What I Am Buying Today.

[fenders53]

(06-29-2022, 02:56 PM)crimsonghost747 Wrote:

(06-29-2022, 08:37 AM)poneyboy Wrote: Bought CCL. I know this will take time but at $9 you can make money.

(06-29-2022, 10:02 AM)divmenow Wrote: New position in CCL. At $8.40 its now at a all time low and cheaper then when covid hit lol . That MS downgrade told me we are near a bottom. I cruise every year on Carnival

(06-29-2022, 12:12 PM)fenders53 Wrote:

(06-29-2022, 10:02 AM)divmenow Wrote: New position in CCL. At $8.40 its now at a all time low and cheaper then when covid hit lol . That MS downgrade told me we are near a bottom. I cruise every year on Carnival

Added COP as well

I am sure are aware CCL is pretty much fighting to remain solvent.  The Robinhood kids are broke so they may not be able to come in for the save. Be careful with this one. I would sell any bounce and do some DD.

I'm interested in this stock also. Simply because I do believe that the cruise line industry is not going away anytime soon. And it does look like here we have a generally quite reputable company getting beaten to the dirt and then some. I'll do some proper reading up on it during the weekend. 

But I'd love to hear a quick overview of why/why not, from both the fanboys and the doomsayer  

It's just been a rough few years.  They still have some cash left but the balance sheets have taken a beating for all of them.  They will probably hang in their somehow if we don't have much of a recession. Through the end of 2022, they will have lost about $23 per share since pandemic started.  Other than that I am very bullish.