Who else is shorting CCL, RCL, etc...today?

reportedly cut out of any stimulus/bailout from the US this seems too easy. I bought some CCL and RCL puts at open plan to exit before close.

 

where's the link to the news?

 

https://www.fool.com/investing/2020/03/27/no-stimulus-for-cruise-line-stocks-means-theyre-ba.aspx

 

CCL - the up momentum seems rather strong.
such pattern is rather rare.
Who knows, it might come down again but then I'd be wary of the up momentum.

 

I bought some CCL around $11 to hold for long term +5-10 years. People will take cruises again. CCL will make the place more safe and healthier. Once there is a vaccine for the Corna, its back to business as usual. Long and Strong.

 

how do you know if their balance sheet is strong enough to last till that time? they could be running out of cash before that.

 

I have 100 RCL at 30 and change. Just to hold forever lol.

 

Then we may lose our money. I like the long term hold odds.

 

Im up about $800 each on the day i dont blame anyone for not listening to me but damn it just seems like free money. Had to follow my gut as i feel this market is very susceptible to emotional reaction.

 

Long and strong ElCubano,

A month ago they was trading at $100 per share. People will take cruises again. Good buy