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Originally Posted by synthesis2
So stupid question and probably stupid idea but I have quite a bit of cash and everything is paid off in my life so no real stress of having to wait a while for a return but does it make sense to put 10-20k in cruise stocks ? Like royal Caribbean was trading at $150 plus and now at $30. Unless they go out of business which could happen but they are one of the top two in the industry . Just putting money in it knowing it will rebound in a couple of years . Even if it went to $90 it would still triple . Stupid idea?
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There are so many other things you could buy, this would be a pretty big risk. Cruise ships for some reason are holding the hot potato on this one, and may never recover.
I think one older people age out who is going on these cruises? All you ever hear about them in the news is some disease or sickness or diarrhea from satan ravaging these ships.
The only thing I think will save them is to discount their trips once they resume business. Discount the trips like well below half price. And then no profits. Just my opinion, i know nothing.