spin_dry Posted March 16, 2020 Share Posted March 16, 2020 3 minutes ago, revkevsdi said: Yeah. You are probably bang on with that. I believe that trump was the only politician with enough political capital to ground those pieces of shit. He was almost forced into it. The planes were massively flawed and another crash was going to occur. Boeing still got a sweet deal with numerous new government contracts to help ease the pain of future non-existent orders for the death jet. Those contracts came despite boeing being behind on the the delivery of several other contracted products with the US government. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 16, 2020 Share Posted March 16, 2020 4 minutes ago, DriftBusta said: I had a client who inherited about 150 grand worth of it from her dad, as of last year. A couple jet crashes, and some missed profit projections, many analysts including ours changed their rating to a sell and I got most out around 360-390/share. I put a sell stop in for her at 350/share and preserved her gains, her cost basis was under 100/share. She got all sentimental over it and bought it back around 360/share a few months back against my advice. It got down to about 160/share last week. Yikes. The reason why I got sad about selling it is because it was the stock that taught me to play a long game. I can say that after 10 years of owning a reliable stock that I only peeked in on every now and then, it helped me appreciate the power of time. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted March 16, 2020 Share Posted March 16, 2020 1 minute ago, spin_dry said: The reason why I got sad about selling it is because it was the stock that taught me to play a long game. I can say that after 10 years of owning a reliable stock that I only peeked in on every now and then, it helped me appreciate the power of time. Since I've been in this business I've learned that you can't get too reliant or sentimental about any of these stocks. GE's fall from grace has been well documented, just like Boeings. That doesn't mean that they're still not viable companies that won't regain their former glory either. Kraft Heinz is another iconic company who's fall from grace came out of nowhere. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted March 16, 2020 Share Posted March 16, 2020 10 hours ago, spin_dry said: 1 hour ago, DriftBusta said: I'm hoping to make a quick score on GE or maybe Boeing. They're both in the toilet right now. You can thank me later. Bought more GE on Thursday. Hopefully it comes back around sometime down the road Heard Boeing moving their headquarters was a huge fail. Since they were WWII heroes ...govt should always set them up one would think 24 minutes ago, DriftBusta said: I had a client who inherited about 150 grand worth of it from her dad, as of last year. A couple jet crashes, and some missed profit projections, many analysts including ours changed their rating to a sell and I got most out around 360-390/share. I put a sell stop in for her at 350/share and preserved her gains, her cost basis was under 100/share. She got all sentimental over it and bought it back around 360/share a few months back against my advice. It got down to about 160/share last week. Yikes. Eeesh... Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 16, 2020 Author Share Posted March 16, 2020 Markets will open down nearly 10% Today will wipe away massive wealth Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 16, 2020 Share Posted March 16, 2020 1 hour ago, f7ben said: Markets will open down nearly 10% Today will wipe away massive wealth Paper gains vs paper losses. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 16, 2020 Share Posted March 16, 2020 2 minutes ago, ArcticCrusher said: Paper gains vs paper losses. Imagine waking up one day and deciding the “financial advisors” in this place are where you feel you should get your information. My god. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 16, 2020 Share Posted March 16, 2020 8 minutes ago, Zambroski said: Imagine waking up one day and deciding the “financial advisors” in this place are where you feel you should get your information. My god. I learned early on what their game was when I started buying investments that did not pay them any commissions, either upfront or trailer fees. Suddenly these investments were the ones they wanted to substitute for. Fuck, they even thought I would just roll a 7 figure investment into a fee based account that previously paid them squat. They have a place and I'm not suggesting everyone should do their own investing as is evident here. There is also nothing wrong with having multiple. Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 16, 2020 Share Posted March 16, 2020 2 hours ago, Zambroski said: Imagine waking up one day and deciding the “financial advisors” in this place are where you feel you should get your information. My god. Nailed it. But they are so good at calling the market....LOL Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 16, 2020 Share Posted March 16, 2020 Jesus Christ. What a blood bath. Holy fuck. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 16, 2020 Platinum Contributing Member Share Posted March 16, 2020 2 minutes ago, spin_dry said: Jesus Christ. What a blood bath. Holy fuck. sure is ugly Quote Link to comment Share on other sites More sharing options...
