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Agree... it’s about to drop a lot more
Shorted today. My basic assumption, if you close a business for 2-3 months and still have a lot of overhead (ships, etc), you are going to lose PPS significantly as we have already seen and I believe will continue. Due to the fact that they are a non-US entity, they do not qualify for stimulus of any kind. Anyone see a positive with Royal?
thinking....perhaps.....RCL will have to do a major corporate lay-off.....the week just started....look midweek for an announcement ....
MIAMI, April 11, 2020 /PRNewswire/ -- Arne Wilhelmsen, a founder of Royal Caribbean Cruises Ltd. (NYSE: RCL) and a visionary strategist of the modern cruise industry, died Saturday, April 11, 2020, in Palma, Spain. He was 90. The entire Royal Caribbean family extends its heartfelt condolences to the Wilhelmsen family.
It does not look good for the cruise companies this week.
just chatted with Carnival cruise ship customer service....
Cruise Expert
How can I help plan your Carnival cruise today?
April 9, 2020 Update
On April 9, 2020, CDC renewed the No Sail Order and Other Measures Related to Operations Order signed by the CDC Director on March 14, 2020—subject to the modifications and additional stipulated conditions as set forth in this Order. This Order shall continue in operation until the earliest of (1) the expiration of the Secretary of Health and Human Services’ declaration that COVID-19 constitutes a public health emergency; (2) the CDC Director rescinds or modifies the order based on specific public health or other considerations; or (3) 100 days from the date of publication in the Federal Register. See the attached order (print-only) pdf icon[PDF – 9 pages] for the full requirements.
Please update your info
Stacy joined the chat
Stacy
Hello and welcome!
Just a moment please and I will be right with you.
Thank you for your patience! We are aware of the mass cancellations occurring and if your sailing is affected you will be receiving an email from us with the details about our options. You should receive this email probably within 72 hours
Not good. Stock will still rebound bit still, not good.
https://www.google.com/amp/s/www.businessinsider.com/carnival-royal-caribbean-banned-from-sailing-up-to-3-months-2020-4%3famp
My sentiments as well. This is why one should not bank long-term on these companies...yet. Beats me why people are holding cruise stocks instead of trading right now. One would have to assume cruise stocks drop Monday offering more buying opportunity for us shorties. But who knows...the market is doing its own thing right now. Eventually, I think these stocks will return, but not for a while. There are so many other beaten down stocks that are more likely to return much quicker.
Yes but if you bought it last week and didn't sell then you're in a lost because once it opened Monday the price probably tanked $10...off the bat...
It’s all about making money and that is exactly what happened last week for me. I trade stocks I don’t care about the companies.....more or less.
Yes but until then more drop to $10, I don't know greedy people buying already... US government just banned all the cruise lines until then of July...
Cruise stock will drop farther, why people even buy it ,is jur suicidal....
Yawn....keep trying!
U.S. CDC extends "no sail order" for all cruise ships
The CDC new order https://bit.ly/3a1Ar9I says that cruise ships have to cease operations for up to 100 days, or the expiration of the Secretary of Health and Human Services' declaration that COVID-19 constitutes a public health emergency, or if the CDC Director rescinds or modifies the order.
You are absolutely correct sir. I am already up 35%-40%, my best guess is $80 SP within 8 months. I could see $100 in 12 months, but I would be plenty happy with $65 in 12 months.
https://money.cnn.com/quote/forecast/forecast.html?symb=rcl
RCL$$$
One of the absolute best stocks during this pandemic. It dropped unbelievably low and will make a lot of people rich.
Still lots of money to be made here tho. Within a year RCL will be back to $100+ IMO
It's going to be some time before these cruise ships start cruising.
End of August maybe.......
Keep trying! Meanwhile......RCL up almost 12% today! LOL.
WILL CRUISES BE BACK IN MAY:
Well worth looking at;
* * $RCL Video Chart 04-07-2020 * *
Link to Video - click here to watch the technical chart video
YEP !! I’ll get in at 10
Don’t know anyone who would get on one of these floating Petri dishes
DO YOUR OWN DD
what happened to your 20$
This week.
That's BULLSHIT, not going to happen
These cruise ships with people from around the world breathing the same air through the air system are nothing more then petri dishes spreading disease.....These cruise companies need to improve their way of business before they have trust from cruisers imo. That's all have to say on these cruise companies. Just try to stay healthy and be aware it may be a couple of years before you see what happens. Until then goodbye.
This is well worth repeating>
CDC ISSUES NEW TRAVEL RESTRICTIONS FOR CRUISE LINE PASSENGERS IN USA Under new rules issued by the CDC, all cruise lines must now offer private non public transportation to all US passengers to their homes after a cruise ends. No American cruise line guest will be allowed to travel by air or ground with an airline, railway or bus line unless the cruise line arranges private charter services for it's passengers. Rules for foreign travellers are not yet clear. This new travel policy will effectively stop all cruise lines from operating in the USA.
Caveat Emptor
CDC ISSUES NEW TRAVEL RESTRICTIONS FOR CRUISE LINE PASSENGERS IN USA Under new rules issued by the CDC, all cruise lines must now offer private non public transportation to all US passengers to their homes after a cruise ends. No American cruise line guest will be allowed to travel by air or ground with an airline, railway or bus line unless the cruise line arranges private charter services for it's passengers. Rules for foreign travellers are not yet clear. This new travel policy will effectively stop all cruise lines from operating in the USA.
Not even that long
9 days max
before sept.2020
Feels like a trap? Little spike to make it look like it hit ground floor. But we know better!
It dies on its own, just let it sit for a month
Maybe Next year? Right now I’m seeing under $20 IMO
New York Gov. Andrew Cuomo just stated that the US Military does not want Covid-19 patients on the Hospital Ships Comfort and Mercy because it would be too difficult to sanitize the ships afterward. What does it say for these cruise lines.
I would take an entry at around 15.00
This will probably hit 10 bucks soon! IMO
This is crazy !!
It's nice to see the Top Execs are taking a pay cut along with the BOD....They must be pretty bad off.
Read the most current article on Robinhood. Moody's downgraded credit ratings. Probably why it's sinking fast today.
Does anyone know if these ships are flying a Yellow Flag signifying that there is Plague on board these ships and are under Quarantine.
Sooo wouldn’t lower oil prices be a big gain for cruise fuel costs?
This is getting worse:
14 CREW TEST POSITIVE ON OASIS OF THE SEAS ALL 1650 ARE ON LOCK DOWN IN CREW QUARTERS Royal Caribbean has disclosed that 14 crew members on board the Oasis of the Seas have become ill. There are 1650 other crew members on the ship and they have all been confined
Of course! OP usually types in all caps hahaha
Ok. 1/4 of the stimulus $ has no home and will be distributed as the Gov sees fit.
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