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Old 04-24-2020, 10:02 AM   #31
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I guess it is going ok....
I am still working at home - have been since March 6 or so.
Only persons who need to actually 'touch' the plane or provide support in person are going in. The rest are working virtually - or have been placed on furlough. I have a few friends who were placed on furlough a couple of weeks ago - with more to come.

We'll see how this goes....
Good luck man. It's a tough time.

I've been fortunate enough that despite being hourly and with a pay reduction since 3/24, I've worked 8 hours/day the whole time. I actually just got the good news that my company applied for and got the PPP loan from the SBA and we are approved to work 40hrs/week through June. Up until today it was a weekly update on Fridays to tell us we could work the next week.
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Old 04-24-2020, 04:14 PM   #32
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This suggests Snyde (snarky Clyde) is probably more accurate than not:


https://iphone.appleinsider.com/arti...ll-be-v-shaped

Apple has some of the best market analytics and Tim Cook is wicked smart. If they’re modeling a V shaped recovery, then I would use that as an important datapoint for our discussion.
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Old 04-24-2020, 04:33 PM   #33
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This suggests Snyde (snarky Clyde) is probably more accurate than not:


https://iphone.appleinsider.com/arti...ll-be-v-shaped

Apple has some of the best market analytics and Tim Cook is wicked smart. If they’re modeling a V shaped recovery, then I would use that as an important datapoint for our discussion.
I would rather read what Cook said, not what the man who wants us to drink bleach and disinfectants says Cook said. V shaped might happen for Apple, but will it happen for Simon Properties? Large office building owners when companies realize how much work can get done telecommuting?
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Old 04-24-2020, 04:38 PM   #34
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Lemming, don't see my post as an attack on you, I just don't believe the world economy will ever be the same as it was 6 months ago. Apple will survive, they have plenty of tech and plenty of cash in the bank. Many companies will not survive this.

I wish I had the foresight to sell my REIT investments 4-5 months ago.
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Old 04-24-2020, 04:41 PM   #35
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Lemming, don't see my post as an attack on you, I just don't believe the world economy will ever be the same as it was 6 months ago. Apple will survive, they have plenty of tech and plenty of cash in the bank. Many companies will not survive this.

I wish I had the foresight to sell my REIT investments 4-5 months ago.

I don’t really know what it will look like. I’m in a protected industry which is in the eye of this particular storm (biotech).

I don’t have the brain power to follow every sector to know how each sector emerges from this.

While Apple might pull ahead, they’re still pulling against credit defaults, unemployment and foreclosures. Yes.
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Old 04-26-2020, 12:33 PM   #36
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https://www.motortrend.com/news/cash...020-car-deals/

cash for clunkers coming?
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Old 05-01-2020, 08:39 AM   #37
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I hope that the BMW plant here has more than one source for clutches and brake parts, because the Borg Warner plant got trashed here in Sunday nights tornado. This link includes a 20 minute helicopter fly by. This tornado was an EF3, 1/2 mile wide at times and almost 8 miles in length that hit in Seneca SC and moved to Clemson SC.

The plant is trashed. Only one dead due to the BMW shutdown. If not for the COVID related BMW shutdown there would have been 275-300 people in the plant for third shift.

Haven't heard an update this morning, but last night there were still 2 people "missing"

https://www.wyff4.com/article/contra...y2GWgMAB3VWD1Y
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That's crazy! That will take serious work to repair/rebuild.
They'll be ready for limited production early this month

https://www.wspa.com/news/local-news...ado-in-seneca/
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Old 05-01-2020, 03:28 PM   #38
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They'll be ready for limited production early this month

https://www.wspa.com/news/local-news...ado-in-seneca/


BWM begins opening/ramp up starting Monday 5/4
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Last edited by kognito; 05-01-2020 at 04:59 PM. Reason: bad info
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Old 05-11-2020, 02:31 PM   #39
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hertz is the new canary in the COVID19 coal mine for what happens next.

Let’s hope they’re not forced to sell down their inventory which would flood the market and depress used cars prices a ton?

Unless we think that somehow is good for car sales?
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Old 05-11-2020, 03:42 PM   #40
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Used car prices plummet, but the deals may not last. Here's why
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