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TLRam1

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Yes I would agree on the whole rynosback, the thing on a corporation like Chili's (Brinker) they have the infrastructure to go back where they were quickly. I don't know how long it would take the stock to recover but if it was running 40 and now 10 don't you think you could fairly easily get 20 or 30 price point back rather quickly.

Let's say it took 2 years to hit the 40 mark again, that would be 4 times your money in two years, 30 would be three times your money. You know what I am saying.

Sysco who yesterday (Thur) hit 26 was at 41 when I checked then out on Friday, closed at 35. They are in the same boat as restaurants as that is who they supply.

I am watching and waiting, hoping we can all make something off this.

Thanks for your input.

 

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33 minutes ago, TLRam1 said:

Chevron (CVX) was 115 now 54 paying 8-9% dividends.

 

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I do not like any oil stocks now. Way to unstable. It is a yield trap. You might get the yield of 9.52 but if the stock goes down another 20% your not making money.

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Yep pot stocks are down. Good thing I'd expected a two to five year window to making some good money there. Tesla OTOH is at $505.00 and seems to be stable and going up incrementally.

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15 hours ago, RV_ said:

Yep pot stocks are down. Good thing I'd expected a two to five year window to making some good money there. Tesla OTOH is at $505.00 and seems to be stable and going up incrementally.

I should have bought when it went down to $350. I even called it 6 weeks ago. But reading a lot of technical charts and opinions on people who make and read charts, they think this is up way to fast and that we will test the lows again. I think it is great that Uncle Sam is pumping trillions into the US. But when the death tolls start rising, the markets should go down again. 

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2 hours ago, TLRam1 said:

With fuel cheap does that affect Tesla sales? Do they have a protected market?

I think the economy is going to slow sales more then anything. Plus when other manufactures really start coming out with them, they will be cheaper then a Tesla plus will have a tax rebate.  

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I got off the phone before I asked a representative who told me I was not allowed to but penny stocks, how to get approval.

Does anyone know the procedure?

I was either talking to Fidelity or Merrill Edge for a self directed account.

Tilray, Inc. (TLRY) has gone from 4.00 to 9.00 in the last couple of days. Aurora was up 13% today. These were penny stocks and I can't purchase.

Oil is at 22 a barrel down from 60, do you purchase and sell just like a stock? I know nothing about how to conduct a transaction if I were interested which I could be.

CL.1 U.S.: Nymex Crude Oil WTI (NYM $/bbl) Front Month

 

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I'm with USAA for banking and insurance. I established an investment account with them. I go there and buy or sell anything I want. They charged a flat rate of $8.00 pertrade whether that trade was for one share or 1000 shares and I can set up automatic buy and sell rules. ETrade? I don't do civilian at all so don't know. Lots of folks here can tell you where to go to invest yourself.

 

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I do have accounts setup with those two I listed, while I was on the phone discussing afterhours trading I failed to ask about penny stocks which he told me I could not buy. Not a problem until I saw pot stocks below their threshold. 

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6 hours ago, RV_ said:

Why did they say could not buy penny stocks?

They didn't and I was after other questions and did not go back to ask after our conversations. I did go through the questionnaire for "after hours" trading.

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