I am a long-term CCL stockholder. I should have sold enough to recoup my initial investment when it was in the high $70s and be trading for free, but did not. CCL is not the only stock I should have sold high... 🙃 but among the many gifts God issued to me at birth, a crystal ball was not among them.
In my portfolio of real estate, retirement mutual funds, small roll-over IRA accounts where I trade, CCL is not the focus, but the good thing is that it has been mobil and I expect it to remain that way. Now may be the time for some quick buys and sells as it moves.
Friday I moved just 10% of my other mutual funds into cash. Starting Monday I'm going to be watching CCL and taking buying opportunities. If it goes up to $12.50 from Friday's close, that's a 30% increase. $12.50 is not an unreasonable goal within the reasonable future. CDC could make a favorable announcement and 30% could be an easy goal to meet. I can put in a sell order and wait... 30% is not bad. Even with terrible losses in my CCL stock, the long arc has me still with a 36% increase, so I'm not in a sweat.
I'm not saying this to prove myself a wizard, nothing like that at all... and I'm not, to be sure. But it is my perspective. My daddy said, "you never lose money making money." So buying is not a permanent decision. Buy and enjoy being a stockholder of something you really know, follow, and enjoy! Ride out the low points and take the long-term view. I think CCL is a good stock to practice this in... but I'm just an amateur.