Oso planning to go pro
Don't consider myself to be a trader, more of a long-term investor, but when a stock is up so much in such a short period of time, it's been my experience that these huge run-ups, and spike upwards in share price, almost always present an opportunity to buy back at a lower price. Just pull up a chart on MRNA, it's gone from a low of just under 18 to over 80 in a mater of a few months, and the bulk of those gains have happened in the last few weeks. When a stock is up over 300% in a month, in my book it makes sense to take some profits.
The steel industry left for financial reasons. They went into the real estate and leasing businesses with their assets. GE went into leasing and insurance. We have lost many industries over 45 years. Commercial ship building, high speed rail, many aircraft types, clothing, tools, even elevators. We service elevators, we dont manufactuer them.This is far from a recent phenomenon, and education is not the solution. Politics can't solve the problem.Not only have we lost jobs, but we have lost capital.
Agree on both of those.Xi has a major advantage on Trump, because he doesn't need to get re-elected. He can delay and hem and haw on carrying out any "agreement." This is a desperate issue for Trump, who made it a central part of his campaign. So far, his wrangling with China has put American farmers in such a world of hurt that he had to create an entirely new welfare program for them ... and then small farmers ended up getting very little of the money. And for a lot of other industries, the effects of the ongoing trade war have been amplified by the pandemic.
Ur 100% dead wrong on every single thing you say about farmers in this post. Wholly ignorant!!
Not only that, but he never says anything factual to counter anyone. Just insults. You know...like a 8 year old.
Well u made a typical agenda based statement that was 100% wrong. When shown that u changed the subject. Journalist much??
The factual part was stating he was 100% wrong.
So then show why it is and stop acting like a petulant child. Unless... its not acting, is it.
It became too costly to do manufacturing in this country when others were willing to do it cheaper. Let us not ignore that some of that cost was intentionally driven into the equation with environmental restrictions, workplace guidelines, safety measure and the like. Those were good things to do to protect workers, some will argue environmental requirements have gone too far, but overall good things. That adds large costs that didn’t exist in the 1940’s through the 1970’s. The need for the products did not go away, it the ability to make them here in the US became a financial game it cannot win.
If you mean the race to the bottom, we are in total agreement.Yes, poor workers in the third world are "willing" to do the work for less. They are "willing" to pollute and take risks most of us are unwilling to take.I'll let it go at that, long live our way of life.
Unfortunately things we need in life like certain metals, plastics and other materials come at a cost. We decided to no longer make them here in the USA because of strict (some say too strict) environmental concerns and the increased costs of doing business associated with them. Think about the airplane business and the cost of producing aluminum. Is it a race to the bottom to want airplanes and the travel that comes with it? The cost of batteries, short and long term? Immediate benefits to way of life, but disposal challenges.
ORD, DIA, DFW, and IAD all dwarf Frankfort which isn’t even a top 10 airport globally by size. Malpensa isn’t even the biggest or busiest airport in Italy. The only true competition the US has in airport size or volume is in Asia
Let him go. He's on a roll.
Since the topic of airports has come up and this is an investing thread, I don't think investing in airlines at this particular moment is a good idea, way too much risk and uncertainty there, that includes Boeing too. I'm looking at airport operators. In particular, PAC(Grupo Aeroportuario del Pacifico) and ASR(Grupo Aeroportuario del Sureste). People will eventually travel again and will take vacations to places that are sunny.PAC owns 12 airports in western Mexico including the ones in Guadalajara and Tijuana, as well as 2 in Jamaica.ASR owns the airports in Cancun and other tourist destinations in southern Mexico, as well as the airport in San Juan Puerto Rico.There are extremely high barriers to entry, they are essentially monopolies in their regions. The stocks are still down about 50% for the year. I'm in the early process of doing further dd, but may decide to roll the dice here with one or maybe both of these.
Sounds like as good a roll of the dice as any. However, it is just another segment of the travel and entertainment industry.With the excess capacity, how can this industry survive? How can I dd with load factors at 50%, with 80% of the planes grounded? I made up the numbers. Extrapolation from Flightradar24.com . We have very little real data around here on most subjects.Are we where the wealthy flying private with the poor on the bus?Boeing survives because half the company is defense. Survival is a far cry from a high flyer. Does survival mean another service company? Overhall and refitting may be the future of Boeing. Ugh.
Are you implying air travel is going to implode permanently? People are going to stop flying? The "transformational" overreactions in terms of travel, entertainment, and vacation are getting to be ridiculous. For every person that says they wont fly for a LONG time, there are 2-3 that are looking to schedule trips for both work and pleasure. Once a vaccine or treatment comes around, we will return to normal travel levels. We've already doubled the air travel where we were at lows in April, wait till things start to open up. BA survives because there are 2 major producers of long haul, large passenger volume planes in the world, and the barrier to entry is enormous. Normal US travel volume is 2.5MM people a day. We're currently seeing around 250K in May. I struggle to see how that doesn't return to over 1MM by fall provided there isn't another wave of shutdowns.There are some very real challenges that air travel faces in the short term, but challenges are just that, short term. Maybe you see a decrease in some domestic business trips in favor of Zoom. Maybe the next travel season or two is a bit lighter for holiday travel. But look at the eagerness of people to return to EVERYTHING about their lives on the other side of this lockdown, travel wont be any different. I honestly feel that the majority of people saying they wont travel or this will make them second guess getting on a plane or staying in a hotel, either are significantly older or in a susceptible group, or more likely not frequent travelers anyways.
I plan to travel as soon as possible, whenever customers are willing to see suppliers again.I've found face-to-face to be so much more productive to work out issues and build trust in the long run. Electronic communications only goes so far.