cheap stocks
03-18-2020 | 12:22 PM
#43
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Joined: Nov 2009
Posts: 4,198
Likes: 500
From: KY
Mines down, but I'm not dipping into it and don't plan for years, so no issue. If it comes back to 2016 levels all good, if it goes higher even better. My current loss is only on paper. No problem-o
Ford is at 4.27, Cummins at 120.92 so I'm still good
Ford is at 4.27, Cummins at 120.92 so I'm still good
03-18-2020 | 05:06 PM
#46
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Joined: Jun 2005
Posts: 11,903
Likes: 1,140
The one's that are selling in a panic are those that are overextended with no reserve cash flow ....same as '08... This was not a hard nose dive so an investor only looses IF they sell.
I know 1 investor in the last crash that lost double digit Millions $ on paper but their liquid cash flow was more than sufficient to ride it out and came out on the end with ridiculous profits as he was still buying low when others were screwed - system recovers et voila!
I know 1 investor in the last crash that lost double digit Millions $ on paper but their liquid cash flow was more than sufficient to ride it out and came out on the end with ridiculous profits as he was still buying low when others were screwed - system recovers et voila!
stocks tend to be like gambling, everyone loves to talk about the winners but not so much the losers.
03-18-2020 | 06:09 PM
#47
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Joined: Sep 2013
Posts: 2,320
Likes: 1,040
From: Wisconsin
or sellers were trying to keep some of their gain before it all went away! If you were in Tesla for a few hundred (peaked at 900+) and you sold on the first rough day for $650 then you still doubled your money despite the stock being down hundreds.
stocks tend to be like gambling, everyone loves to talk about the winners but not so much the losers.
stocks tend to be like gambling, everyone loves to talk about the winners but not so much the losers.