Anler Posted March 16, 2020 Share Posted March 16, 2020 4 hours ago, f7ben said: Markets will open down nearly 10% Today will wipe away massive wealth 3 hours ago, ArcticCrusher said: Paper gains vs paper losses. 3 hours ago, Zambroski said: Imagine waking up one day and deciding the “financial advisors” in this place are where you feel you should get your information. My god. 46 minutes ago, racer254 said: Nailed it. But they are so good at calling the market....LOL Looks like Ben was right....Again. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 16, 2020 Share Posted March 16, 2020 1 minute ago, Anler said: Looks like Ben was right....Again. Oh just fucking spare us all. He reads the futures then puts up his version of retard like he’s some financial genius. Now, go suck his dick out of my sight. 1 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 16, 2020 Share Posted March 16, 2020 6 minutes ago, Anler said: Looks like Ben was right....Again. Yes you two are pillars for financial success. GMAFB. 1 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 16, 2020 Share Posted March 16, 2020 2 minutes ago, ArcticCrusher said: Yes you two are pillars for financial success. GMAFB. Have you seriously read some of their posts of financial reasoning and forecasts? I’m reminded of when I thought I could day trade like a boss and perusing random, obscure financial/trading forum boards and the Yahoo finance boards filled with absolute nonsense from complete clowns following around Jim Kramer and plagiarizing his Schtick from the night before as if they had any clue at all. What a mess. 1 Quote Link to comment Share on other sites More sharing options...
washedupmxer Posted March 16, 2020 Share Posted March 16, 2020 (edited) 16 minutes ago, Anler said: Looks like Ben was right....Again. Is Ben laughing at your losses in Bitcoin as well or aren't those funny? Edited March 16, 2020 by washedupmxer 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted March 16, 2020 Share Posted March 16, 2020 2 minutes ago, washedupmxer said: Is Ben laughing at your losses in Bitcoin as well or aren't those funny? Yes he is a real son of a gun! 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted March 16, 2020 Share Posted March 16, 2020 12 minutes ago, ArcticCrusher said: Yes you two are pillars for financial success. GMAFB. 5 minutes ago, Zambroski said: Have you seriously read some of their posts of financial reasoning and forecasts? I’m reminded of when I thought I could day trade like a boss and perusing random, obscure financial/trading forum boards and the Yahoo finance boards filled with absolute nonsense from complete clowns following around Jim Kramer and plagiarizing his Schtick from the night before as if they had any clue at all. What a mess. And you two have been wrong the entire time! Hows that shit going in Italy again? heh Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 16, 2020 Share Posted March 16, 2020 2 minutes ago, Anler said: And you two have been wrong the entire time! Hows that shit going in Italy again? heh No shit. In defense of Zam, he just attaches himself to certain people to get a scratch behind the ear. The other is just sore, bitter, and attacking right now. Quote Link to comment Share on other sites More sharing options...
Anler Posted March 16, 2020 Share Posted March 16, 2020 2 minutes ago, spin_dry said: No shit. In defense of Zam, he just attaches himself to certain people to get a scratch behind the ear. The other is just sore, bitter, and attacking right now. Zam doesnt really add any value or opinion he just blabbers and derps when certain members post. AC thinks he is the smartest person in the room. 1 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 16, 2020 Share Posted March 16, 2020 13 minutes ago, Anler said: And you two have been wrong the entire time! Hows that shit going in Italy again? heh Show me. 8 minutes ago, spin_dry said: No shit. In defense of Zam, he just attaches himself to certain people to get a scratch behind the ear. The other is just sore, bitter, and attacking right now. Quit your fucking whining and own up to your life of failures. It will make what remains much easier. 5 minutes ago, Anler said: Zam doesnt really add any value or opinion he just blabbers and derps when certain members post. AC thinks he is the smartest person in the room. Poor Stupid Anler. 1 Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 16, 2020 Share Posted March 16, 2020 (edited) 34 minutes ago, Anler said: Looks like Ben was right....Again. LOL. Yeah, ben was right. When will he be saying the market will go up. Predicting the market to go down in a crisis? LOL. Lets guess what will happen around the beginning of april? Edited March 16, 2020 by racer254 1 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted March 16, 2020 Share Posted March 16, 2020 35 minutes ago, Anler said: Looks like Ben was right....Again. Good financial advisers aren’t the amazing Kreskin and don’t make predictions. I bought some more GE and Tesla today. 😆 Quote Link to comment Share on other sites More sharing options...
Anler Posted March 16, 2020 Share Posted March 16, 2020 4 minutes ago, racer254 said: LOL. Yeah, ben was right. When will he be saying the market will go up. Predicting the market to go down in a crisis? LOL. Lets guess what will happen around the beginning of april? Ask him. I dont think it is going to be going up for a while personally and I wouldnt be surprised if it goes down quite a bit further. Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 16, 2020 Share Posted March 16, 2020 4 minutes ago, Anler said: Ask him. I dont think it is going to be going up for a while personally and I wouldnt be surprised if it goes down quite a bit further. Him and chicken little have been giving their prognosis of the stock market decline for the last 4 years. While everyone else was making a killing they were pushing for disaster. FFS, predicting a decline for 4 years is like saying the weather will turn nice....eventually. DUH, everyone knows it, but they don't take claim for predicting it. 1 Quote Link to comment Share on other sites More sharing options...
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