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#1
02-14-2013, 11:46 PM
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CCL - Carnival
Where will the stock go from here? Down around 5% since this mess started but still strong at over $37 per share. The Triumph will be out for 12 trips so they will miss that revenue, I assume there will be some aftershock of people especially in Galveston that avoid the Company which will hurt sales. Missing their EPS target is probably certain, I assume they bounce back but how quickly and is it just a bump in the road? Thoughts?
It is very hard to sue a cruise ship due to the waivers that are signed so a class action is going to be difficult. Also the Company is now based out of the bahamas and that will impact the investigation. I have a position with the stock but I won't disclose if I am short or long (right now) for the purposes of shifting the conversation. 
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