New Bailout! These Stocks could Skyrocket | Fed Just Announced
120420 Like and subscribe. This is an archive, check the link in the end if you are owner. New Fed bailout might Skyrocket these Stocks. Investing & Negotiating, use code ⚠️MoneyFromHome⚠️ expires 4-15-2020 https://metkevin.com/live 🦠Life: https://metkevin.com/ladder 💰Free Stocks: https://metkevin.com/webull
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The Federal Reserve JUST announced the Main Street Lending Program and Main Street Facility with Credit Facilities. Which is just a fancy way of saying: Companies with under 10,000 employees OR less than $2.5b in REVENUE (not profit) can take a loan out of at least 1 million dollars (4 times EBITDA).
This means the Federal Reserve’s Main Street Lending Program could skyrocket the stocks of companies currently strapped for cash. Some companies are heavily discounted and essentially priced for bankruptcy due to the current outbreak. This loan facility essentially creates a safety net below these companies to help minimize the risk that they might go into bankruptcy. Some stocks that may particularly benefit from this are Tupperware stock, KB Homes Stock, Dave and Buster’s Stock, Redfin Stock, Yelp Stock, Denny’s Stock, Spirit Stock, Enphase stock, and others. Unfortunately, AMC might be out of luck and continuing towards the path to bankruptcy, unless of course the Fed swoops in with a rescue plan for even larger companies. There ya have the Fed’s newly announced Main Street Lending Program.
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