/biz/ - Business & Finance

>>17913030
You are investing in a cruise? Are you fucking stupid? This virus outbreak will literally kill cruises as an industry. You should have invested in Disney.

imagine investing in a cruise line at like the opening scene of a zombie apocalypse movie

>>17913121
I know you are poor.
OP is not a fag for buying cheap stocks.

>>17913030
Based, looks comfy. I dumped my silver shares when it dipped to $12 so I've got a couple grand to spend.

>>17913030
cruise in my virgin ass daddy

>>17913121
It's currently -87.4% from the 52 week high. They're guaranteed to get a bailout and worrying about the price at this point is nickel and diming. Cruises will always exist and it will eventually return to normal. I don't expect to sell for a few years. The only risk is bankruptcy, but again they'll be receiving a bailout with all the talk in the news.

>>17913552
Yes, cruises will always exist but not everyone company is going to get bailed out. A 87.4% drop isn't a sign to buy into it, it's a sign that the stock is about to become a penny stock.

>>17914165
How about airlines? Considering buying in Lufthansa.

>>17914285
Any industry that relies on people booking is at risk. I wouldn't really feel comfortable buying stock in something so uncertain, at that point you're just gambling more than usual.

Think about it, most countries are heading towards national quarantine and reducing any outings to the minimum. Without people traveling then the cruise, airline and in general the tourism industry is getting squeezed because of no revenue.

>>17914285
will the german government bail out Lufthansa?

>>17914414
I figured out I'm going to wait until it drops. But what's always going to exist is travel. Airtravel is the cheapest, fastest and safest. People will need to travel after the crisis with the virus, which will eventually pass.
>>17914449
Germans have the tendency to bail everything.

>>17913030
Feels like stealing at these prices

>>17914503
Also I feel that buying stock into supermarket chains now that every american gets 1k-2k (whatever amount) is a smart move. Their stocks will only grow since in a couple of weeks, every bar, restaurant etc. will be closed (just like in Europe).

>>17913552
airlines will get a bailout because they're a necessary industry. nobody gives a fuck about cruises. wait until this shit reaches bottom before investing. who the fuck knows how much worse it's going to get before it gets better.

>>17913030
>he thinks it's the bottom

>>17913552
they are gaurenteed to do 0 business for the next 18 months-2 years... that bailout might get it one green candle

>>17914807
They'll be back in business in the winter by the latest.

imagine thinking this can't go to 20 cents

>>17913552
>cruises
>bailout
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

What's the best, basic, secure approach for a european to buy stocks?

i don't mean what stocks i should invest, i really mean how

t. retard

>>17915028
Have you not been watching the news?

>>17913552
Bro, nobody gives a shit about cruises. Airlines would be smart to invest in, but cruises are dead for the next decade+

>>17915436
>cruises are dead for the next decade+
I'd take you more seriously if you were realistic.

>>17913030
>>17913552
this has to be bait

>>17915436
>>17915436
>cruises are dead for the next decade
hold rcl stock for decade?

>>17916297
He might not be wrong as crazy as it might seem.
Considering the future economy, we're going to be in deep shit with layoffs all over the place and real estate prices falling like a rock.
Boomers love cruises and that demographic is now swimming in debt. Debt many of them have taken against their houses.
First of all they're going to be fucked due to real estate price drops and their debt saturation, then there's the fact that pensions absolutely need a booming market or they will get cut. That system is otherwise unsustainable.
On top of this we might see a rate hike which will royally fuck over anyone who has refinanced their home.
All things considered things don't look good for the travel industry, especially if we're talking about expensive travels like luxury cruises.
Not saying the cruise industry is necessarily dead, but for the coming years or even decade that field can easily end up being down in the dumps.

>>17913552
>the whole world saw cruise lines and governments hold cruise vacationers on hostage while a virus spread and ate them alive
>thinking a bailout is going to save that

Anon, I'm very sorry...

