oteixeira Posted March 24, 2020 #376 Share Posted March 24, 2020 12 minutes ago, Newleno said: here i am bk most probable even if they get some type of socialist assistance, demand aint gonna be there, a lot of people will not cruise, (except cruise critic people) people will not want to go on a floating incubator, getting doctors notes, etc. The fear factor. Cruise lines will need to restructure. By the way i love cruising PS stock has falling about 70 percent. However the socialist assistance might help them though. There assistance is coming in the form of a credit line, not socialists. Also, check some other threads, people hoping for prices to go down when they re-open (June and on) are finding that their cruises are sold out, so they are not getting anything extra. Read that again, cruises in June and beyond are sold out. Also, NCL has a captive audience of a month of full boats that needs to book cruises real soon. The ships wont be empty. Link to comment Share on other sites More sharing options...
Rare Newleno Posted March 24, 2020 #377 Share Posted March 24, 2020 3 minutes ago, oteixeira said: There assistance is coming in the form of a credit line, not socialists. Also, check some other threads, people hoping for prices to go down when they re-open (June and on) are finding that their cruises are sold out, so they are not getting anything extra. Read that again, cruises in June and beyond are sold out. Also, NCL has a captive audience of a month of full boats that needs to book cruises real soon. The ships wont be empty. Sure it is socialists, many people are for it, not me I believe capitalism is imperfect but creates innovation, new ideas, etc. If companies get bailed out by the government there is no incentive to do things better. Private investment should take care of it. the only people that should be bailed out are the ones that cant help themselves, or under some extreme situations (like utilities, food supply). Just my opinion, these corporations gonna get bailed out after spending all their money on stock buy backs - just plain wrong. Link to comment Share on other sites More sharing options...
oteixeira Posted March 24, 2020 #378 Share Posted March 24, 2020 (edited) 3 minutes ago, Newleno said: Sure it is socialists, many people are for it, not me I believe capitalism is imperfect but creates innovation, new ideas, etc. If companies get bailed out by the government there is no incentive to do things better. Private investment should take care of it. the only people that should be bailed out are the ones that cant help themselves, or under some extreme situations (like utilities, food supply). Just my opinion, these corporations gonna get bailed out after spending all their money on stock buy backs - just plain wrong. What part of they have a credit line that will cover their expenses and they have not asked to be bailed out do you not understand? Now if you want to complain about things like NY Transit seems to think they need 2 billion dollars from the government to survive, I understand, go right ahead, but I have seen nothing like that statement coming from NCL, or for that matter, any of the big three cruise lines. Prove me wrong, link where they are asking for a bail out and how much. Edited March 24, 2020 by oteixeira Link to comment Share on other sites More sharing options...
Rare Newleno Posted March 24, 2020 #379 Share Posted March 24, 2020 2 minutes ago, oteixeira said: What part of they have a credit line that will cover their expenses and they have not asked to be bailed out do you not understand? Now if you want to complain about things like NY Transit seems to think they need 2 billion dollars from the government to survive, I understand, go right ahead, but I have seen nothing like that statement coming from NCL, or for that matter, any of the big three cruise lines. Prove me wrong, link where they are asking for a bail out and how much. if they are getting money from free enterprise thats great we agree, no government assistance, that what capitalism is all about, I still think they will go bk, i would have never had said anything but you asked were the people were at who said bk, thats all bro. Link to comment Share on other sites More sharing options...
hamrag Posted March 24, 2020 #380 Share Posted March 24, 2020 54 minutes ago, oteixeira said: So where are our bankrupt in a few weeks posters today? I could have sold out of all three stocks today with a 30% profit in 2 weeks. Find me a better investment right now... But it sounds like you didn't sell, so there is no profit (or loss) at this time! 😉 Link to comment Share on other sites More sharing options...
oteixeira Posted March 24, 2020 #381 Share Posted March 24, 2020 9 minutes ago, hamrag said: But it sounds like you didn't sell, so there is no profit (or loss) at this time! 😉 You are correct, I feel it would be foolish to sell right now, as there should be a lot more runway on this. The stock will go up again when people realize they don't take the bail out. It will go up again when they start cruising again. At that point, there is no reason to not ride if for a couple of years as it gets back to where it was in January of this year, or basically 6x of what I paid for it 2 weeks ago. I think it's a sound bet. I know others here don't, but it's a bet I take all day and twice on Sunday. 2 Link to comment Share on other sites More sharing options...
hamrag Posted March 24, 2020 #382 Share Posted March 24, 2020 1 minute ago, oteixeira said: I think it's a sound bet. I know others here don't, but it's a bet I take all day and twice on Sunday. I know loots of gamblers, now broke, but each to their own. Link to comment Share on other sites More sharing options...
oteixeira Posted March 24, 2020 #383 Share Posted March 24, 2020 Just now, hamrag said: I know loots of gamblers, now broke, but each to their own. Every single person with a stake in the stock market is a gambler, there is no such thing as a sure thing. (And that includes your 401K plan if you have one) 1 Link to comment Share on other sites More sharing options...
mugtech Posted March 25, 2020 #384 Share Posted March 25, 2020 7 hours ago, oteixeira said: Every single person with a stake in the stock market is a gambler, there is no such thing as a sure thing. (And that includes your 401K plan if you have one) Except there is a big difference between having a diversified portfolio and betting on individual stocks. 1 Link to comment Share on other sites More sharing options...
hamrag Posted March 25, 2020 #385 Share Posted March 25, 2020 4 hours ago, mugtech said: Except there is a big difference between having a diversified portfolio and betting on individual stocks. Absolutely....you are clearly no mug! Link to comment Share on other sites More sharing options...
