Beware bankruptcy, my bottom-feeding dip-buying friends

kmiklas

kmiklas

"Buy the dip!" I'm hearing peeps say. "The airlines will always come back!" Yes, they will... but will YOUR INVESTMENT survive?

Beware, my friends. Methinks that bankruptcy is a very real risk for many companies right now. Specifically: Airlines (DAL, AAL, UAL), Boeing (BA), Ford (F), General Electric (GE), cruise lines, etc..

So if you're bottom-feeding and buying the dips:

- Recall the airline bankruptcies following the 9-11 attacks
- Recall Lehman and Bear during the Mortgage crisis.

This is going to be a rough recovery. There will be casualties of this event. Don't get bit.

With all the love in the world,
Keith :^)
 
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Dip buying individuals is very risky right now.

It's true that most airlines will come back, the question is always, which?

To me it does look like a 2008 style move now, which means we will have months worth of lower volatility decline.
 
kmiklas said:
"Buy the dip!" I'm hearing peeps say. "The airlines will always come back!" Yes, they will... but will YOUR INVESTMENT survive?

Beware, my friends. Methinks that bankruptcy is a very real risk for many companies right now. Specifically: Airlines (DAL, AAL, UAL), Boeing (BA), Ford (F), General Electric (GE), cruise lines, etc..

So if you're bottom-feeding and buying the dips:

- Recall the airline bankruptcies following the 9-11 attacks
- Recall Lehman and Bear during the Mortgage crisis.

This is going to be a rough recovery. There will be casualties of this event. Don't get bit.

With all the love in the world,
Keith :^)
More...
How about clothing & accessory group? March sales down 50%. They are big victoms of Covid-19 shutdown right now. However, they are more likely to recovery after the crisis. jwn cpri gps.... looked attractive now.
 
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