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Re: bar1080 post# 3596

Saturday, 03/21/2020 9:31:34 AM

Saturday, March 21, 2020 9:31:34 AM

Post# of 7047


Even if the government steps in and bails out the airlines, the automakers, the cruise ship operators, and any other industry that's struggling, it's only to keep the lights on.

A bailout, no matter how big, isn'tgoing to generate revenue and profits.

Without revenue and profits, it becomes incredibly difficult to determine what a company is actually worth.

And right now, we're not even close to the bottom. Stocks might look cheap, but if the markets have another 10, 20, or 30% drop in them (and they might), then they're going to be even cheaper when the dust settles.

Keep calm and buy put options.


---The Happy Trader

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