This is a company that has never made a profit. In fact, it’s never made any money at all. On top of that, analysts expect its per-share losses to double by the end of 2022. Assuming Adagio manages to generate some revenues next year — the market consensus is a minuscule $151 million — it’s already trading at almost 20 times those sales. Why? Because COVID is here to stay … and the search for a response is moving into new areas … quickly.
![[UPDATE] Virus Panic — Could This Cruise Ship Stock Rally 50%?](https://cdn.banyanhill.com/wp-content/uploads/2020/02/13104121/shutterstock_677334748-627x376.jpg)
Shares of Carnival have been under pressure, with major impacts expected, due to the coronavirus. In my latest Bank It or Tank It, I dive into how Wall Street will account for these impacts on Carnival. Plus, we’ll tackle its fundamentals and sentiment readings, and take a look at the price chart to see if we will bank it or tank it.
Friday Four Play: The “Corona Conundrum” Edition Last week, I was looking forward to getting out...
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The COVID-19 outbreak is unlike any other stock market crash. But every crash is brought on by a new “black swan” event. Charles Mizrahi offers you access to his premium content to tell you why this crash might be unique and that there’s a bigger pattern at play. And investors who can keep this in perspective are going to win.
Time to Make It Rain Everybody’s talking about recession, depression, regression, correction, mass...
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