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CCL Stock
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High demand for Carnival cruises, but looks like we are seeing a pull back. Is this due to current market conditions (inflation, high interest) and looming recession? Or hedges manipulating for shorts and puts? Or is it just the insane amount of debt Carnival has?

Interested to see the ER this late September if we can get back around 20.

Personally, in the short term it doesn't look good. In the long term, I believe this is a decent play, but with all the debt and potential recession, it could take a few years.

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Posted
1 year ago