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-   -   stocks in meltdown mode (http://www.thewarpath.net/showthread.php?t=64594)

MTK 03-12-2020 10:42 AM

stocks in meltdown mode
 
Figured we could cry in our beers here

:grouphug:

sdskinsfan2001 03-12-2020 10:47 AM

Re: stocks in meltdown mode
 
Not even looking at my 401K. Ignorance is bliss.

But FU China!

Chico23231 03-12-2020 11:19 AM

Re: stocks in meltdown mode
 
when Buffet was asked how much did he lose in the 2008 meltdown..he said nothing, because he never sold.

MTK 03-12-2020 11:31 AM

Re: stocks in meltdown mode
 
I know gotta keep the long road view but it's tough right now when you're getting dick punched daily

Chico23231 03-12-2020 11:37 AM

Re: stocks in meltdown mode
 
[quote=MTK;1246562]I know gotta keep the long road view but it's tough right now when you're getting dick punched daily[/quote]

I put everything into toilet paper with folks like Buffalo loading pallets in their truck

MTK 03-12-2020 11:43 AM

Re: stocks in meltdown mode
 
[quote=Chico23231;1246564]I put everything into toilet paper with folks like Buffalo loading pallets in their truck[/quote]

:rofl:

Back2RFK 03-12-2020 04:22 PM

Re: stocks in meltdown mode
 
Good time to buy while its a red hot sale. For me its a game of when to buy. Waiting until I think its hit rock bottom then I have a few stocks I'm going to purchase.

When VW got caught cheating those emissions test I waited until their stock bottomed out and purchased $5,000 worth. I made a small fortune of that.

SunnySide 03-12-2020 04:27 PM

Re: stocks in meltdown mode
 
[quote=Back2RFK;1246609]Good time to buy while its a red hot sale.[/quote]

You think this is the bottom? I am going to be cautious, I really dont know where the bottom will be. if you thought is was last week and went all in then ..... yesh.

Back2RFK 03-12-2020 04:34 PM

Re: stocks in meltdown mode
 
[quote=SunnySide;1246610]You think this is the bottom? I am going to be cautious, I really dont know where the bottom will be. if you thought is was last week and went all in then ..... yesh.[/quote]

I have no clue but even if you purchased last week you still got it on the down side.

Back2RFK 03-12-2020 04:37 PM

Re: stocks in meltdown mode
 
I'm waiting for Bank Of America now at $20 to get between $16 to $14 a share and I'm buying maybe 300 shares. I've made good money of them tanking in the past. I sold my last BOA stock at $38 and my average purchase price was $13.

Giantone 03-12-2020 06:28 PM

Re: stocks in meltdown mode
 
[quote=sdskinsfan2001;1246553]Not even looking at my 401K. Ignorance is bliss.

But FU China![/quote]

A Pension Fund Trustee told me that our fund took a big hit.

BigHairedAristocrat 03-12-2020 11:35 PM

Re: stocks in meltdown mode
 
Any other tips on what might be good stocks to buy low? (Because i know nothing but have some money to play with and what better place to get financial advice than a sports team fan forum, right?)


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Chico23231 03-16-2020 04:15 PM

Re: stocks in meltdown mode
 
pure panic

CRedskinsRule 03-16-2020 05:02 PM

Re: stocks in meltdown mode
 
[QUOTE=BigHairedAristocrat;1246625]Any other tips on what might be good stocks to buy low? (Because i know nothing but have some money to play with and what better place to get financial advice than a sports team fan forum, right?)


Sent from my iPhone using Tapatalk[/QUOTE]In the briefing today it was noted that 3M (the company) will gear up production of masks. That would be one, otherwise tech seems like a good bet and companies like homedepot that have no dog in the coronavirus fight but are getting slammed in the panic would stand out in my mind.

Speaking of tech, could you imagine how much worse this would be with remote learning, virtual meetings, and telework. Crazy.

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MTK 03-16-2020 05:12 PM

Re: stocks in meltdown mode
 
[QUOTE=Chico23231;1246931]pure panic[/QUOTE]



Another shot directly to the nuts today


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