Quote Originally Posted by abrown83 View Post
Quote Originally Posted by Dan Druff View Post

Don't hold it. I would sell now and either count your $ or wait for the next good entry point.

Keep in mind that at some point reality is going to hit the cruise industry. Namely, they're not going to operate in 2020 in all likelihood, and some or all will crash and burn. Once that reality is understood, it should go far below $8, and very possibly to zero point zero.
I think they should take their profit but cruises will be sailing again soon.

We have flattened and in the next 7-10 days new cases will drop off a cliff. Market is forward looking and already pricing this in.
That's my thoughts, the economic impact is baked into the $8/share CCL price. I also think the virus drops off a cliff in the northern hemisphere over the next 2 weeks and the impact to CCL is far less than original fears. Almost leaning towards buying more this week even if the price doesn't drop. I like CCL long term at $12 a share as well..