ono
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Post by ono on Mar 12, 2020 10:59:35 GMT -8
Would it be good time to float another sizable bond - as noted on this board as essentially free borrowing - to fund increased buybacks? Uh, except for the optics.
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duckpins
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Post by duckpins on Mar 12, 2020 11:08:55 GMT -8
Posts like this are really stupid because the for profit health care system operates on 100% capacity. There is no excess capacity. The system is already overwhelmed and has been for years. My Mother with a bleeding stroke was treated in the halls of Alta Bates hospital in Berkeley as well as the John Muir in Walnut Creek. Our health care starts out worse than many 3rd world countries and if this explodes will rapidly reveal itself for what it is. if there are no empty beds how can you say things like "it is going to be overwhelmed"?
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duckpins
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Post by duckpins on Mar 12, 2020 11:36:24 GMT -8
Cramer is now calling for a bail out of the oil industry. He says many US producers will go under at these oil prices. So he wants the government to intervene to raise the price. I guess oil is the new milk. Virtually every stock is lower in the Nasdaq 100. Tiffany is being sold for 134 cash. It is trading at 126. The deal should close this summer. Not even the arbitrage buyers are buying. This sell off shows a lack of buyers. You can make a few bucks on tiffany...
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Post by zebrum on Mar 12, 2020 11:48:24 GMT -8
Seeing a few spikes in the price. Could Apple be buying? At around 1pm? Many other tech stocks spiked too.
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4aapl
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Post by 4aapl on Mar 12, 2020 11:58:18 GMT -8
Seeing a few spikes in the price. Could Apple be buying? At around 1pm? Many other tech stocks spiked too. The AAPL chart, with the S&P and Dow overlaid on it, it's nearly an exact match. Volume-wise, SPY is triple the average, whereas AAPL is only 250% of average. OTOH, earlier today when I checked, the S&P was down maybe 26% from it's peak, while AAPL only 24%. I don't know how many instantaneous purchases Apple makes. It sounds like many are longer term, giving an outside company money to buy with and choice of when to do it. The Jan '21 330 covered calls I wrote are almost back to the $10.34 I wrote them at. I put in an order to buy them back, but then changed it lower. It's a slight insurance, but given the path AAPL took since I wrote those, I'd rather buy them back and sell new ones a little higher, once AAPL has recovered a bit. Good luck out there. Lots of trading in the indexes. Some articles of places starting to buy back in. Lots of blood in the street, and it's feeling bad even for those who've been through this a few times. I'll refrain from saying that means something, because this is the time where it feels like it can just keep on going, but it may very well mean something.
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4aapl
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Post by 4aapl on Mar 12, 2020 12:00:28 GMT -8
Would it be good time to float another sizable bond - as noted on this board as essentially free borrowing - to fund increased buybacks? Uh, except for the optics. Why do it right now? I feel the Fed will likely drop rates another quarter, when they meet next (less than 2 weeks). Depending, there could be another drop. The drops tend to stick for a while. The cheap money will be around for a while. It might not line up with the very lowest stock price, but that's ok.
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ono
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Post by ono on Mar 12, 2020 12:19:49 GMT -8
Would it be good time to float another sizable bond - as noted on this board as essentially free borrowing - to fund increased buybacks? Uh, except for the optics. Why do it right now? I feel the Fed will likely drop rates another quarter, when they meet next (less than 2 weeks). Depending, there could be another drop. The drops tend to stick for a while. The cheap money will be around for a while. It might not line up with the very lowest stock price, but that's ok. I agree. No hurry. I see they’ve roughly $100B net cash. I don’t follow the bond market. Right now there seems to be an appetite for cash/liquidity anyways. Luca is smarter than me. I’ve just felt it was a lost opportunity when they didn’t by much more during the last swoon. Ive opined that management and the board must feel comfortable having a $100B fat stack at the ready. Impressive. Buying back at roughly $1.3B a week. Copy and paste s2.q4cdn.com/470004039/files/doc_financials/2020/q1/Apple-Return-of-Capital-and-Net-Cash-Posltion-Q1'20.pdf
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Post by ericinaustin on Mar 12, 2020 12:36:05 GMT -8
This may be the biggest pile of hoarse shit on a post at one time that I have seen in a long while.
