PORT ROYAL Posted March 24, 2020 #526 Share Posted March 24, 2020 (edited) 56 minutes ago, HoosierBuddy said: I am new to stocks...but would like to buy some Carnival. I too missed out on the low. My question to the seasoned trader...what is your thoughts on it going back down or up and how long do you hold out, this is expected to be a long term investment. Thank you Not a seasoned trader, but look at it as a long term exercise to play with. If you have the UK equivalent of a SIP then it becomes a long term thing, so you can dip in/out as required. The UK Tax people have no knowledge of the OBC For us with 5/6 a year the 250 per Cruise is great, this is in addition to the FCD and the Cunard Fare booking bonus. For example of trading, we bailed 500 at end of Feb for around 2500, then bought 1000 back in on 19 March at about 740, and if tomorrow rise continues of the rest of the week, then possibly in for another 500 or not. But this is an exceptional situation to make profits. Don't expect it every time. Have a gut instinct, that Carnival may increase the holding requirement for OBC benefits. You have to first consider could I afford to suffer a 100% loss, as it's a game of risks, and if a profit great. Edited March 24, 2020 by PORT ROYAL Typo Link to comment Share on other sites More sharing options...
Hamburg Avon Lady Posted March 24, 2020 #527 Share Posted March 24, 2020 Well, we bought 200 shares yesterday at about $ 11 per share. We love Holland America and plan to cruise again, hopefully, in the very near future. The stock market is always a "crap shoot" -- you could wait and hope for a decline or wait and see it increase (hopefully) and still miss out as you waited too long. You need to decide on what you want to spend and whether the wait is worth it. My motto is" early bird gets the worm" -- do I lose sleep over missing the $ 8 low >?? -- yes and no-- just feel at what I spent is "ok" with me. 1 Link to comment Share on other sites More sharing options...
coevan Posted March 24, 2020 #528 Share Posted March 24, 2020 3 hours ago, HoosierBuddy said: I am new to stocks...but would like to buy some Carnival. I too missed out on the low. My question to the seasoned trader...what is your thoughts on it going back down or up and how long do you hold out, this is expected to be a long term investment. Thank you I am an investor and would not touch, cruise ships, airlines, or anything in the travel industry until there is a definitive time for recovery. Otherwise, you are just playing craps. Link to comment Share on other sites More sharing options...
sfaaa Posted March 24, 2020 #529 Share Posted March 24, 2020 4 hours ago, grimpil said: ccl stock up 15%.... Dead cat bounce? Looks that way. All cruise line stocks (CCL, NCL, RCCL) are trending up. Those who bought low last week are now making money. 1 Link to comment Share on other sites More sharing options...
ALWAYS CRUZIN Posted March 24, 2020 #530 Share Posted March 24, 2020 9 minutes ago, sfaaa said: Looks that way. All cruise line stocks (CCL, NCL, RCCL) are trending up. Those who bought low last week are now making money. You got that right! 😎 1 Link to comment Share on other sites More sharing options...
rudoja00 Posted March 24, 2020 #531 Share Posted March 24, 2020 59 minutes ago, NightOne said: OK doom and gloomers (and the shorts) ... the stock is heading back north and will continue to do so long term. I predict it will not go into single digits again. It'll go down to single digits literally the day they announce the next month of cancellations. I agree long term it's a good stock to hold, but you are kidding yourself if you think the roller coaster has stopped. I've got some held for long term, and I've also got some short options set for April 9th. 2 1 Link to comment Share on other sites More sharing options...
Elbozi Posted March 24, 2020 #532 Share Posted March 24, 2020 Looks like another buying opportunity is coming up. 1. Watch Status on Holland America's Zaandam Cruise Ship. https://www.bloomberg.com/news/articles/2020-03-24/holland-america-cruise-sailing-for-florida-has-87-flu-like-cases 2. Look for a drop on Unemployment Numbers posted this Friday, 10 am Eastern I think. Link to comment Share on other sites More sharing options...
ULCajunCruiser Posted March 24, 2020 #533 Share Posted March 24, 2020 (edited) 10 minutes ago, Elbozi said: Looks like another buying opportunity is coming up. 1. Watch Status on Holland America's Zaandam Cruise Ship. https://www.bloomberg.com/news/articles/2020-03-24/holland-america-cruise-sailing-for-florida-has-87-flu-like-cases 2. Look for a drop on Unemployment Numbers posted this Friday, 10 am Eastern I think. Oh Wow!! Here we go again!! Edited March 24, 2020 by ULCajunCruiser correct placement 1 Link to comment Share on other sites More sharing options...
crazy4themouse Posted March 24, 2020 #534 Share Posted March 24, 2020 2 hours ago, rudoja00 said: It'll go down to single digits literally the day they announce the next month of cancellations. I agree long term it's a good stock to hold, but you are kidding yourself if you think the roller coaster has stopped. I've got some held for long term, and I've also got some short options set for April 9th. It's coming... Royal Caribbean (and Celebrity) just announced they are extending the cruise suspension until May 12th. I imagine Carnival won't be far behind. 1 Link to comment Share on other sites More sharing options...
HoosierBuddy Posted March 24, 2020 #535 Share Posted March 24, 2020 Thanks to all still watching and listening 2 Link to comment Share on other sites More sharing options...
Elbozi Posted March 25, 2020 #536 Share Posted March 25, 2020 (edited) Meyer Werft Stops Construction on Carnival owned P&O's Iona and a second ship. Shouldn't impact stock price that much, as there wouldn't be much demand I would think by Summer anyway. https://cruisebusiness.com/index.php/news-section/top-headlines-category/8551-meyer-werft-suspends-work-on-iona Edited March 25, 2020 by Elbozi Link to comment Share on other sites More sharing options...
