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Jim Cramer Discusses Royal Caribbean (RCL) & The Cruise Ship Industry

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“When we had Royal on, Jason Liberty, people were saying, listen, be careful here. Because what’s happened is that they’re not filling up their cruise lines as fast. They have, there’s bad rush at the end of fill. A lot of people said ahh, but it’s still good but the stock has not had a single good day since, well maybe there’s been one or two. But this group has lost its lustre. This was the last big travel group. And you don’t want to see them lose. And this again is what I’m thinking, government shutdown. There’s also this notion of this malaise notion, Jimmy Carter malaise. David, there are people who are just, they’re not spending.”

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