Global markets, oil prices plunge over coronavirus (COVID-19) concerns - The HuntingPA.com Outdoor Community
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post #1 of 106 (permalink) Old 03-09-2020, 10:09 AM Thread Starter
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Global markets, oil prices plunge over coronavirus (COVID-19) concerns

Global markets, oil prices plunge over coronavirus (COVID-19) concerns

Lets see how Stephanie Grisham spins this
https://apnews.com/d69d338f530492125c92424b8ae3290d
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post #2 of 106 (permalink) Old 03-09-2020, 10:29 AM
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Hopefully Trump stays in Mar-a-Lago banned from using his lil tweetie with his mouth duck taped!!
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post #3 of 106 (permalink) Old 03-09-2020, 10:49 AM
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Trump was beating the drum that he was responsible for the stock market surging. Letís see who he blames for the stock market falling. I can guarantee, it wonít be himself.
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Itís funny until somebody gets hurt, then itís hilarious
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post #4 of 106 (permalink) Old 03-09-2020, 11:35 AM
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The drop can be blamed on the Chinese government dumping the world economy so Trump isn't re-elected. They could care less if they have to kill off a few million people in the process.
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post #5 of 106 (permalink) Old 03-09-2020, 12:05 PM
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Trump was beating the drum that he was responsible for the stock market surging. Letís see who he blames for the stock market falling. I can guarantee, it wonít be himself.
A local fellow was overheard complaining.....his wife died, he found a girl friend, and she left him. His TV cable was being shut off for non payment. He attributed it all on Trump. LOL.
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post #6 of 106 (permalink) Old 03-09-2020, 12:13 PM Thread Starter
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Heard a news report this morning that Russia's refusal to set rates and sending oil prices into a tailspin was directed at fracking in the USA, and like before make it unprofitable to continue.
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post #7 of 106 (permalink) Old 03-09-2020, 12:19 PM
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A local fellow was overheard complaining.....his wife died, he found a girl friend, and she left him. His TV cable was being shut off for non payment. He attributed it all on Trump. LOL.

Thatís reminds me of the guy who told his friend he was fired from his job. When his friend asked why he was fired the guy said, ďI donít know, I didnít do nothing.Ē
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post #8 of 106 (permalink) Old 03-09-2020, 12:21 PM
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Heard a news report this morning that Russia's refusal to set rates and sending oil prices into a tailspin was directed at fracking in the USA, and like before make it unprofitable to continue.

Yep, they are targeting the USA and PA frackers are in their crosshairs. Gotta love the Roos-kies.
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post #9 of 106 (permalink) Old 03-09-2020, 10:10 PM
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Time to buy. Waugh!

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post #10 of 106 (permalink) Old 03-09-2020, 10:37 PM
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Time to buy. Waugh!
Could be.

Just out of curiosity I checked the stock of my local bank, First National Bank. It was off 15% today!

The closing price was $8.17. The 365 day high was $12.93.

The dividend is 5.88%.

The PE (price/earnings ratio) is 7.

It seems like a very low valuation. Does it make sense to anyone why it should be valued that low?
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