Carnival to pop tomorrow after earnings released tomorrow morning

[stinkynuts]

I sold $200,000 of IBIT just now, and bought carnival. Carnival will release earnings tomorrow morning, and the stock should pop after earnings. This is long overdue. The pandemic woes are behind the cruise industry, and demand and outlook is very strong.

I expect a 10-20% gain tomorrow, but who knows what will happen. Last time NCLH skyrocketed about 20% after earnings, so I'm hoping the same will happen.

 

[rajput]

I sold $200,000 of IBIT just now, and bought carnival. Carnival will release earnings tomorrow morning, and the stock should pop after earnings. This is long overdue. The pandemic woes are behind the cruise industry, and demand and outlook is very strong.

I expect a 10-20% gain tomorrow, but who knows what will happen. Last time NCLH skyrocketed about 20% after earnings, so I'm hoping the same will happen.

how did that work out for you?

 

[stinkynuts]

how did that work out for you?

Luckily, I broke exactly even, since Bitcoin was down 1.5% when I swapped back and Carnival was down 1.5% as well.

However, as always, minutes after I sold, Carnival went on to rally to be up 3% at its peak