(04-22-2020, 12:45 PM)stockguru Wrote: What's the hurry on DIS??

60% of Disney operating $$$ comes from parks and they are closed possibly to end of the year ..Stock is down only 33% YTD. Sure their subscriber growth for Disney plus it up this month only because people are sitting home with nothing to do. Same with NFLX. But that wont last.

People are going to be reluctant to fly and travel for a while. I like DIS but wont buy until its under $90

T is on my watch list.

(04-22-2020, 01:01 PM)ChadR Wrote: DIS is one of my smaller positions.  I got it yesterday under $100.  I added a very small amount to a small position.  I am in the process of growing the position.  If it drops below $90, I will be buying more and at a larger amount.  I am nowhere near a full position on DIS and wouldn't be at these levels.  If I waited to fully buy DIS when it got to where I would want it, I would be sitting on a ton of cash.  I don't like sitting on cash, so I buy small amounts when it gets a little bit more attractive price.

(04-22-2020, 03:37 PM)NilesMike Wrote: While I hold a full position in O at a good price level, I think REITs are going to be rough as we enter the new economy. Do not think it is lost on businesses that they can drastically reduce their brick and mortar operations and nary miss a beat.

There is going to be huge pressure on commercial and retail real estate values going forward.

(04-22-2020, 03:49 PM)Otter Wrote: If the market retests the March lows, it is going to be the companies that rebounded to within 10% of all-time-highs that are going to take the biggest beating. A number of sectors have not recovered meaningfully from being taken out to the woodshed. The only one of those that I didn't invest in today was Energy.

(04-23-2020, 07:54 AM)divmenow Wrote: Had a buy order in for TGT. Just got filled at $95.50 pre market.

(04-23-2020, 04:49 AM)fenders53 Wrote:

(04-22-2020, 03:49 PM)Otter Wrote: If the market retests the March lows, it is going to be the companies that rebounded to within 10% of all-time-highs that are going to take the biggest beating. A number of sectors have not recovered meaningfully from being taken out to the woodshed. The only one of those that I didn't invest in today was Energy.

Since we are speculating.... I agree with some of the points.

Some of the retail and office REITs may well be priced where they should be because of the rent horror story.  There will be closures and rent in arrears for some time to come if it ever gets paid at all.  REITs were frothy before the CV.  Not certain brick and mortar is dead though. If there is liquidity there will be new renters eventually.  Anyway I don't see all of them as a steal yet.  They look correctly priced with the limited data available.           

I have no idea if the market will retest MAR lows due to the epic FED intervention.  I do think some sectors will test their lows though.  The stimulus will save some, but it can't be endless or we will have monetary problems.  The attempt to save small BIZ was ineffective so far, and that will trickle up IMO.  I think persistent unemployment is a real risk.  IF we do crash MSFT and AMZN and the usual defensives may still be a safer place than the beaten up stocks.  Airlines, autos and energy are clearly damaged, and there are a lot of supplier companies downstream that are going to feel it for many quarters.  You can add more industries to that list.  There are way too many companies sitting near their DEC 19 prices.        

As investors we need transparency from corporate leadership and I am not so sure we get it for another quarter.