Years ago my company I worked for, (Nameless but starts with a V) working with my IBEW union offered a stupid contract. The union was wanting 5% but the company was giving 2.5%. We rejected it and then the company offered a $1,000 signing bonus for that 2.5% contract. 60% voted YES. If we had gotten the 5% it would have been $5,200 more ($6,200) over the 3 years. But Money in hand buys votes from stupid thinkers. "Oh, I can buy that 52 inch big screen TV" yeah, but the admin is trying to stimulate the economy, they want everyone to go out and spend $1000 as soon as they get it. I'm sure as hell saving it... it also looks like this stimulus will cost another trillion dollars.
Last edited by krautrock; 03/17/20 05:08 PM.
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Re: who is bailing on stocks?
[Re: carcrazyguy]
#2752915
03/17/20 07:21 PM
03/17/20 07:21 PM
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Joined: Oct 2007
Posts: 3,880
Oregon
hooziewhatsit
master
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master
Joined: Oct 2007
Posts: 3,880
Oregon
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Plus, a tax break doesn't help if you don't have a job anymore.
Unemployment usually has a lot of hoops and bureaucracy to jump through. A check in the mail? Simple, easy, and quick. Desperate times call for desperate measures.
And if you don't need it, you can throw back into the stock market, which will *gasp* help the market too.
If you ever find yourself in a fair fight, your tactics suck.
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Re: who is bailing on stocks?
[Re: 2fast4yourBrain]
#2752923
03/17/20 07:51 PM
03/17/20 07:51 PM
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Joined: Nov 2010
Posts: 3,696
jersey
Spaceman Spiff
master
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master
Joined: Nov 2010
Posts: 3,696
jersey
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$1000 checks are a waste of taxpayer's money.
MOre like bribe money for votes.
Spend the money on TESTS! EVERYONE needs to get a TEST!
Paid sick leave. Extend unemployment benefits.
I don't need a one-time check for $1000. I'm not starving.
Stupid priorities. How many tests? Test negative today...what about next week? Or the week after...
526 cubes of angry wedge, pushbutton shifted, 9 passenger killer!
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Re: who is bailing on stocks?
[Re: krautrock]
#2753038
03/18/20 09:51 AM
03/18/20 09:51 AM
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Joined: Dec 2003
Posts: 22,696
Bitopia
jcc
If you can't dazzle em with diamonds..
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If you can't dazzle em with diamonds..
Joined: Dec 2003
Posts: 22,696
Bitopia
|
Good times are here again,
Free Money within 2 weeks for everybody.
What a concept. THis crap is going to tank the economy. 3/4 of the workforce will choose free money over work any day of the week. The free money will be GUARANTEED until past november, regardless of the virus for obvious reasons. I've been looking at Tesla as a candidate for buying puts. A company that has never made money, but always lost money, selling a luxury item to a population out of work in a tanked economy. It rose so much so fast over the last year. It has fallen to under 1/2 of i's recent high. If it retreats from it's current 450ish back to it's 52 week low of 175ish, that a HUGE gain on puts. What do you think? i think they are talking about a one time $1000 pmt to taxpayers, plus maybe eliminating the SS payroll tax through the year or something. that's hardly enough to live off of. Yes it was a sarcastic quip, more like re arranging the deck chairs on the Titanic, or a carpenter thinking everything can be fixed with a hammer, or "hey look over there",etc
Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.
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Re: who is bailing on stocks?
[Re: jcc]
#2753042
03/18/20 10:04 AM
03/18/20 10:04 AM
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Joined: Jan 2003
Posts: 7,480
Minnesota
Hemi_Joel
OP
master
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OP
master
Joined: Jan 2003
Posts: 7,480
Minnesota
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I pulled the trigger yesterday on Tesla puts. April 17, $450 strike, paid $67.75. Short term move, I have to watch it close. I don't think a stop loss sell order is available based on the price of the underlying stock, and I don't trust the option market makers to not drop the price just to stop me out and laugh at the amature.
[img]http://i.imgur.com/boeexFms.jpg[/img]31 Plymouth Coupe, 392 Hemi, T56 magnum RS23J71 RS27J77 RP23J71 RO23J71 WM21J8A I don't regret the things I've done. I only regret the things I didn't do. "Wise men talk because they have something to say; fools because they have to say something. ~ Plato"
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Re: who is bailing on stocks?
[Re: 2fast4yourBrain]
#2753099
03/18/20 11:44 AM
03/18/20 11:44 AM
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Joined: Oct 2007
Posts: 3,880
Oregon
hooziewhatsit
master
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master
Joined: Oct 2007
Posts: 3,880
Oregon
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Checks in the mail sounds like socialism to me.
Then your definition of socialism is wrong 
If you ever find yourself in a fair fight, your tactics suck.
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