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24,841,654 Views | 233502 Replies | Last: 8 hrs ago by EliteZags
ProgN
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khaos288 said:

We're in trouble boys. I bought puts and the market didn't shoot up.


That's my dawg
McInnis 03
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AG
oldarmy1 said:

DIS on fire
So was that you?
oldarmy1
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McInnis 03 said:

oldarmy1 said:

DIS on fire
So was that you?
If you think 1000 shares is responsible for a $8 move.....absolutely all me!
McInnis 03
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AG
Gun to your head right now. You taking this?

Hendrix
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bullard21k said:

Anybody buying virtually any stock right now trying to guesstimate the bottom...you guys are infinitely braver than I am.

People over the last two weeks have been buying all this stock up and I don't get it. This isn't getting better anytime soon.


most of this is priced in. I think it's overblown. That's why I'm buying good names and averaging in. long term money for me. I don't need to scoop the absolute bottom. At this pace I'll run out of dry powder in about 2 weeks and the dow will be 15k. lol. I just happened to be looking to put money to work when this really hit the fan. I feel fortunate.
FrioAg 00
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I would take that in a heart beat! I honesty think that's about the most optimistic scenario I can contemplate.
AggiePeeps06
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History says we bounce tomorrow. Who's in calls with me and what symbols are we buying?
Boat Shoes
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GILD popping. News there?
Boat Shoes
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AggiePeeps06 said:

History says we bounce tomorrow. Who's in calls with me and what symbols are we buying?


What's the better value, SPY or QQQ?
AggiePeeps06
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More liquidity in SPY I believe. Thats what I bought puts on today
YNWA_AG
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I'm seeing that people are showing negative for covid 7 days earlier on favipiravir.
Will lead to early approval on remdesivir
khaos288
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AggiePeeps06 said:

History says we bounce tomorrow. Who's in calls with me and what symbols are we buying?
Just bought a ton of MSFT, SPHD, and ROKU as well as some NVDA 220C
oldarmy1
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If we get $242 on SPY that is a pure reversal number
FrioAg 00
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Unemployment isn't the only indicator though - today I made the decision to cut a 100% of my people's pay by 10% rather than cut 10% of the group's pay by 100%. I just cannot stomach laying people off into a market that will be almost impossible to get another job.

But that doesn't mean people won't be hurt. Half of the country lives paycheck to paycheck and making 10% cuts to their living expenses won't be without pain.
AgShaun00
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Boat Shoes said:

GILD popping. News there?
still have 2 options bought at .56 that are now at 7.90. sold the other 7 for around 300%. How high can they go? My only good new story.
Ducks4brkfast
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bullard21k said:

Anybody buying virtually any stock right now trying to guesstimate the bottom...you guys are infinitely braver than I am.

People over the last two weeks have been buying all this stock up and I don't get it. This isn't getting better anytime soon.


Guilty as charged
CondensedFogAggie
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FrioAg 00 said:

Unemployment isn't the only indicator though - today I made the decision to cut a 100% of my people's pay by 10% rather than cut 10% of the group's pay by 100%. I just cannot stomach laying people off into a market that will be almost impossible to get another job.

But that doesn't mean people won't be hurt. Half of the country lives paycheck to paycheck and making 10% cuts to their living expenses won't be without pain.

You're a good man. Out of curiosity, would you consider a 15% cut for top earners, down to a 5% cut for lower earners?
Harkrider 93
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iluvpoker said:

jj9000 said:

oldarmy1 said:

Sitting 22% in right now from these low buys over last week. Sold off some on bounce days like yesterday and only bought back 1/3 of those. So much more uncertainty and news events to come so new lows should be expected. 2350 major support loses I don't see much to look for until 2000. 1850 area is doomsday scenario number. We see that and I'd be 100% in with trading account because should that fail money is irrelevant.
Not much support between 2280 and 2000?

Next major support level is at 2000 level?


Prior to 2014 we had never hit 1850 on the S&P. I think we will survive if we trade below that.

We even traded below 1,000 just over a decade ago. I know, ancient times, right.

Our economy grew about 50% since 2009, but our stock market was up over 400%!
Earnings have grown over 700%.
Aggie95
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FrioAg 00 said:

Unemployment isn't the only indicator though - today I made the decision to cut a 100% of my people's pay by 10% rather than cut 10% of the group's pay by 100%. I just cannot stomach laying people off into a market that will be almost impossible to get another job.

But that doesn't mean people won't be hurt. Half of the country lives paycheck to paycheck and making 10% cuts to their living expenses won't be without pain.
Tough decision and strong leadership. I commend you. I have prepared myself for this in my work...certainly better than the alternative.
ramblin_ag02
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bullard21k said:

Anybody buying virtually any stock right now trying to guesstimate the bottom...you guys are infinitely braver than I am.

People over the last two weeks have been buying all this stock up and I don't get it. This isn't getting better anytime soon.


I'd rather buy good companies (or companies guaranteed to get bailouts) at 25% of their historic highs then buy those same companies 4 months ago when they were at their historic highs. If it's not the exact bottom, then who cares? The eventual rebound will beat today's prices and I've got 25 years to wait
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
FrioAg 00
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CondensedFoggyAggie said:

FrioAg 00 said:

Unemployment isn't the only indicator though - today I made the decision to cut a 100% of my people's pay by 10% rather than cut 10% of the group's pay by 100%. I just cannot stomach laying people off into a market that will be almost impossible to get another job.

But that doesn't mean people won't be hurt. Half of the country lives paycheck to paycheck and making 10% cuts to their living expenses won't be without pain.

You're a good man. Out of curiosity, would you consider a 15% cut for top earners, down to a 5% cut for lower earners?


The top will lose their bonuses (suspended or deferred indefinitely) , which makes up 35% of their compensation. So they (including me) are taking 45% off cash flow on the chin. But 55% of a lot is still a lot.

I have promised them when we get to recovery (1 year or 10) I will work hard to get those paid at some point.


oldarmy1
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ADBE back to flat....yup someone is buying
TXAG14
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oldarmy1 said:

yup someone is buying


Bless them.
FriskyGardenGnome
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Could they buy SDC?

Jumpin' Jesus on a pogo stick.
ryanhnc10
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So do we gap up tomorrow or gap down and temporarily flush in the morning?
oldarmy1
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gotsand said:

Could they buy SDC?

Jumpin' Jesus on a pogo stick.
CuriousAg
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Thoughts on the food delivery service going into the rest of the week? WTRH and APRN...unreal today
khaos288
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https://arstechnica.com/tech-policy/2020/03/us-govt-expects-18-month-pandemic-with-widespread-supply-shortages/
ProgN
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90% of Starbucks stores have reopened in China. With that being said, LK could be ripe for a move higher for a trade.
Brewmaster
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ryanhnc10 said:

So do we gap up tomorrow or gap down and temporarily flush in the morning?
red open, green close, green Friday -- just guesses.
TXAG14
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SPY to the moon.
bmks270
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khaos288 said:

https://arstechnica.com/tech-policy/2020/03/us-govt-expects-18-month-pandemic-with-widespread-supply-shortages/


I think we find good treatments long before then.
Aggie09Derek
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8th straight day of 1k pt DOW moves
ProgN
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They've already found some. Will post later when I get back home.
ProgN
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