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Old 04-10-2020, 07:25 AM   #146
PigStikr
The Stalker
 
Join Date: Apr 2007
Posts: 634
Re: Some Thoughts on Financial Survival

Quote:
Originally Posted by Bob Ballew View Post
...To be honest, the $100 a share stocks are a little too rich for my risk taking limit at present. I am following the low priced old school: banks, airline stocks, oil producers like OXY and several cruise lines, all of which are near rock bottom bargain prices. Still, like sidewazzz, I am holding back until I think the virus has peaked and shows signs of going down, at which time, stocks will likely take off toward new highs.
...The current ups and downs are all based on positive news one day and negative news the next. If some of it hits new lows, we will buy and just plan to hold long term until the economy is back to normal. The virus progress is the measuring stick to follow, based on what knowledge I have.
OK then, how about ERJ - Embraer ?
They are down to 6 bucks from 20 and they make regional jets as well as military and private jets
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