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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: cubsfan who wrote (4501)10/31/2008 11:03:50 AM
From: RockyBalboa  Respond to of 6370
 
Amazing... I just have seen it. The boat shook me off at an unfair price back then. If I look at the CCL balance sheet - today - I of course begin to think, darn this is going into distressed. 23... holy shit. I paid 40 for my last cover and never reentered simply because I had other things to do. Congrats to all who hold the short;

Message 24829327

the reasons back then for the short, are still valid:

Message 24679641

"Its current ratio is toxic, interestingly CCL has a load of current liabities. (7.4B, far exceeding current assets)."



To: cubsfan who wrote (4501)10/31/2008 11:16:11 AM
From: RockyBalboa  Respond to of 6370
 
The market is showing some resilience. Could be end of month peacemaking or another leg up. Risk premia are shrinking.

I am not adding to any short, rather buy stuff. Money is going silently into stocks...



To: cubsfan who wrote (4501)11/4/2008 2:57:58 PM
From: cubsfan  Respond to of 6370
 
I'm short CCL again once again.
We should see some dilution, but I know the first
thing I'd cancel with the money I lost is a cruise.

Fuel cost should help them, but looks like they
have some other impending expenses and heavy debt.

We'll see.

seekingalpha.com