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re: Pre market 3/18 Thread
Posted on 3/17/20 at 9:26 pm to castorinho
Posted on 3/17/20 at 9:26 pm to castorinho
quote:
Honestly, when I get in my car and drive, it's pretty depressing. Just eerie.
Agreed. I’m a farmer and we’re doing field work, spraying, getting ready to plant, etc. It’s busy as hell all day and when I come back into town, there‘s like 10% of the normal traffic.
Posted on 3/17/20 at 9:30 pm to HailHailtoMichigan!
quote:
Absolutely insane that this isn't already baked into the pie.
Do investors not read articles?
It's more that investors read the same article and draw different conclusions
For example, everyone "knows" earnings will be bad. No one knows how bad or long term ramifications
What is baked into the market are a bunch of guesses of people who don't know what will happen. That's why the spreads are so damn massive right now
This post was edited on 3/17/20 at 9:31 pm
Posted on 3/17/20 at 9:46 pm to GenesChin
I bought AVAV Premarket two days ago at 49.70 and so far it’s been steady.
Posted on 3/17/20 at 9:56 pm to stout
quote:
It will work until it doesn't
Wise person... Just don't forget this wisdom!
Posted on 3/17/20 at 10:09 pm to Mr Perfect
This is probably a dumb question. Is all of the insider stock purchases of PK this month a good thing? It seems like it should be but I could be missing something.
This post was edited on 3/17/20 at 10:12 pm
Posted on 3/17/20 at 10:24 pm to 13SaintTiger
quote:
What a shitty time to have cheap gas prices
I see where you would be fooled by this, but I would argue you are wrong. Normally when gas is cheap, people go drive or fly places. That’s not happening. Gas being cheap is a function of two things, supply going crazy due to OPEC and demand getting crushed. Demand is the problem. Nobody is doing anything. So yeah, congrats on your low gas prices....going to be awesome when you have to fill up again mid-April.
Posted on 3/17/20 at 10:41 pm to TheChosenOne
quote:It's baked to the best of markets current knowledge. It's going to be a lot of "holy shite, things are really bad" and "wow, that's not bad at all." when numbers are actually released. not much in between. Going to be pretty volatile (even more than it usually is) during Q1 earnings season
It will be interesting to see what happens. Say things turn around quickly with COVID-19, the earnings reports will still be bad. Is that already baked into the current prices or will there be more panic?
This post was edited on 3/17/20 at 10:42 pm
Posted on 3/19/20 at 11:06 am to JohnnyKilroy
quote:
Who's copping some Concordia or Amneal Pharms?
They make hydroxychloroquine
Bump
Posted on 3/19/20 at 4:33 pm to JohnnyKilroy
quote:
Who's copping some Concordia or Amneal Pharms?
They make hydroxychloroquine
Thanks for the Amneal tip! Got in @ $2.88 this morning. $4 aftermarket right now.
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