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re: Should we be buying Cruise Stock?

Posted on 3/13/20 at 9:43 am to
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 3/13/20 at 9:43 am to
I don't know cruises aren't considered essential to the economy and probably won't get a bailout I think bankruptcy could be coming for some of these.

At the least they're facing serious scrutiny/regulation over their sanitizing procedures. I think they're better candidates for shorting still.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41714 posts
Posted on 3/13/20 at 9:46 am to
quote:

I don't know cruises aren't considered essential to the economy and probably won't get a bailout I think bankruptcy could be coming for some of these.


That's EXACTLY what I told my brother a few days ago when he was all in on cruise stocks. I can see a couple of them going under.
Posted by gizmoflak
Member since May 2007
11667 posts
Posted on 3/13/20 at 10:09 am to
quote:

I don't know cruises aren't considered essential to the economy and probably won't get a bailout I think bankruptcy could be coming for some of these.

At the least they're facing serious scrutiny/regulation over their sanitizing procedures. I think they're better candidates for shorting still.


Ok, millenial.

When this panic is over (and it will be over soon), I'm cruising like a madman.

Sincerely,

Boomers
Posted by Kvothe
Member since Sep 2016
2023 posts
Posted on 3/13/20 at 7:07 pm to
quote:

I think they're better candidates for shorting still.



Anyone buying puts on Caribbean? It’s looking tasty.
Posted by GWfool
Member since Aug 2010
2359 posts
Posted on 3/14/20 at 9:13 am to
They wont and should not get bail outs because generally most, if not all of them, are not based in the US and most of the workers are not US citizens.
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