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Posted on 03/18/2020 10:10:04 PM PDT by Ceebass
DOW JONES FUTURES (I:DJI) 19,076.00 -905.00 (-4.74%)
NASDAQ FUTURES(I:COMPX) 6,979.00 -246.25 (-3.53%)
S&P 500 FUTURES (INX) 2,317.25 -96.75 (-4.18%)
(Excerpt) Read more at foxbusiness.com ...
whoops sorry my cash figure was wrong. ill find the right one
ok it’s $207 billion, much more than you thought!
that’s a price floor of 52 per share
Not to defend him, but not many look great at 90.
ok that’d be a stock price floor of 61
Soros crashed the economy of a SE Asian country, something to do with shorting their currency. Seems to me his MO is shorting the market. He's probably the worlds first trillionaire by now.
I remember AAPL tanked like everything else in fall 2008. I had bought the stock 6 months earlier, and I was looking at something along the lines of 25% (paper) loss. I guy who I used to talk stocks with at the time said, “What do you think about Apple?” I remember saying, “Well, I’m losing money on it at the moment, so maybe I’m not the best person to ask, but right now it’s selling at around 2x its cash position and this iphone seems promising.” Of course, 2x cash now would imply a pretty steep decline from where we’re at now. At the same time, even with the recent decline, it’s up about 1,100% from where it had been in early ‘08, and even more than that (1500%?) from where it tanked to after the ‘08 crash.
yeah true. I heard there were many years aapl made more on their investments on that cash than from their regular business
He crashed more than one country. That’s his specialty. He enjoys the pain that it causes - something that comes natural to an ex-nazi.
Who cares? Can I git me some toilet paper heya?
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Nasdaq futures just turned positive. Dow Futures were down nearly 900 when I checked a few hours ago now only down 90.
As for silver, it would seem that if stocks weren't a get hedge
right now, commodities might be. What seems to be the reading
on silver (metals), is that an economic downturn of this magnitude,
would cause a lack of need for the precious metals. Thus, their
value would be less, because more would be out there not being
required for manufacturing.
I'm not an expert either, so anyone who wishes to chime it, go for
it. Maybe I'll learn something. No promises, LOL...
Perceived lack of need for these metals for manufacturing.
Less demand, lower value...
If anyone has a better answer, chime in.
If I had the money right now, I’d be buying bulk silver bars.
this is an incredible buy > IMO.
Never take my advice on these things. That would be part of my strategy.
I’d also love to buy some stocks cheap right now.
Pay and take it with you.
Don't take my advice. I'm the curse of the markets. Which ones, every
one I talk about. LOL
This stops eventually, and it generally does just about the time the
average Joe thinks it will never stop sinking.
Perhaps. But there is zero silver available at that price. The only silver that is not "out of stock" is a cheesy round which is "$18.17 As low as $5.99 per oz over spot" Normally that would be a buck over spot.
That's exactly right.
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