Shorting CCL in the Morning

Finviz

Carnival Corporation & Plc operates as a leisure travel company. The company's ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. It also provides vacations to various cruise destinations, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company sells its cruises primarily through travel agents and tour operators. It operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. As of January 28, 2020, the company operated 105 ships with 254,000 lower berths. Carnival Corporation & Plc was incorporated in 1972 and is headquartered in Miami, Florida.

Some Quick Observations

Basic
Optionable	Yes	I do credit spreads sometimes
Shortable	Yes	I play both sides of the market
Share Price > $5	16.21	No Penny Stocks
Market Cap	14.62B	Must be greater than 300M. We want no Penny Stocks

Valuation
Profitability - Past 5 yrs	-	PE Positive
Profitability Q/Q	-	PE Positive
Sales Growth past 5 yrs	5.60%	10% growth the last 5 years
Projected Sales Growth 5 yrs	-99.50%
EPS	-10.28	A negative EPS tells you exactly how much money the company lost per share of outstanding stock, which is why you'll also see it called "net loss per share." If a company with 100 million shares loses $16 million, then its EPS is negative 16 cents.
Book Value per share	25.17

Financial
Debt to Equity	1.28	A good debt to equity ratio is around 1 to 1.5.
Current Ratio	0.9	a current ratio of 1.5 or above is considered healthy, while a ratio of 1 or below suggests the company would struggle to pay its liabilities and might go bankrupt
Quick Ratio	0.9	A result of 1 is considered to be the normal quick ratio. ... A company that has a quick ratio of less than 1 may not be able to fully pay off its current liabilities in the short term, while a company having a quick ratio higher than 1 can instantly get rid of its current liabilities

Buy it?
Current Price	16.21
Target Price	16.38	Produced by Analysts
Bargain	0.17	A positive number indicates trading under Target Price
Graham Number		Negative number is a good value
Analysts Ranking	2.9	1=Buy 5=Sell
Earning	Oct 08 BMO	Next Earning Date

Take some action!
CCL	Carnival Corp	Expected Profit
Direction	Open Short
Date Opened	11/11/2020
		-$36.00
Price Opened	$16.20	Expected Loss
Target Price	$15.71
Stop Loss	$16.61
Number of Shares Purchased	74	-$30.00

Backtest Model for Risk Management

Profit

3.00%

Stop Loss

2.50%

Risk Amount

$1,200.00

Base Amount

$5,000.00

Backtest Action: Not all trades taken				Win Loss %	66.67%	$297.54
Trade	Date	Price	Contracts	# bars	% chg	Profit
Long (profit)	1/3/2019	47.37	12	2	5.66%	32.16
Long (profit)	1/7/2019	50.64	11	4	3.26%	18.15
Short (profit)	2/22/2019	58.82	10	7	-3.84%	22.6
Long (profit)	4/1/2019	52.19	11	12	5.00%	28.71
Short (profit)	5/3/2019	55.18	10	7	-4.35%	24
Short (profit)	9/17/2019	49.37	12	5	-3.38%	20.04
Long (profit)	10/10/2019	40.95	14	4	3.76%	21.56
Short (profit)	1/22/2020	49.88	12	3	-4.73%	28.32
Long (max loss)	3/11/2020	21.75	27	2	-31.17%	-183.06
Long (max loss)	3/16/2020	14.57	41	2	-12.77%	-76.26
Long (profit)	3/20/2020	12	50	3	14.00%	84
Long (profit)	3/25/2020	15.55	38	2	14.60%	86.26
Long (profit)	4/6/2020	10.21	58	2	10.68%	63.22
Short (max loss)	5/1/2020	13.93	43	2	2.94%	-17.63
Short (max loss)	5/29/2020	15.74	38	2	6.73%	-40.28
Short (profit)	6/10/2020	20.59	29	2	-15.30%	91.35
Short (profit)	6/12/2020	19.98	30	4	-4.45%	26.7
Short (profit)	9/9/2020	17.66	33	5	-9.80%	57.09
Long (profit)	9/28/2020	15.31	39	8	4.44%	26.52
Long (max loss)	10/30/2020	13.71	43	4	-2.70%	-15.91
Open Short	11/11/2020	16.2	37	2	0.00%	0

To be a successful trader - you need to understand what you're buying or selling, be able to do your own research, and formulate your own opinions and decisions! This my research and my opinion - not a recommendation .  Please do your own research as well.