This ts an investment board Tyler Darden. You need to head over to the deep conspiracy sights.
See ya.
Eric in Austin
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Post by ericinaustin on Mar 12, 2020 12:38:06 GMT -8
That’s in response to the post from stub on the first page
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ems
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Post by ems on Mar 12, 2020 13:21:28 GMT -8
we figured that out, thanks
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Post by dreamRaj on Mar 12, 2020 13:26:03 GMT -8
BTFD. Added to my Jan 2022 350 calls just before close.
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Post by dreamRaj on Mar 12, 2020 13:30:33 GMT -8
We're at 238 after-hours. Down $90. That's ~28% off our peak.
Crazy!! But so is the situation.
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4aapl
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Post by 4aapl on Mar 12, 2020 14:00:32 GMT -8
We're at 238 after-hours. Down $90. That's ~28% off our peak. Crazy!! But so is the situation. Yea, crazy! What's more amazing is that most companies are down roughly equal amounts. There's some outliers. But it seems like this might be a great time, once a bottom is actually solidified, for a fight for quality. Crazy things out there. Full hazmat suits on a few outliers, whether it's a son and dad at urgent care in Reno (my daughter likely has Strep, and they're sending all respriatory issues there....Nice!), or Naomi Campbell taking an airline flight (if you're that worried and have those resources, wouldn't you book a private flight?) Check to make sure your tele-nurse stuff is set up. Our provider previously said we had coverage, but it looks like now we don't. OTOH, my parents say Kaiser has been doing more and more tele and video nurse stuff over the last month. Social distancing....it'e even more important as far as a doctors office, Urgent Care, or Hospital. While Reno already had drive-thru testing for specific people, I hear they were having patients stay in their cars here at urgent care. Sometimes progress is the little things.
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Mar 12, 2020 16:30:25 GMT -8
You really see some idiocy exposed at times like this. A million dead? JFC please don't breed with those genes. There are like 37 people dead in the US from Covid-19 right now, three months into this (first reported in December). Two or three times that many people died today from car accidents and opioid overdoses. And we're at what, 19,000 dead from the seasonal flu?
I'm already all-in on AAPL, but lots of goodies are on sale right now. If something is 50% off, do you really worry about not timing the absolute bottom?
I'm still disappointed at myself for not buying more in 2009, and here we are again, fire sale. And I'm sticking to my position that this is the greatest overreaction in the history of our country (I can't speak for those in assbackward countries). This is insanity, and I only hope some of you sharpies are able to profit from it, and we can all have a good laugh about it someday and toast to our riches. Although I cannot pinpoint the timing, I 100% believe this to be true.
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Post by aaplsauce on Mar 12, 2020 17:27:45 GMT -8
AAPL After-Hours Low $227.01
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Post by silkstone on Mar 12, 2020 17:34:32 GMT -8
You really see some idiocy exposed at times like this. A million dead? JFC please don't breed with those genes. There are like 37 people dead in the US from Covid-19 right now, three months into this (first reported in December). Two or three times that many people died today from car accidents and opioid overdoses. And we're at what, 19,000 dead from the seasonal flu?
I'm already all-in on AAPL, but lots of goodies are on sale right now. If something is 50% off, do you really worry about not timing the absolute bottom?
I'm still disappointed at myself for not buying more in 2009, and here we are again, fire sale. And I'm sticking to my position that this is the greatest overreaction in the history of our country (I can't speak for those in assbackward countries). This is insanity, and I only hope some of you sharpies are able to profit from it, and we can all have a good laugh about it someday and toast to our riches. Although I cannot pinpoint the timing, I 100% believe this to be true.
