Re: Cruise stocks drop, as Carnival on track to open at 5 1/2-year low
Originally Posted by
Bullitt
CCL issued a 12% bond yesterday which was oversubscribed. Buyers of the bond are most likely betting on government bailout here.
Stock down and ready to test it's all time low today.
It will take years for this industry to recover consumer confidence.
I heard they don't qualify for a gov. bailout because they are not a US entity. But, who knows what sort of deal might be happening behind the scenes.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
Bookmarks