If you jumped in shortly thereafter and played the stocks right, you made enough to buy your own Du Mans Group Champion Mazda 787B Shirt Sure, maybe it was a 17′ Bayliner that all the women at the marina called “adorable” and were clearly conflating towards what they assumed was your pathetic 2.5″ penis size at diamond hardness, but it floated, it had an engine, and dammit, it was yours and you had enough left over for a captain’s hat and a bunch of beer money. This one was hard to screw up – especially since it was the first one I started providing updates on and made sure everybody knew to take profits at 32 on NCLH and buy back at 29 (and to continue playing that range), etc. People in these from the date of posting who didn’t just buy and hold likely have turned at least a 6 bagger by now. This trade was, and to some extent is, still solid gold.
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In spite of none of the companies in question needing to issue shares as they had enough cash on hand, $RCL issued shortly after that Du Mans Group Champion Mazda 787B Shirt, $CCL immediately copied them, and $NCLH followed suit a couple of weeks after $CCL. At least none of them tried to pull an $AMC and have the CEO go on TV and give zero credit to retail investors for saving the company and instead taking all the credit before diluting and then paying himself a fat ass bonus for doing nothing but issuing shares like some sort of conquering hero. The amount of the dilution in question meant that the resistance price of (to use as example, $NCLH) of $32 a share already represented a higher price than the pre-virus share price. Ditto for the other 2. Investors haven’t seem to have noticed, however, and these stocks still trade in the general range, though the resistance level is now more like 31/25/85. Also, the sailing schedules for the domestic cruise ships has been pushed back as a result of somebody high up at the CDC obviously shorting these stocks, as that’s the only explanation for why they’re so focused on trying to send these companies to 0 by preventing sailings. Norwegian is resuming cruises outside the US in the next couple of months.
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