Shawnino Posted March 11, 2020 #101 Share Posted March 11, 2020 14 minutes ago, fstuff1 said: ncl down 25% but Royal only down 15%. what gives? Rightly or wrongly (I'm guessing wrongly), some people will be attracted by the div yield on RCL. Link to comment Share on other sites More sharing options...
John Croteau Posted March 11, 2020 #102 Share Posted March 11, 2020 Ok I wanted the 100 shares for a long time, since I cruise NCL a lot. 50.00 was not affordable. But today , I bought for 15.01 a share. I'm assuming it might go lower, bit hey for $1500.00, bargain. If I go on 5 more cruises which I will. Every cruise gets me a $100.00 credit. Who knows it will go back up after the panic is over. 1 Link to comment Share on other sites More sharing options...
Rare Georgia_Peaches Posted March 11, 2020 #103 Share Posted March 11, 2020 Just now, John Croteau said: Ok I wanted the 100 shares for a long time, since I cruise NCL a lot. 50.00 was not affordable. But today , I bought for 15.01 a share. I'm assuming it might go lower, bit hey for $1500.00, bargain. If I go on 5 more cruises which I will. Every cruise gets me a $100.00 credit. Who knows it will go back up after the panic is over. Good for you! I bought yesterday at $17.12 and thought I got a bargain. Assuming NCLH pulls through, it will pay for itself in OBC ☺️. Link to comment Share on other sites More sharing options...
donnajoedoc Posted March 11, 2020 #104 Share Posted March 11, 2020 10 minutes ago, John Croteau said: Ok I wanted the 100 shares for a long time, since I cruise NCL a lot. 50.00 was not affordable. But today , I bought for 15.01 a share. I'm assuming it might go lower, bit hey for $1500.00, bargain. If I go on 5 more cruises which I will. Every cruise gets me a $100.00 credit. Who knows it will go back up after the panic is over. That pretty much sums up my plan as well. Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted March 11, 2020 #105 Share Posted March 11, 2020 1 hour ago, fstuff1 said: ncl down 25% but Royal only down 15%. what gives? Simple. They are two different entities with different amounts of assets, different balance sheets, different stock owners, etc. Zero reason for them to be the same balance. 2 Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted March 11, 2020 #106 Share Posted March 11, 2020 16 minutes ago, John Croteau said: Ok I wanted the 100 shares for a long time, since I cruise NCL a lot. 50.00 was not affordable. But today , I bought for 15.01 a share. I'm assuming it might go lower, bit hey for $1500.00, bargain. If I go on 5 more cruises which I will. Every cruise gets me a $100.00 credit. Who knows it will go back up after the panic is over. Good for you John. Eventually this will be all past us and you'll eventually make some nice profit if you decide to sell and you'll also get your OBC. 1 Link to comment Share on other sites More sharing options...
Susandt Posted March 11, 2020 #107 Share Posted March 11, 2020 Got 100 shares at 15.00 Link to comment Share on other sites More sharing options...
roger001 Posted March 11, 2020 #108 Share Posted March 11, 2020 I thought about wishing them well with a 100 shares at $15. However my financial guru nephew says he sees chapter 11 with the next 60 days. With that all stock trading is frozen and stocks become basically worthless. Shareholders are about the last debts to be paid by the court and all money is long gone by then. Too chancy at the moment. Hope that is all wrong. 3 1 Link to comment Share on other sites More sharing options...
oteixeira Posted March 11, 2020 #109 Share Posted March 11, 2020 11 minutes ago, roger001 said: I thought about wishing them well with a 100 shares at $15. However my financial guru nephew says he sees chapter 11 with the next 60 days. With that all stock trading is frozen and stocks become basically worthless. Shareholders are about the last debts to be paid by the court and all money is long gone by then. Too chancy at the moment. Hope that is all wrong. So you don't think it's a good 1500 dollar bet? I mean, it's better odds that we get back to 50 then you hit on one of the slots on the ship IMHO. 🙂 1 1 Link to comment Share on other sites More sharing options...
roger001 Posted March 11, 2020 #110 Share Posted March 11, 2020 It’s just a good gamble, at this point paying pretty good odds if you win. But, I’m thinking it’s about 50/50 right now that it might be a loss. But, a fun bet to monitor in any case. If it gets down to $10, it’s a good bet chapter 11 is ahead. An opinion. 1 Link to comment Share on other sites More sharing options...
