MCD is in big trouble. May not exist in 5 years
- Thread starter hajimow
- Start date
How is this thread still going? Back in April, the OP claimed MCD would be out of business within 5 years, and since then the stock has outperformed the market by approx 10% and is hitting all time highs as of today...
What a wonderful stock, I will exit longer term Calls before Earnings, yesterday gave me a new chance to purchase those Calls at a discount. Good Luck!
Another hindsight home run! htf do you do it?!1
"Rabid... rich, hedge fund guys on lines 1, 2 and 3!"
"how are you still single?!"
One University of California, Berkley study found that low-wage workers receive an estimated $127.8 billion in federal aid, and $25 billion in state aid. Responding to pressure, McDonald's announced in April that it would increase employee wages by more than 10 percent across 1,500 company-operated stores in the U.S
This is true for pretty much the entirety of the service economy. A really high percentage of people that work in some of the lower skilled trades like restaurants, retail, hotels, low-end construction and many others are subsidized by the government.
I tend to think the true numbers dwarf figures you quoted.
I still have 4 more years. I did not predict thing will happen linear.
I have made much more than that on MCD in the same period. Check out my trade strategies
Ok, so you created a thread about MCD supposedly beginning a long term trend DOWN and followed it up with frequent trades SELLING WEEKLY PUTS on MCD. And you don't understand why people think this thread is stupid ?