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Re: Mermelstein post# 69924

Sunday, 03/22/2020 8:55:15 PM

Sunday, March 22, 2020 8:55:15 PM

Post# of 116568
Mermelsteing......so you assume. What if you are wrong? What if the governments of the world move in one direction together (like they are) no matter what? Perhaps you have seen indications that this is changing, but I haven't. I watch Trump in his broadcasts. He keeps saying that saving lives is the most important thing there is. He started that about a week ago and hasn't stopped since. Do you expect him to reverse that later and say that the economy is more important and that letting Americans die is the best approach now? He obviously has seen the economic projections of what could come from the course they have laid out, yet he talks about lives as #1 and the economy coming back later is all. I'm figuring they plan on throwing $2T at America and hope they can put a band-aid on the economy while also trying to lesson the number of deaths.

I'm not saying what is or isn't the best method going forward in dealing with this virus. It's a choice of ugly vs uglier. My opinion is that too many people on this board are only looking at what is cheap and not taking into account that, if they are wrong in their assumption that the 2nd half of 2020 is a rebound or that the virus won't be part of the community 12 months from now (which in itself forces social distancing), then they may not last much longer financially than the microcap they are invested in. There are a lot of small companies people are invested in that can not go months with no sales. These small public companies are in just as much danger as the Mom&Pop at the strip mall. People need to own companies that thrive or survive for sure, not just be hopeful the ones they own rebound because they are cheap.

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