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ITCC taking off - are common shareholders now getting something out of this buyout?
SuperDrive-
They better do something about the mortgage servicers; once the BKs start..it will all cascade from there. I mean I can't imagine they would let the entire sector go down.
researcher - do you own NLY, ORC and CHMI currently?
researcher - opinions on REML? Entry point? I sold off the last of my REITs last week, but i'm looking to get back in. It's hard to know how to value this sector right now.
IVR - Anyone buying at these levels?
KIK - I would probably look at cruise/airlines. Already have SAVE but I am thinking ETFs would probably be a safer bet because I don't want to be super concentrated in one airline specifically. SAVE just has a lot of cash on hand.
Run on banks? These are the types of headlines that almost become self-fulfilling.
https://www.cnn.com/2020/03/18/economy/banks-cash-coronavirus/index.html
When does this madness end?
Wade you are becoming quite the contrarian indicator :P
larry-
What are your favorites on that list? I already have some bids in for a few of those and others. Added EBIX and CUBI today also.
WHO just declared coronavirus a pandemic. Hmmm. I think we knew that was the case already but we'll see what impact this has on the markets.
Best Values:
Have you guys started making lists of your best value plays after this whole thing blows over?
I've been looking at the travel industry (although I think that will persist for awhile) and definitely some banks with lower exposure to the energy sector.
Mermelstein - I agree with you, but it's the optics of the whole situation. And now it's not just corona, but oil. I don't see a meaningful bounce right away, but ultimately this should be a good buying opp.
Bbotcs- you have some big cajones. I wouldn’t have touched it over 10. I wanted to short the hell out of it at that price. We are just talking additional mask revenue. Not the cure for cancer ;)
Mermelstein - 3% definitely seems high, but i'm not sure it's going to be that low. It's definitely more dangerous than the flu. Guess it really depends on how many people go undiagnosed.
bbotcs - It has been wild swings in each direction. It's tough to say how the rate cut, coronavirus aid, Biden support, etc.. is all going to factor into this.
In the next month or two, I'd expect a lot of volatility. I added more market puts when the market was up about 1000 today.
It's lunacy to think that the market would run right back to 29,xxx...but not outside of the realm of possibility.
Guess we'll all have to wait and see.
Coronavirus - 6 deaths in Washington State. This thing is probably a lot more widespread than current news is reporting. I sold my SH market calls on Friday and added more today.
researcher - Agree with you on the media, but this is going to have far bigger implications than even 9/11 did. A lot of lost revenue. Temporary, yes, but still a big deal.
APT at 43. Good chance it sees 50 today. Absolutely insane.
DYNT - omg, hit 4 this morning. I can’t believe I sold this yesterday.
Coronavirus impacts - The government may throw some sort of lifeline out there to reduce the impacts of this, but I think the market still has quite a bit of downside. The reality of this whole situation is that it's going to really have a significant impact on many different kinds of business
Funny thing is if this virus hits 20-30 years ago, you wouldn't see this kind of attention. People would probably assume it was a bad flu season. Lower impact to everything. The age of instant information can really have dramatic consequences worldwide.
bbotcs - I've already checked Amazon a couple days ago and it's insane..there's literally none available. But even with APT getting $10 million to potentially higher orders, it's still not realistically enough to drive the stock price this high. It's all fear driven.
Hell - i'm supposed to fly to the other part of the U.S. in a couple weeks and even i'm having second thoughts. I don't want to get detained or have anything else happen while i'm gone...you know?
Any of you guys worried about domestic travel right now?
RNsiders - You rarely see stuff like this. It's too bad there are no short shares available. It will be one of the easiest plays you will ever see...if you have the guts to hold through the volatility :P
APT- 28s now.
RNsiders- Options are just STUPID right now. I won't touch those with a 10 foot pole. You know this thing is going to come back to planet earth, but who knows when. So much uncertainty right now. I guarantee you no one will want to hold stocks into this weekend unless they do something tomorrow to counteract.
DYNT - Just sold my shares into this spike. Hopefully it drops again so I can reload.
APT - Just hit 22.67...WOW!
Wade- I think your logic is flawed on this one. This is going to be bigger than a 10% correction.
APT may hit $20 today - unreal.
APT - in the high 14s (AH).
bbotcs - LOL.
bbotcs - Trump's speech and whatever stimulus may temporarily stabilize the stock market, but there is a lot of fuel to drive the market down over the next couple of months before we really see the impacts of the Coronavirus. It's pure speculation, but enough to drive the market down. My good friend (who always seems to nail these things) says he expects the Dow to hit 23K. Still lots of unknowns.
APT (bbotcs) - I hope it hits $20. That would be a great way to play it on both sides. A lot of this is fear/mania driven right now. There are real actual $'s that the company will add to its revenue, but it will come back down to earth once this all subsides. Could take awhile. I am putting in low ball bids for options as the next couple weeks/months could be very unpredictable, thus higher risk ;)
APT - No more short shares available from TDA. I did options (PUTS) last time. I will look to add more if it gets much more above $10.
CUO - Thanks, but I forgot I had a $10 sell (limit) that I entered late last week and lost out on some extra $$$. Still a winning trade, can't complain too much.
CUO- still have mine.
bbotcs (APT) - it's just a pump and dump situation. Any revenue increases they will get are temporary/short-lived. It's really taken a pounding the past 2 days. Didn't expect the trade to work this quickly.
APT - Just sold my $5 strike PUTS. Not a bad trade. Had to resort to options with the lack of short shares available. Thanks for bringing this to the board.
CVV - I've been in this one for awhile and it looks like it finally may be breaking out. Their revenue is pretty streaky and concentrated. I've been a buyer since the 4s.
ITCC - it's looking juicy, here ;)
APT - No more short shares available at TDA.