Background is in Investor Relations and portfolio management focused on energy stocks. Always looking for opportunities to learn & share more.
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Why have you posted this closing quote from Friday?
Awhile back I'd asked if people here had received their stimulus checks. Response was muted with just one or two addressing my question.
Well, hard to believe but here's what's taken place for my wife and me:
We received a Visa debit card, ostensibly in whatever amount deemed appropriate by IRS and both my wife and I are the recipients. That info is just phone call away.
My first impulse was to throw the mailing out, figuring it was a scam but then I noticed it was addressed to both wifey and me. The Mrs. went to the IRS website and, indeed, it's legit.
So, while we're not going to be receiving checks as has been widely purported, apparently Visa debit cards are to be the norm.
I'll accept this!
Hoping this puts somebody else at ease...
Jugs
Agreed!
Fear may wreak more damage than we're foretelling.
This is an absurd informational source as it incorporates only technical analysis.
The anticipated FDA review coming in early June cannot be factored into any current technical analysis. Thus, if fundamentals are not accessible, then the analysis is severely flawed.
What factual evidence supports your contention?
It's so quiet around here there's nobody around to hear the proverbial pin drop.
Thank you.
I saw this elsewhere today.
Not all doctors are compassionate.
As for connecting all deaths to Covid-19---
Does it really matter?
I don't give a rat's ass as I'm not into political jousting.
But I do care about people although you won't hear me complaining as my life couldn't be better.
I don't take sides with others whose aim is that of promoting their opinions above all others.
Do you know of anyone dying from a lost job or inability to dine out or go on a cruise?
Great points, Pete807!
As per the sort of thing you're saying, I sold off 27,000 shares of RCEL a couple of months ago. As of today I've replaced a lot of them, taking advantage of this uncomfortable time for so many good people out of work, out of life and definitely challenged monetarily.
Life is really good when we can do and go as we please!
I wish everybody here my very best.
And, for what it's worth, adding today at well under $6 was delightful! $5.74 didn't hurt either, not a bit. lol
I'm not using any margin. Instead I maintain a strong cash position.
Historical highs and lows don't impress me as there's no future in history.
Thank you for looking out for my welfare.
I've got four ponies, three donkeys, two Australian heelers (dogs) and a couple of goats---and you think I don't know about horse flies?
lol
They eat turds.
You don't know what horse flies eat?
Really?
Like, r-r-r-e-e-e-e-a-a-a-a-l-l-l-l-l-l-l-ly?
Must be a swarm of horse flies.
RCEL is on sale! I sure hope others here recognize it and are taking advantage of the moment.
I've picked up a few thousand shares at $5.99 to $6.01.
while I thought I'd be able to add significantly at beneath $6.10, I didn't see $6 or below coming our way.
This is a gerrreat opportunity!!!
Masks do work. But nothing is perfect so why not think of it as a precautionary device? It's a partial bit of a smarter approach.
They probably do save lives but only a fool would dare to challenge that at risk of death.
I don't think it's wise to push a political agenda at the expense of smart self-management.
Early on in the pandemic nobody knew or understood what was happening to our global population. Closing doors seemed to be the wise move. I'm sure it saved a loot of lives.
Let's not confuse caution with a political agenda.
Am I hearing sentiment, trading based on hope or gambling instincts?
My answer:
None of the above!
It's adherence to things historical.
And that will break an investor.
How?
Simple---
The global pandemic has destroyed any semblance to "normal" or "what we'd gotten used to."
The funny thing about history is that there's no future in it.
The artist up there directing traffic has seen fit to upset the whole freaking balance and it's time for us to redirect. We will not have "arrived" until we have found a balance...a NEW balance that will work in the near term although not necessarily beyond.
Nothing is to be assumed today, nobody knows the extent of decimation but we all know that it's a new paradigm---new rules, new boundaries, new approaches.
GE has lost its main focal outlet. Plane motor cancelations and much more have united to destroy GE's marketplace appeal for what may be years if not total ruin. What company would even want to buy GE at $3? How could such a buyer monetize the purchase?
What would anybody pay for sentiment?
Hope?
A gambler's instinct played out against a marketplace vacuum?
Thank you for asking.
My CPA handles taxes for me.
I'm ok with risk. So long as I can generate gains, I don't care about short term or long term differences. My job is that of creating wealth.
It may not be a good time for you to be getting into the stock market. It's extremely unstable.