Rare ziggyuk Posted March 25, 2020 #386 Share Posted March 25, 2020 (edited) 13 hours ago, oteixeira said: So where are our bankrupt in a few weeks posters today? I could have sold out of all three stocks today with a 30% profit in 2 weeks. Find me a better investment right now... Probably with all those posters who were were saying the virus is no worse than the flu. Edited March 25, 2020 by ziggyuk 1 Link to comment Share on other sites More sharing options...
Rare ziggyuk Posted March 25, 2020 #387 Share Posted March 25, 2020 (edited) duplicate - deleted Edited March 25, 2020 by ziggyuk Link to comment Share on other sites More sharing options...
fstuff1 Posted March 25, 2020 #388 Share Posted March 25, 2020 congress reaches a deal with the $2T stimulus package. but i cant find any deatails. im assuming there's a bailout for the cruise lines that arent registered in the US since ncl is up 20% premarket. Link to comment Share on other sites More sharing options...
JohnIreland Posted March 25, 2020 #389 Share Posted March 25, 2020 14 minutes ago, fstuff1 said: congress reaches a deal with the $2T stimulus package. but i cant find any deatails. im assuming there's a bailout for the cruise lines that arent registered in the US since ncl is up 20% premarket. Can't find any details , but RCCL up 18% as well. So must be something going on somewhere. Link to comment Share on other sites More sharing options...
Named-Tawny Posted March 25, 2020 #390 Share Posted March 25, 2020 14 hours ago, oteixeira said: Every single person with a stake in the stock market is a gambler, there is no such thing as a sure thing. (And that includes your 401K plan if you have one) Except, too often, they're gamblers who expect the gov't to cover their gambling loses. Link to comment Share on other sites More sharing options...
Daytonasailor Posted March 25, 2020 #391 Share Posted March 25, 2020 On 3/23/2020 at 4:35 PM, Daytonasailor said: Agree. Closed at 9.58 today. Bought 3days ago at 7.9. Being slightly optimistic. Being very optimistic today, ncl up 120%.@ $17.61 Link to comment Share on other sites More sharing options...
fstuff1 Posted March 25, 2020 #392 Share Posted March 25, 2020 Based on the way the bill is written now, it appears travel providers are going to have to compete for loans from a $500 billion fund. Trump has repeatedly mentioned airlines as a group that needs to be bailed out. He has also mentioned the cruise and hotel industries. They would have to jostle for a share ofthe pot, which would likely be structured so that it would eventually have to be paid back once the economy improves. Link to comment Share on other sites More sharing options...
oteixeira Posted March 25, 2020 #393 Share Posted March 25, 2020 5 minutes ago, fstuff1 said: Based on the way the bill is written now, it appears travel providers are going to have to compete for loans from a $500 billion fund. Trump has repeatedly mentioned airlines as a group that needs to be bailed out. He has also mentioned the cruise and hotel industries. They would have to jostle for a share ofthe pot, which would likely be structured so that it would eventually have to be paid back once the economy improves. All 3 have already secured lines of credit and taken beginning measures to cut staff and put ships where they don't need to travel much (they need to run a few days a month to cycle things like the water systems). They are going to spend far less, and have plenty of money to burn through while they wait this out. The also have full cruises sitting after the cruising starts again (go ahead, look at June, there are not a ton of rooms available), and a captive audience of a months worth of cruisers with FCC that need to find a room on a ship in the next year. Things are not all doom and gloom here. 1 Link to comment Share on other sites More sharing options...
baflagg Posted March 26, 2020 #394 Share Posted March 26, 2020 1 hour ago, Daytonasailor said: Being very optimistic today, ncl up 120%.@ $17.61 I was looking the other day and thought I should buy when it was at $9 something, wished I had done it at the time. Link to comment Share on other sites More sharing options...
oteixeira Posted March 26, 2020 #395 Share Posted March 26, 2020 1 minute ago, baflagg said: I was looking the other day and thought I should buy when it was at $9 something, wished I had done it at the time. I got in at 9.50, up over 78% since. Link to comment Share on other sites More sharing options...
Daytonasailor Posted March 26, 2020 #396 Share Posted March 26, 2020 I feel it’s not to late to start Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted March 26, 2020 #397 Share Posted March 26, 2020 3 minutes ago, Daytonasailor said: I feel it’s not to late to start Start what? Link to comment Share on other sites More sharing options...
bmwman Posted March 26, 2020 #398 Share Posted March 26, 2020 Made a few bob on these shares but out again. The ships are not full at all but will be with FCC holders after the virus. They may well make it but will be injured and I stand by my comments that Leonardo class will be delayed Link to comment Share on other sites More sharing options...
Daytonasailor Posted March 26, 2020 #399 Share Posted March 26, 2020 9 hours ago, ColeThornton said: Start what? Buying NCL stock Link to comment Share on other sites More sharing options...
fstuff1 Posted March 26, 2020 #400 Share Posted March 26, 2020 (edited) here's the revised bill the Senate passed last nite: https://www.politico.com/news/2020/03/25/whats-in-stimulus-package-coronavirus-149282 "the oil industry is getting nothing — and neither are the Postal Service and cruise companies." :o so why is ncl stock climbing 15% today?! Edited March 26, 2020 by fstuff1 Link to comment Share on other sites More sharing options...
Recommended Posts