(03-08-2021, 02:27 PM)stockguru Wrote:

(03-08-2021, 01:56 PM)fenders53 Wrote:

(05-07-2020, 11:15 AM)kblake Wrote: bought WFC, GD, FRT, MO, PM and BRK.B

I'm still holding 48% cash for other opportunities

(03-08-2021, 01:42 PM)crimsonghost747 Wrote:

(03-08-2021, 01:15 PM)fenders53 Wrote: Somebody explain the re-opening stocks to me.  Massive balance sheet damage, dividend eliminated, hoping to make five year ago level profits in 2022.  Stocks approaching the top of their pre-Covid range when things weren't all that great for most of them pre-Covid anyway.  There are numerous examples and SIX would be one of them.  What am I missing?

If the price is close to pre-covid range.
Then I think the play is: everyone is bored and has tons of money. (this part is well supported by the actual numbers) 
They will spend it as soon as they get a chance to and buy tons of experiences. So cruises, zoos, disney parks, your six flags, restaurants etc.

It's not a long term play, but rather a "earnings will be crazy for a Q or two" play. Or at least that is my view.

That is some of it.  SIX plans to lose big money this year despite reopening.    Next year some 2016 earnings.  I think it's just zero DD momentum hoping.  Restaurants make more sense.  The majority maintained some cash flow through this and small competitors died.  

Added AAPL-ENPH-TSM-ARKF. Still just nibbling.some of these are newish losing positions now.  When is the rotation back to tech scheduled while they scream the DOW is overvalued?  I'll be proud of them if they wait a month lol.

AAPL off BIG FROM the highs and CCL continues to go up. Rubbish 

I added 35 more AAPL

(03-08-2021, 02:29 PM)vbin Wrote: Nothing fenders. This market is nuts on some of the stocks, For ex ccl( I have some actually). Look at how much debt they have + new equity issued.

Oil is still a play as far as I can see. Still hated and reopening is inevitable. This parking lot use to absolutely empty and today it was hard finding a single parking there. Small businesses opening up + people going back to work while oil production still at all time low.

(03-08-2021, 02:27 PM)stockguru Wrote:

(03-08-2021, 01:56 PM)fenders53 Wrote:

(05-07-2020, 11:15 AM)kblake Wrote: bought WFC, GD, FRT, MO, PM and BRK.B

I'm still holding 48% cash for other opportunities

(03-08-2021, 01:42 PM)crimsonghost747 Wrote:

(03-08-2021, 01:15 PM)fenders53 Wrote: Somebody explain the re-opening stocks to me.  Massive balance sheet damage, dividend eliminated, hoping to make five year ago level profits in 2022.  Stocks approaching the top of their pre-Covid range when things weren't all that great for most of them pre-Covid anyway.  There are numerous examples and SIX would be one of them.  What am I missing?

If the price is close to pre-covid range.
Then I think the play is: everyone is bored and has tons of money. (this part is well supported by the actual numbers) 
They will spend it as soon as they get a chance to and buy tons of experiences. So cruises, zoos, disney parks, your six flags, restaurants etc.

It's not a long term play, but rather a "earnings will be crazy for a Q or two" play. Or at least that is my view.

That is some of it.  SIX plans to lose big money this year despite reopening.    Next year some 2016 earnings.  I think it's just zero DD momentum hoping.  Restaurants make more sense.  The majority maintained some cash flow through this and small competitors died.  

Added AAPL-ENPH-TSM-ARKF. Still just nibbling.some of these are newish losing positions now.  When is the rotation back to tech scheduled while they scream the DOW is overvalued?  I'll be proud of them if they wait a month lol.

AAPL off BIG FROM the highs and CCL continues to go up. Rubbish 

I added 35 more AAPL

(03-08-2021, 03:31 PM)MikeWa Wrote:

(03-08-2021, 02:27 PM)stockguru Wrote:

(03-08-2021, 01:56 PM)fenders53 Wrote:

(05-07-2020, 11:15 AM)kblake Wrote: bought WFC, GD, FRT, MO, PM and BRK.B

I'm still holding 48% cash for other opportunities

(03-08-2021, 01:42 PM)crimsonghost747 Wrote:

(03-08-2021, 01:15 PM)fenders53 Wrote: Somebody explain the re-opening stocks to me.  Massive balance sheet damage, dividend eliminated, hoping to make five year ago level profits in 2022.  Stocks approaching the top of their pre-Covid range when things weren't all that great for most of them pre-Covid anyway.  There are numerous examples and SIX would be one of them.  What am I missing?

If the price is close to pre-covid range.
Then I think the play is: everyone is bored and has tons of money. (this part is well supported by the actual numbers) 
They will spend it as soon as they get a chance to and buy tons of experiences. So cruises, zoos, disney parks, your six flags, restaurants etc.

It's not a long term play, but rather a "earnings will be crazy for a Q or two" play. Or at least that is my view.

That is some of it.  SIX plans to lose big money this year despite reopening.    Next year some 2016 earnings.  I think it's just zero DD momentum hoping.  Restaurants make more sense.  The majority maintained some cash flow through this and small competitors died.  

Added AAPL-ENPH-TSM-ARKF. Still just nibbling.some of these are newish losing positions now.  When is the rotation back to tech scheduled while they scream the DOW is overvalued?  I'll be proud of them if they wait a month lol.

AAPL off BIG FROM the highs and CCL continues to go up. Rubbish 

I added 35 more AAPL

Why not? I went crazy and added 4 shares :-)

(03-08-2021, 02:50 PM)fenders53 Wrote:

(03-08-2021, 02:29 PM)vbin Wrote: Nothing fenders. This market is nuts on some of the stocks, For ex ccl( I have some actually). Look at how much debt they have + new equity issued.

Oil is still a play as far as I can see. Still hated and reopening is inevitable. This parking lot use to absolutely empty and today it was hard finding a single parking there. Small businesses opening up + people going back to work while oil production still at all time low.

I was wrong on oil for the short term certainly, and likely longer than that.  Somebody will crash the party with some excess supply eventually, but this oil bear says you very likely got time to make some more oil money, and I hope you do.  Just keep your head when it looks like we're headed for $150 oil, because we aren't  lol.

(05-07-2020, 11:15 AM)kblake Wrote: bought WFC, GD, FRT, MO, PM and BRK.B

I'm still holding 48% cash for other opportunities

(03-08-2021, 04:02 PM)vbin Wrote:

(03-08-2021, 02:50 PM)fenders53 Wrote:

(03-08-2021, 02:29 PM)vbin Wrote: Nothing fenders. This market is nuts on some of the stocks, For ex ccl( I have some actually). Look at how much debt they have + new equity issued.

Oil is still a play as far as I can see. Still hated and reopening is inevitable. This parking lot use to absolutely empty and today it was hard finding a single parking there. Small businesses opening up + people going back to work while oil production still at all time low.

I was wrong on oil for the short term certainly, and likely longer than that.  Somebody will crash the party with some excess supply eventually, but this oil bear says you very likely got time to make some more oil money, and I hope you do.  Just keep your head when it looks like we're headed for $150 oil, because we aren't  lol.

Yeah, I am not putting big in oil anymore. Selling covered call and buying leap calls with that money.

(03-09-2021, 10:46 AM)Otter Wrote: Sold out of LYB for a 25% gain. With oil spiking, their input costs go up. Have learned to take profits on cyclicals in the basic materials sector.