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Old 06-27-2016, 11:23 AM  
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Old 03-12-2020, 03:04 PM   #4036
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Old 03-12-2020, 06:56 PM   #4037
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 03-12-2020, 07:02 PM   #4038
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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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Old 03-12-2020, 08:08 PM   #4039
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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?
Stay liquid and ride the stocks to the bottom. Should be able to triple your money without it tied to a sinking ship...ships, waiting for a rebound.
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Old 03-12-2020, 08:12 PM   #4040
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Stock tip for tomorrow.

Short Disney- they are closing both American theme parks.
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Old 03-12-2020, 08:14 PM   #4041
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Stock tip for tomorrow.

Short Disney- they are closing both American theme parks.
So buy?
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Old 03-12-2020, 08:28 PM   #4042
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So buy?
Yes, after you sell it short and ride it down.

I wish I had an option account- someone is going to make a mint tomorrow off their bad news.

They are closing Disney Cruise line, Disney Land and Disney World.

That is a lot of income down the drain with peak season coming.
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Old 03-12-2020, 09:15 PM   #4043
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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?
I've got some RCL. I read two articles about it today (sorry, no links). One said that bankruptcy is inevitable and the other said that it's a fantastic time to buy as a long-term hold due to demographic trends.
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Old 03-12-2020, 09:20 PM   #4044
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Stay liquid and ride the stocks to the bottom. Should be able to triple your money without it tied to a sinking ship...ships, waiting for a rebound.
This is the route I would take, but I think putting in 10 percent weekly makes more sense than dumping it all in at once. How do you know when the bottom is?
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Old 03-12-2020, 11:35 PM   #4045
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Old 03-13-2020, 01:32 PM   #4046
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Old 03-13-2020, 01:34 PM   #4047
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Old 03-13-2020, 01:54 PM   #4048
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Old 03-13-2020, 04:12 PM   #4049
Hog's Gone Fishin Hog's Gone Fishin is offline
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Yep, bought BA today , 52 week high was 398 .bought at 167.
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Old 03-13-2020, 04:44 PM   #4050
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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?
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.
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