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/biz/ - Business & Finance

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18312134 No.18312134 [Reply] [Original]

uh, why have all the billionaires and bankers changed their tunes all of a sudden? friday the end was nigh but today there's light? Aren't 90% of businesses still closed? Is the money printer wearing out?

>> No.18312155

There's still suckers out there for them to dump on

>> No.18312170

>>18312134
They are trying to prevent or mitigate or take advantage of the dead cat bounce that is imminent.

>> No.18312183

>end is nigh
Sell the bottom
>Buy now we are going up
Buy the top so I can get a better short position

Remember there's always got to be losers on one side of a trade

>> No.18312204

>>18312134

https://www.bbc.co.uk/news/world-europe-52182245

social distancing works, system will be back to normal in 9-12 months -so who cares if earnings is low for one year if you get a 20%+ discount on stonks

stonks is longterm, corona aint.

>> No.18312263

>>18312134
>trusting bankers
Yikes!

>> No.18312266

>>18312134
Why should anybody trust these fuckers after 2008?

>> No.18312347

>>18312134
Morgan Stanley is notorious for pump&dump/poop&scoop market manipulation.
No one takes them seriously.

>> No.18312366

>>18312134
They gotta get rid of their assets lol. Attempted market manipulation trying to leverage the anomality in covid data

>> No.18312442

>>18312204
"who cares"

The value of stocks care.

There is not gonna be "simply low earnings". Companies are gonna be their waist in debt, low on cash on a poor consumer activeness and high unemployment, mortgages defaulting ect

Also you are retarded if you consider the pre crisis level "normal". It was inflated as fuck. Even after this 30% crash and using the pre crisis fundamentals, the stocks are not cheap if you look in the history further than a few years.

>> No.18312467

>>18312134
sell signal
just sold

>> No.18312482

>>18312155
checked and fpbp. I am a permabull but we haven't seen the worst of this yet.

>> No.18312499

Everyone on biz is bearish, time to buy

>> No.18312543

>>18312347
>poop&scoop
lel

>> No.18312574

>>18312499
>he bought?

>> No.18312619
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18312619

>>18312204
Absolutely. This is a once in a generation buying opportunity.

>> No.18313025

>>18312204
However, the possible economic aftermath might have a long-term impact. With more people being unemployed the demand for the shit companies are selling will go down as well, which in turn might encourage companies to cut cost a fire more employees...

>> No.18313090

>>18312619
You're joking right? Big enough companies were at about this level a few months to 3 years ago for the most part.

>> No.18313132

Wish I had more cash to invest with right now, but my gut says to sit on cash and save.

April is done for, and May is looking to be the same. I don't think things will return to normal until June personally. I don't think we've hit the bottom of this yet...

>> No.18313135
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18313135

>>18312134

Not so fast.

>> No.18313177

>>18312619
Most stocks were cheaper last year.

>> No.18313188

>>18312574
More like
>He sold
With how everyone is posting.

>> No.18313207

>>18312134
They have huge stacks just waiting for opportunities like those the virus creates. Devalued assets everywhere.

>> No.18313302

>>18313025
this. its a domino effect. the entire economy will be downsized to essential services and goods only. i predict amazon.com share price will drop dramatically due to them being in the china trinket business. no one is going to be throwing money away on shit anymore. basic needs only. food. gas. electricity and clothing. everything else is secondary from now on. people will be using the same phones and computers for the next decade. and thats good. fuck consumerism. also alot of non essential jobs are going away forever. nail salons. restaurants. food delivery. etc. everything is going to be restructured and downsized as we enter the 2nd great depression.

>> No.18313550

>>18312204
>9-12 mo
Great. I’m excited to be doing normal things April next year.

>> No.18313863

>>18312543
>>poop&scoop
>lel
It's when you talk down something to buy it cheap.
I'm not kidding about MS.
You'd be better off doing the opposite of what they publicly suggest, more often than not.