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Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Discussion in 'Stocks & Investments' started by ThunderOne, Feb 1, 2018.

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  1. Apr 22, 2020 at 6:28 AM
    #8941
    Boyk1182

    Boyk1182 Well-Known Member

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    When I compare the performance of my MCD holdings vs. CVX and XOM, this graphic appears to be correct.
     
    rmorse[QUOTED] and Iwilltaco like this.
  2. Apr 22, 2020 at 6:45 AM
    #8942
    pdaddy

    pdaddy WeLl-KnOwN mEmBeR

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    Ah TRTX, I see you are a man of culture as well
     
    iwashmycar[QUOTED] likes this.
  3. Apr 22, 2020 at 6:58 AM
    #8943
    iwashmycar

    iwashmycar a lot

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    Serious question. I dont have too many shares of this. Could it be a way to "gain some"? By that, do they round up? Like if you needed 3 shares to get to the next 8, do they 'give' you that? I assume they dont round down?
     
  4. Apr 22, 2020 at 7:04 AM
    #8944
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    You’d probably just be cashed out the difference.
     
    travel_taco likes this.
  5. Apr 22, 2020 at 7:05 AM
    #8945
    rmepilot

    rmepilot Well-Known Member

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    Honestly idk. If I was in USO and could get out without taking a beating, I'd consider it. I'm an amateur at this, so never take my advise.

    I wish I got in at $2.31 and could get back out at $2.90, but don't we all.
     
  6. Apr 22, 2020 at 7:06 AM
    #8946
    travel_taco

    travel_taco Gentlemans Sausage

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    No, you'll get cash difference if you don't make up enough for 1 full share
     
    iwashmycar[QUOTED] likes this.
  7. Apr 22, 2020 at 7:06 AM
    #8947
    gpb

    gpb Well-Known Member

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    Typical reverse split is exact replacement, with any leftover as cash.

    Say you have 15 shares at $3 with a 8:1 reverse split. You'll end up with 1 share (at $24) and $21 in cash.
     
    iwashmycar[QUOTED] likes this.
  8. Apr 22, 2020 at 7:08 AM
    #8948
    Fire Chicken

    Fire Chicken Aka 'Panda Express'

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    I have gotten two gamestop. I figure they are so cheap it's not worth selling. Maybe they will pull a rabbit and turn things around? Or they can just close.
     
    rmorse[QUOTED] likes this.
  9. Apr 22, 2020 at 7:10 AM
    #8949
    travel_taco

    travel_taco Gentlemans Sausage

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    You may end up stuck holding a bag worth zero dollars if they go under and no one buys them up like best buy or Walmart.
     
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  10. Apr 22, 2020 at 7:12 AM
    #8950
    Fire Chicken

    Fire Chicken Aka 'Panda Express'

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    Meh, they are less than 10 bucks for the pair.
     
  11. Apr 22, 2020 at 7:17 AM
    #8951
    travel_taco

    travel_taco Gentlemans Sausage

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    UAL dropping after they announced more shares. At least it's in the red today like it should've been yesterday
     
    GarlicFarts and rmepilot like this.
  12. Apr 22, 2020 at 7:22 AM
    #8952
    pdaddy

    pdaddy WeLl-KnOwN mEmBeR

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    I bought 40 shares when they were at $24, does anyone think it’ll go lower than that? I’m holding long
     
  13. Apr 22, 2020 at 8:01 AM
    #8953
    travel_taco

    travel_taco Gentlemans Sausage

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    Honestly who knows haha. I have a low limit buy on it at 22 hoping it dips down there but in reality I think it'll hang around 24 for a while. Airlines have already revised guidance through summer so there shouldn't be any big news regarding the low load numbers on planes through summer. Once states start opening back up I expect airline travel to increase as people will want to get out of town.
     
    pdaddy[QUOTED] and rmepilot like this.
  14. Apr 22, 2020 at 8:03 AM
    #8954
    rmepilot

    rmepilot Well-Known Member

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    I agree and this will also have an impact on oil.
     
  15. Apr 22, 2020 at 8:04 AM
    #8955
    FirstTimeTaco2020

    FirstTimeTaco2020 I came here for the chemlight batteries

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    Is BA going out of business? That’s what the market thinks o_O
    Maybe it has just been extremely overvalued for the past 4 years :angrygirl:
     
  16. Apr 22, 2020 at 8:05 AM
    #8956
    rmepilot

    rmepilot Well-Known Member

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    No
     
  17. Apr 22, 2020 at 8:07 AM
    #8957
    pdaddy

    pdaddy WeLl-KnOwN mEmBeR

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    Ha BA going out of business, that’s a good one
     
  18. Apr 22, 2020 at 8:10 AM
    #8958
    FirstTimeTaco2020

    FirstTimeTaco2020 I came here for the chemlight batteries

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    That was just a joke lol
     
  19. Apr 22, 2020 at 8:13 AM
    #8959
    rmepilot

    rmepilot Well-Known Member

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    I'm on a telecon with BA, so my sarcasm meter was off.

    They need to restructure tho...
     
    GarlicFarts likes this.
  20. Apr 22, 2020 at 8:20 AM
    #8960
    Boyk1182

    Boyk1182 Well-Known Member

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    It was way overvalued in 2019, here is its P/E for the last decade or so:

    upload_2020-4-22_11-20-29.jpg
     
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