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Hope you're right!
Good talk - right on brutha!
AGREE!!!!!!!
"A good percentage will die" would suggest a percentage of >50%.
Also...
In many hospitals they are not accurately coding the causes of deaths. Secondly, antibody studies from Stanford and USC researchers suggest the numbers of infected / previously infected and with mild symptoms or asymptomatic are significantly higher (50 to 80 times higher in Santa Clara and LA counties). So a true mortality rate has not been accurately determined.
In addition, 20% of all deaths have occurred in nursing homes - elderly high risk individuals coupled with inadequate healthcare personnel and services.
Your statement "a good percentage will die" is ridiculous." The true mortality rate may actually be less than 1%.
I agree with you... WE ARE in a deflationary period - no argument whatsoever. But you are not seeing the whole picture and the future result of the pandemic. If people are not producing (and unemployment is still increasing, not decreasing), and this continues, the "glut" of goods we both agree is prevalent now dries up due to either current demand or destruction. When people start going back to work - and it appears it is going to be a very slow process - demand will increase, but supply will be down and need to catch up. Many businesses will already be closed permanently (I know a handful just in my hometown) so the number of jobs waiting for Americans will be less than the number that were filled before the shutdown. It will take time and $ for new businesses to pop up. Not to mention many people who had savings are now forced to use it. New businesses will not open overnight. You said no one will be buying $50 steaks at restaurants and you are right, they may be buying $50 steaks at the local grocery store. You cannot euthanize livestock or destroy crops because of a glut, then raise new livestock or grow crops overnight. Many farms will have to start from scratch. And many will have gone out of business. And few Americans will want to rely on imports from other countries, especially China when this ends. Buying American will increase costs too. Look at the big picture and not what is happening right now. There is a real chance of stagflation in the coming years like we had in the 1970s.
A good percentage will die????
Depends on what part of the country you are talking about.
30 - 40 million are also NOT PRODUCING!
Right. The calm before the storm. How old are you? Do you remember the 1970s?
Right! Restaurants are closed. Many will never re-open. Farmers losing their crops and livestock, many to also go out of business. Meat processors / packing plants with skeleton crews or forced to close completely, drug supply chains interrupted, 30 million out of work now - and climbing, travel industry in shambles, BIG GOVERNMENT getting bigger and taking more control, cost to bring manufacturing / supply chains back to North America. Possibility of social unrest at home and quite possibly war with China. You cannot just flick on a switch and get it all started again. Eventually the "glut" dries up or is destroyed and we don't have the economic infrastructure in place to rev it back up. The longer this "stay at home" bullshit is in place, the more fractured our economy becomes.
Yes, I agree. We have a HUGE glut of goods, especially oil. BUT do you not see what is coming? Not only are some supply lines disrupted. Do you realize what is happening with farmers? They are being forced to dump their milk, eggs are rotting, cattle is being euthanized, Idaho farmers are watching their potatoes rot. 30 million people now out of work. You cannot stop the economy THEN expect it to just pick up where it left off. Once businesses open up again and the economy starts humming, what is going happen? SHORTAGES! You need to look at the future effects of the economic shutdown, not what the current situation is.
https://www.google.com/amp/s/www.barrons.com/amp/articles/the-trillions-of-dollars-in-stimulus-money-will-have-a-worse-long-term-economic-impact-than-the-financial-crisis-51587746207
You do realize we are heading toward significant inflation because of shortages, right? Do you understand why one would want to buy precious metals before this happens?
https://www.investopedia.com/articles/investing/080813/how-profit-inflation.asp
Just bust'n your b@lls Live!
I stopped posting here because FAKE19 aka Rocko gets his jollies copying iHub posts and pretending he is SPORT19 over on StockTw@ts.
I wonder what Livendi will say here tomorrow? I can't wait!
You still buy'n Bidds?
Do the opposite of whatever SUCKITUP says folks - it's a winning strategy!!
I bet "you" will soon be posting that on Stocktw@ts.
They won't lose the suit. And it will make for a nice PR. But not sure why Mustang thinks they can still get $1 to $3 billion. This thing is at 22 cents for godsakes!!!!
That's right. Forgot about the $35 mil.
C'mon buyout!
Is it coming soon? Like BEFORE they need to reverse split?
Got to get in with some influencers if you want social media to work. Get a few influencers to follow and Verb will get the message out. Doesn't Rory know any influencers?
Go into my profile and click on "My Stocks." I've added to every one since mid-March. Almost every single one of them is in the green!
Look outside the small-caps while you still can people!!!!
Posi... if you learn ONE thing in your life, I hope it is this...
ALWAYS go against the grain!!!
I agree with you SPORT19. Hence the reason I still occasionally buy low (to average down) while at the same time point out the poor management to date.
I mean c'mon, just on the IP paper alone, SPORT should be worth at least twice that of Surgibot. Why hasn't this been sold yet???
Agree. Put this thing, and us, out of our misery! My 75k shares of Titan are worth about 50 shares of ISRG. I'll take'em FFS!
Well Live, a BO or a RS. Which is it?
LOL. Wow, I guess he lived for his iHub Titan fantasy.
Haven't we all already regretted it Live?
Hey Bidds, you buy'n bro?
Well, if you factor in the previous raise, they really only need $98.8 mil.
Go Titan!
:D
We're in Bizzaro World! Something is cook'n!!
https://www.investorsobserver.com/news/stock-update/is-titan-medical-inc-tmdi-stock-a-good-buy-in-medical-devices
Which leads one to wonder what might be wrong with the system AND / OR did management really deceive investors?
I suppose another option would be that they had turned down past offers because they were intent on going it alone, only to run into development headaches and burn through all their $ trying to fix all the little issues. They've certainly pissed off enough people!
Live, I'm pretty sure it was a major pump that caught the eye of a bunch of bored traders.
Getting Titaned isn't much different than getting Clintoned. Although, at least when you get Clintoned, you're dead! Getting Titaned is like a continuous an@l r@pe.
Did you really talk to him?
As much as I am frustrated with him, I am glad to hear the retirement rumor is bogus.
If he really said what you say he said, it supports my theory that the $1.2 mil is to help "clean up" some of the mess before a possible acquisition.
I surely hope this is the case.
Good to know. Some dude posted one of my ihub posts today too. smh
Adrock, by now I thought your english would be better.