Member Info for adzy2k11

That’s unfortunate... greed is a killer...

anyway I’m 40% net long overall now, portfolio is still going higher as equity markets go down.. my target is to move 60% net long by the end of the month.

ofcourse, that’s why the stocks are down 50%... but are people doing to never travel ever again?

You guys do realise that 90%+ of a stock’s value is based on cash flows in t+1 years and beyond... so even if you assume ZERO cashflow for all of 2020 then the impact to intrinsic value (mathematically) is relatively minor...

MrD - you never had a “portfolio” - you were gambling going “all-in” on single stocks... stick to properties!

25-33% of airline costs is fuel, which has halved in cost... so the good ones will make good investments... nobody can call the bottom but that’s why it’s important to have a well diversified portfolio and average in slowly.

I was talking about your stock portfolio... nobody cares about your properties, next you’ll be telling us your c*ck size?! Get a grip...

Don’t disagree, that’s stating the obvious, but the question is how much of that is priced in already? Will nobody ever fly again? Will all airlines go bust? You have to pick your spots, in the end some will not survive but the ones (with better balance sheets) that do will come out much stronger and the industry will be more consolidated.

Like I said, I have moved from 25% to 40% net long and am well hedged across a number of asset classes... so can survive even if I’m wrong... how about you?

This is not a one week trade... I’m talking about a multi-year buying opportunity from these levels, even if it’s goes abit lower... buy the right stocks (not sh*t like PMO or TLW) and as the saying goes “never let a good crisis go to waste”...

It's not 2008... wake up!
this is an exogenous shock, not an integral flaw in the economic system like '08... so yes, some pain here and price reset/discovery, but then we'll be back to the races soon enough... have some patience and pick the right stocks.

"Adzy, how did you go long vol?"

Taverham - I am long this on IG:
https://www.ig.com/uk/indices/markets-indices/volatility-index

you won't catch the bottom, but a melt up after this will follow so just average in over the next few weeks.

Yup, I’ve been looking at buying FANG (diamondback) too.

bottom is in... you heard it here first.

don't bother, plenty of other bargains in "real" companies with non-fraudulent owners.

Just for KOH.

coulda woulda shoulda... that's why it's essential to have a diversified and balanced portfolio (incl shorts) to take advantage of times like these... not gamble all-in on one stock or instrument... i was running my overall portfolio 25% net long and have now gradually moved to 40% net long just now...

the only stock that had really gone up in the last few weeks for me was TDOC, but sold that yesterday to raise some cash...

thanks for the advice.

cheeky order at 5p didn't quite fill (thankfully, I guess)... how you holding up KOH? I actually feel sorry for you now.

MrD I didn't buy last week... i bought at the Monday open... so only 5-10% on most stocks and still well hedged with shorts and long vol

took me 45 mins to cover my full position on IG this morning too.