50 years of Mercury Cougar 1967/2017
The Ukranie 737 was, ( my opinion), struck by the rockets fired by iran at the american base in iraq.
Sorry, you lost me there. Never heard of World War 2 ?? Mcdonnell Douglass merger with Boeing in 1997 ??? You can justify it any way you want, but the fact remains that Boeing is just as bloody as any other "defense" contractor. Our American Troops who protect the security of this country are thankful every time a Fairchild ( AKA Northrop Grumman ) A10 Thunderbolt 2 rips through a convoy of enemy insurgents with its "General Electric" GAU-8/A Avenger 30mm Autocannon.Basically, it's "less" blood money. 🤷
What are the ODDS … that a missle fired at the American base in Iraq happened to be directly in line at that exact moment in space / time for it to strike an airplane ? No it was "hours later" .. speculate all you want, doesn't mean anything.The Ukranie 737 was, ( my opinion), struck by the rockets fired by iran at the american base in iraq.
I got in on TSLA at $185. I see no justification for $524 but at <$200, I believe the carcass was worth more.TSLA up over $46 a share today to $524 !!
I hope some of you jumped in on this winner when I first mentioned it. I won’t make recommendations where I don’t have skin in the game too.
I'm not 100% sold that Medmen will become a dominant retailer which seems to be their primary focus. Too many mom-and-pops and the market is fragmented. Long term, i think the companies focused on production (like the Canadian firms) will do better as they establish brand names. Sure, someone will become the next Starbucks but it might be easier to pick the right producer who will go multinational before you pick the right retailer.It's a bit risky because the industry has been in a downfall, but a cannabis company I've been following for a while is one called MedMen. I started following them when they were ~$2.20/share. Today they closed at $0.57/share. I'm considering dropping $100 on them as I feel they may have reached absolute bottom. That, and $100 isn't going to be a terrible loss if they end up in smoke.
Anyway, these last few days the readings I've seen from the company seem promising as they have been consolidating their poor performing stores and at the same time expanding / creating new partnerships with other companies here in California as well as Nevada, areas where they are well established. They don't pay out dividends though, which wouldn't be a reason to purchase for the long term. My strategy with this company, should I purchase some shares and If it turns around, would be to establish stop loss rules at certain points.
I'm not an accountant or a FCP but I have dealt with similar situations and to my knowledge, what TM says is correct.Cashing out is selling. If you cash out at a loss losses can be written off but there's an annual limit. I think it's 2 grand a year or something like that. The rest can be carried forward into following years. I don't think there's a limit as to how many years you can carry losses forward.
Losses can also be applied against gains. Check with your accountant for all the nitty gritty details.
1) XRX is looking to buy HPQ not HPE.There's news of Frontier planning on filing for bankruptcy. What does that mean as far as their stocks go? I know they haven't been making their dividend payments for some time already.
Separately, the whole Hewlett Packard (HPE) / Xerox (XRX) merger thing. HP didn't want to do a merger so now Xerox is wanting to do a full on takeover. Would it be a good time to buy either company stock? It looks like HP pays $0.18/share dividends and Xerox pays $0.25/share. If Xerox would do a full takeover of HP, will that mean that HP shares are then (eventually) converted into Xerox shares? If that's the case, it would be a wise choice to buy HPE shares and get that bump up when (if?) the shares convert over to Xerox. How would that strategy work?
A contractor friend just brought up the idea with me of buying into PG&E, the monster utility in CA that has been the culprit of lots of deaths and property damage b/c of deferred maintenance. THe idea is that you'd buy them now in the dark days and then be happy when they've recovered. RIght now, they are trading at $14 off an alltime high of ~$70 in 2017.I"m pretty sure Frontier's stock will be delisted. Bankruptcy = 0 value. I don't remember how GM's bankruptcy was handled but they're still on the market. I'm pretty sure they go to zero and get delisted. They may be listed again after emerging from bankruptcy. S4gunn may have a better idea. Thank God I don't have any experience with a holding going bankrupt.