Any short sellers here ?
twentyfive
Living well and enjoying my retirement
It’s too risky to do otc right now any of you market guys looking to make some spare change by short selling, there’s no shortage of targets right now, Carnival cruises is one, hotel and hospitality stocks, even restaurant stocks are fair game, let’s go make some money guys 😄
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Cruiselines? Could be heading to zero
You could still buy Puts on these things but also likely late to the game - the greeks may not be in your favor and tons of people have already been buying up index puts for a while. I'm definitely a believer that the bottom has not happened - this recent uptick was fabricated and these depressing numbers from covid will continue to rise and we'll go under 200 for SPY by May.
and we need to keep in mind the majority of the ships are flagged in places where our labor laws and best practices rules don't apply, my own feeling is that the airlines and the hospitality industries will get bailout money, but the public sentiment is going to cause a backlash against the cruise lines.
Might be a good time to look at and short some of the Insurance companies, bet they end up with some large losses this year, there will be a lot of business interruption insurance policies forced to pay off which has been sort of a version of the casino's black jack dealers calling for insurance.
Trump's gotta do it to divert attention from bailing out his own hotels.
https://images.app.goo.gl/wS8HhAoyDZeaBS…
^^^ proof
You’d think they’d find a better term for it. With all the concern over offending little people, they should find a better term for this type of stock selling.