Sorry I can't help you.more but you are focusing on safety while I'm on the other side of the world.
I sold off, lost $500. You did better than I.
So other than for this you're a happy campet?
Sold off 4,500 shares of RCEL in the $6.24 to $6.30ish range. still holding 56,000 shares.
Doing this enables me to set up for a repurchase in the sub-$6 range, should happen soon enough.
At the same time it enhances my liquidity side---I pulled $9K out and put it in the connected checking account.
Lastly, this sets things up so that when (if) I restore the shares just sold, my cost basis will drop accordingly as I'm presently underwater.
It's really a win-win-win.
At the same time, I took some of the repatriated cash, adding to my MNLO position which conveniently was down enough to be very attractive.
Anyone else trading and weaving his/her way?
Where are they putting those 80,000 hoax corpses?
It begs the question---how is Mother Board improved by holding you, the local god---captive and subject to strict rules?
As for supporting Trump---that oughtn't mean that you must defend Fauci, does it?
And does it automatically translate into your being deprived of freedom of speech?
I don't break rules and laws. I don't speed on the road when trucking. And I've never spent a day or part thereof in jail. So I take pride in knowing I support the laws of the land. I'm not necessarily a patriot but I'm a good guy.
And I know you are as well.
It's not easy dancing on hot coals.
I'm surprised to hear this. It's your board and not specific to any one stock. I guess nobody gets past house rules.
Power and control have never been part of my persona. This may be due to my not feeling threatened financially even now as we try to adjust to dire circumstances.
I recognize my blessings and am filled with love for the life I have.
Thank you for setting forth your take. Much appreciated.
As for my dismay? I can't help viewing endlessly voracious appetite for more and more wealth as sickness. I think I'm afraid to take a really hard look at pig-sickness in fellow humans. Not the way I want to peer through my rose colored glasses, I guess.
It begs the question: when is the hoard enuff?
I think it's a sickness.
What was Fauci to gain if the allegations are on point?
Could you explain why you've posted this on the GE board?
Thanks.
This news is two months old!
This is really old news.
Hmmmm....
Maybe Wendy's ought to hook up with Jack in the Box.
Y'all remember JITB came out with a slogan years ago---"Where's the beef?"
Well, now, maybe they found out, huh?
May beef save the world!
And now, let us prey.
Ooops, make that pray.
Totally agree.
I made $75,300 last week.
How'd you do?
What you're saying is that the seller controls the outcome by deciding WHEN to sell. Really?
Take it from Einstein:
That's beyond dumb. It's downright stupid!
What crock---alleging that share price erosion isn't really there until you unload your shares?
What will YOU BUY with the remaining fractional value when you do sell?
Value is lost whenever valuation diminishes. When we sell is a movable decimal of course. But what we get by way of proceeds is everything. After all, we buy stocks in order to gain a foothold on future valuations. Value can be measured in shares or dollars.
You may choose to sell today and maybe you've lost just 50% of your initial investment. But when you say it's all about "when" you sell---try wearing a smile selling shares bought at $9 for $4.50.
Where's the smile?
And holding on thinking better prices (valuation) will come along?
Well, now---suppose the price drops to $3. What do you blame for the loss? Is it the TIME of sale? The over-payment when initially buying? The Corona virus' fault? A plot by the Chinese? Our Administration?
Point of sale means nothing in the end. The overall profitability picture is the only reason we invest in the first place! Time isn't anything more than a commodity we use to reach for trading-balance schemes.
Only the IRS recognizes stock sales for it's how they determine the final determination of taxability issues.
Cutting the workforce is so logical, even a second grader would have anticipated it, I should think.
Denial is, indeed, rampant.
Better yet, maybe they need to remove every other row of seats with older men occupying them, preferably with underlying health conditions resulting in their compromised immune conditions. This'll remove two aspects of the equation in one swell poop.
Pardon my sarcasm, please.
Given enough time, I figure most everything will become far clearer. For the moment, we don't have the answers we seek.
We all wonder about the survivability factor of the airline industry.
Knowing that there will invariably be forces in play supporting both their survival and demise, I figure it's the wrong time for me to be involved.
I had been in AAL since the pink days when I was buying at 35 to 50 cents. Sold most shares in the $52-$54 range several years ago. Less than two months ago I sold my remaining position built of second-wave court granted shares. I'm still in line for another court-set granting of shares but I won't be investing cash until there's greater visibility.