Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    I've set at increments all the way down to $5. I can't imagine it goes much below that without bankruptcy.
     
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  2. HuskerInMiami

    HuskerInMiami Well-Known Member
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    Wife was looking at buying a practice. Would it be smart do it now or not?
     
  3. Gallant Knight

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    Honestly you have to admire Elon’s ability to just not give a fuck. Just reported what ever Q1 delivery numbers
     
  4. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    lmao @ them jumping *15% after hours at his reporting

    *and counting
     
  5. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    There was a time I almost bought TSLA in the $300s but Gallant Knight convinced me not to:crossedarms:
     
  6. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    It'll tank again. In the meantime, I imagine he'll be part of a massive group of people shorting the fuck out of them as a result of this earnings statement.
     
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  7. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    One of these days I'll have the balls to short a company like Gallant :ohgosh:
     
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  8. pacey

    pacey Well-Known Member
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    I just dont have the cash and I will not touch margins.
     
  9. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Balls and cash flow.
     
  10. burnttatertot

    burnttatertot butt tuck zoomies
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    Down $30 this week already, you're welcome.
     
  11. southside

    southside Well-Known Member
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    Seems like it
     
  12. pacey

    pacey Well-Known Member
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    What will be ridiculous is when WTI tailspin’s with the oil CEOs in his office tomorrow. Trump may give them the farm as he shits his big boy pants tomorrow.
     
  13. pacey

    pacey Well-Known Member
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    Got some SCO an hour before the close. Actually got uco too, stops on each because this thing is running one way or the other.
     
  14. pacey

    pacey Well-Known Member
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    Only way Saudi bends over is if trump threatened to pull the fleet. If that happens oil goes through the roof and that would save Texas economy which is a big big part employer. Don’t know what if anything makes Putin bend a knee. So either that 40% SCO drop on Trump blabbing goes right back up or there is something on the stove about to boil over. And I’ll take a jump from 2 to 10 let alone the 20 UCO fell from.
     
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  15. pacey

    pacey Well-Known Member
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    Texas what are your thoughts there? You seem to have some knowledge of oil and I am specualting
     
  16. texasraider

    texasraider thanks
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    The problem is more demand than supply. And shutting in wells isn’t just turning it off like a spigot.

    But it’s partially a speculative market so if Russia and KSA agree to cut production, the price will go up.

    That said, spot price in parts of midland and the Delaware basin are already sub $10

    Plus shutting in wells during initial flow back will catastrophically damage the reservoir and there are some rigs still working due to lease obligations so even if every well was shut in that can be shut in, there will still be production.

    I have heard rumors that Endeavor plans on shutting in 80% of their sprayberry wells. That’s a massive expense so I don’t know how feasible that is. (I’ve only been working on opex analysis for a few years)
     
  17. LSUTigers1986

    LSUTigers1986 Well-Known Member
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    I’m no engineer so you likely know more than me on the effects shutting in shale wells but I’ve read the opposite. My knowledge is strictly based on one Bloomberg article quoting Goldman research so I’m actually more interested if this is wrong.

    edit: link below

    https://www.google.com/amp/s/www.bl...le-might-end-up-being-a-winner-of-the-oil-war
     
  18. Imurhuckleberry

    Imurhuckleberry Avid spectator of windmill warriors
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    You an RE?
     
  19. texasraider

    texasraider thanks
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    Lol no. Not smart enough to be an engineer of any sort. I’m a landman that stumbled into some dumb luck that turned into a niche area of busting old leases
     
  20. texasraider

    texasraider thanks
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    It’s an industry argument right now of what kind of damage would be done to shutting in shale wells.

    The general consensus from people I know that are a lot smarter than me is that during initial flow back, it would be catastrophic.

    It can be done with marginal to no damage later on in the life of the well. ~6 months to a year after IP
     
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  21. Baseballman86

    Baseballman86 Well-Known Member
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    I know these are overplayed, but I still chuckled.

     
  22. HuskerInMiami

    HuskerInMiami Well-Known Member
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    Can you explain what you were saying in more layman's terms? I want to send it to my wife and I hardly understand.
     
