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#2,126
#2,126
VolAllen said:
Nice average! I’m in with 80,000 at .17 😬🤦🏼‍♂️

Either way, I think it sees mid .20’s before earnings on 5/14. But be ready to sell lol.
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Yeah... its so temping to think they could turn it around and run back up to >10.00. That would be sweet, but I am thinking they are a hot mess in management or business strategy and a big swing up is not in the cards.
 
#2,127
#2,127
NEVolFan said:
Yeah... its so temping to think they could turn it around and run back up to >10.00. That would be sweet, but I am thinking they are a hot mess in management or business strategy and a big swing up is not in the cards.
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Here’s a little piece of info you may not know and may get you excited...

In 2019 7 of their 10 ships were dry docked for maintenance and scrubber installation. 2020 revenues will absolutely crush 2019’s, so don’t think for a second that $1 is out of the question.
 
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#2,128
#2,128
VolAllen said:
Here’s a little piece of info you may not know and may get you excited...

In 2019 7 of their 10 ships were dry docked for maintenance and scrubber installation. 2020 revenues will absolutely crush 2019’s, so don’t think for a second that $1 is out of the question.
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Been reading about the upgrades. Analysts point to 1.00-1.07 as target next year. I think I am going to sit tight and see where this goes.
 
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#2,132
#2,132
Sudden Impact said:
URI & SEDG both have good floors.
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URI had a pretty positive conference call last week. Their revenues haven't been obliterated and they're managing their working capital quite well. But the stock has nearly doubled off of it's recent lows. I'd like to see a less expensive entry point.
 
#2,134
#2,134
I saw a guy today talk about the cruise industry. Imagine the cost needed to run a cruise line now. Every country outside of the US and their territories are going to require liability insurance for spreading this particular virus. They are going to have tests to get off the ship and then tests to get back on. If they don't have immediate tests there can be quarantine issues and imagine if someone does have it coming back on the ship, he and possibly the whole traveling party will have to be kept away from entire boat population. The final nail in the coffin is going to be what you will have to offer as a promotion just to get people on the boat...yikes



So many unanswered questions
 
#2,135
#2,135
Thunder Good-Oil said:
URI had a pretty positive conference call last week. Their revenues haven't been obliterated and they're managing their working capital quite well. But the stock has nearly doubled off of it's recent lows. I'd like to see a less expensive entry point.
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I played both URI & SEDG 21 Apr 20. Got in at good entry points and out of both trades 29 Apr 20. Floor on SEDG is 101 one or two more bounces and then up. URI floor is 113 waiting on the bounces. Waiting to get back in but close. Am I missing something?
 
#2,136
#2,136
Sudden Impact said:
I played both URI & SEDG 21 Apr 20. Got in at good entry points and out of both trades 29 Apr 20. Floor on SEDG is 101 one or two more bounces and then up. URI floor is 113 waiting on the bounces. Waiting to get back in but close. Am I missing something?
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URI has doubled off of it's 52-week low in a very short time frame. It hit $113.63 today. I think that it can be purchased at a better price. But I'm not all that interested in a short term trade.
 
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#2,137
#2,137
SONM. Keep eyes on it. Small 5,000 share position for me to start.

Still holding SHIP, unfortunately.
 
#2,143
#2,143
Thunder Good-Oil said:
Can't argue with that. I haven't looked at the balance sheets, but Avis was profitable before C-19.
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Much like airlines (and to a lesser degree cruise ships), I just dont like the industry in good times, much less now.

Avis has the better BS but those companies are so leveraged, I'm not sure Avis would survive if this continues into Q3.
 
#2,147
#2,147
JFreak said:
There has been a pretty ominous pause in the market.
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Gut tells me we will see some downward movement in near future. Ultimately the narrative will be the recovery will take longer than anticipated. Only bought in April when S&P was under 2750.
 
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