This was my question. What are their finances like? I am guessing their boats

Apr 4, 2020
9:59:56am

cougarfann888 Truly Addicted User

Are highly leveraged. And they have zero revenue coming in. And I am guessing cruise industry will be one of the last to recover. It’s a luxury item that carries the most risk being infected.

Report problem with this ad

cougarfann888

Bio page: cougarfann888
Joined: Oct 10, 2010
Last login: Apr 27, 2024
Total posts: 27,501 (83 FO)

Report problem with this ad

Messages

Author

Time

Might be a good time to buy Carnival Cruise stock if you can buy and hold

kansascougar

4/4/20 9:56am

Yep, been dropping a little here and there on it.

ordinary tri guy

4/4/20 9:56am

Or they'll declare bk

johnnycarson

4/4/20 9:57am

This was my question. What are their finances like? I am guessing their boats

cougarfann888

4/4/20 9:59am

Maybe, but maybe not. Bankruptcy will cancel your shares.

grosven

4/4/20 9:59am

Yeah I'd say the odds of bankruptcy are pretty high.

Harbinger

4/4/20 10:07am

Maybe not full but just protection to get through this period.

ordinary tri guy

4/4/20 10:13am

Airlines will give you almost the same return and are much safer. IMO

allaboutthegainz

4/4/20 10:07am

Govt won’t let airlines go out of business. Too essential.

Triznaynay

4/4/20 10:12am

Totally agree.

kansascougar

4/4/20 10:13am

Not all airlines may survive, but some will. Cruise lines, on the other hand...

ReyOso

4/4/20 10:53am

If I remember correctly. Airlines are able to get bailout help. Not cruiselines

flyzag

4/4/20 10:55am

Berkshire Hathaway just dumped a bunch of airline stock

Jeff Spicoli

4/4/20 1:24pm

At huge losses, very rare.

Posting on CougarBoard