Bearish on RCL- pending Dividend cut.This one is almost a gem, probably one of the easiest short out there.
We all know the cruise sector is taking a huge beating, there's no way they are going back to business until late summer or something.( we are talking at least 1 whole quarter of no income)
They will be burning money like crazy this quarter, and possible lawsuits and settlements eventually.
when this corona situation is all done and over with, they will need probably 2-3 years to even make back these losses.
With that said, There is NO WAY, they can maintain a 3.83 EPS for their next earning report. NO FREAKING WAY.
Their current dividend is $3.12 per share , their earning per share is $3.83, that is 81.51% payout to shareholders.
There is without a doubt that they will follow carnival and suspend their dividend soon. (just matter of when)
I am 100% sure that when they suspend dividend, a lot of people are going to drop this stock, which will cause some selling pressure.
The fundamental behind this play is almost on WALL ST HEDGE fund level lol.
Enjoy this free play & Good LUCK
Short entry 49.90
Cover position target 1 $40.90
Cover position target 2 $34.57
RCL
Disney Under 100 - Corona Virus Won't Kill Star Wars Disney PlusThe parks are closed and ESPN is running Rudy over and over again as most Major League sports are on hiatus .
People instead of looking for a pure cruise play rebound Like $RCL should probably gobble up the opportunity to own $DIS sub 100.
Disney has a more diversified business and assets here is a list .
#DisneyPlus and Marvel assets alone make $DIS very compelling here.
In short the Corona Virus wont kill Star Wars
en.wikipedia.org
PLUNGE INTO THE 3 TOP CRUISE COMPANIES AT DISCOUNT IS HUGETook my first dip into the Cruise companies sticking with the top players and the one that just secured liquidity facilities yesterday , also expect the US government support for these too
Any positive news can double your investment in no time , otherwise good LT holdings if don't go into bankruptcy of Course lolll
Took equal weight each , will add if situation improve, this is a first dip so go nimble if you play that game like me
CCL
RCL
NCHL
$RCL Possible selling climax$RCL at highly negotiated level of volume. Monthly chart. Huge increase in volume yesterday with a hummer candle (take a look at daily chart) that could be indicating a possible selling climax or the buys by institutional investors. If this level does not hold, the next to look is around $26.
A Promising Stock Rally Comes Up Short of Important ThresholdIt was a promising week that could have easily ended on a bearish note. Buyers are still coming up just short of confirming bullishness.
A Promising Stock Rally Comes Up Short of Important Threshold drduru.com $SPY $QQQ $AMZN $AA $CWH $EWZ $NIB $RCL $UBX $ULTA #VIX #T2108 #AT40 #forex $AUDJPY
The Sea (Siren) is calling. RCL Royal CaribbeanSo i looked at this because of a family friend that has been holding it. I must say that i have not looked at the fundamentals of RCL and almost do not care, as the ta seems to reflect what is going on before it even happens.
My initial TA was done around May 8th and so far it is moving as expected. I am by no means, saying that news is not important, but it says something when ta alone is enough to tell the movement.
So starting off of that, we see that the 113.00 price point was not even achieved for a movement up and we were shot down around the 109.00 mark.
If TA continues to hold true, I expect RCL to drop to test and fail at 103.00 and drop between 97.70 and 94.64 to find support before a movement back up.
Based on the fib of this last trend (~65.78-134.54) we find the .5 retracal at 100.66
I think it is possible to bounce off of 100.66 and move up slightly, but i ultimately believe we are moving downwards between the yellow downwards trend line and the green support lines. If we assume the 200 ma will find us support, we can also assume that the 200 ma should be around the 94-97 dollar price range, which will add another indicator to convince people to buy in.
Unless something catastrophic happens, I cannot believe the possibility of the price dropping and staying under 83.00
There are simply too many support areas from 3 separate fibs.
I am interested to see how this forms when it hits the coming support levels and I will update my opinion as RCL progresses.
+ten Internets if you got the reference in the title.