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Started By
Message
re: Attn: Board conservatives. Major buying opportunity today
Posted on 2/24/20 at 9:48 am to wutangfinancial
Posted on 2/24/20 at 9:48 am to wutangfinancial
Silver at $18.78. Bought hundreds of these years ago. $8-$10/ounce. Sitting in a safe deposit box. Time to sell?
0
Posted on 2/24/20 at 9:51 am to YF12
quote:
Imagine thinking a virus that has infected less than .0001% and killed less than .000001% of people even in China is going to fundamentally alter society
Short term it certainly is because China has shut shite down. Basically all of the manufacturing is over there.
100% going to be short term pain if this gets worse.
Posted on 2/24/20 at 10:00 am to KCT
quote:
He didn't say "People falsely pretending to be conservative" so he wasn't including you
I’m not pretending to be a conservative. I just state my positions whatever they may be. I agree with a lot of what conservatives agree with and disagree with them too. I also agree with a lot that liberals agree with. What am I? I dunno good question, I’m just middle of the road me
Posted on 2/24/20 at 10:37 am to CleverUserName
If the price of something goes up 200% in a few years and then in one day goes down 2%, that is not a major buying opportunity or discount.
Posted on 2/24/20 at 10:43 am to HempHead
quote:May we all wish to be as much of a visionary as that man.
If you'd have been around circa 2011 and listened to WikiTiger, you'd be a bitcoin millionaire now.
Posted on 2/24/20 at 3:11 pm to CleverUserName
quote:
Today is a buying opportunity. Hell. I bought some southwestern energy today at 1.53. It’s back to 1.60 right now. But I buy this stuff to hold even though I expect some more sell off of it later due to some profit taking.
Not that I believe you bought the stock a penny away from the daily low, but it closed at 1.54 playa.
Posted on 2/25/20 at 9:52 am to CleverUserName
Wrong again on whatever a liberal is.
This post was edited on 2/25/20 at 9:55 am
Posted on 2/25/20 at 1:08 pm to mmcgrath
quote:
but it closed at 1.54 playa.
quote:
But I buy this stuff to hold
even though I expect some more sell off of it later due to some profit taking
Always read the entire post.
Posted on 2/25/20 at 1:24 pm to mmcgrath
quote:FYI, that is where we are.
the DOW is due for a decent correction in the 2000 point range.
Posted on 2/25/20 at 1:28 pm to CleverUserName
quote:
have been buying the frick out of natural gas producer stocks this winter because of the bottomed out price of nat gas.
Dude...that's gonna leave a mark.
Posted on 2/25/20 at 1:28 pm to CleverUserName
Yah I agree with you in theory but think we may not be close to bottom.
Posted on 2/25/20 at 1:35 pm to CleverUserName
quote:1.40 now. Please tell me you didn't use a margin account.
Always read the entire post.
Posted on 2/25/20 at 1:43 pm to NC_Tigah
quote:Today definitely. But even with the correction it could drop another thousand or two before bouncing back and settling around 27k.
FYI, that is where we are.
Posted on 2/25/20 at 1:45 pm to CleverUserName
quote:
I bought some southwestern energy today at 1.53.
JFC...SWN is a short...that company is staring down the barrel of the BK gun!
Posted on 2/25/20 at 1:50 pm to mmcgrath
quote:
1.40 now. Please tell me you didn't use a margin account
Hell no I don’t use a margin account. I put cash in... I purchase the shares. I did again today for large caps. The money I put in individual shares is budgeted for long holds, but if any is shorted that’s ok too. This isn’t cash budgeted for expenses.
The value of it is down... we are in the 2nd day of the drop. So? But I said earlier in the thread I’m not selling it till Nat Gas gets back deep into the 2 dollar Mcf range. In other words... maybe very late this year or it could be 3 years from now. It doesn’t matter if it’s 1.20 today or 1.80 today.
Keep counting off the share price. Don’t care. Let’s look at it again a year out. If it’s 1.90 I’ll still have it. If it’s 1.40 I’ll still have it. If it’s 2.50 it will have been sold.
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