Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

chico2663 · 03-12-20, 06:19 PM

Originally posted by JIBBBY

Those Carnival ships aren't going anywhere, the stock was 50 a share just weeks ago.. Assets are still there..

No way Carnival Cruises is finished.. I don't believe that for a second..https://www.fool.com/quote/nyse/carnival/ccl/

Romney is going to buy it.

guitarjosh · 03-12-20, 06:23 PM

Originally posted by JIBBBY

Those Carnival ships aren't going anywhere, the stock was 50 a share just weeks ago.. Assets are still there..

No way Carnival Cruises is finished.. I don't believe that for a second..https://www.fool.com/quote/nyse/carnival/ccl/

That doesn't mean those ships and other assets will be enough to pay off the creditors. If you want to invest in Carnival, you might look at how their bonds are trading.

chico2663 · 03-12-20, 06:29 PM

Originally posted by guitarjosh

That doesn't mean those ships and other assets will be enough to pay off the creditors. If you want to invest in Carnival, you might look at how their bonds are trading.

I invested in cbl stock and preferred and should of done what you suggest.

JIBBBY · 03-12-20, 07:10 PM

Originally posted by guitarjosh

That doesn't mean those ships and other assets will be enough to pay off the creditors. If you want to invest in Carnival, you might look at how their bonds are trading.

Just keep any eye on it.. It's a big time stock and company and when they drop more then 50% because of Corona it catches my eye. That's all I'm saying. 50 - 15 is what happened in a few weeks.. Wait till it gets to $5 a share then.. Carnival Cruises aren't going away.. American Airlines aren't going away..

I don't see it happening even if they had loan debt and what not. It's big business. What ever I'm still waiting.. Just keeping an eye on stuff as Corona spreads and people panic and the DOW continues to plunge..

MinnesotaFats · 03-12-20, 07:25 PM

Originally posted by JIBBBY

Those Carnival ships aren't going anywhere, the stock was 50 a share just weeks ago.. Assets are still there..

No way Carnival Cruises is finished.. I don't believe that for a second..https://www.fool.com/quote/nyse/carnival/ccl/

Moody's downgraded their bonds today as well

They have assets great, who's going to buy a cruise ship? Obviously the competing or lone surviving cruise company....at a major discount.

But, to each their own...this is a company that's primed for a ch 11 and preplanned takeover.

DoctorStrong · 03-12-20, 07:28 PM

investor Dave suggests big action tomorrow

guitarjosh · 03-12-20, 07:29 PM

Originally posted by JIBBBY

Just keep any eye on it.. It's a big time stock and company and when they drop more then 50% because of Corona it catches my eye. That's all I'm saying. 50 - 15 is what happened in a few weeks.. Wait till it gets to $5 a share then.. Carnival Cruises aren't going away.. American Airlines aren't going away..

I don't see it happening even if they had loan debt and what not. It's big business. What ever I'm still waiting.. Just keeping an eye on stuff as Corona spreads and people panic and the DOW continues to plunge..

You can do what you want, just please keep in mind that you can easily end up betting on whether or not Carnival gets a bailout.

dustyy · 03-12-20, 07:29 PM

Originally posted by JIBBBY

Just keep any eye on it.. It's a big time stock and company and when they drop more then 50% because of Corona it catches my eye. That's all I'm saying. 50 - 15 is what happened in a few weeks.. Wait till it gets to $5 a share then.. Carnival Cruises aren't going away.. American Airlines aren't going away..
I don't see it happening even if they had loan debt and what not. It's big business. What ever I'm still waiting.. Just keeping an eye on stuff as Corona spreads and people panic and the DOW continues to plunge..

I'd be really careful with this. Liquidation of assets is not a repayment source, revenues and cash flow are. I don't know how well capitalized they are but I can guarantee you that they will burn through their cash in the upcoming months. Their bankers are pretty nervous right about now

Once you start talking about debt restructuring, the only winners are the attorneys and the shareholders are screwed. There are other bargains out there but like I said the other night, I don't think we haven't bottomed out. I'm not buying just yet, the ride will be bumpy but we will be fine in the long run.

JIBBBY · 03-12-20, 07:35 PM

Originally posted by MinnesotaFats

Moody's downgraded their bonds today as well

They have assets great, who's going to buy a cruise ship? Obviously the competing or lone surviving cruise company....at a major discount.

