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Carnival cruise lines

Posted on 3/17/20 at 7:06 pm
Posted by BossierBayouBengal
Bossier City
Member since Nov 2006
370 posts
Posted on 3/17/20 at 7:06 pm
Is it worth buying now or do you think it will go down a lot more?
Posted by Sluuuu
Boston
Member since Sep 2018
355 posts
Posted on 3/17/20 at 7:12 pm to
I mean I'd flip a coin here. It's a non-essential industry which means government aid is NOT coming. This lasts a couple months because certain regions choose not to take the appropriate measures it can go to zero.

You'll get an opportunity to buy some beaten up names on the other side. Don't rush.
This post was edited on 3/17/20 at 7:23 pm
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2943 posts
Posted on 3/17/20 at 8:14 pm to
They got a good balance sheet and all operations are ceased so they aren't bleeding money
Posted by Jake88
Member since Apr 2005
68435 posts
Posted on 3/17/20 at 11:15 pm to
Carnival or Royal Caribbean ?
Posted by Jag_Warrior
Virginia
Member since May 2015
4133 posts
Posted on 3/18/20 at 7:53 am to
Unless you have money burning a hole in your pocket, why now? Same goes for those rushing into BA, the airlines, hospitality and other industries that will probably continue taking it on the chin as this situation develops.

No way to know how this will play out. In 3-5 years, it may not matter that you could have bought lower. But in the short term, seeing what we’re seeing, I’m just asking, what’s the rush?

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