traider, I do not know. I do not get fancy with this stuff. If they make money, I make money, If they lose money, I lose my money. It is just that simple. Their stock can go to $3 tomorrow. Oh well, it is what it is man. They stock on sell for a bad reason just like all other businesses. I am just buying cheap stocks. I am betting they will continue making money in the future. Now i need to go find some more beaten down stocks on sale.
Exactly KCalhoun, CCL can go BK as well. Then I lose all my money I invested in CCL. I am fine with this outcome as well.
RCL et al will go to markets if necessary to raise funds. Right now, what we have here is a bunch of Chads ($BA, et al) stealing from the nerd (politicians) who is petrified of losing what little status he has. But elsewhere, the free market will reign. They may get onerous terms, but they will survive.
Took a short position on LVS. I figure the Las Vegas casinos will be shutdown for a couple of months atleast. Add to that the fear of the Corona Virus and fear of flying airplanes with viruses and germs circulating in the cabin, among other things. Might be karma on the Las Vegas casinos price gouging their customers with resort fees, parking, 6/5 blackjack among other things they have engaged in, in utter greed. Long on Corona Virus stocks, MRNA, INO and VXRT. They are all racing to find a good vaccine.
Although I am not shorting casino stocks I completely agree re bullshxt resort fees and 6/5 blackjack is fkd up