Himself Posted June 10, 2020 #26 Share Posted June 10, 2020 It is going for 22.16 per share at the moment Link to comment Share on other sites More sharing options...
KirkNC Posted June 10, 2020 #27 Share Posted June 10, 2020 (edited) 2 hours ago, Hlitner said: Had to laugh at the topic (stock rebounding). So now it is at about $22 per share as compared to its previous year's high of $53.86. In my investment world this is far from a rebound. Hank Come on Hank, you never knew anyone who loses money in the stock market or the casino, everybody's a winnnnner 🤪 Edited June 10, 2020 by KirkNC Link to comment Share on other sites More sharing options...
dockman Posted June 10, 2020 #28 Share Posted June 10, 2020 From $8 to $22 is a bigger percentage rebound than from $22 to $53 according to my calculator. It all depends on how you describe rebounding and from what level. I for one am enjoying the rebound but i suspect it will be a long and rocky road before it reaches the $53 level again. Link to comment Share on other sites More sharing options...
Rare cruisemom42 Posted June 10, 2020 #29 Share Posted June 10, 2020 This timid investor is feeling like a genius -- I bought when it was below 9 and sold Monday morning for just over 24, lol. I was going to just hang onto it for the OBC but given some things I heard over the weekend I thought this might be the time to sell... I can always buy again when Carnival announces they have to scrap their August cruises and the stock tanks again... 1 1 Link to comment Share on other sites More sharing options...
Rare kazu Posted June 10, 2020 #30 Share Posted June 10, 2020 1 hour ago, cruisemom42 said: This timid investor is feeling like a genius -- I bought when it was below 9 and sold Monday morning for just over 24, lol. I was going to just hang onto it for the OBC but given some things I heard over the weekend I thought this might be the time to sell... I can always buy again when Carnival announces they have to scrap their August cruises and the stock tanks again... Good for you 😄 Link to comment Share on other sites More sharing options...
rkacruiser Posted June 10, 2020 #31 Share Posted June 10, 2020 On 6/8/2020 at 12:09 PM, dockman said: shoulda coulda 5 hours ago, iancal said: For those who bought at the low point....now is the time to sell, take the money, and RUN. Very tempting to do even with this investor who missed this year's low, but is a long time investor who had invested during the lows of 2008/2009. Link to comment Share on other sites More sharing options...
iancal Posted June 10, 2020 #32 Share Posted June 10, 2020 (edited) 1 hour ago, cruisemom42 said: This timid investor is feeling like a genius -- I bought when it was below 9 and sold Monday morning for just over 24, lol. I was going to just hang onto it for the OBC but given some things I heard over the weekend I thought this might be the time to sell... I can always buy again when Carnival announces they have to scrap their August cruises and the stock tanks again... Smart...very smart. Realize your gains and walk. Between the cash burn and the continual cancellation of cruises I believe believe that you hit it right on both ends. Watch out for another opportunity. Well played. Sure beats holding on to an FCC! Edited June 10, 2020 by iancal Link to comment Share on other sites More sharing options...
Rare ontheweb Posted June 11, 2020 #33 Share Posted June 11, 2020 5 hours ago, Hlitner said: Had to laugh at the topic (stock rebounding). So now it is at about $22 per share as compared to its previous year's high of $53.86. In my investment world this is far from a rebound. Hank And before that if I remember correctly it was as high as the low 70s. Link to comment Share on other sites More sharing options...
rkacruiser Posted June 11, 2020 #34 Share Posted June 11, 2020 32 minutes ago, ontheweb said: And before that if I remember correctly it was as high as the low 70s. The 52 week high is $53.71. In the $70's? Not so sure about that? Link to comment Share on other sites More sharing options...
