Originally Posted by ThaVirus:
Anyone in on cruise stocks for recovery? They're gearing up to sail soon but Royal Caribbean just had a pretty major setback with several crew members testing positive for COVID.
I'm thinking those are stocks you just park some cash in for the long haul. I feel like they'll bounce back in a major way.
I've held cruise stocks the whole time. I was in them pretty heavy when it hit, so I lost a ton of money and then held them in the hopes that they wouldn't go bankrupt and would eventually recover. I'm more or less back to breakeven now, so I'm proud of my iron will.
I'm not sure how much more they'll go up, though, because I figure they're still going to be less profitable companies for a while after recovery. But maybe if they reinstate their dividends at some point we'll see a boost. [Reply]
Originally Posted by lewdog:
This never confirmed breakout. I hope you can see when I set a buy price target that I am only looking to buy if some momentum is noted. Many on my list from the weekend never confirmed either as the market this week has been relatively flat.
I also found a screener for pullback stocks. These are stocks that breakout but then sell off shortly after back to the pivot. These can be low risk entries that have potential to move back up. I will start posting some of these when I find them too.
I understand the fundamental of the strategy lewdog. In hindsight I should’ve waited to purchase stocks until after the Fed guru has his say about the economy and interest rates. Not quite a normal week for stocks. [Reply]
Originally Posted by MTG#10:
VYGVF closed under $16. If this wasn't an OTC stock I'd be very tempted to dump a substantial amount of $ into it but it was under $5 less than 6 months ago. Plus Hog hasn't done a very good job selling it to me.
6 months ago they were just getting started and didn't have the revenue.
Bought 50 more shares yesterday.
4 analysts on my etrade account have price targets of 23/25/32/45 [Reply]
Originally Posted by ThaVirus:
Anyone in on cruise stocks for recovery? They're gearing up to sail soon but Royal Caribbean just had a pretty major setback with several crew members testing positive for COVID.
I'm thinking those are stocks you just park some cash in for the long haul. I feel like they'll bounce back in a major way.
Wonder if they were vaccinated, if not that's pretty messed up.
Originally Posted by TambaBerry:
This is my amateur prediction and reading reddit so don't take this as advice. Seems like it could hit 70+ again and then likely drop again
Reddit seems confusing and disorganized to me maybe I like things more tidy. Like the dates of when someone posts I think it should be in order but they are jumbled up I don't get the logic over there.
I've bought enough AMC that I care to risk my cash on now I want the big payday. [Reply]
Originally Posted by neech:
Reddit seems confusing and disorganized to me maybe I like things more tidy. Like the dates of when someone posts I think it should be in order but they are jumbled up I don't get the logic over there.
I've bought enough AMC that I care to risk my cash on now I want the big payday.
I'm glad I'm not the only one that can't follow threads on reddit. I can only browse it for a little bit before I lose interest in the labyrinth like replies. [Reply]
