NCLH Grade 5 math = easy short op

Jun 17, 2020

Changing sentiment on a huge material change PR that wont see operations all summer.

NCLH endured an operation net loss of 1.8B in q1 (after having ticket sales of 1.2B)

Imagine the q2 book after no months of ticket sales.
They have 16B in assets, 1.3B of that is cash but with 12B in debt.
Bringing us to bottom line book equity of 4.3B


Customers from q1 sales are going to want their money back, I'm not even pricing that in here.
They really needed to open this summer.
Sure the company can last 18 months, but at what cost to shareholders? They will 100% require another debt round or equity round to exist.

My price target is 10$ in the near term & i'll be adding to any fake squeezes. Math supersedes the RH pump.

Short NCLH to single digits.

Jun 19, 2020

Trade active

Looking really good here, up several percentage points. I wouldn't be surprised to see single digits soon. There will be hit pieces on this everywhere in the coming several days.

Jun 25, 2020

Trade active

Good - price target is almost reached may take some profits here depending on today's session.

Jul 16, 2020

Trade closed: target reached

Forgot to reach this - hope you found a good out point.