New. Article about Carnival

[mouche]

Interesting read

Sorry guys can't get the link to load right. Hope moderators delete sorry.

Edited April 24, 2021 by mouche

[firefly333]

Subscribe to read. Cant read anything. Maybe post the contents or your pt? 

 

 

[mouche]

Not sure why it won't link, it was talking about investors who say they have invested too much to give up and will continue to keep Carnival afloat.

[joeyancho]

41 minutes ago, mouche said:

Not sure why it won't link, it was talking about investors who say they have invested too much to give up and will continue to keep Carnival afloat.

Too big to fail?   At some point they have to sail.   I don't know if they are doing anything to make it sooner rather than later.  The longer they wait,  the more debt they incur,  the higher prices will have to be.  

[mondello]

Not sure how much stock I'd put in some financial talking heads. Carnival was supposedly hunkered down with enough cash and credit to last 15-18 months. Sure, these investors/creditors may have put up a big chunk of change, but overall, what percentage is that chunk compared to the total value of CCL. This too shall pass.

[BlerkOne]

Actually Carnival has been replacing higher price debt to lower price debt and converting some to stock.