A few things for your Monday update. The Florida Supreme Court suspended Jury Trials until May 31, 2020. Whomever picks a jury on 5/31/2020 please email us. We will buy you a dinner at the restaurant of your choice (which won't be open on 5/31, but when it opens, you're eating for free). Whomever shows up for jury duty on 5/31, don't bother emailing us but if you're dumb enough to show up and sit in a crowded jury room, we do not want you on our jury.
Second: Judge Scola is one of the best Judges in the US. Another reason why:
Scola Order by HR on Scribd
Third: An alert and long time reader keeps emailing us about Remdesivir. We checked it out. He may be right. This may be the magic bullet.
From his lair on Penobscot Island, in safe isolation from the world, the Easy E plots his next
ReplyDeletelegal triumph= the class action lawsuit against insurance companies refusing to honor business interruption coverage.
Go E Go!
I’m 100% back in the equity stock market Rumpole.
ReplyDeleteGot my big names and some more speculative stocks. Just bought a big stake in the cruise lines, Marriott and Avis. You approve?
May 31 is a Sunday. That’s why the order actually goes through May 29, a Friday.
ReplyDeleteGlad to see your ability to suck up has not been quarantined.
ReplyDelete12:32 You are in for a rough time. This week was the opposite of panic selling- a weird phenomenon called panic buying. Cruise and travel industry- five years to come back.
ReplyDeleteMarket itself has a 35% downside from where we closed today before we hit a Rumpole bottom. Then I would nibble back in with the Apples, Microsofts, Amazon. Shopify, JNJ (which has been flying) Merck, Bristol Meyer, Clorox.
No travel stocks. No energy stocks, unless you like losing money.
Bank stocks iffy- decent values but not if 25% of their loans default in the coming recession.
Rumpole - you never mention Facebook in your recommendations. I’m wondering why. All the new members around the world. Advertising might be down, but eyeballs are at record levels. Thoughts?
ReplyDeletePS. What are the risks, if any, of acquiring Amazon at this level.
I do not like media companies now. Ad revenue will be down. Businesses will not have money to advertise. Facebook is a great company. But there are better places for my money, like CHL- China Mobil. Clorox. Colgate-Palmolive. Coca-Cola. I love Shopify and I keep trading for profit Marvell- a wonderful 5g play- but one of these days it's going to break 28 and run away from me.
ReplyDeleteCan’t obtain Scola order ....
ReplyDelete