This is just a guess, I have recently been asked by a lot of friends if they think this is a good long term buy because its so cheap.. COME ON PEOPLE!! REALLY???? Hospitality is screwed!! I wouldn't be surprised to see most large cruise companies at the verge of Bankruptcy and one left standing to consolidate the industry to one massive cruise company. Im shorting this sucker betting on Zero!
Okay, short all you want and I will be buying up all your stocks.
So thanks for the short sighted view, please keep pushing it to the masses. Eventually this will end and then what do you think will happen?
JaxelCap
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@gabalanos, Seriously? You think virus goes away life returns to normal? Peoples financials are ruined, I guess people celebrate that by going on a cruise, if that is what you are saying.. I feel bad for you....
gabalanos
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@JaxelCap, Rather than make this a contest of social classes try considering the facts that this company will eventually rebound. Unless you know how low the stock it will go then great but long term (6-9 months) this stock like the others in its industry will come right back or at least fifty percent to its price prior to the pandemic announcement. Then consider what will happen once the WHO organization states the pandemic is over. So feel bad for me all you like but keep shorting this stock for all of us interested in making a profit when the stock recovers. All the best.
JaxelCap
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@gabalanos, First off this is not a long term play second, You should go study macro economics, things will not bounce back in 6-9 months. this will be a long road to recovery(if done correctly). Let me guess you blindly listen to what Trump says rather than understanding whats really happening....
Liam-SeekerOfValue
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If only one is left standing, it will be Royal
JaxelCap
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@LiamStabeno, Lol maybe but it wont be at the current price... we will dip hard shortly just watch!
Liam-SeekerOfValue
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@JaxelCap, I agree it's about to drop and find a new low, my point is if there is only one left it's going to be Royal. They will survive, and there is a great opportunity here.
JaxelCap
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@LiamStabeno, Interesting... I have not compared them and their competition, why are they the alpha of the group?
divec
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One of the big problems with cruise companies is that they do everything they can to avoid paying taxes by having their ships based out of other countries in the Caribbean. Guess who probably won't be getting a bailout from the US government...
So thanks for the short sighted view, please keep pushing it to the masses. Eventually this will end and then what do you think will happen?