/biz/ - Business & Finance

Yeah GM looked like a good buy in May of 2009 as well.
Good luck fren

>>18302069
Can you predict which airlines are going to survive?

>>18302326
BlueStar.

>>18302326
You can't? lmfao get off my board.

>>18302348

>>18302069

If they can't strike a bailout deal they'll go bankrupt. Current shareholders get fucked, bond holders get new shares and life in that biz starts all over again.

>>18302069
i wouldn't buy airlines tough

Yeah, everything is on stock. Idiot.

>>18302069
>best case scenario is a 4x, but most likely it will just bankrupt

>>18302069
>Delta is losing 60 million dollars a day
>no vaccine has ever been approved in under 16 months
>wow, what a steal!!!
t. brainlet

>>18302348
Not unless we've got those unions in our pocket

>>18302069
Airlines are very likely to go under actually. I'm mostly limited to canadian market, but I'd call anyone a fool who'd buy into jazz, ac or similar. Especially ac.
However, pipelines are a good choice, so is oil (depends how you think the oil war will play out, but I'm into both). I'm a lot more confident in cruiselines than in airlines.

There are some airlines that are good buys right now
LUV, ALK and DAL all have great balance sheets, enough cash to pull through rona and good expansion prospects after. Vastly undervalued right now and set to bounce back
Other airlines I'm not confident about especially American which is a cancerous turd of a company burning cash like a homecoming night bonfire

>>18302069

>>18304321
Nigga it's bitcoin

Just look at tue balance sheets retard it's public info

>>18302238
>>18302400
>>18303704
>>18303750
>>18303765
>>18304241

You niggers forget we are in Trumpmerica. None of these big beautiful airlines are going bankrupt under daddy Trump's watch. We are fighting an invisible enemy!

>>18304609
I'm sure he'll prop up some, but not all. I estimate the situation will resemble ac (almost went bankrupt what, 4 times? Got bailed 2x I think, but it's looking unlikely they're being bailed once more. In the past, they went bankrupt and got bought by another airline company, which also went bankrupt and had to sell them off).

>>18302069
How drink are you

>>18304645
For some major ones like aa*

>>18302069
You go ahead and buy it at 20$ and sell it 5 years later for 100$. I will join you and buy it at 0.5$ and sell it 5 years later for 100$. You will make 5x and I will make 200x

>>18302326
American and United

>>18302069
Yes dumbfuck. These airlines can declare bankruptcy and you will lose everything

>>18304241
>I'm a lot more confident in cruiselines than in airlines.
Airplanes actually move you places whereas cruises are for geriatrics. And old people might be slow, but I think they've heard about the death cruises and aren't going to do them anymore. I know I'd never take a cruise even if I lived to be an old shit.

>>18304680
They both have awful service and charge more than better options like southwest.

>>18304609
Sure, we'll just print some money to prop them up for 12+ months while they fire most of their workers. This might be the big one that actually gets normies rioting.

>>18302069
>Yes they are fucked now, but flying to going away.
...

>A year or two from now everything is going to be back to normal.
There is no "normal". If level of flying is normal, the companies dominating the markets are likely to be different.

>Is it bad idea to buy some airline stocks now? I am talking long term 5+ years investment.
Tbh it's a gamble

>>18302238
>May 2009 - Sub $1
>Today - 17.99, 41.90 at this year's peak

Fucking A it was a good price. Wish I was in the market back then.
>>18302069
Appreciate the tip, anon. You reasoning is very solid. Gonna def. add some plane stocks to the old folio.

>>18304609
I agree he'll bail them out but after stonks go to 0.

>>18302348
Blue horseshoe LOVES bluestar

>>18304750
Everything is a gamble in stonks right now. 2008 should've veyen a depression. We've kicked the can down the road too long we can't just bailout 40% of the economy. We got fucked and it was a natural disaster that did it this time. Combined with another credit bubble of course.

>>18304703
I think you've got it exactly backwards. The problem with airlines isn't that they won't pick up business again, it's that most can't afford even very small periods with slow business, and many operate at a loss at normal times. Thus, going in on any of them is gambling at this point as they're unnaturally likely to go bankrupt.
Despite the knowledge about the plague ships, boomers are still going on their cruises (look it up), because they really don't give a shit. It's typical boomerbrain. Moreover, cruiselines can afford much longer periods of inactivity and are therefore significantly more likely to go back in business before long. Boomers will not give 2 shits about the wuhan flu once operations restart and they'll jump on the chance to cruise. Reminder additionally that they're the ones who lose the least in this because they already have their homes paid off, they don't work and don't worry about income, don't play into the stock market (usually, at that age - or if they do it's like 90% bonds), etc. Thus they're the only demographic that will actually be able to continue their usual activities, thus cruises will skyrocket and will not see the relative low activity that any other sector (beside tech) will see, because of the delay in reestablishing supply lines and the disruption associated with various bankruptcies and reforging of new contracts, as well as the complications in the change of logistics. This will also be compounded with oil prices, which, by the way, further boost cruiselines.

>>18304794
Yes I've been saying airlines are going to be subsidized in the future. Their operating expenses are astronomical.

>>18304241
>I'm more confident in the industry with weaker fundamentals and zero prospects of bailouts

>>18304832
>>18304794
>>18302238

I bought a long option for 2021 March for el dorado casinos, will degens have the most pent up need in the end of this?

>>18304766
GM went to 0, if you bought in may 2009 you lost everything

>>18305254
Exactly. If you can't see why, it means you have missed something important and need to look again.

>>18305308
That actually doesn't sound like a bad idea at all, casinos should make a strong return as soon as the coast is clear.

There are companies that aren't losing money hand over fist why not just pick one of them instead of trying to predict what distressed airline gets saved, when, and on what terms. I think Trump has hinted about taking equity for the government in exchange for a bailout so you're basically negotiating a deal against a man loves negotiating and smells your blood.

>>18305308

>>18304794
>oil prices further boost cruiselines.
airlines benefit more than liners from lower fuel costs - 10-12% of airlines costs are fuel, or about 50% more than cruise lines.
Cruise lines spend 8% of your fare cost in fuel, which is more than they spend on food per person. Still, wont be hungry when you got seasick AND Novo or C-19, or, or, or, will you

>>18304766
Different stock retard. Old gm is worthless

>>18304766
SPOTTED THE RETARD. Hey retard, wanna buy some old GM stock? Ill give you it for 10 bucks a piece, good deal right?

>>18306824
cruiselines were dying out before the virus anyways

cruises are meant for retirement age people to live out their days and die in a controlled environment with a buffet.
after the virus wipes out the social security population there will be nobody left to buy cruise tickets because people who can still walk don't want to go on a fucking cruise. why on earth would cruises bounce back better compared to airlines when airlines are getting bailed out, far more essential, and isn't exclusive to 80+ customers?

>>18304766
underage

>>18304766

>>18307386
The airlines that are going to be bailed out will bounce back better than probably any cruiseline. But are you feeling lucky enough to figure out which one will be bailed out and which one will go brankrupt? This is the issue. Most airlines will probably go bankrupt while a handful will be bailed.
SS isn't getting wiped out by the virus, the only people at risk are those who aren't currently receiving SS money but were due for it in the coming years, i.e. you and your daddy. Boomers will keep going on cruises like they've always done.

>>18302069
Airlines and travel related stock are really shit investments in general. They are only good if you had bought in the 1980s/1990s
Flying won’t be the same again, unlikely to return in 1-2 years. It’s just being kept up by government bailouts

>>18307386
I'm not sure if you know this but people constantly get older. The 40 year olds of today will be the future cruisers in 20 years lol