i bet they will, feds are writing checks out of their asses. money should directly go to the people and not the corporations. united did a $3B stock buyback and now are begging for money. fuck them let them go down. there will be someone like jetblue after this crisis.
Stock buyback with bailout money stinks to high hell. I'm having a shitty day. Took my dive tanks in to be filled and the DM condemned them both on sight. Boom.
DISney showing some life early on....scaled in a few times and riding this back to $140 by end of year...
Ok I made a mistake here as I was filled at $0.72. I double checked the fills and trade costs and it was $0.72, not sure why it showed $0.92 in the order screen I pasted . So the above FLY was filled at $0.72.
So my approach is if you can load up on an amount of diversified stocks and solid companies,you can triple that money in 2 - 3 years. that is my goal .
Crude Oil just hates $20 and keeps bouncing off of it really hard... Is $20 the bottom that brings in support via production cuts and global parking of reserves. Shit if I had two oil tankers I would buy shit loads of barrels and park them which I guarantee a lot of tanker companies are going to start doing.
Offshore storage rates have quintupled in the last 3 weeks. Tanker companies are raking it in. That's what we should have bought stock in. https://www.spglobal.com/platts/en/...the-mantra-as-oil-storage-freight-rates-surge