Norwegian Cruise Line Holdings Ltd (NCLH)

[cottonmather]

WOW!!!!!!!! This kind of stupid shit is a large part of nclh financial problem - that dimwit del Rio borrowed billions of dollars for a bunch of boats that no one is buying tickets to ride. He is flat out stupid. My dogs are smarter than he. nclh can't make payroll because of it. So, he is removing ALL shareholder equity - dilution is now over 150%. He is selling bonds at 12% that are convertible. This is the recklessness found only in OTC companies. AND now that idiot is renegotiating past bonds for the same condition. Does this fool have a brain?

Oh, great! A handful of pretty boats that will be repossessed. Hilarious and very very stupid. Even with these shiny toys nclh book value is under $5, the stock will go sub $10 and bankrupt. Ya better get a boat ride soon. Plenty of empty cabins and soon to be owned by someone else.

Yeah, NICE.