On the upside: Cineworld went up 151% today... from buttons to pennies.
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Former member of IPSE.
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Many a mickle makes a muckle.
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If you short a company and it goes in liquidation do you get all the money?Comment
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Yes, if you placed a spread bet.Originally posted by GigiBronz View Post---
Former member of IPSE.
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Many a mickle makes a muckle.
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Would be safer to wait for the bottom of the market, around mid 2021.
Folks thinking we're bouncing back are on another planet. The world will not be the same next time round. Every time someone sneezes in the supermarket the person next to you will jump. Probably a lot more people working from home after all is said n done.
There is no returning to the way things were over the last 10 years, there is no any appetite for it.Last edited by scooterscot; 19 March 2020, 06:17."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Bottom of the market? If it keeps dropping 5-10% a day we'll hit zero much sooner than 2021.Originally posted by scooterscot View PostComment
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Consolidation is required towards the end of a bear market. We've only just entered a bear market."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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With China reporting no new infections then the end is near. Rest of world a few months behind if they implement a similar lockdown.
All will be back to normal by Autumn. There will be a surge in the economy as people embrace YOLO after losing a few family or friends or experiencing a serious illness near miss.
The miracle economy will survive.
Buy those stocks and shares while it's cheap.
Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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Depends how well the lockdown is implemented.
Luckily corporate UK businesses have solid cashflow and their not up to their necks in debt so fill your boots."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Reporting # there are none. But even if there are no new infections, all it takes is one cough by the wrong person at the wrong time and it all starts again.Originally posted by Hobosapien View PostDown with racism. Long live miscegenation!Comment
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Anybody who coughs in public there will probably not make it to local hospitalOriginally posted by NotAllThere View PostComment
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