http://www.miraclecovers.com
"Donk down, that’s what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online
SPCE went up nicely thru all this commotion... I shall keep adding.
CCL is the best of the Lot at a bargain 11-12 bucks keep 50 shares and wait.
ARKK is rising with no regard to CV-19 keep adding on.
KO everyone loves Coke .
KOF Even In S.A./mex.
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Hey walt what's the least racist way for me to tell u to kill yourself
Cuz ur literally the worst like vaughnesque
But you think ur posts are acceptable they are not
So I had about 560 shares of UCO @ 2.42 and they did a reverse stock split and now I have 22 shares @ 22.80 a share. Seems I lost about half my value?
Last edited by OSA; 04-21-2020 at 04:32 AM.
At least they had rolled the May contract by then. You would be begging in the street for change.
How would THAT work anyway? I think it would be near imposible for it to go negative before a ETF would roll out of a contract month but would the ETF be obligated to have to send in a check for the contracts in credit pricing?
I would think maybe the ETF runner would have to fund the payment and call the etf insolvent and then recapitalize it with new share partners?
On the topic of oil, I bought some USO calls for January 2021 today. I basically need the stock to reach ~$4 by next January to make some profit.
Also please explain to me how theres literally ZERO fast casual food sales but Chipotle is up 50% past month
McConnell Says He Favors Allowing States to Declare Bankruptcy
https://www.bloomberg.com/news/artic...are-bankruptcy
Mitch McConnell is not going to give or loan anymore money from the U.S. government, after this $500 Billion that is now being approved for “small businesses”. It will be gone in two days, to large businesses, medium size businesses and many small businesses will get almost nothing.
As for the people, that one time payment of about $1200 will have to last until you get a new job.
Which state will be the first to declare bankruptcy?
we are approaching a political end game where trump will be called on by his constituents to bail them out, which will be in perfect alignment with the democrat bill proposals, only to have no other than mitch himself block them. the optics are absolutely mesmerizing frankly.
i honestly doubt an 'outsider' will become president again for generations.
the odds of the gop existing as relevant political entity scale perfectly to the number of fox news victims who are going to queue up for hours in bread lines to survive the coming months + homes foreclosed on.
conservatives are the new trannies.
spy 220c dec 2020.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Purchased a couple interesting stocks last week, to me at least. Bought half position in WYNN which is clearly entering falling knife material especially since I bought it. Bought 500 shares @ $88 or so. Will double down most likely if it gets low 70's and would probably double down one more time should it near its 2020 lows. One of the only true recovery plays left worth buying imo. Airlines, sure. Cruise ships, no. Macau is the big question mark with WYNN. Looking for $150 exit.
Other stock I purchased UAN. This one a Carl Icahn special. Sure it's up like 400% in the past year but we're looking at possibly $30-50 in dividends alone in 2022. 500 shares purchased. More specualative play so I'm one and done.
Current portfolio: 3050 shares SPG @$64 purchase price, 26k shares PDI (10% div yield with 5% kicker for DRIP paid monthly), 6400 shares VLO @67, 4200 PTR @ 33, 13k CVI @17. Own around $100k in each BTI, MO, EPD, MMP, MPLX, PBR, MPC. Some smaller positions in a few other stocks.
Investing philosophy is buy dividend paying stocks that are in deep value territory. Current yearly dividends are over $200k. Think I can squeeze another 50k this year using covered calls I can explain my strategy more in depth if anyone is interested. SPG was the biggest no brainer stock I've ever purchased. Would have purchased earlier but I didn't have the money to buy when it was in the $40's. Always had exit strategy at $200. Think we can get there this year at some point. Depends on whether the rotation from growth to value continues.
Wynn Resorts stock may not recover for a very long time because of the Chinese government crackdown in Macau.
About 75% of Wynn Resorts profit came from the three Wynn casinos in Macau.
The casinos cannot extend credit to their customers and the junket operators who used to extend credit, handle billing, lease space to run games in casinos. They are all out of business.
I think Macau is still in some sort of state of lockdown because of covid.
Still the $4 Billion Wynn Palace looks incredible.
Maybe someday we can travel and gamble there.
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