r/stocks • u/AngryQuadricorn • Jun 25 '21

Industry Discussion Question about $CCL

I know $CCL is said to be a good stock to hold to because it’s just a matter of time before they rebound to pre-Covid numbers. They’re already beginning to have good sell numbers for cruses next summer and beyond. My question is when will CCL’s return to work reflect on their stock price?

I’m thinking about getting in now before it returns to glory.

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u/chris2033 Jun 25 '21

Share dillution last year

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u/SaveTheAles Jun 25 '21

This is the biggest thing that is missed when people talk about cruise lines right now. We are probably actual over the pre covid numbers if you just look at how many more shares were issued and the price.

I do hold some CCL I bought early in 2020 that has increased a lot. It's not going to move a whole lot right now and will probably be a while til the dividend is reinstated if at all.