RE: Unlocking5 Feb 2021 13:27
LPD. On the contrary, I have previously bought these at £6 and sold out a while back with a good profit. At the time, it was hoped generally that this would have all blown over within a few months and yet here we are almost a year later with the cruise industry on its kness and heavily debt laden.
I did say a while back I wouldn't even consider buying back in unless sub £11 and then cautiously. And yet, bizarrely, that is looking unlikely any time soon. I suspect too many are looking at the previous £40 SP and the vaccine rollout and assuming that everything will be hunkydory by early summer. By that time, most countries will still be way, way off the vaccine levels required for herd immunity. I am assuming that at some point soon I will receive an Email advising that my end of May cruise has been cancelled.
Meanwhile, I am in no rush whatsoever to "not miss the boat" as the SP climbs higher. For me, investing is all about your entry point and your exit point and currently, I see the entry point as way too high for comfort.