Yep, the problem is nobody knows how long this will go on. With no vaccine and some experts saying it will be a year to a year and a half before we have one, the fear that people feel is very real. You have the same attitude as our dear leader, the entitled trust fund baby. It’s not working real well showing no empathy, minimizing other people’s feelings and just worrying about his own little pot of gold. Don’t worry though, CV or not, he’ll be history in six months time. I’ll be buying plenty more Apple but I trust my timing better than yours. After all, you said you effed it up 2009, right. It’s hard always having to be the smartest guy in the room.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Mar 12, 2020 20:18:37 GMT -8
You really see some idiocy exposed at times like this. A million dead? JFC please don't breed with those genes. There are like 37 people dead in the US from Covid-19 right now, three months into this (first reported in December). Two or three times that many people died today from car accidents and opioid overdoses. And we're at what, 19,000 dead from the seasonal flu?
I'm already all-in on AAPL, but lots of goodies are on sale right now. If something is 50% off, do you really worry about not timing the absolute bottom?
I'm still disappointed at myself for not buying more in 2009, and here we are again, fire sale. And I'm sticking to my position that this is the greatest overreaction in the history of our country (I can't speak for those in assbackward countries). This is insanity, and I only hope some of you sharpies are able to profit from it, and we can all have a good laugh about it someday and toast to our riches. Although I cannot pinpoint the timing, I 100% believe this to be true.
Yep, the problem is nobody knows how long this will go on. With no vaccine and some experts saying it will be a year to a year and a half before we have one, the fear that people feel is very real. You have the same attitude as our dear leader, the entitled trust fund baby. It’s not working real well showing no empathy, minimizing other people’s feelings and just worrying about his own little pot of gold. Don’t worry though, CV or not, he’ll be history in six months time. I’ll be buying plenty more Apple but I trust my timing better than yours. After all, you said you effed it up 2009, right. It’s hard always having to be the smartest guy in the room. Aaaand more silliness. So Dementia Joe, who thinks this is the 1918 Flu Pandemic (LOL nice press conference where he ran away and wouldn’t take questions because he’d start talking about how great the “Obiden-Bama” Administration handled HIV in 1979) and who (-se handlers) are *against* the travel bans and is going to win the election? LOL Trump will destroy that senile old fool in debates. Oh, wait, the media are going to protect Joe from silly things like elections and debates? Nancy Pelosi must be even more demented than Joe to float that resolution to undo Trump’s European travel ban. I’m guessing that didn’t poll too well so she pulled it (nice try at politicizing public health, Nancy). Oh and Pelosi tried to lard up the coronavirus bill will a billion dollars of abortion funding. And you think Democrats can be trusted? Get real dude. Trump has handled this extremely well. He was widely criticized for a China travel ban that in retrospect looks very prescient. Remember Obama had 1000 US swine flu deaths before he even declared an emergency! And you’re criticizing Trump? So that big economic boom and market rise the past three years that Obama wanted to take credit for didn’t include a million virus testing kits in the Oval Office when he handed the White House keys to Trump? Was Trump supposed to make those million testing kits himself? My gawd, you libs and your Trump Derangement Syndrome. MAGA-TDS-2020 is a far worse infection for Democrats than Covid-19. 🤷🏻♂️ Some good news for those not in the death throes of TDS: Thanks in part to Trump expanding the compassionate use FDA protocol, Washington State is already trying a treatment being developed by Gilead: fortune.com/2020/03/10/gilead-coronavirus-treatment-remdesivir-being-used-washington-cdc/Lots of criticism from the peanut gallery. Not a lot of intellectual honesty though. Again, Obama, 1000 H1N1 deaths and 6 months before he declared an emergency. Trump was way ahead of foolish Democrats who were against his travel bans and quarantines and are actually defending China’s honor right now and calling us all racist because we’re calling it Wuhan Virus. Great priorities!!
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Post by hyci004 on Mar 12, 2020 21:16:01 GMT -8
The last guy made us some extra dollars. Just saying.
11/4/2008 - 11/8/2016 Dow: 9625 -> 18332 S&P500: 1005 -> 2139 Nasdaq: 1780 -> 5193
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4aapl
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Post by 4aapl on Mar 12, 2020 22:20:50 GMT -8
Lots of craziness going on.
People panicing over the market, oil, and the virus. Not everyone, but at least one of those things is at least on people's minds.
Let's try to hold it together here. Keep the daily thread on topic. If you really need the political stuff, put it over in the right place in the Dungeon.
It's tough. But such is life.
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