I’m posting this primarily for a potential secondary offering that could come. Not a good place to take positions now, but something to discuss and think about it it comes. Here’s CCIV’s DD
oh Why? a number of reasons - stock is critical resistance at 105.20 earlier this week and reversed off that level. stock has been on a tear but it’s a “summer cyclical” and their most recent earnings were boosted by the fact that they issued covid vouchers to those that weren’t able to go to cruises during covid. and finally, they have massive debt, so a secondary offering is very likely soon