Bailout bets

Discussion in 'Trading' started by Cuddles, Mar 23, 2020.

  1. Cuddles

    Cuddles

    What are you holding in anticipation for the bailout(s)?
    Currently looking at
    $DAL (delta airlines)
    $GE (general electric/aviation)
    $BA (Boeing)

    haven't bought into any of them yet.... I reckon cruise companies may not get bailed for being registered elsewhere and not paying taxes directly.

    What you buying/holding b4 the vote?
     
  2. Bet on inflation
     
  3. Cuddles

    Cuddles

    buying gold
     
    kmiklas and cdcaveman like this.
  4. Yes there was outflows due to broad selling of assets to cash...the press will press gold up big time
     
  5. guru

    guru

    Wasn’t GM bailed out by erasing previous shareholder equity and basically replacing the stock with a new one?
     
    cdcaveman likes this.
  6. kmiklas

    kmiklas

    GM, Ford.
     
  7. Sig

    Sig

    Yes and that's a good point. Just because the company survives doesn't mean the shareholders survive.
     
    guru likes this.
  8. Cuddles

    Cuddles

    I was joking, gold's trash. I went all in on tech today