I agree (re Tesla) - so which business are they really in? Selling cars or tax credits??

And regarding airlines, I feel same about cruise lines. I have a friend that just went in pretty deep - I fear some may not make it.

Living right by a port for 7 cruise ships I have no idea how some of these companies can go pretty much a year without revenue.

I mean raining day fund is one thing but dam. At least airlines are operating a bit and also carrying cargo.

Yes......Seems to be the gift that keeps giving!

Thanks for the input guy's. I am no trader so picking a stock is very hard for me. I like hearing what's working and not working from others.

Don't read too much into it - I've been in the stock market since 1995. I've bought alot, sold alot, and lost alot! lol

I'm sitting on a -50% loser right now with Charlotte's Web (CBD oil). ...thought for sure it was going to take off from $10/share when I bought it. Nope - not yet!

f you're not a trader, buy some good growth stock mutual funds. Fidelity has several, as well as some that have low/zero fees. Look for 10+ year track records, but watch the fees!

Or, if you have 100k to blow, buy 5 Bitcoins and hold for about 5 years. You'll likely be glad you did.

Sadly the title of this thread is out of date.

nevertheless stocks continued to be pumped due to liquidity and crap bond markets. when there is no where else to put your money to make it grow...this is what happens.

not a huge fan of Tesla. I thought the valuation at $800 was insane. Now that we are $3000+ it’s more insane. It will correct, but who knows when and for how much. This is the quintessential definition of fanboy stock. People are Enamored to say they own Tesla. Almost like people love saying they own Apple.

no one wants to sell and as a result the stock just keeps getting pumped. Atleast apple has sales.

im a firm believer in tech stocks. I almost feel guilty not buying it. retail stores, cruiselines, airlines, etc...are all junk with terrible business models and crap margins. If you feel inclined to buy one find one that has an edge somewhere with various revenue streams particularly in tech...great example is disney. travel will come back but they have Disney +, ESPN, etc to right the ship.

just my 0.02.

I am so kicking myself for not pulling the trigger on my own pick of HAL Its up about 300% from when I posted

The no revenue hurts but the debt on all those ships/planes is simply crippling. Airlines are still paying all their employees like a 60% wage NOT TO WORK! I think Southwest's CEO mentioned that they were burning through 11-12 MILLION PER DAY! What business can lose that kind of money and ever expect to recoup it? Once a flight leaves the gate, that is all the revenue that flight will ever earn, so if 25 seats of 300 are full they are lost seats forever on the other 275. Not like a car company can make the car and maybe it will sell tomorrow or next week, the revenue still has a chance to happen. With seats, it is sunk money they can never sell that trip that day again.

If you owned a small business and lose $1000 or $10,000 a day, at some point you have to pick the day that you close up shop, your losses can't be made up. At some point the cruise lines/air lines are going to have to have that topic discussed. Now 1-2 failures will help the ones that stay in business but I think both industries are going to have a hard time selling seats in the future. If they raise prices to help their finances it will kill sales and it is going to take a couple years to get regular people (non-business) back on the planes and people back into the cruise ships. I personally have always thought of cruise ships as floating petri dishes staffed by 3rd world country refugees.

AIrlines, cruise ships, rental cars and hotels I consider longshots on returns for the next 1-2 years but the ones with the highest debt service will likely be the ones that get closed. 3 of them are unionized which will make changes even more difficult.

Guessing someone made money on Home Depot or Lowes.