>>17913552
>>17913030
Don't listen to the retards. Once the virus is gone, its summer time and that means cruises. Cruises are a niche product. They won't stop existing, no industry is replacing it like brick and mortar stores are being replaced.
The only way cruises as an industry go bankrupt and stop existing is if teleportation is possible.

>>17913030
>>17913030
everyone in here mocking this guy for buying cruiselines and acting like its a FACT the stock is going to zero makes me wonder why they dont post their shorts. if you really believed what you said you'd be balls deep shorting this shit

market sentiment from midwits like you guys is what finds the bottom. good on OP for going against the grain

>>17917034
In a year I'll post my gains for the naysayers.

>>17913030
Nigga, don't you remember the Great Depression back in the day? everyone was poor as shit, because it all went south, people stopped buying luxury items like cinnamon and radios.
You fucked up.

>>17913030
f

>>17913552
I would've preferred to see which companies actually survive this before entering. Not everyone is going to get bailed, and airlines and cruises will take a YUGE hit. But when this shitshow is over, and if the society still stands, you can expect surviving companies to make money head over heels.

>>17917308
Try some airline stocks too. Spirit, Alaska and Southwest are SUUUUUUUPER cheap too

>>17917729
Spirit looks promising, but I'm thinking airline stocks have a bit more to give before I get in.

>>17917300
Shorting is dumb. Finite potential profits, infinite potential losses. Even if you do make money shorting, if it drops too much & the company goes bankrupt you lose everything anyway.

>>17917729
ausfag here, i bought $WEB (online airline booking service)

Once this blows over airlines will be spewing out deals for cheap flights thanks to low oil prices

>>17917975
??????????

>>17913552
>It's currently -87.4% from the 52 week high
gonna be 99.9999% down from 52W high soon

>>17913552
Literally an industry for boomers, who are about to be an extinct species.

>>17918090
If you short a stock that is worth $100, the most you can make is 99.99% because if it dumps 100% the company goes bankrupt. If you short a stock worth $100, the most you can lose is infinite because it can pump 100000x, and you'd have to pay it all back to your broker.

>>17918264
if a company goes bankrupt you don't lose everything when you're short, its the best outcome, thats the part i was ???'ing about

>>17918264
You went full retard. Never go full retard

>>17917729
Indigo airlines

Bro wait a few weeks. There will be NO cruises. I literally don't understand how Americans list literal hotels on water on the stock market. You have hotel chains on the market too? It's literally unsustainable with this virus going on. They live pay check to pay check and with barely any buffers. They WILL collapse sooner or later.

>>17918413
>>17918476
If the company goes bankrupt you lose all of the potential profits. Huge waste of time & money

I have never met a millennial who likes cruises. Cruises will die.

>>17913154
LOL. this. holy shit.

No one will be taking cruises for at least 6 months, and only then it'll be really adventurous young people taking advantage of the cheap prices which won't save the industry.

They might not recover for years.

>>17918610
do your research regarding short selling, you make whatever you put in back plus your initial investment if it goes bankrupt.

>>17916297
Remember when people used to take zeppelin cruises across the Atlantic?

>>17918779
The absolute most you can get is a 99.99% roi. If the company is bankrupt, the stock is delisted from exchanges. Best case scenario, you get back your initial investment from your broker. There's a chance to recoup some losses when the company is liquidated, but that'd be more on the brokers side.

Honestly this wasn't even the point I was trying to make. My point was that your risking infinite losses for at the very most doubling your money. That disparity is not worth it imo.

>>17913030
>investing in individual stocks
bruh

Idiot

>>17917950
Spirit is a shit airline. Have you ever been on one of their planes?

>>17918843
You mean before the airplane? An upgrade in technology is not a virus that will eventually be gone.

>>17913552
>bailout
You do know your stocks in them become worthless if that happens

>>17919792
Spirit is probably the worst airline available and yet people still use them because of how cheap the tickets are.

>>17919879
Is this your first recession? Go look at the bank stocks from 2008.