rabidstoat Posted March 11, 2020 #111 Share Posted March 11, 2020 18 minutes ago, roger001 said: I thought about wishing them well with a 100 shares at $15. However my financial guru nephew says he sees chapter 11 with the next 60 days. With that all stock trading is frozen and stocks become basically worthless. Shareholders are about the last debts to be paid by the court and all money is long gone by then. Too chancy at the moment. Hope that is all wrong. I've bought 10 shares of NCLH at $15, and 10 shares of RCL at near its low. CCL didn't hit my limit order threshold yet, but I have an order in for 10 shares of that if it gets low enough. I figure at least one of them will survive! Link to comment Share on other sites More sharing options...
boomhower Posted March 11, 2020 #112 Share Posted March 11, 2020 Why is NCL stock so much worse than Carnival and Royal? They are all getting hammered but NCL is getting pummeled. Why is it doing so much worse than the other two major lines? Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted March 11, 2020 #113 Share Posted March 11, 2020 1 minute ago, boomhower said: Why is NCL stock so much worse than Carnival and Royal? They are all getting hammered but NCL is getting pummeled. Why is it doing so much worse than the other two major lines? NCL is the smaller of the lines so they don't have the same financial resources that the bigger lines have. 1 Link to comment Share on other sites More sharing options...
boomhower Posted March 12, 2020 #114 Share Posted March 12, 2020 2 minutes ago, ColeThornton said: NCL is the smaller of the lines so they don't have the same financial resources that the bigger lines have. Gotcha. New to NCL. Carnival is massive with all their lines and Royal has many themselves. Quick google shows three for NCL after your comment with two being small luxury lines so that certainly makes sense. As long as they dont BK I am not worried so much. Link to comment Share on other sites More sharing options...
Farts Posted March 12, 2020 #115 Share Posted March 12, 2020 5 hours ago, kollegekreed said: Can i get some education from financially smart people? if the stock goes to $10 and I turn around and vacuum up 100 shares for $1:000, then it goes back to $50 within a year or two, I’ve made $4,000....great. IF the stock bottoms out, and one of the companies files chapter 11; BUT doesn’t shut down....do stock holders retain that stock? I know companies go bankrupt “for protection” all the time. i guess my question is...how big a gamble is it really? @Roger001 answered your question, which I highlighted in red. He could provide you with more details as I am no expert. If any of these cruise companies go through restructuring through bankruptcy, then basically all the shares are worthless. Sometimes those holding the bonds will be issued new stocks, while the old stocks become worthless bc old shareholders get what ever is left over after paying back everyone else, which is usually zero. Disclaimer: Not a financial planner/advisor. I recommend you go talk to one. Not providing financial advice and this is just written for entertainment purposes. I am not liable for any or all loses sustained from your own financial dealings. 1 hour ago, roger001 said: I thought about wishing them well with a 100 shares at $15. However my financial guru nephew says he sees chapter 11 with the next 60 days. With that all stock trading is frozen and stocks become basically worthless. Shareholders are about the last debts to be paid by the court and all money is long gone by then. Too chancy at the moment. Hope that is all wrong. 1 Link to comment Share on other sites More sharing options...
Rare Newleno Posted March 12, 2020 #116 Share Posted March 12, 2020 (edited) 1 hour ago, oteixeira said: So you don't think it's a good 1500 dollar bet? I mean, it's better odds that we get back to 50 then you hit on one of the slots on the ship IMHO. 🙂 no it is not a good bet, bet on the s&p 500, it will recover, ncl on the other hand has a 50/50 chance of bk Plus now cruiselines dont want people over 70 cruising, hmm how is that going to help the bottom line, literally telling over 15 percent of your customers to bugger off, who will make up that difference? the millennials? they are going to be doing all the cruising and spending money, i dont think so . No bail out for cruise companies, not essential to our economy! Actually more then 15%, because regent and oceania has way more old people than young traveling. Heck I might even short this pig (put options not naked short) on a dead cat bounce come to think of it. Edited March 12, 2020 by Newleno 1 Link to comment Share on other sites More sharing options...
