04-29-2020, 10:49 AM
DAL up 20% this week. Dividend gone for years and I'm seriously not sure they have the FCF next quarter to buy employees coffee and toilet paper. I guess they can finance it.
F just announced they will lose the GNP of a small country the next few quarters. Div cut for years and stock is only up a little today. At least 20% up off it's low.
My purchases will be few and far between. There will be true bargains eventually. I'm starting to get bitter about this insanity. I'm plenty long equities but I sure don't know how I justify it at this point.
F just announced they will lose the GNP of a small country the next few quarters. Div cut for years and stock is only up a little today. At least 20% up off it's low.
My purchases will be few and far between. There will be true bargains eventually. I'm starting to get bitter about this insanity. I'm plenty long equities but I sure don't know how I justify it at this point.