Share price at end of 2013 to be between $7 and $15, depending upon earnings and 2014 outlook.
I also had problems with turbotax software this year
CCL will have to fill up their shiips at a loss.
The chart show a head and shoulder pattern, with the stock price going below the right shoulder bottom at 36, and going below that 36 bottom. This means going lower to lower 30;s..
RV stks drop into the Summer
2013 earnings will be subject to income tax. Figure ea of $1.40 x PE of 8= $11.2/share
My calculation includes some growth in 2013, but big tax burden. PE in this industry is traditionally low.
Hedge funds sell when the floor is broken. They don't care about fundamentals. Typically the drop starts after the x div . $20, or $28 are good , but extreme targets in a bear market. CCL is in its own bear market . The lawyers are lining up to make money on Triumph.
Look at stock charts, and see for yourself.
Just let the lawsuits sink the ship
investigate this company. There is no way they should be allowed to have few if not any contingencies for the protection of people on board. What Carnival is subjecting these people to is completely objectionable. They could at least have food that does not require cooking,more emergency generators, hospital type urinals for men, antiseptic gloves, and clean wipe clothes,etc, etc.If I were a passenger, I would feel compelled to bring my own emergency rations, and take a balcony room, with sliding doors on the upper deck. Can you imagine an Atlantic crossing going bad like this.
The cost to Carnival will be more than they ever imagine.