But, to each their own...this is a company that's primed for a ch 11 and preplanned takeover.

Maybe banks and investors don't want to lose big so they work with them.. The ships will sail again when Corona goes away.. Bottom line..

I can't see the stock getting wiped out.. Maybe I'm wrong though.. I just try to use my common sense in times like these.

JIBBBY · 03-12-20, 07:37 PM

Originally posted by dustyy

I'd be really careful with this. Liquidation of assets is not a repayment source, revenues and cash flow are. I don't know how well capitalized they are but I can guarantee you that they will burn through their cash in the upcoming months. Their bankers are pretty nervous right about now

Once you start talking about debt restructuring, the only winners are the attorneys and the shareholders are screwed. There are other bargains out there but like I said the other night, I don't think we haven't bottomed out. I'm not buying just yet, the ride will be bumpy but we will be fine in the long run.

Ok maybe then.. I don't work with the corporate big wigs of Carnival Cruises and I'm not on the inside.. I just see a strong stock a few weeks ago drop from 50-15 because of Corona.. That's all.. I also know this Corona virus will go away and operations will go back to normal in time.

Common sense tells you this.. They pump out advertising as well..

vitterd · 03-12-20, 07:39 PM

Originally posted by JIBBBY

Maybe banks and investors don't want to lose big so they work with them.. The ships will sail again when Corona goes away.. Bottom line..

I can't see the stock getting wiped out.. Maybe I'm wrong though.. I just try to use my common sense in times like these.

Does your common sense ever tell you trump is a disaster and has no clue what he’s doing. That’s why markets are panicked. Stop sucking the orange dick Jibby.....jump off the con train and vote Biden.

dustyy · 03-12-20, 08:01 PM

Originally posted by JIBBBY

Maybe banks and investors don't want to lose big so they work with them.. The ships will sail again when Corona goes away.. Bottom line..

I can't see the stock getting wiped out.. Maybe I'm wrong though.. I just try to use my common sense in times like these.

Typically, that is a good strategy and it may be in this case as well. Use your best judgement and good luck

Listen, I passed on BkofAma when it was $3 a share about 10 years ago. I pussied out because there was talk of nationalizing banks and brick and mortar would be worthless. Still kicking myself

JIBBBY · 03-12-20, 08:12 PM

Originally posted by dustyy

Typically, that is a good strategy and it may be in this case as well. Use your best judgement and good luck

Listen, I passed on BkofAma when it was $3 a share about 10 years ago. I pussied out because there was talk of nationalizing banks and brick and mortar would be worthless. Still kicking myself

With stocks it's always about getting in at the right time.. That's also always a gamble unless you are on the inside and know something everyone else doesn't..

With Corona it's a little different though and when you see stocks tank like the are now it's like not if but when should we invest soon? You just have to think most will rebound when Corona is gone and order is restored..

keely85 · 03-12-20, 08:41 PM

Thinking about investing in Trump Org.

guitarjosh · 03-12-20, 08:56 PM

Originally posted by guitarjosh

World exchanges month to date returns:

Australia: -17.52
India: -14.41
Brazil: -30.32
France: -23.84
Nasdaq: -15.94
German Dax: -22.96
Hong Kong: -6.97
Spain: -27.21
Dow Jones: -16.56
S. Korea: -7.68
Japan: -8.17
NYSE: -18.74
Russia: -25.64
China: +1.50
Canada: -23.09
S&P 500: -16.03
Dow Jones Italy Index: -32.05

Only China is positive

Now subtract about 10 off the Asian markets.

nofear1227 · 03-12-20, 09:01 PM

The FED dumping 1.5 trillion dollars in and still being down 10 percent is not a good sign. They need to embrace the Recession so we can come out the other end with a real economy. All the QE is doing is setting up another bubble and just prolonging the inevitable. You can't carry a deficit like we have and claim to have a great economy. More spending will not fix this. It's propped up on corporate tax cuts that are already plateauing and wearing off. If we keep trying to spend more to get us out then when the tax cuts expire in 2025 we will be ******.

homie1975 · 03-12-20, 11:51 PM

Originally posted by DoctorStrong

investor Dave suggests big action tomorrow

which way, green or red? LOL

guitarjosh · 03-13-20, 12:02 AM

Originally posted by homie1975

which way, green or red? LOL

Right now very green. Just about an hour ago the Dow futures were down almost -600, now up over 400. I'm guessing there was something in Washington to get futures to recover like this.

guitarjosh · 03-13-20, 12:04 AM

S&P 500 futures are at 2513, less than 2 hours ago they were at 2380.

