todays trades: premarket edition

[rdking647]

obviously the market hasn't opened yet but theres a couple of stocks i have my eye on. this is where my vulture instincts come in.
carnival (CCL) and royal caribbean (RCL)
premarket CCL is down about 20% and RCL is down about 8%. my gut feeling is to buy RCL. I think there will be a quick snap sell off and then a recovery as peolpe realize that while business will be down in the short term I dont think the costa disaster will have a lasting impact of RCL.
CCL is another story. Im going to look at the options market. the actual financial loss to carnival will be about 100m or so based on reports due to insurance they have. the question is does the disaster affect the other lines operating unter the carnival brand. Costa itself may be damaged beyond repair (although white star which owned the titanic survived and is today ironically part of cunard,owned by carnival)
Ill wait and see how carnival and the options look after the opening before deciding what to do about that stock

[rdking647]

1. put an order in for RCL

10% lower than fridays close . right now im a dollar away from being filled. we will see.

[rdking647]

2. didnt get filled

CCL closed down 15% or so and RCL down 7% or so
Ill keep an eye on them tomorrow also. sometimes these things take a couple of days to play out.