Bailout bets

[Cuddles]

What are you holding in anticipation for the bailout(s)?
Currently looking at
$DAL (delta airlines)
$GE (general electric/aviation)
$BA (Boeing)

haven't bought into any of them yet.... I reckon cruise companies may not get bailed for being registered elsewhere and not paying taxes directly.

What you buying/holding b4 the vote?

 

[cdcaveman]

Bet on inflation

 

[Cuddles]

Bet on inflation

buying gold

 

[cdcaveman]

buying gold

Yes there was outflows due to broad selling of assets to cash...the press will press gold up big time

 

[guru]

Wasn’t GM bailed out by erasing previous shareholder equity and basically replacing the stock with a new one?

 

[kmiklas]

GM, Ford.

 

[Sig]

Wasn’t GM bailed out by erasing previous shareholder equity and basically replacing the stock with a new one?

Yes and that's a good point. Just because the company survives doesn't mean the shareholders survive.

 

[Cuddles]

Yes there was outflows due to broad selling of assets to cash...the press will press gold up big time

I was joking, gold's trash. I went all in on tech today