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Message
re: Carnival cruise lines
Posted on 3/17/20 at 7:16 pm to Sluuuu
Posted on 3/17/20 at 7:16 pm to Sluuuu
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
2
Posted on 3/17/20 at 7:20 pm to kywildcatfanone
quote:
They will get relief. Maybe not as much as the airlines, but they vacation millions of American's a year.
Can only raise so much capital, it's not a key industry. Someone, will acquire the assets if it comes to that.
Posted on 3/18/20 at 7:28 am to kywildcatfanone
quote:
I bought it for the OBC, so I have made up my investment already,
how often do you cruise? I just saw OBC mentioned for the first time a few weeks ago so I looked into it. I saw $50 per cruise 6 days or less. That's a lot of cruises to recoup your initial investment
This post was edited on 3/18/20 at 7:29 am
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