Help With Cruise Line Stocks
 

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...

i dont remember there ever being a bailout for leisure industries. where was our bailout in 2008? :1orglaugh

airlines will probably get money, but not cruise lines. they'll have to dig into insurance (my guess).

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Short it into the ground. They are going to go bankrupt. Who the fuck would get on a cruise ship knowing you could be stuck on one? Even with a vaccine..they're like floating jails.

Ain't just the cruise industry.

Our CT shares went from $151 on Feb 18...to $115 today.

Oil is in freefall.

Dow and TSX are crashing in quadruple digits daily.

When corona isn't a worry anymore, people will continue wanting cruises, especially when they'll be giving heavy discounts :2 cents:

Oil, banks, insurance, defense contractors and certain technology companies are of vital importance to each country's national security. If necessary, governments will do what's necessary to try to prevent their demise.

While the cruise industry may get some government help, they are not considered a vital industry. Just look at the decades of history of the airline industry. There have been many airline bankruptcies and restructurings over the years.

And even if companies survive bankruptcy, that doesn't mean that their shareholders of common stock will.

Get this. My wife and oldest are going on one the first week of April with kids from school for Spring Break. Norwegian has given them up to 48 hours prior to departure to cancel. She's set on still being able to go right now. The woman spends her days working in a jail and just doesn't get it.

It’s all gonna come back up. Buy it all now and wait a few years

Airlines
Tech
Cruises
Banks

The whole world is going to shit.

Covid19 and oil crash just the beginning.

Tech and banks maybe. Tech for sure but airlines? Many going broke..
Cruises? Long long time before they recover.

Even just touching money now is dangerous to your health.

Oil just took a big hit and that's going to impact a shit ton more than you can imagine.
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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.

The cruise lines have not hit bottom yet. and contrary to what some say they will go back up. However the CDC and other groups like them are going to impose new restrictions. so for like RCL.

I have been watching them fall for days now with a short rally. I see them hitting about 26 a share and then holding. Remember they have other money invested and can always keep moving with shorter less risky trips. Like going to the private island and such.

For me when I think they have bottomed out Im going to buy in. Its a long term thing though as it will take years to get back to what they had. and they eventually will.

Most of the airlines will do similar once the transmission gets tied to a flight.

I agree, just we need to calm down to avoid the worse

US will pass a bailout for the travel industry next week - airlines and cruise ships included. fyi...

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