I love watching the round number merchants with their irrelevant $12 price target.
Looking forward to their next trading update or should that be downdate?"
All i'm seeing is 12's - yes the sp has been roughly supported at this lower level. Trying to pick the bottom is always fun! $12 is a perfectly reasonable platform for the sp to stabilise at before it is ready to again move higher. I don't see CCL making it a trifecta of earnings downgrades. Two earnings downgrades already so no more downdates?
CCL Price at posting:
$11.99 Sentiment: Buy Disclosure: Held