I’m close to all in right now on MGM, JBLU and CCL.
I bought at resistance in all three over the past week and have averaged down the Way down. JBLU and CCL are at close to 52 weeknlow MGM has held on well.
Be a tight stop from here . If any fall below 5-7% of the low it’s time to capitulate and I will have given back all the gains from last weeks run up. If this happens it’ll need to think when to re enter.
BTW for anyone talking about bankruptcy for CCL - JPM and GS just brokered and held a over subscribed 11% Bond raise and took on 1.3B in equity. You think they going under soon?
Reply With Quote