- 74,881
- 24,275
Grabbed a share of twlo as a small starter at 109.50 in case it ran into earnings. Wish I grabbed more.
Added a little Disney today.
Added a little Disney today.
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
- 28,929
- 17,594
There’s no way airlines ticket sales bounce back before a vaccine is available and mass distributed.
アミーゴ do you think business air travel will take a permanent hit with people getting used to remote meetings? Or old habits will come back in a couple of years when it’s all said and done?
It’s the same reason I’m short on commercial real estate - this new way of working is going to hurt the travel industry for the next 3 years (at a minimum). I travel every other week and already agreed with my CEO that isn’t happening through the EOY.
Companies will look forward to helping their bottom lines in any way they can - in-person meetings that are non-essential will help that.
- 28,929
- 17,594
And this is why Amazon pushed their start date back to Oct 3rd. It’s the same type of thing when a woman comes back from maternity leave - the people who come back first will have an unfair advantage.
- 17,264
- 27,199
They have mentioned they have about 3 months worth of cash left. Sometime mid-summer would be my guess
Last edited:
- 12,085
- 14,905
- 74,881
- 24,275
They’ll be able to make things work by selling some of their real estate and downsizing their locations, maybe renting out portions of their stores to Starbucks, nespresso, things like that. They’ll never be the one stop department store giant they once were though.
- 2,623
- 2,615
It's tough man. My dad got let go during the tech bubble burst. He had to switch careers to a different industry entirely.
I remember finishing uni and getting my first career related job. I was paying for my parent's mortgage for the first 2 years.
- 28,929
- 17,594
Sorry to hear - was he an engineer?
- 19,969
- 26,165
Honestly, companies that should have been trimming fat years ago are now forced by COVID to face reality
It was painfully obvious whenever you stepped inside a department store like Macy's. The stores were unnecessarily big and should've been smaller and most of the items stored in warehouses or shipped directly from the manufacturer to customers.
Can't be out here running a business like it was the 50s to late 90s and ignoring the fact the internet exists
It was painfully obvious whenever you stepped inside a department store like Macy's. The stores were unnecessarily big and should've been smaller and most of the items stored in warehouses or shipped directly from the manufacturer to customers.
Can't be out here running a business like it was the 50s to late 90s and ignoring the fact the internet exists
- 2,623
- 2,615
Yup.
All good. He became a realtor. Lucked out since real estate boomed because of the influx wealthy mainland chinese folks coming in to Vancouver ever since.
Intially it was tough for him when he got laid off. Worries about supporting the fam, thinking they are too old for their industry etc. What I noticed the most is the blow to the ego and self confidence.
I think for any NTers out there with their dad, male relatives, friends who have had a lot of experience in life (late 40s and above), to just cheer them on, provide ongoing ego boosts and encouragement. Pops lost all his hair during that time
.
- 26,521
- 29,721
Macy's actually has already done so. The one in downtown Brooklyn sold it's parking garages and upper floors to it's building to some developer that's turning it into luxury apartments.
- 35,334
- 26,982
Lots of office space in Manhatten that'll probably turn into condos as well.
- 4,122
- 640
lol i didnt even realize theres a macys in downtown. i usually go to kings plaza or my preferred one is staten island
- 12,085
- 14,905
Tesla could be open on Friday
- 4,418
- 4,628
AMD calls rose from the dead was down 50% over the weekend and ended up with a 10% scalp
Wanted to free up some cash since I got another option open
Wanted to free up some cash since I got another option open
- 8,731
- 7,457
I have always stayed away from Airlines due to their Labor and low margins. SW and Delta are the best positioned imo for reasons I stated, SW due to their concentrated supply chain and Delta due to their wealthier customer base. American was overleveraged BEFORE Corona.
Not going to lie, will take great pleasure in watching AA fail. Lost my damn bags and didn't even offer a pat on the back!
- 8,731
- 7,457
How JC Penny and Macy's are still in Business is beyond me.
Macy's has been trading below their book value for almost a year, not a good sign for a retailer. I don't know anybody besides my pops who shops at JC penny.
- 21,540
- 12,361
- 26,496
- 3,591
What's the feeling on Disney?
Think it will pop with Disney+ numbers or overall uncertainty will bring them down after earnings?
Think it will pop with Disney+ numbers or overall uncertainty will bring them down after earnings?
- 7,884
- 2,014
Sbux is looking mighty juicy 
solewoman
Staff member
- 19,599
- 21,510
Been waiting for them to drop below 98 again
- 26,496
- 3,591
Sbux is looking mighty juicy
if SBUX can get to 60 im IN
- 4,122
- 640
im borrowing my friends account but i dont use it. the only marvel movie ive watched in my lifetime is the first iron man and civil war.
- 74,881
- 24,275
40% I believe of their margins is parks. They can’t create content right now. Espn has nothing to air. Marvel is on pause. Has the makings of a flat to lower move on earnings and I’ll be a buyer for sure. I added very small on today’s pullback under 102.
- 12,085
- 14,905
Similar threads
