Approaching Rough Waters: A Cautionary Look At Royal Caribbean
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I’m not going near it, since I’ve been burned too many times, but I feel compelled to point out Royal Carribean (RCL) as a short idea. The reason? Well, it has zipped about 80% higher in just a couple of months, and now it has banged right up against its channel’s midline.
I’m not sure if the company’s newfound success is based on the post-Covid “revenge travel”, but even I have to admit that the allure of the sea, with its elegance and sophistication, never fails to beckon.
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