PittsburghGirlee Posted March 25, 2020 #537 Share Posted March 25, 2020 I bought 100 shares when it was at $23 and thought that was a good deal.....Lord knows I don’t have patience. Got another 300 share at $8.35, that felt MUCH BETTER. Either way I’m in it for the long haul. ☘️☘️Good Luck to all of us that purchased☘️☘️!!Hope everyone stays healthy and happy.Sent from my iPad using Forums 3 Link to comment Share on other sites More sharing options...
Lil2Angelic Posted March 25, 2020 #538 Share Posted March 25, 2020 Just curious..I can't figure this out..Why is RCL stock is so much higher now and historically than Carnival Corp.? I'm a newbie to stocks, but have doing some research since all this virus stuff started. I thought maybe some of you more experienced stock investors could give some input. Link to comment Share on other sites More sharing options...
rukkian Posted March 25, 2020 #539 Share Posted March 25, 2020 20 minutes ago, Lil2Angelic said: Just curious..I can't figure this out..Why is RCL stock is so much higher now and historically than Carnival Corp.? I'm a newbie to stocks, but have doing some research since all this virus stuff started. I thought maybe some of you more experienced stock investors could give some input. I am no expert (not by a long shot), but financials is probably part of it. The average spent per person is much higher on RCCL. You also have to look at how much stock is actually out there. There could be 10x more carnival stock out, there is no set number of stocks. Link to comment Share on other sites More sharing options...
nhraformula00 Posted March 25, 2020 #540 Share Posted March 25, 2020 (edited) CCL over $ 15 per share Royal has doubled since Friday, now at $ 40 per share Edited March 25, 2020 by nhraformula00 added royal Link to comment Share on other sites More sharing options...
ypcat Posted March 25, 2020 #541 Share Posted March 25, 2020 1 hour ago, Lil2Angelic said: Just curious..I can't figure this out..Why is RCL stock is so much higher now and historically than Carnival Corp.? I'm a newbie to stocks, but have doing some research since all this virus stuff started. I thought maybe some of you more experienced stock investors could give some input. There are more than twice the number outstanding shares of CCL than RCL, thus the price difference. Surprisingly both have similar valuations, about $7.5 billion. 2 Link to comment Share on other sites More sharing options...
Lil2Angelic Posted March 25, 2020 #542 Share Posted March 25, 2020 (edited) That makes since. So if RCL did a stock split does that mean that the price per share would be worth around half?..Oh no, wait..if that's true then it would mean the same for CCL..Uhh..I'm so confused! Edited March 25, 2020 by Lil2Angelic 1 Link to comment Share on other sites More sharing options...
nhraformula00 Posted March 25, 2020 #543 Share Posted March 25, 2020 Don't be confused just buy some stock now and hold on for a long time.It's going to bounce around until this virus is contained. 3 Link to comment Share on other sites More sharing options...
Lil2Angelic Posted March 25, 2020 #544 Share Posted March 25, 2020 I was able to grab 100 shares at $9.83 per share. That was my first ever stock purchase. I feel pretty good about the price and I am looking long term. I love Carnival Corp and I'm very proud of that they've offered to help during these times. I haven't heard of the other cruise lines offering up their ships...so far at least. 1 Link to comment Share on other sites More sharing options...
PORT ROYAL Posted March 25, 2020 #545 Share Posted March 25, 2020 (edited) 23 minutes ago, Lil2Angelic said: I was able to grab 100 shares at $9.83 per share. That was my first ever stock purchase. I feel pretty good about the price and I am looking long term. I love Carnival Corp and I'm very proud of that they've offered to help during these times. I haven't heard of the other cruise lines offering up their ships...so far at least. Plus 4 cruises of 14 Nights or more giving OBC @ $250 each cruise = $? Edited March 25, 2020 by PORT ROYAL 1 Link to comment Share on other sites More sharing options...
Hamburg Avon Lady Posted March 25, 2020 #546 Share Posted March 25, 2020 (edited) $ 1000 to spend (total for 4 cruises)---- However, you need to be smart on how you spend it while on board -- if you don't use it -- you lose it ! Edited March 25, 2020 by Hamburg Avon Lady 1 Link to comment Share on other sites More sharing options...
Lil2Angelic Posted March 25, 2020 #547 Share Posted March 25, 2020 That would be $1000 in OBC which more than covers my stock cost..assuming CCL keeps the OBC offers at the required 100 shares. At least I'm grasping that lol. 1 Link to comment Share on other sites More sharing options...
PORT ROYAL Posted March 25, 2020 #548 Share Posted March 25, 2020 3 minutes ago, Lil2Angelic said: That would be $1000 in OBC which more than covers my stock cost..assuming CCL keeps the OBC offers at the required 100 shares. At least I'm grasping that lol. Then a potential of 4 dividends per year 1 Link to comment Share on other sites More sharing options...
PORT ROYAL Posted March 25, 2020 #549 Share Posted March 25, 2020 7 minutes ago, Hamburg Avon Lady said: $ 1000 to spend (total for 4 cruises)---- However, you need to be smart on how you spend it while on board -- if you don't use it -- you lose it ! No problem spending... in addition to FCD and Cunard Fare OBC 😊 1 Link to comment Share on other sites More sharing options...
Elbozi Posted March 25, 2020 #550 Share Posted March 25, 2020 Really nice rally so far today. Wish I had some $8 shares to sell today. 🙂 Go Carnival Go! Link to comment Share on other sites More sharing options...
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