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What are you buying today?


LowIQinvestor

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Whisky and perhaps something to smoke(old habits...). What a fucking week. Felt like I grabbed a lot of good stuff. Just have to get all the shards of glass out of my hands.

 

You fuggin' said it. What a week.

 

Yeah, what a week. But you always have the opportunity to get even in weekends! - Every Saturday & Sunday is flat - get even!

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Bought a basket of airlines, mostly Southwest but also Delta, Spirit, Jet Blue and Alaska. Interesting that airlines went down and everything else exploded up. If shit hits the fan with this virus is the market expecting only airlines to be affected??

 

Airlines have high operating and financial leverage, so the likelihood of bankruptcies is high even with modest traffic declines. The basket you have is safe though.

 

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BRKB 200-strike, March 6 expiration puts, $0.92 per share. ...

 

lol!, Mike,

 

I'll take the freedom to "remodel" that quoted part of your post :

 

Hypothesis : "The last fool isn't dead yet."

 

Proof [dated : March 4th 2020] : "BRKB 200-strike, March 6 expiration puts, $0.92 per share."

 

QED.

 

- - - o 0 o - - -

 

Crazy stuff to read, Mike! -Please keep them coming! [ ; - ) ]

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BRKB 200-strike, March 6 expiration puts, $0.92 per share. ...

 

lol!, Mike,

 

I'll take the freedom to "remodel" that quoted part of your post :

 

Hypothesis : "The last fool isn't dead yet."

 

Proof [dated : March 4th 2020] : "BRKB 200-strike, March 6 expiration puts, $0.92 per share."

 

QED.

 

- - - o 0 o - - -

 

Crazy stuff to read, Mike! -Please keep them coming! [ ; - ) ]

 

John,

 

I think I am done, at least for this week! If those expire I may write some more next week.

 

Mike

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