What Did You Buy Today?

[fenders53]

(03-17-2020, 09:13 AM)kblake Wrote: Bought some O, WELL and RTN. Sold out of RTN at much higher levels now I got to buy back at $116


Vice President and CFO of Raytheon Co (30-Year Financial, Insider Trades) Anthony F O'brien (insider trades) sold 9,539 shares of RTN on 03/04/2020 at an average price of $198.48 a share. The total sale was $1.9 million. Smart man this guy was!! haha



I miss the days where the Dow would go up 30 points or down 30 points lol

(03-17-2020, 09:27 AM)crimsonghost747 Wrote:

(03-17-2020, 08:53 AM)fenders53 Wrote:

(03-17-2020, 08:50 AM)crimsonghost747 Wrote: LOW down almost 6% at the open. Added a little.

LOW and HD are still busy locally.  And a lot of fools calling and hoping we have toilet paper.  OMG how did TP hoarding even start lol?

No buys for me yet today.  Waiting for the next swarm of locusts lol.

I cannot answer the question about TP hoarding, since it really beats me. It's definitely a sign of mass hysteria, but why TP? 

But yeah, of course most companies will be taking a financial hit from this virus but I think LOW and HD should be ok as long as they are allowed to stay open. DIY guys need something to do while they are stuck at home.

edit: IIPR buy order just went through. I mean, it's a 7% yield with massive increases recently. Zero debt. Only real worry is if some of their clients go belly up in this turmoil.

I would have told you hell no on HD or LOW until just a day or two ago.  I believe they are near fair value now. (not undervalued).  I just worked a shift at HD and we received a large shipment of virus protection items for employees and store sanitation.  Hand sanitizer, disinfectant sprays etc.  Manager said there is no indication any stores are closing unless mandated by the GOV which would likely mean there is a local epidemic and folks aren't shopping for a new fridge or flooring anyway.  Our sales are just a little better than plan actually.  Probably the same for LOW.