RCL Stock

[bruzin_for_a_cruizin]

Back up over that $100 mark again today... I think I'm going to sell half my position at a small profit and just hold on to the last 100 shares for the shareholder benefit.

[RedJessi]

I put in the sell order today - holding onto 100 for the OBC, but I agree that it is too volatile for longterm holding much more than that.

[bruzin_for_a_cruizin]

Earnings report in 6 days. I'm hoping we might see some strong numbers come out which might drive the price up even higher. The stock is up 42% since the last earnings report, and revenue and EPS is up since last year.

 

Maybe I'll hang on until the call and then sell off my excess then...

 

 

[md3145]

Paid $25 for 100 shares during the pandemic. Just sold all of my shares at $102! Used the OBC 3 times but rather get out now and take the money. We only cruise 1-2 times a year so not worth holding on to it. Never told my husband I purchased this stock until today when I sold it. He was amazed I made money!

 

[ink76]

18 minutes ago, md3145 said:

Paid $25 for 100 shares during the pandemic. Just sold all of my shares at $102! Used the OBC 3 times but rather get out now and take the money. We only cruise 1-2 times a year so not worth holding on to it. Never told my husband I purchased this stock until today when I sold it. He was amazed I made money!

 

Good for you nothing wrong in taken a nice profit.

[Baron Barracuda]

1 hour ago, bruzin_for_a_cruizin said:

Earnings report in 6 days. I'm hoping we might see some strong numbers come out which might drive the price up even higher. The stock is up 42% since the last earnings report, and revenue and EPS is up since last year.

 

Maybe I'll hang on until the call and then sell off my excess then...

 

 

 

EPS?  They haven't posted a quarterly profit since 2019.  Might actually see a small one next week though.  Just don't get caught up in the hype over stronger bookings and "adjusted" earnings that exclude unpleasant items like interest expense.

[Biker19]

5 hours ago, md3145 said:

Used the OBC 3 times but rather get out now and take the money. 

You can still apply for the OBC.

[firefly333]

3 hours ago, Baron Barracuda said:

 

EPS?  They haven't posted a quarterly profit since 2019.  Might actually see a small one next week though.  Just don't get caught up in the hype over stronger bookings and "adjusted" earnings that exclude unpleasant items like interest expense.

I'm travelling but still watching. I saw zachs earnings projection ... I dont see anything about all the debt they are servicing or that they lost money. ... deceptive. .. I agree with you. I want to see a profit, not a loss. Or they say when they will turn a profit. 

 

https://finance.yahoo.com/news/royal-caribbean-rcl-gains-market-214519932.html

 

 

[firefly333]

Looks like rcl is in a trading range to me, waiting for thursday earnings. I expect them to blow earnings out of the water, but will it be enough to sustain these lofty price levels?

 

I went short before close yesterday. I admit iffy with earnings thursday. Been watching and might as well make some $$$ while I watch it trade. Big push higher right before close yesterday but hard to hold. Back from my vacation so watching closely again. 

[firefly333]

Covered my short for $3 x 1000. $3000 will pay for a leg of cruising. Took the easy money, 102.87 to 99.87 this morning.

 

Powell is speaking in the next hour and historically tanks the market plus earnings tomorrow. Why risk how rcl stock will react. Last time it went to 97 and bounced but earnings could disrupt the channel. Nice swing trade while it stayed in a predictable pattern. Higher rates and higher oil not a positive for rcl long term. Yes I know they hedge oil. 

 

Cant wait for tomorrow's earnings. 

[island lady]

On 7/14/2023 at 9:13 PM, frank808 said:

I look at the first 100 shares bought at $19.50 as cruise OBC. We have already gotten back out initial 100 share purchase in cruise OBC with the 20+ sailings. The credit we receive for our future RCL cruises is just free money. I don't know of another investment that I enjoy so much which rewards me at least 5% ROI for each cruise.

 

You and me on that!   I don't even pay attention to what the current stock price is on the RCI stock we bought years ago.  We, like you, have pulled so much OBC...that we have considered our investment paid.  😉 

[firefly333]

Ok not too many seem to be interested in stocks. I'm a addict. I started with my dad as a kid. So after 50 years of stocks, and it's how I make money so was sharing some trading ideas. When I'd sell and when I'd buy. Documented, as later who knows, thought it important to document times and dates. 

 

I'd sold my shares I hold just to hold for obc, so was watching it trade and couldnt resist. I have a spidey sense for trading, but of course I look at the charts too before I jump in. Still looking for my re entry to buy back my shares to hold for obc. 

 

I think Powell speaking is absolutely fascinating lol. More dovish than I expected. Stocks are my passion. We can go bsck to the regular posts here. Just thought I'd throw it out there how easy to swing trade. I love stocks. 

[BermudaBound2014]

Up 8% in premarket trading after earnings beat.

 

https://www.marketwatch.com/story/royal-caribbean-stock-soars-toward-a-more-than-3-year-high-after-earnings-beat-big-bump-up-in-outlook-c0442585?mod=mw_quote_news

 

[mattg43]

Every time I think I missed a chance to sell, I'm glad I held a few days later.  Over 108 now.

[mattg43]

I'm out.  Sold at $109 for a 180% profit.

[bruzin_for_a_cruizin]

How high can it go on the Earnings announcement? $112 seems high, but we were at $133 just before COVID...

[Baron Barracuda]

Pretty solid earnings report.  Loads and yields trending higher.  Encouraging cash flow.  One line that struck me was how favorable timing on expenses was offset by higher stock based compensation.  So those skinnier menus and loss of half an half are offset by fatter execs wallets.

[mattg43]

When I bought in, my thought was hey, should make enough for a "free" cruise.  Made enough to cover multiple cruises and also used the OBC offer 3 times.  Big win, and really a No Brainer investment in 2020 and again when it dropped to the 30s last summer too.

[AftMan]

Yawn.🥱

[island lady]

5 minutes ago, AftMan said:

Yawn.🥱

 

If you don't like the show that is on....change the channel, or don't tune in.  🤪

[SilkySal]

Reminds me of that saying, "should I stay or should I go". Maybe it's that the older I get, the longer it takes me to make decisions.🙄

[Etta1213]

On 7/12/2023 at 3:10 PM, BND said:

We bought our shares solely for the OBC.  We only follow what it's doing out of curiosity.  We're meeting with our CFP in about 30 min and he sees the stock the same way we do.  We have other stocks in our IRA's that have been much more profitable.  

How many shares do I have to buy in order to get OBC?

[Merion_Mom]

2 minutes ago, Etta1213 said:

How many shares do I have to buy in order to get OBC?

100

[Etta1213]

1 minute ago, Merion_Mom said:

100

Thank you💝

[zebra36]

When this stock was considerably cheaper, I imagine many here bought for the OBC benefit  and just held onto as a curiosity as I have done myself. It is getting to the point at my age I am not sure I will take enough future cruises with Royal to justify holding onto this and probably should just cash out and pay for a few cruises with the proceeds.