  23. southside

    southside Well-Known Member
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    the SBA provides money to banks to loan to individuals who are looking to purchase a small business. Two banks have stated the SBA is going to pay for the first 6 months of interest and principal payments if you take out a loan with them to buy a business, as long as the loan closes by 9/27 (which makes sense considering gov't fiscal year ends 9/30). That's the same thing as just getting the first 6 months of money you would owe for free, and there is no requirement for you to pay that back. So you just get a really nice discount on the loan. None of this has been announced publicly and I have no idea if it will (I would expect it would, if it's true because of the massive win the administration would book this as)
     
  24. Jesse Palmer

    Jesse Palmer Hair Product & Roses
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    All that was missing was a rant about DIS and I would have thought someone made that for me.
     
  25. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    About another $1 drop today and I'm gtfo
     
  26. southside

    southside Well-Known Member
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    Hopefully we get a nice little sell off from folks bailing before the weekend
     
  27. Baseballman86

    Baseballman86 Well-Known Member
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    Anybody got any theories on ZM? Do I dare hold a put over the weekend?
     
  28. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Not sure when you got in but it’s at a plus for the day.

    I think the consensus is that it’s still overvalued, so it should continue to come down...but who tf knows anymore.

    I’m holding mine but that’s because I bought late.
     
    #14428 Fusiontegra, Apr 3, 2020
    Last edited: Apr 3, 2020
  29. Baseballman86

    Baseballman86 Well-Known Member
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    I got in Wednesday and sold for almost 3x Thursday then bought back in with about half my profits.
     
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  30. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    My bank figuring out TD's wire fuckery put me behind, so I didn't get in until yesterday. I'm rolling through the weekend but that's mostly because I'm barely green currently on them.
     
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  31. Baseballman86

    Baseballman86 Well-Known Member
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    Last 30 minutes of the week. Should be interesting
     
  32. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Carnival announces earnings Monday morning before open

    that should be entertaining
     
  33. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    closed out DIS puts at a loss but the lowest point of the day. Bought in for the long even though I think they'll drop at our next plummet, too.
     
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  34. Hatfield

    Hatfield Charlie don’t surf
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    Thoughts on Apple REIT (APLE)?
     
  35. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Based on their industry, I'd say they'll definitely sink lower if we're really not at the worst of this yet...but no reason they're not worth long-term interest because they'll definitely bounce back.
     
  36. Arliden

    Arliden Well-Known Member
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    Personally I would not touch anything involved in real estate at the moment.
     
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  37. Dale Doback

    Dale Doback Well-Known Member
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    Buffett just crushed airlines by selling.
     
  38. Corky Bucek

    Corky Bucek Placeholder for a Custom Title
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    My personal opinion is industrial should be fine. Hard pass on most everything else.
     
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  39. southside

    southside Well-Known Member
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    Shorting the shit out of USO now
     
  40. Struggler

    Struggler Well-Known Member
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    And now I wait for CODX to fall back to earth before I can cash out
     
    Fusiontegra likes this.
  41. NoNatty

    NoNatty Keyboard Cowboy
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    Anyone thought about buying in on Luckin?
     
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  42. Drunkle Tom

    Drunkle Tom Well-Known Member
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    May have been a dumb move on my part, but I just doubled down since it's so cheap. Lost my ass on the way down yesterday, but it's too late for my getting out to be worth anything. I know a few on here avoid Chinese companies for reasons that are very apparent as far as Luckin goes, but I believe in their model. Might as well get more while it's super cheap to bring my average cost down and hopefully make my losses back. Again, not playing with anything I can't stand to lose, just trying to pare my losses on the long game I was playing with them anyways.
     
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  43. Doc Louis

    Doc Louis Well-Known Member
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    So could someone buy a business, somehow rapidly improve it's worth in five-six months and sell it off for a profit?
     
  44. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Shocking turn of events!
     
  45. InZahnWeTrust

    InZahnWeTrust Well-Known Member
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    In at $18 on 500 shares of SPXS
     
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  46. TheDKALife

    TheDKALife Well-Known Member

    Question:
    I have an LLC in which I am the owner and I believe Sole Proprietor. Its a rental property. Would I qualify for the Economic Injury Disaster Loan Program (EIDL)? The $10,000 grant that's forgivable would be nice.
     
  47. NoNatty

    NoNatty Keyboard Cowboy
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    I believe so. I was talking with my buddy who owns his own business and he applied. I’m not sure how he is structured though.
     
  48. texasraider

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    I applied for my rental cabins. We will see.
     
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  49. construxboy

    construxboy xenForo is the new TMB
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    I feel like Logistics and Warehousing will be especially hot in the "new" future.
     
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  50. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    I applied for it. I'm an LLC with me and the wife as only employees
     
    Doc Louis likes this.