Beware bankruptcy, my bottom-feeding dip-buying friends

Here4money said:
I for one, regret not buying AMZN & WMT on the dip as I promised myself I would
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Amazon, Walmart, McDonalds, and those that are open for business and doing reasonably well in the Corona economy are one thing...

Beware those hit hard by the virus.

Charts on some big-name tickers look veeery tempting... but it's a trap.
 
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kmiklas said:
Amazon, Walmart, McDonalds, and those that are open for business and doing reasonably well in the Corona economy are one thing...

Beware those hit hard by the virus.

Charts on some big-name tickers look veeery tempting... but it's a trap.
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Boeing and ge ?? U think so ?? Dont they have enough assets to liquidate before they bk?? Isnt that what ge been doing ?
Elaborate please if you can on these
 
systematictrader said:
Boeing and ge ?? U think so ?? Dont they have enough assets to liquidate before they bk?? Isnt that what ge been doing ?
Elaborate please if you can on these
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They might declare chapter 11 to "restructure" in the new economy. In other words, grab shareholder investments.

Nobody will be buying planes for a long time.
 
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 :^)
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Surely, there must something—some reason—why people are pumping thing. Do people believe the debt won't matter, the rampant unemployment won't matter, and what about secondary consequences? What am I missing?

I picture this analogous situation where we are traveling down the rapids with our backs to the waterfall. People won't bother to paddle until they are inches from the edge (and I'm not referring to Coronavirus).

Banks are giving forbearance for 3 months, but on the 4th month, they want all the payments right then. Does this mean they expect this recession-or-something-like-it to be over by then?
 
The only travel stock i am holding is TUI because they are already saved by Germany and also they arw diversified like no one else, have client binding programms like no one else and already have filled orderbooks past Corona. Thank me for the tip later.
 
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