CCL takes down earnings 40% for 2012

[firefly333]

I predicted the bad news was not baked in. CNBC said watch if it can hold $30 and if not, then there could be a big sell off. So far the market is up and no one seems to have paid attention to taking down the numbers for the rest of the year. 40% is still quite a haircut.

 

If not for the dividend they re-added last year, nothing to hold this one up at $30 but air and the rest of the market running so far this year. The tide lifts all boats, but watch out if/when the market turns.

[swedish weave]

I predicted the bad news was not baked in. CNBC said watch if it can hold $30 and if not, then there could be a big sell off. So far the market is up and no one seems to have paid attention to taking down the numbers for the rest of the year. 40% is still quite a haircut.

 

If not for the dividend they re-added last year, nothing to hold this one up at $30 but air and the rest of the market running so far this year. The tide lifts all boats, but watch out if/when the market turns.

 

The OBC they just extended for another year will still make it an attractive stock for those who cruise a lot.