Cruise Line Stocks May Be the Next to Sink [View article]
As I have mentioned before, Seeking Alpha should be re-labelled to reflect its position as the favourite vehicle for shorts like Trader Mark to publish scare stories like this. These sort of stories become self-fulfilling as the chicken littles dump the stock.
There is no "analysis" in this article, just more regurgitating of other people's doom and gloom. Is it possible that cruise line stocks being down more than 50% already factors in the bad news?
Disclosure: I have not cancelled my Alaska cruise booking, have already been upgraded once, and look forward to cruising on a half empty ship. My sister in law is also looking forward to her carribean cruise next month.
Cruise Line Stocks May Be the Next to Sink [View article]
There is no "analysis" in this article, just more regurgitating of other people's doom and gloom. Is it possible that cruise line stocks being down more than 50% already factors in the bad news?
Disclosure: I have not cancelled my Alaska cruise booking, have already been upgraded once, and look forward to cruising on a half empty ship. My sister in law is also looking forward to her carribean cruise next month.