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Brexit - Looks like we will see 5-10% down

MakeitRainDolla 6,163 548 June 24, 2016 at 05:26 AM
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Anyone hedge overnight. Could have made bank...come join me in the back alley with 10% less net worth. Cheers

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#2
The vote is non-binding. Everyone is panic selling, if they stayed everything would be green. If people predict to be a global cataosphere then the worse is yet to come. So wait it out and then buy everything. I personally think everything will bounce back in a couple of weeks.
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#3
I like when these type of things happen. It's a good time to take advantage of buying when everything drops.
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#4
^me too. Im still young so I dont care. I just put some orders in this morning. Gotta strike when the iron is hot.
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#5
British stocks may be the best buy. The pound just got pounded so that should be a nice juicer to earnings.
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#6
this thread is going places.
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#7
What looks appealing? Out of all my holdings, NXPI is down quite a bit. I need more $ to buy more ..
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#8
Quote from OgreDave View Post :
What looks appealing? Out of all my holdings, NXPI is down quite a bit. I need more $ to buy more ..
Just added to my SWKS position, $57 too nice to pass up. Forward P/E of 9.
Added to my long CELG position under $96.
HZNP super cheap at $15, forward p/e under 6 with a huge potential catalyst late in the year. Stock touched low $13 area a few months ago so might be able to get for cheaper, but this is a good spot to start a position.

GILD looking super cheap,but growth concerns are there and everyone has been waiting forever for them to make an acquisition.

Do your own due diligence though.
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Last edited by Arp590 June 27, 2016 at 08:12 PM

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#9
Looks like its on way back up. Good thing I loaded some yesterday.
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Joined Jul 2008
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#10
GILD popping today
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wave
#11
Missed the boat Smilie
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#12
Went up huge yesterday. Slight drop today. I think its still good time to buy. Still haven't caught up to before brexit prices.
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#13
Thats odd...minus my contributions my accounts were up by $3500 this month. Did I miss the brexit? lol...I win again. Low cost index funds baby...w00t.
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#14
Quote from joon82 View Post :
Went up huge yesterday. Slight drop today. I think its still good time to buy. Still haven't caught up to before brexit prices.
It is not far off though. I will be careful. I am sure we will have a few days of pullback going into the holiday weekend.
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#15
Scooped up a little NGG at 68, bounced nicely. Good dividend
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