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Forum - Wall Street Pit    Stock Due Diligence for All

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From: kcprinters (Rep: 688) reply to deaconmikeDate: 03/31/2020 22:30
Forum: Wall Street Pit - Msg #2830429Thread #674138003 (Rec: 18)
Re: New cases: 24.5k (20k yesterday), New deaths: 742 (558), Futures: -1.5% R...oh ffs, downplaying the worst management of the virus in the whole saying, you should be thankful there wasn't 2 million deaths? Yes, if they didn't practice self isolation, that is what you would see (probably 10 million)...nothing to brag about as that is the simplest thing we can do and that is modelled everywhere in the world as a no-brainer.

The harm done is having a president that was calling this a hoax just a few weeks ago, has always claimed he knows more than the professional so listen to him, claiming it'll just go away in the spring, claiming its all under control, claiming all the churches will be full and business back to normal April 12...still hosting rallies into March with 1000's of people. He has trained his stooges to ignore all but him, so when the word comes out to self-isolate - many ignore because they hang on his every word and he never seemed to be, what could have been easily 15k deaths with a competent president actually putting urgency on this weeks ago, is now a situation where we may be seeing 100-200k deaths as suggested, 10x the worst country in the world (yes, China can be contested...but)

He failed, end of story and I feel for those impacted as this next month is going to be the worst month most of you have ever witnessed for your country.


DISCLAIMER What I post is an opinion only, by no means a professional opinion! I choose to put an emphasis on fundamentals, and even if something screams a buy, I've learned that the stock may not move just because the fundamentals say it's undervalued. If I post about a stock, it doesn't necessarily mean I hold shares - I often like to just discuss plays for the sake of conversation. This is a forum of discussion...for ideas - do you own DD and take responsibility for own trades.

Reply to deaconmike - Msg #2830427 - 03/31/2020 21:59

Re: New cases: 24.5k (20k yesterday), New deaths: 742 (558), Futures: -1.5% Re: N...

Did you see this afternoons press conference?
Dr Fauci said that had we done nothing, we'd be looking at 1.2 to 2 million deaths,,
The current model shows 100k to 200k deaths,,
And had the travel bans with China, Europe and Italy not been activated you'd be
looking at 500k
That's scary
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