Annus horribilis, page-66

Stock is in a major down from 15.00 and everyone is an armchair analyst. When the stock was 12.00 how many actually saw this coming. $8.00 for CCL ??? Very easy to be right when the market as a whole is in a mess.

Buying at these levels for the next 2 - 3 years is a smart move. Could go to 8 and could touch 9, investors should not care. It's a brand name, a brand millions still love and will continue to love. Let the dust settle and you may never see CCL at these prices again. This is a BUY and dont look back for a couple of years. Collect your 4.7% yield [much better than term deposits] and collect you capital appreciation in the future,

As for traders, go for it, I don't doubt there is money to be made either side.