Da-Painter Posted March 12, 2020 #176 Share Posted March 12, 2020 6 minutes ago, Lupush said: Closed at $9.61 Remember, just because its cheap, does not mean its a good buy. They can only go to zero. After a crash, it may take the markets 8 years to get back up there in price. Back in 1999, SCHW stock got up to 110 on a 1 day blip, never to go there again. Some never do. Be patient. 3 Link to comment Share on other sites More sharing options...
mnsweeps Posted March 12, 2020 #177 Share Posted March 12, 2020 I think $4 to $6 is what I am looking at if I have to buy.... 1 Link to comment Share on other sites More sharing options...
Rare Lupush Posted March 12, 2020 #178 Share Posted March 12, 2020 10 minutes ago, mnsweeps said: I think $4 to $6 is what I am looking at if I have to buy.... That's what I was thinking. Even at that price it's a risky play. 1 Link to comment Share on other sites More sharing options...
Da-Painter Posted March 12, 2020 #179 Share Posted March 12, 2020 9 minutes ago, TrulyBlonde said: OXY div yld right now is great for fixed income too. I bought a lot of COP this week. Own it from prior purchase in 30's and bought more when got back to the number this week. Will look at OXY. I use to be a commodity broker, and traded oils, still trade them, we will always need oil. Use to trade PTEN, but it has really fallen out of bed, good company, but doesnt mean it cant go bankrupt. Good luck with COP!✌️ 1 Link to comment Share on other sites More sharing options...
mnsweeps Posted March 12, 2020 #180 Share Posted March 12, 2020 1 minute ago, Lupush said: That's what I was thinking. Even at that price it's a risky play. agree but we don't hit lottery unless we take risk 😉 1 Link to comment Share on other sites More sharing options...
MoniMommy Posted March 12, 2020 #181 Share Posted March 12, 2020 So with stock this low will they still be giving out that 100 OBC for owning 100 shares? Link to comment Share on other sites More sharing options...
lamchops Posted March 12, 2020 #182 Share Posted March 12, 2020 20 minutes ago, mnsweeps said: I think $4 to $6 is what I am looking at if I have to buy.... 9 minutes ago, Lupush said: That's what I was thinking. Even at that price it's a risky play. You just have to go on 4-6 cruises before they go bankrupt to be in the gravy! Some people are going to have to do 30+ cruises☹️ 1 1 Link to comment Share on other sites More sharing options...
IrieBajan54 Posted March 12, 2020 #183 Share Posted March 12, 2020 28 minutes ago, Lupush said: That's what I was thinking. Even at that price it's a risky play. . Why? I currently have 4 CruiseNext. If NCL goes bankrupt, I out of $500. So spending $400 to $600 for a 100 shares isn't much different risk-wise. Link to comment Share on other sites More sharing options...
Rare luv2kroooz Posted March 12, 2020 #184 Share Posted March 12, 2020 1 minute ago, IrieBajan54 said: . Why? I currently have 4 CruiseNext. If NCL goes bankrupt, I out of $500. So spending $400 to $600 for a 100 shares isn't much different risk-wise. True, but the 4 cruise next is spent money. The money for the cruise stock is still in your pocket. I took a blind risk on it $20, so I'm way underwater in just a couple days. 😞 At $4, I'd probably buy some more...pure gamble. 2 Link to comment Share on other sites More sharing options...
spanishguy1970 Posted March 12, 2020 #185 Share Posted March 12, 2020 On 3/9/2020 at 1:09 PM, Laszlo said: Going to buy a bunch when it hits about $8-9, then hope the company doesn't go bankrupt Lol. I'm waiting for any announcement from they have halted any work on new ships is 9.65 today Link to comment Share on other sites More sharing options...
Rare Lupush Posted March 12, 2020 #186 Share Posted March 12, 2020 50 minutes ago, MoniMommy said: So with stock this low will they still be giving out that 100 OBC for owning 100 shares? I would not be surprised if they stop that program once things settle down. With that said however, I say it all the time on these boards that if you're buying stock to get OBC you are buying it for the completely wrong reason. 3 Link to comment Share on other sites More sharing options...
IrieBajan54 Posted March 12, 2020 #187 Share Posted March 12, 2020 (edited) @blcruising True, but the 4 cruise next is spent money. The money for the cruise stock is still in your pocket. I took a blind risk on it $20, so I'm way underwater in just a couple days. 😞 At $4, I'd probably buy some more...pure gamble. Back in the late 90's, I used to own Carnival and RCI stock. Eventually got rid of individual stocks. Since people on CC have been bragging about getting OBC ($100 and up depending on length of cruise), I was thinking of buying 100 and no more. I do longer cruises so should get the higher OBC each time. Furthermore, if it hits $4 to $6 a share, I could recoup my investment after 3-4 cruises. The OBC would be my dividends😃 Edited March 12, 2020 by IrieBajan54 add quote 2 Link to comment Share on other sites More sharing options...
Rare Lupush Posted March 12, 2020 #188 Share Posted March 12, 2020 2 minutes ago, IrieBajan54 said: Back in the late 90's, I used to own Carnival and RCI stock. Eventually got rid of individual stocks. Since people on CC have been bragging about getting OBC ($100 and up depending on length of cruise), I was thinking of buying 100 and no more. I do longer cruises so should get the higher OBC each time. Furthermore, if it hits $4 to $6 a share, I could recoup my investment after 3-4 cruises. The OBC would be my dividends😃 Same here I typically stay in mutual funds, however in a market like this I do like to do some gambling. Agreed that the OBC is a bonus IF they continue the program. I just worry for some on here that got in while the knife is still falling to get OBC and are already badly under water. 1 Link to comment Share on other sites More sharing options...
