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I live this board, but...

Posted on 3/25/20 at 8:33 am
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27660 posts
Posted on 3/25/20 at 8:33 am
I need to start going with my gut and not waiting to pull the trigger

I asked about AA, Boeing and Oil last week and got slammed not to buy and now all are up big time

I could have gotten Boeing at $93 a week ago and it’s at $156 this morning. I really wanted Royal Carribean at $22 and now it’s at $40
This post was edited on 3/25/20 at 8:36 am
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5133 posts
Posted on 3/25/20 at 8:34 am to
Just wait a little longer. They will go back down
Posted by lynxcat
Member since Jan 2008
24123 posts
Posted on 3/25/20 at 8:34 am to
Hindsight...
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/25/20 at 8:36 am to
Timing the market is a losers game.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/25/20 at 8:36 am to
quote:

I need to start going with my gut and not waiting to pull the trigger
Idk man I think you should only do what this board suggests
Posted by slinger1317
Northshore
Member since Sep 2005
5805 posts
Posted on 3/25/20 at 8:38 am to
You are correct. You have to remind yourself that 99% of the posters here are as ignorant as you and I are, but they like to think they know more than us and we incorrectly over value their opinion.

My example is that I had 1150 shares of Delta last week at 22. Sold them on news I read here that slashing forecasts and upcoming poor earnings reports would bring their stock to the $11-$12 range. Now it is bumping $30. Live and learn I guess.
Posted by Huge Richard
Member since Dec 2018
3740 posts
Posted on 3/25/20 at 8:39 am to
Well maybe don’t let random dudes on the internet influence your decision?
Posted by TigerDeBaiter
Member since Dec 2010
10256 posts
Posted on 3/25/20 at 8:42 am to
I bought DAL and BA last week and posted so.
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5136 posts
Posted on 3/25/20 at 8:43 am to
Gonna sell or stay put?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/25/20 at 8:46 am to
quote:

Now it is bumping $30.
Posted by rintintin
Life is Life
Member since Nov 2008
16157 posts
Posted on 3/25/20 at 8:47 am to
If you're basing your investments on what you read on this board, well that's a problem in and of itself.

As far as the stocks you chose not to buy. There's a lot of assumptions being made by you:

1. That you indeed would've bought at the right time without reading any outside noise
2. That you will sell at the right time if you owned those stocks
3. That we've seen the bottom already

Hindsight is always 20/20.
Posted by wheelr
Member since Jul 2012
5147 posts
Posted on 3/25/20 at 8:52 am to
I put some money in some individual stocks towards the end of last week and I'm up big so far.

IMO, a lot of the future things people are talking about (ex: unemployment numbers) are already priced in. I've been keeping up with the virus and spread in the US and it doesn't seem to be as bad as was promoted.

That said, the market could tank today, but I'm feeling ok as I already got the stocks at a huge discount compared to where they were the past year or two or three.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55219 posts
Posted on 3/25/20 at 8:52 am to
I bought some yesterday

But there will be many more opportunities to buy, stocks like Walmart will fall tremendously before this is all over
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 3/25/20 at 8:55 am to
Sounds like a you problem
Posted by TigerDeBaiter
Member since Dec 2010
10256 posts
Posted on 3/25/20 at 8:55 am to
Staying put
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 3/25/20 at 8:56 am to
Stimulus is old news, next focus will be unemployment and it won't be good.
Posted by Suntiger
BR or somewhere else
Member since Feb 2007
32859 posts
Posted on 3/25/20 at 8:57 am to
quote:

Timing the market is a losers game.


quote:

OleWarSkuleAlum


Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167099 posts
Posted on 3/25/20 at 9:04 am to
Man, earnings reports the next few quarters will be brutal. There will be buying opportunities.
Posted by castorinho
13623 posts
Member since Nov 2010
82010 posts
Posted on 3/25/20 at 9:05 am to
quote:

I need to start going with my gut and not waiting to pull the trigger

I asked about AA, Boeing and Oil last week and got slammed not to buy and now all are up big time

I could have gotten Boeing at $93 a week ago and it’s at $156 this morning. I really wanted Royal Carribean at $22 and now it’s at $40

first of all, you need to calm down, things could get worse from here.
Secondly, that's why you buy little by little on the way down.
You could think things will be going down, it could it could not.
If things did get worse, you'll still have people saying we haven't reached bottom yet. No one will know where that is until later.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/25/20 at 9:05 am to
Si senor.
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