NCLH Stock Price

[oteixeira]

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.

[Newleno]

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.

[oteixeira]

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

[Newleno]

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.

[hamrag]

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! 😉

[oteixeira]

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.

[hamrag]

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.

[oteixeira]

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)

 

 

[mugtech]

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.

[hamrag]

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!

[ziggyuk]

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

[ziggyuk]

duplicate - deleted

Edited March 25, 2020 by ziggyuk

[fstuff1]

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.

[JohnIreland]

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.

[Named-Tawny]

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.

[Daytonasailor]

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

[fstuff1]

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.

[oteixeira]

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.

[baflagg]

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. 

[oteixeira]

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.

[Daytonasailor]

I feel it’s not to late to start 

[ColeThornton]

3 minutes ago, Daytonasailor said:

I feel it’s not to late to start 

 

 

Start what?

[bmwman]

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 

[Daytonasailor]

9 hours ago, ColeThornton said:

 

 

Start what?

Buying NCL stock

[fstuff1]

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