Regarding CCL, my philosophy on the risk is the fact that every industry crashed during Covid-19 but eventually rebounded by 100% or more. The cruise line is the only industry that is still down 40% or more from their Dec 2019 stock price. As such, if history is a good indication of the future, then the cruise line stocks will rebound to the levels they were back in Dec 2019 which means we still have a 40% profit to be recognized. I'm convinced the current mindset of investors/traders are that they are more focused on trends than they are on balance sheets and earnings reports. Heck, a lot of investors pick stocks (like Fastly) simply to ride a wave of momentum but know nothing about the company's product.

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