oteixeira Posted March 12, 2020 #117 Share Posted March 12, 2020 (edited) 12 minutes ago, Newleno said: no it is not a good bet, bet on the s&p 500, it will recover, ncl on the other hand has a 50/50 chance of bk Plus now cruiselines dont want people over 70 cruising, hmm how is that going to help the bottom line, literally telling over 15 percent of your customers to bugger off, who will make up that difference? the millennials? they are going to be doing all the cruising and spending money, i dont think so . No bail out for cruise companies, not essential to our economy! Actually more then 15%, because regent and oceania has way more old people than young traveling. Heck I might even short this pig (put options not naked short) on a dead cat bounce come to think of it. Well, we sure know where you stand. I can tell you that the cruises I have been on, one as recently as a month ago, were not only people over 70. As a matter of fact, it is a very small percentage of the people on board. As to S&P 500, go ahead and tell me which exact stock, would you? This is where it is silly. I can tell you 12 months from now where you should have put your money today, but the ENTIRE market is a gamble, were you can easily lose your money. I for one will put my money were I actually use services and believe in things. I currently have a position in Sirius XM as well, I can't wait for you to tell me why it is not a need therefore they will be bankrupt real soon and I am a fool even though I have made a LOT of money on it.... Edited March 12, 2020 by oteixeira Link to comment Share on other sites More sharing options...
Rare luv2kroooz Posted March 12, 2020 #118 Share Posted March 12, 2020 1 hour ago, boomhower said: Why is NCL stock so much worse than Carnival and Royal? They are all getting hammered but NCL is getting pummeled. Why is it doing so much worse than the other two major lines? Here is your answer....class action lawsuits forming against NCL.... https://www.businesswire.com/news/home/20200311005827/en/Lost-Money-Norwegian-Cruise-Line-Holdings-Ltd. 1 Link to comment Share on other sites More sharing options...
fstuff1 Posted March 12, 2020 #119 Share Posted March 12, 2020 2 hours ago, roger001 said: I thought about wishing them well with a 100 shares at $15. However my financial guru nephew says he sees chapter 11 with the next 60 days. With that all stock trading is frozen and stocks become basically worthless. Shareholders are about the last debts to be paid by the court and all money is long gone by then. Too chancy at the moment. Hope that is all wrong. whats your nephews qualifications to say that? Link to comment Share on other sites More sharing options...
fstuff1 Posted March 12, 2020 #120 Share Posted March 12, 2020 well, trump said no travel to the US from Europe for the next 30days, except from the UK. what % of cruises come to America to cruise during this time of year? maybe transatlantics back to their home country to save on airfare? also, after the bell, ncl issued new restrictions for people age 70+. Not looking good for ncl stock tommorow. 2 Link to comment Share on other sites More sharing options...
Farts Posted March 12, 2020 #121 Share Posted March 12, 2020 2 minutes ago, fstuff1 said: well, trump said no travel to the US from Europe for the next 30days, except from the UK. what % of cruises come to America to cruise during this time of year? maybe transatlantics back to their home country to save on airfare? also, after the bell, ncl issued new restrictions for people age 70+. Not looking good for ncl stock tommorow. your signature is HILARIOUS! Yea, I agree that the stock will continue to fall. Link to comment Share on other sites More sharing options...
roger001 Posted March 12, 2020 #122 Share Posted March 12, 2020 12 minutes ago, fstuff1 said: whats your nephews qualifications to say that? A wild ass guess just like everyone else you might hear also. Roll the dice. That's what the market is about. 1 Link to comment Share on other sites More sharing options...
Rare ziggyuk Posted March 12, 2020 #123 Share Posted March 12, 2020 God only knows what will happen tomorrow now travel from Europe to the US has been banned. Link to comment Share on other sites More sharing options...
molole Posted March 12, 2020 #124 Share Posted March 12, 2020 (edited) Wow! Damn. Hard to believe just a week ago I'd never have guessed Chp 11 would become a real possibility now. Some say 50/50 at this point? Damn. Still hope they can pull through. Edited March 12, 2020 by molole Link to comment Share on other sites More sharing options...
JustAPilot Posted March 12, 2020 #125 Share Posted March 12, 2020 Oh man, those circuit breakers are going to explode come opening bell tomorrow. Absolute annihilation on the stock market. 2 Link to comment Share on other sites More sharing options...
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