Commanders Post at The Warpath  

Home | Forums | Donate | Shop




Go Back   Commanders Post at The Warpath > Off-Topic Discussion > Debating with the enemy

Debating with the enemy Discuss politics, current events, and other hot button issues here.


stocks in meltdown mode

Debating with the enemy


 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 04-23-2020, 11:55 AM   #11
CRedskinsRule
Living Legend
 
CRedskinsRule's Avatar
 
Join Date: Aug 2008
Age: 58
Posts: 21,742
Re: stocks in meltdown mode

I've nibbled at 5 cheap stocks that took nose dives.
A construction stock (NOA) that was trading consistently around 11 before the collapse, i bought a few shares at 4.86
Angie's List (ANGI) which was around 14, I bought a few at 5
An oil group stock (IMO) which was around 26, I bought a few at 12
And Dell which was around 50, I bought at 30.

I am thinking of getting Cinemark which was around 30, and is at 13.

I basically look for stocks that had steady 1 year numbers, and their dive was obviously due to CV. All told, I'm only putting in tiny number priced stocks where when the dow gets back to normal, they should see a 2 to 3x turnaround. Once the dow is back to normal, I probably will trade them all in to an index mutual fund or something of the sort.
CRedskinsRule is offline   Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -4. The time now is 11:44 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.
We have no official affiliation with the Washington Commanders or the NFL.
Page generated in 0.41177 seconds with 11 queries