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re: Beaten down stocks you are buying?

Posted on 4/22/20 at 2:30 pm to
Posted by JescoWhite
Ripped Out Of The Frame
Member since Jul 2011
799 posts
Posted on 4/22/20 at 2:30 pm to
I'm not really sure - I started watching closely in early April at ~$32 hoping it would drop below $30, but it proceeded to soar to $48-49, and has barely dipped below $36 since.

As I saw discussed somewhere (probably one of the illustrious minds here), there doesn't seem to be much potential for future revenue streams (12-18 months). There are only so many available dates at arenas, and it seems that most events in the spring have been "postponed" to the fall eliminating most of that availability.
Posted by AU_RX
City of St George
Member since May 2005
4516 posts
Posted on 4/25/20 at 9:53 pm to
quote:

Ruth in the $8s and Play in the $11s


You holding PLAY long term? I’ve been watching it but this is something to watch.

Dave & Buster’s ‘Going Concern’ Warning Signals Wave to Come
Posted by PinevilleTiger
Pineville, LA
Member since Sep 2005
6365 posts
Posted on 4/25/20 at 10:06 pm to
Spirit Airlines and Tanger Outlets. Two down 70% but will be back up when normal life returns.
Posted by bayoumuscle21
St. George
Member since Jan 2012
5017 posts
Posted on 4/26/20 at 8:22 pm to
quote:

I was buying NAT all the way down thinking it would get to $10 or so over the next couple years.


Selling MCHP tomorrow morning and jumping in on NAT.
Posted by MSTiger33
Member since Oct 2007
21470 posts
Posted on 4/27/20 at 3:54 am to
I am holding PLUG. Have a bunch of leap contracts on it and plan to buy some more as soon as my funds clear.
Posted by PinevilleTiger
Pineville, LA
Member since Sep 2005
6365 posts
Posted on 4/29/20 at 8:00 am to
Spirit and Tanger both up about 30% in last 2 days. It’s a stock pickers market guys. You may never see a market this loaded with discounts again. Any new ideas????
Posted by GeneralLee
Member since Aug 2004
13947 posts
Posted on 4/29/20 at 9:45 am to
NLY and CIM have not popped like other beat down stocks in other industries... tempted to rotate more into those.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26722 posts
Posted on 4/29/20 at 10:29 am to
Bought Boeing around $140 today. Look to hold till around $200
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