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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (154321)3/13/2020 3:22:58 PM
From: Dr. Voodoo  Read Replies (1) | Respond to of 218023
 
seems there will be demand for new paper,,, as if building a landing zone for those jumping from high places.

Maybe the plan is to burn for steam engine, on way to COST to buy more.

hard to imagine another $5 or $10 of being wrong, but have been wrong before.

So,,, cannot argue.



To: carranza2 who wrote (154321)3/13/2020 5:10:58 PM
From: TobagoJack1 Recommendation

Recommended By
Dr. Voodoo

  Respond to of 218023
 
The market is broken, panicked, reaching for dollars that which is a trap, knew nothing, and now not even thinking, just being bum-rushed into the abyss that awaits

Am game, and did this w/r to XOM Message 32603821

Bought shares at 36.05
Made promise to sell at 40 on or before May 15 2020, got paid 2.56
Under obligation to buy more at 35 between now and Jan 15 2021, got paid 6.75

36.05 - 2.56 - 6.75 = 26.74 per share, based on current dividend payout (3.48) would be 13% per annum. A gift. Even if cut in half, still friendly.

Given the high implied volatility might as well grope and grab in the darkened bar amidst panic and confusion.

Am pacing myself, because I sense we have real issues, even as XOM is of merit.

A lot of value in the broken market.

It would be nice if we can get fully invested by the time the market turns up, w/ healthy dividend yields, rising capital gains, and and and