Quote:
Originally Posted by lakerslive
Hello,
So, im shorting RCL right now which is at $45 per share.... what would it take for TRUMP to save this industry with the corona virus besides finding a vaccine... how can it return to $120 level a share level? Even if he gives the cruise line lets say 1 billion dollars of govt money im sure it will spike up..but it would the stock still plummet after that until they keep giving cruise lines 1 billion until everything goes back to normal?
I mean if you got no passengers and their profits are based on govt money..where should the price be...
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This is an unprecedented situation. There was never any vaccine made for SARS or MERS because they fizzled out. There WILL be a vaccine for this. There already are many being tested, and even on humans in the UK. That being said, it will take a while to produce enough of the actual vaccine for the demand since we are talking about potentially a billion or more doses, needles, syringes... Once you have a % that was vaccinated or already had the virus, there will be herd immunity and this will become a much smaller problem. Cruise lines will probably boost customer confidence by requiring proof of vaccinations before boarding. That being said, it will take no less then a year or two to recover at the very least.
Keep in mind they might just straight up freeze the market or disallow short selling...
I would instead of stocks buy physical gold or silver bullion for the time being. If you are in Europe, physical silver is more of a shit hits the fan investment because they charge VAT on it - you buy it as a method of potential barter for an economic collapse.