Saturday, January 21, 2006
RCL Stock Drops 8.5% or $800 Million in One Week
RCL (Common Stock) performance:
8.5% drop from January 13, 2006 through January 20, 2006. Perhaps their damage control is working about as well as their security and safety protocols? 210 million shares were outstanding valued at $9.6 billion. This amounts to a loss of about $800 million. And RCL did not look that bad on Oprah this week.
As former presidents' entourage would say: "Its the bottom line, stupid!"
When it should be, "Read my lips, no new disappearances or deaths!"