Rare luv2kroooz Posted March 12, 2020 #189 Share Posted March 12, 2020 6 minutes ago, Lupush said: Agreed that the OBC is a bonus IF they continue the program. I just worry for some on here that got in while the knife is still falling to get OBC and are already badly under water. True, OBC is safe through a certain date and then needs renewed at the annual MTG. Not sure that is going to happen, and understandably so Link to comment Share on other sites More sharing options...
kollegekreed Posted March 12, 2020 #190 Share Posted March 12, 2020 Is it risky, though? At $5 a share you can buy 100 shares and get onboard credit for the future (as long as the company doesn't’ go under) and the worst thing that happens if you lose $500? Many of us bring many times more than that into the casino. 3 Link to comment Share on other sites More sharing options...
fstuff1 Posted March 12, 2020 #191 Share Posted March 12, 2020 2 hours ago, Da-Painter said: I use to be a commodity broker, and traded oils, still trade them, we will always need oil. Use to trade PTEN, but it has really fallen out of bed, good company, but doesnt mean it cant go bankrupt. Good luck with COP!✌️ With Saudi and Russia going at oil war, is this a good time to triple short oil at $31/barrel? Link to comment Share on other sites More sharing options...
dasmonkey Posted March 12, 2020 #192 Share Posted March 12, 2020 39 minutes ago, kollegekreed said: Is it risky, though? At $5 a share you can buy 100 shares and get onboard credit for the future (as long as the company doesn't’ go under) and the worst thing that happens if you lose $500? Many of us bring many times more than that into the casino. This! at that point you just look at picking up 100 shares as low key gambling. They hopefully comeback in time, you get the $100 OBC in the meantime. If they declare bankruptcy you shrug and write it off against your other stock gains. Link to comment Share on other sites More sharing options...
roger001 Posted March 12, 2020 #193 Share Posted March 12, 2020 The non refundable OBC is worth less and less. I had to leave $65 behind two weeks ago when it could no longer be used for gratuity vouchers for butler and concierge. Recent rule change from previous cruises. About all it is good for now is buying discounted NCL merchandise. Link to comment Share on other sites More sharing options...
IrieBajan54 Posted March 12, 2020 #194 Share Posted March 12, 2020 3 minutes ago, roger001 said: The non refundable OBC is worth less and less. I had to leave $65 behind two weeks ago when it could no longer be used for gratuity vouchers for butler and concierge. Recent rule change from previous cruises. About all it is good for now is buying discounted NCL merchandise. . Some pax use it to purchase CruiseNext or the balance on excursions over the $50 per port credit. Link to comment Share on other sites More sharing options...
dasmonkey Posted March 12, 2020 #195 Share Posted March 12, 2020 10 minutes ago, IrieBajan54 said: . Some pax use it to purchase CruiseNext or the balance on excursions over the $50 per port credit. I always just roll it over onto a CruiseNext certificate. That way it turns into "real" money and not junk. Link to comment Share on other sites More sharing options...
pokerpro5 Posted March 13, 2020 #196 Share Posted March 13, 2020 You can always use the "casino trick" to cash out OBC at 97% value. Unless that has changed in the past 2 years since I was last aboard. While a stock price of $4-$6 isn't out of the question (it closed at $9.65 today), it is NOT a good buy until the uncertainty of both COVID-19 and the cruise industry itself calms down. This includes: 1) Is COVID-19 under control and well understood? (Today the answer is NO). 2) Is NCL likely to operate for awhile without fear of shutdown? (Today the answer is NO). 3) Is the medium-term financial health of NCL stable enough to confidently say it will be able to continue operation for the next few years, without bankruptcy? (Today the answer is UNCERTAIN). Until you get YES for all three (especially #1 and #2), DO NOT BUY, 1 Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted March 13, 2020 #197 Share Posted March 13, 2020 I wonder how many shares the NCL CEO and other NCL execs own? They have to be crying in their beer right about now. Ouch. Link to comment Share on other sites More sharing options...
don't-use-real-name Posted March 13, 2020 #198 Share Posted March 13, 2020 1 hour ago, roger001 said: The non refundable OBC is worth less and less. I had to leave $65 behind two weeks ago when it could no longer be used for gratuity vouchers for butler and concierge. Recent rule change from previous cruises. About all it is good for now is buying discounted NCL merchandise. A way around the N/R OBC not being used for crew Butler Concierge gratuity - ask the crew member if there is anything in the gift shop they would like and buy that in lieu of the gratuity - the crew member could use this as barter in trade for something else. Yes I know seems rather tacky but you don't have the ready cash at hand and are limited with options and you do want to tip the crew member - think outside of the confined box that NCL is using. Link to comment Share on other sites More sharing options...
boomhower Posted March 13, 2020 #199 Share Posted March 13, 2020 I bought at close to $20 and dumped it at $13.50 before the market opened this morning for a quick $600 loss. If it get 's into the $5 range I may try my luck at that price. Holding onto my Carnival stock though. It's the small size of NCL that makes me less confident they will see it through. Link to comment Share on other sites More sharing options...
Farts Posted March 13, 2020 #200 Share Posted March 13, 2020 If they discontinue the obc, then the stock will take another big hit imo. pure conjecture of course. Link to comment Share on other sites More sharing options...
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