Coronavirus vs Investing

[killramos]

If you question the rally. You hate ‘Berta.

Don’t be hatin’ Berta or you are like Martini ‘Liz.

[The_Rural_Juror]

It's going to be a double BEYOND meat default order now. 0x the meat, 2x the price.

[ExtraSlow]

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It's going to be a double BEYOND meat default order now. 0x the meat, 2x the price.

[The_Rural_Juror]

Fine. You seem like a rotisserie in the kitchen kind of guy.

Seriously. You should try the beyond burgers. They're impressive for veg.

[killramos]

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Fine. You seem like a rotisserie in the kitchen kind of guy.

Seriously. You should try the beyond burgers. They're impressive for vag.

ftfy

[ercchry]

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Well.. loaded up

Long on AAPL (jun. calls)
Long on AC (jun. calls)
And a little HOD, just for you ExtraSlow

Well AC and HOD worked out great (60% and 90%). But that AAPL!!!! If this keeps up my completely out of the money options might actually cover... which looking at the covered options today would be a 20x? That would make up for NFLX... which is doing great, but wasn’t planning to hold this long and May contracts were a mistake

[msommers]

MRNA earnings and update yesterday. Showing some nice gains.

GILD just sitting there, I've put some in for a short-term.

[Sky]

Buy CODX, their Q1 will be released before May 15 and will blow everyone's expectations. Good for long term as well as they are selling COVID-19 test kits to over 50 countries. Do your DD. You won't see current prices again after Q1 release.

[msommers]

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their Q1 will be released before May 15 and will blow everyone's expectations.

What is leading you to think this? Why would expectations be low?

[A790]

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What is leading you to think this? Why would expectations be low?

Yea. Looking at the ticker and it's clear the market expects a lot from it. Maybe I'm missing something...

[ExtraSlow]

Contrarian option, BPY.UN. Sure retail and office real estate is bad, and will continue to be bad, but I feel like that's already factored into the price, which is basically down 50%. Company has decent cash in the bank and not crazy debt. Some dividend although that may get cut.

Doesn't feel risky to buy something that's down so hard, at least not for a long term hold anyway.

[A790]

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Contrarian option, BPY.UN. Sure retail and office real estate is bad, and will continue to be bad, but I feel like that's already factored into the price, which is basically down 50%. Company has decent cash in the bank and not crazy debt. Some dividend although that may get cut.

Doesn't feel risky to buy something that's down so hard, at least not for a long term hold anyway.

Didn't they only collect 20% of rent in April or something?

[ExtraSlow]

Something like that, yes. And I assume May will be as bad or worse. Explains the discount.

[OTown]

Ive owned BPY for a bit now and switched to BAM. BAM is a surer bet but a bit less on the dividend front.

Also, theres rumour of BPY going private but nothing substantial to go with it.

[max_boost]

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Recession is cancelled. Time to pack in all the short positions.

lol fr tho wtf is going? Never underestimate the Feds or what? That Nasdaq has been so yummy. XQQ has never failed me I just wish I bought more.

I had buy positions all the way down to 12k dow (57% drop like in 09) and I got stopped at 18k so have been on the sidelines. STill fked on HMMJ but that 26cent quarterly dividend tells me I'll get my money back in 6 years even if the stock prices don't move.

Anyway, been watching a lot of Berkshire videos and if Buffet ain't buying and talking about how the bottom hasn't fallen out yet relative to 1929 then suffice to say I don't want to buy either although my positions are all long XQQ/XGRO, who doesn't want to get in for the cheap cheap.

[The_Rural_Juror]

Have you met Daddy Powell? Spanking bear (bare) ass daily since April 2020.



Also Other Daddy Elon and meatless burders.

[CompletelyNumb]

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Buy CODX

This looks pretty propped up already. I wish you all the luck in the world however.

[msommers]

All the COVID-related stocks popped like crazy at opening, likely because of the conference tomorrow.

[ExtraSlow]

well, since I'm not paying all my usually monthly childcare costs, I topped up the Kids RESP's for the year. Invest $2500 and get $500 in government grants. Can't beat that kind of return, and as a bonus, the funds are on sale these days too because the market is down. Double win, even if it's not as sexy as the day-trading that most of you seem to be into.

Have started getting Summer Camp refunds too, which is sad, but hey, I'll find a use for that money.

[OTown]

Anything COVID related is bubbling just like the Cryptocurrency craze of a few years ago.