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Alias Born | 01/24/2007 |
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Sunday, March 22, 2020 10:45:05 PM
What are you doing here?
We're not witnessing a 'small economic pullback' here, just like COVID isn't 'just the flu'.
Nearly EVERY company will see REVs and Earnings CRATER by 20-50-80%.
Big-money is rapidly repricing SP500 earnings down from $135 to maybe $60-80, and repricing the SP500 to a multiple on THAT.
What's fair-market-value for $VRUS under those conditions?
Is there harm in waiting for trip 5s or trip 3s or whatever?
I'll answer: No harm.
GLTA!
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