Stock of the Day

Out of context: Reply #161

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  • _niko0

    after getting hammered for the past month and seeing a slow uptick, is it a good time to buy? and if so what?
    airlines? oil? some other hard hit sector?
    or
    avoid it all like the plague? lol

    _niko 0Permalink
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    • don't usually invest, but I have this dreadful FOMO hanging over my head like this is a chance in a lifetime, but i'm clueless._niko
    • If oil's down, buy oil.Nairn
    • Disclaimer: I have made precisely £0.00 from investing in stocks.Nairn
    • Having some experience, following the markets pretty closely, and listening to IMF and others, we're in for a global recession if not depression.mandomafioso
    • lol Nairnutopian
    • I'm all cash at the mo and def fomo'd the recent run up however it likely won't last. Poss better to wait til s&p tests bottom again, which many think it will.mandomafioso
    • But what do I know? Maybe fed can print their way out of the problem. We're in uncharted territory.mandomafioso
    • Is the recent upturn a dead cat bounce?Chimp
    • This is a fake uptick, when the results are in (which is happening right now) it's going to be another sharp slide. Just my opinion...zarkonite
    • Yeah, we haven't seen the bottom yet. Buy the best, make a list, diversify, ignore shiny objects.formed
    • not a good time. Most companies need steady income to service their debts. if no revenue, bondholders will take over company making your stock a zero.monNom
    • Fact: no one can predict the future. That said, buy buy buy!! or, wait wait wait a few weeks or months
      ********
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