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Re: ortco1 post# 2304

Thursday, 06/15/2023 2:22:55 PM

Thursday, June 15, 2023 2:22:55 PM

Post# of 2546
ortco1 - Re: CCL at $60-70. Yes, CCL has a lot of positives currently in place, but (IMO) obtaining those prior pps levels are a long time down the road. Reason, COVID necessitated a LOT of new debt, and a LOT of new shares issued to keep the Company solvent. All required actions.

Motley Fool puts out an opinion on CCL every 2-3 days (it seems), Some days positive, some days negative, but almost ALWAYS, references the high debt and increased shares which will limit quarterly pps growth until the debt is removed. It is happening, but slowly.

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