MinnesotaFats · 03-13-20, 12:17 AM

It may open tomorrow in the green but it'll trade negative by days end.

Canadian PM just tested positive

I'm actually thinking Trump has it... White House should release definitive data on his status

There is 0 good news here

Layoffs coming to middle & lower class earners

Consumer economics drying up

guitarjosh · 03-13-20, 12:26 AM

Originally posted by MinnesotaFats

It may open tomorrow in the green but it'll trade negative by days end.

Canadian PM just tested positive

I'm actually thinking Trump has it... White House should release definitive data on his status

There is 0 good news here

Layoffs coming to middle & lower class earners

Consumer economics drying up

Him or his wife?

Enkhbat · 03-13-20, 12:26 AM

If Trump has coronavirus then does the Stock market drop further? Why won't he get tested? lol

MinnesotaFats · 03-13-20, 12:28 AM

Originally posted by guitarjosh

Him or his wife?

Ah might be wife, but ok let's assume they've had contact lol....

JIBBBY · 03-13-20, 12:38 AM

Originally posted by Enkhbat

If Trump has coronavirus then does the Stock market drop further? Why won't he get tested? lol

Dems and Libs will shoot a load with excitement if Trump has contracted the virus.. CNN fake news ratings will go up 1000% over night probably if that news broke.

Enkhbat · 03-13-20, 01:26 AM

You are right about that JIBBY, but lets focus on the stock market. Where do you think it is headed in the near future?

Goat Milk · 03-13-20, 06:20 AM

This is ridiculous. People are so fukking impulsive, it's annoying as f. If everyone just had patience, we wouldn't be in this mess.

Hman · 03-13-20, 06:46 AM

Originally posted by Goat Milk

This is ridiculous. People are so fukking impulsive, it's annoying as f. If everyone just had patience, we wouldn't be in this mess.

True

cincinnatikid513 · 03-13-20, 07:05 AM

stock market implied open today plus 1000

d2bets · 03-13-20, 07:32 AM

The million dollar question: What is the bottom? Or is there one? Is there some reason the market is not already pricing in a really bad-case scenario?

JIBBBY · 03-13-20, 09:56 AM

Dow Up 600 now. It's early in the game though..

Sanity Check · 03-13-20, 10:32 AM

If you look closely.

You might notice some stocks are deliberately targeted for political reasons.

homie1975 · 03-13-20, 10:54 AM

Originally posted by Sanity Check

If you look closely.

You might notice some stocks are deliberately targeted for political reasons.

name them. the story is no good without names. name them.

homie1975 · 03-13-20, 10:56 AM

Originally posted by Goat Milk

This is ridiculous. People are so fukking impulsive, it's annoying as f. If everyone just had patience, we wouldn't be in this mess.

i am one of those you would call impulsive however i have been systematically buying incrementally on the way down. a possible GENERATIONAL OPPORTUNITY to buy stocks that will not come back for decades.

don't complain. take advantage.

chico2663 · 03-13-20, 11:02 AM

Originally posted by JIBBBY

Just keep any eye on it.. It's a big time stock and company and when they drop more then 50% because of Corona it catches my eye. That's all I'm saying. 50 - 15 is what happened in a few weeks.. Wait till it gets to $5 a share then.. Carnival Cruises aren't going away.. American Airlines aren't going away..

I don't see it happening even if they had loan debt and what not. It's big business. What ever I'm still waiting.. Just keeping an eye on stuff as Corona spreads and people panic and the DOW continues to plunge..

If you had extra cash you should look at fb. Steal at 160 and drop down from 220. It should be up to 300 by end of year. I would wait til tomorrow. Trump is giving a speech and he does well for the market. Not!

homie1975 · 03-13-20, 11:02 AM

Originally posted by JIBBBY

Dems and Libs will shoot a load with excitement if Trump has contracted the virus.. CNN fake news ratings will go up 1000% over night probably if that news broke.

JIBBY and everyone else trying to inject politics - PLEASE TAKE YOUR SHIT SOMEWHERE ELSE.

THIS IS A STOCK THREAD. stick to the subject please