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Old 03-26-2020, 09:14 AM
 
746 posts, read 1,243,132 times
Reputation: 859

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Been making some precision moves in stocks and have been doing quite well in the markets.
Just wondering if anyone else has been cleaning up.

Been making moves like a typical slimeball would do, Shorted it on the way down, bought stocks that I knew were going to get bailed out and after they got their Cash Injection I sold.

I think bailouts were stupid, we should let these companies fail so they can be chopped up and new companies can be created with more competition but apparently the big wigs who make our laws need to keep their largest campaign contributors in tack. I didn't make the rules but I am tired of being a sucker.

Sorry for those who are doing the buy/hold thing with a 401k, Hope you are able to keep working maybe you can get back to your November 2019 balance in 10-15 years from now.

I don't think this is over, just taking a ride with the fake rally then getting out so it can hit the floor.
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Old 03-26-2020, 09:17 AM
 
26,192 posts, read 21,595,618 times
Reputation: 22772
So companies failing will create more competition?
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Old 03-26-2020, 09:29 AM
 
5,214 posts, read 4,024,072 times
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I mean crypto's doing great not quite Bitcoin but some ethereum tokens. Also: inverse funds, volatility buyers? Volatility still seems cheap to me since nothing was factored just 2-3 weeks ago, the call/put buyers are doing OK - I know a guy from Dubai who made over $60k from a tsla straddle this week.



Like I said it's good for as long as there are money in the market, when everything sinks then no one's selling to you and it's over. I think the "it's over" phase will come this summer. Buckle up your belt for a very nasty 2020-2021 winter.
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Old 03-26-2020, 10:11 AM
 
3,346 posts, read 2,202,036 times
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Well, our noble reps in DC are doing their best to make sure it's a windfall for corporations, especially those with deep problems like Boeing, while whining that individuals might get a few hundred too much here and there, so there's that typically "get rich off disaster" segment. Run call your brokers, now.
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Old 03-26-2020, 10:50 AM
 
1,766 posts, read 1,224,237 times
Reputation: 2904
Quote:
Originally Posted by Lowexpectations View Post
So companies failing will create more competition?
It’s a nice system you advocate Lowexpectations. In good times profits are INDIVIDUAL but in bad times losses are PUBLIC and we the taxpayers need to bail those irresponsible and failed companies.

Only Gangsters and Crooks can come up with this business model. This is what you support.
[Mod cut: personal]

Good Luck!

Last edited by elnina; 03-26-2020 at 09:58 PM..
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Old 03-26-2020, 10:58 AM
 
26,192 posts, read 21,595,618 times
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Quote:
Originally Posted by C2BP View Post
It’s a nice system you advocate Lowexpectations. In good times profits are IDIVIDUAL but in bad times losses are PUBLIC and we the taxpayers need to bail those irresponsible and failed companies.
I’m not sure if you would be able to find any posts where I said anything of the sort


[Mod cut: orphaned]

Last edited by elnina; 03-26-2020 at 09:59 PM..
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Old 03-26-2020, 11:26 AM
 
3,346 posts, read 2,202,036 times
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Quote:
Originally Posted by C2BP View Post
It’s a nice system you advocate Lowexpectations. In good times profits are IDIVIDUAL but in bad times losses are PUBLIC and we the taxpayers need to bail those irresponsible and failed companies.
The idea that success and profit are an individual accomplishment beholden to no one is a worse infection than C-19. When coupled with the other side of that coin, that any downturn, losses or costs are no obligation of individuals (especially those working the system for profit), we're up to plague levels of ideological nonsense.

If you feel no obligation to take your share of the hit, you have no business being in the game for "your share" of the gains.

Further comments withheld, as they'd lead to one of the fastest bans C-D has ever issued. I'll reduce them to... p'tooey.
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Old 03-26-2020, 11:49 AM
 
1,766 posts, read 1,224,237 times
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Quote:
Originally Posted by Lowexpectations View Post
I’m not sure if you would be able to find any posts where I said anything of the sort




You on the other hand simply fabricate things to the respond to just as you have here
This is exactly your mentality. You support Bailouts. You are a Bailout Guy! You are against the Capitalism and Free Market Economy. You like fixed game and manipulations.
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Old 03-26-2020, 12:00 PM
 
26,192 posts, read 21,595,618 times
Reputation: 22772
Quote:
Originally Posted by C2BP View Post
This is exactly your mentality. You support Bailouts. You are a Bailout Guy! You are against the Capitalism and Free Market Economy. You like fixed game and manipulations.
Again you just fabricate what you want to argue against
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Old 03-26-2020, 12:12 PM
 
4,150 posts, read 3,907,021 times
Reputation: 10943
I have made 19 or 20 million off of this crash, I can't keep track and getting kind of bored with it.
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