Quote:
Originally Posted by Rain Man
I've held cruise stocks the whole time. I was in them pretty heavy when it hit, so I lost a ton of money and then held them in the hopes that they wouldn't go bankrupt and would eventually recover. I'm more or less back to breakeven now, so I'm proud of my iron will.
I'm not sure how much more they'll go up, though, because I figure they're still going to be less profitable companies for a while after recovery. But maybe if they reinstate their dividends at some point we'll see a boost.
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You’re probably right. Those are a few I wish I had gotten in on at the bottom when COVID hit (pretty much true for everything, I suppose), but it was just so uncertain at that point.
Similarly, how do you feel about airlines? I’d imagine they will become profitable a bit sooner than cruises so maybe a bit more juice in that squeeze.