The Covid virus and the stock market

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The Covid virus and the stock market

Postby alaya sc3 » Mon Mar 09, 2020 8:21 pm

I love the stocks my charms and let me tell you that Carnival cruise lines and Royal Carribean stocks are dropping like flies.
keep a watch on them and get in if you can. Carnival went from over 50.00 a share to 24.00 so far and is going to drop even lower
Plus Royal carribean went from 131.00 a share to 49.00 today!

if you are an avid cruiser like me, it is a wise investment. anyone else watching stocks?

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Re: The Covid virus and the stock market

Postby Italian Lace SC4 » Tue Mar 10, 2020 12:04 am

A few weeks ago I read that a company called Inovio a was developing a Coronavirus vaccine, so I bought some shares at around $4/each. Today they peaked at over $19.00 today and I am over the moon! Wish I had bought more!
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Re: The Covid virus and the stock market

Postby DDDVIOAUS » Tue Mar 10, 2020 12:21 pm

I do limited investing in the markets. Too easily manipulated by those in charge. Note recently the news was bad in regards to Convid-19 and stocks dove...next day new was worse, and the market shot up like a balloon. A lot of serious investors are playing vulture swooping when stocks tank, buying up, and then selling half the next day and holding for brighter days the rest.

As for Cruise Line , I would think it will get worse, with what has been going on. When this is over and it might not be for years.. will people still want to cruise? That ship with sick people is still at sea, and more and more are getting sick. Could set cruising back a bit. Not a reason to sell, but certainly to be cautious when buying.

As for any pharma company. Buyer Beware !!!!!!. There are over a dozen companies working on a vaccine. It is a dice roll to see if which or if any can find a vaccine or make one. Has to be noted that Friday the CDC said any vaccine would likely be two years away from being used on the public. Still way to early in the development stages, and then we have the issue of can it mutate. they aren't even sure if it us seasonal, how long it can last outside the body, how long it can be in the system before it becomes infectious. Seems to be that you can infect someone without having symptoms. The Scotland head of their CDC said earlier today, that the virus could lay dormant in out system. You recover but are immune, but can infect others. More importantly, they think it will be long term, and that an actual vaccine might not ever be found. So good that you got in early on what is great deal. I am sure it will go much higher, but not sure in the end what might happen.

taking a trip at the end of the month, had booked in Jan. Found out on Friday that the rates dropped 32% from when I booked...Cancelations and people not wanting to get out and about. So it sounds like the tourism industry will get hit hard for at least the next few months.
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Re: The Covid virus and the stock market

Postby alaya sc3 » Thu Mar 12, 2020 8:10 pm

hey ladies, great for you lace on buying that stock great pick, I would be cautious and sell some to make your money back as there are so many companies trying to come up with the vaccinne. I am waiting a day or two at the most before I buy 100 shares each in Norwegin, Carnival and Royal Car. cruise lines. I know it will take years for them to recover and thats ok, i am in this for the long haul.

a penny stock I have been watching is XRP, it is similiar to bitcoin and it is 0.16 cents a share. they are estimating it to hit 1.00 or more by the end of the year and a few dollars in 5 years. At 16 cents a share you really cant go wrong.

who else is buying stocks and which ones? the airlines are taking a big hit too and the oil stocks. I am watching them all lol

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Re: The Covid virus and the stock market

Postby vanillacreamSC1 » Fri Mar 20, 2020 12:46 am

So hard to put money into something I know very little about but hope those that do make some $$
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Re: The Covid virus and the stock market

Postby martinae » Fri Mar 20, 2020 9:29 am

Boeing... as soon as this clears ABC's they get the max figured out they will be back... plus the potential bailout they will get
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Re: The Covid virus and the stock market

Postby martinae » Fri Mar 20, 2020 9:31 am

Boeing... as soon as this clears ABC's they get the max figured out they will be back... plus the potential bailout they will get
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