Well said. That's why I exited from CCL (made 25%+ in just over 2months period) and will put money in some other stock. Will see CCL when it is back below $9.
My 70% investment is in multiyear long trade, but keep 20-30% in these kind of cyclical stock that helps liquidity and give some income stream. With cyclical ones we need to act when it starts approaching above fair value.
CCL Price at posting:
$10.20 Sentiment: Sell Disclosure: Held
