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Airlines, Cruises or oil...what are you buying?

Posted on 4/2/20 at 9:20 pm
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 4/2/20 at 9:20 pm
I have been tempted by all three but haven't pulled the trigger yet. What are you guys buying if any?
This post was edited on 4/2/20 at 9:21 pm
Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 4/2/20 at 9:21 pm to
reading this board, sometimes I think those are the only stocks available to buy.
Posted by NardDog
New Orleans
Member since Apr 2015
249 posts
Posted on 4/2/20 at 9:27 pm to
Mixed some oil with DAL. Bought some DOW30. Not touching cruises
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 4/2/20 at 9:38 pm to
Isn't Delta the safest bet for airlines to rebound due to the fact they do not use the Boeing 737 max?
Posted by Tri City Tigers
Member since Oct 2018
2343 posts
Posted on 4/2/20 at 9:53 pm to
Spirit is the safest. They have money saved up.
Posted by PinevilleTiger
Pineville, LA
Member since Sep 2005
6205 posts
Posted on 4/2/20 at 10:33 pm to
I agree on Spirit! Just waiting for it to go below $10 again!
Posted by CheEngineer
Louisiana
Member since Aug 2019
4234 posts
Posted on 4/2/20 at 10:42 pm to
Still waiting for the bottom.
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 4/2/20 at 10:43 pm to
some oil not the others
Posted by Lsutiger2424
Member since Dec 2016
989 posts
Posted on 4/2/20 at 11:02 pm to
Oil now, they talking about the possibility of banning some domestic flights. Plus earnings and guidance will be a disaster.
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 4/2/20 at 11:40 pm to
quote:

I think those are the only stocks available to buy.



I have taken everything I made screwing around the last two weeks and parked it into SO Wednesday.

I already had a decent sized position but the price was just too good to pass up for long term value.

Yes they will be hit in the guts collecting utility bills over the next quarter but they will get paid eventually and they are getting unbelievable discounts on input cost right now.

There are some excellent values out there that are much safer than the options in the OP.

Posted by bluewing
south
Member since Jun 2013
128 posts
Posted on 4/3/20 at 12:41 am to
PK and DAL
Posted by Scoobie
Member since Jul 2017
187 posts
Posted on 4/3/20 at 6:38 am to
Pharmaceutical
Posted by Chef Free Gold Bloom
Wherever I’m needed
Member since Dec 2019
1364 posts
Posted on 4/3/20 at 7:04 am to
quote:

Pharmaceutical


What are you favorites?
Posted by sonoma8
Member since Oct 2006
7663 posts
Posted on 4/3/20 at 7:09 am to
From what Im hearing around my work is that Abbott is in the process of producing a 5 minute spot check for Covid testing. Current result time at my facility is 24-48 hrs from Mayo.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
16950 posts
Posted on 4/3/20 at 7:46 am to
Long term it's Delta. Too big to fail.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70869 posts
Posted on 4/3/20 at 7:51 am to
Bought into all three. Didn't quite catch the bottom so I'm slightly down for now, but I'm investing for the long term.

Look for companies with lower debt to asset ratios. They have a better chance of surviving.
Posted by go ta hell ole miss
Member since Jan 2007
13615 posts
Posted on 4/3/20 at 8:03 am to
quote:

Long term it's Delta. Too big to fail.


Except this one time all the way back in the stone ages of 2005. Lots of large companies file, but don’t fail.
Posted by cgrand
HAMMOND
Member since Oct 2009
38646 posts
Posted on 4/3/20 at 8:57 am to
none of the above, sir
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23483 posts
Posted on 4/3/20 at 9:15 am to
None of that shite

Both are toxic right now, esp oil.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55219 posts
Posted on 4/3/20 at 9:27 am to
I bought all three a week or so ago

And I’ll buy all three again as the market continues down
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