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re: Carnival cruise lines

Posted on 3/17/20 at 7:12 pm to
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 LSUTigerFan247
Member since Jun 2017
3643 posts
Posted on 3/17/20 at 7:13 pm to
quote:

You'll get an opportunity to by some beaten up names on the other side. Don't rush.



Totally agree with this
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37188 posts
Posted on 3/17/20 at 7:14 pm to
quote:

It's a non-essential industry which means government aid is NOT coming.


Trump has hinted that aid will go to them and the other cruise lines. Now... that's just talk at this point. But apparently the reason they agreed to shut down was because of a promise of relief.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119636 posts
Posted on 3/17/20 at 7:16 pm to
quote:

It's a non-essential industry which means government aid is NOT coming.


They will get relief. Maybe not as much as the airlines, but they vacation millions of American's a year.

I own 100 shares I bought at $29 back in 2010. It got up around $70 about 2 years ago I think. I bought it for the OBC, so I have made up my investment already, but I am shocked it has gone down this low.

Probably more downside still.
This post was edited on 3/17/20 at 7:18 pm
Posted by go ta hell ole miss
Member since Jan 2007
13665 posts
Posted on 3/18/20 at 7:22 am to
quote:

I mean I'd flip a coin here. It's a non-essential industry which means government aid is NOT coming


Aren’t these offshore companies that don’t really pay high taxes and hire foreign citizens for crew members? Not sure why the US would bail them out of anything.
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