03-17-2020, 01:45 PM
(03-17-2020, 01:14 PM)EricL Wrote:I was just coming here to say Darden is off the list, adding TXRH. Not that DRI is terrible, but I want to buy some of the best I can find on sale right now. Today is all wrong to buy or I'll be sad in 48hrs, and I am tired of being market sad lol. I'll have to wait for the market to cool off (since we're all making millions today).(03-17-2020, 12:55 PM)fenders53 Wrote:(03-17-2020, 12:36 PM)divmenow Wrote:I'd take that too. Do you actually invest DGI or just trade? That's an amazing return no matter what. I am beating the market with option income, but nowhere near even for calendar 2020. I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now. They proved they aren't last week as I expected.(03-17-2020, 12:12 PM)fenders53 Wrote:(03-17-2020, 11:35 AM)divmenow Wrote: Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lolIt will be at 8 before we eat breakfast tomorrow.
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately. Up 10% in a day and the market trust is gone lol. I am nibbling more restaurants today if the market doesn't fly high this afternoon. Otherwise on the first market dip in 3-2-1 lol Restaurants are way past rational if they lose money for two quarters.
I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it
Which restaurants are you looking at?
Bought O, BIP and MO
Most or all of CBRL, MCD, DRI, WEN is where I likely land. I'm open to other suggestions. I need to update my research and check debt before I determine %. I'm willing to be patient. a 90 day or less partial BIZ interruption is not going to BK them. At the end of all this I have to spine up and pick a few sectors to overweight a bit.
Cheesecake Factory (CAKE) and Texas Roadhouse (TXRH) are two others to consider.