Rare richwmn Posted June 11, 2020 #35 Share Posted June 11, 2020 25 minutes ago, rkacruiser said: The 52 week high is $53.71. In the $70's? Not so sure about that? Looking at a 5 year graph, the high of 71.65 was achieved on 1/22/18 Link to comment Share on other sites More sharing options...
billbunger Posted June 11, 2020 #36 Share Posted June 11, 2020 (edited) 10 hours ago, iancal said: For those who bought at the low point....now is the time to sell, take the money, and RUN. Bobbie Sue, whoa, whoa, she slipped awayBilly Joe caught up to her the very next dayThey got the money, heyYou know they got awayThey headed down south and they're still running todaySingin' go on take the money and runGo on take the money and runGo on take the money and runGo on take the money and runGo on take the money and runGo on take the money and runGo on take the money and runGo on take the money and run Courtesy Steve Miller Edited June 11, 2020 by billbunger Link to comment Share on other sites More sharing options...
iancal Posted June 11, 2020 #37 Share Posted June 11, 2020 (edited) Given the state of the covid in the US I would be very surprised to see any sailings from the US before the end of rhe year. And even If there are, chances are very few, if any ,foreign ports will allow those ships in port. There are people who believe that we are on the tail end of this. iMHO this could not be further from the truth. It might depend on who you believe, or trust. The public health experts or the politicians. iMHO the cruise lines have a huge self interest in letting people believe that there will be cruises In late summer or fall. Bookings, rebookings, FCC’s is the name of the game. Plus the fear that many prospective customers will give up on their cruise dream and allocate those dollars to some other travel product or pastime. All the while their cash burn rate continues to march forward. I suspect selling at 24 was smart, very smart. Past highs are completely meaningless. Edited June 11, 2020 by iancal 1 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted June 11, 2020 #38 Share Posted June 11, 2020 10 hours ago, rkacruiser said: The 52 week high is $53.71. In the $70's? Not so sure about that? With a google search, I found 71.94 on 1/29/2018. That surely qualifies as low 70s. Link to comment Share on other sites More sharing options...
DFD1 Posted June 11, 2020 #39 Share Posted June 11, 2020 This will be a very shallow rebound. Long term looks weary, to say the least. Link to comment Share on other sites More sharing options...
KirkNC Posted June 11, 2020 #40 Share Posted June 11, 2020 After the last few days you might need to change the title of the thread. Link to comment Share on other sites More sharing options...
dockman Posted June 11, 2020 #41 Share Posted June 11, 2020 the tide comes in, the tide goes out 2 Link to comment Share on other sites More sharing options...
npcl Posted June 12, 2020 #42 Share Posted June 12, 2020 Considering that you have people bidding up bankrupt companies (Hertz) whose equity value is expected to end up zero, this market is anything but logical. Link to comment Share on other sites More sharing options...
vicd1969 Posted June 12, 2020 #43 Share Posted June 12, 2020 Back to almost $20 this morning so far. Owning CCL during these times is like sailing the Drake passage! 1 Link to comment Share on other sites More sharing options...
Rare Gail & Marty sailing away Posted June 12, 2020 #44 Share Posted June 12, 2020 On 6/10/2020 at 7:20 PM, rkacruiser said: Very tempting to do even with this investor who missed this year's low, but is a long time investor who had invested during the lows of 2008/2009. I bought 100 shares in 2000 for one reason the OBC I get on every Booking we go on a CCl ship I am guessing about 125 Bookings to date . Link to comment Share on other sites More sharing options...
rkacruiser Posted June 12, 2020 #45 Share Posted June 12, 2020 9 hours ago, vicd1969 said: Back to almost $20 this morning so far. Owning CCL during these times is like sailing the Drake passage! Sailing the Drake passage at its worse! Link to comment Share on other sites More sharing options...
drsel Posted June 12, 2020 #46 Share Posted June 12, 2020 there is a rational and logical way to invest in a stock which fluctuates wildly like carnival. Buy1 share at 20, 2 shares at 193 shares at 18 4 shares at 17 and so on So if it falls to 11, you will end up with 55 shares.And if it falls to 1 you will end up with 210 shares You can also use a multiple of 10 if you want to invest much more.Then if it falls to 11, you will end up with 550 shares.And if it falls to 1 you will end up with 2100 shares. But you will always have bought the maximum number of shares at the lowest price! Unless the Carnival group goes bankrupt (I don't think it will), you will make a huge profit 1 Link to comment Share on other sites More sharing options...
rkacruiser Posted June 12, 2020 #47 Share Posted June 12, 2020 3 hours ago, Gail & Marty sailing away said: I bought 100 shares in 2000 for one reason the OBC I get on every Booking we go on a CCl ship I am guessing about 125 Bookings to date . You are well ahead of me as to the OBC for such an investment. I invested and have continued to do so because I believed in the business model of CCL. The OBC was an additional perk. It's a tax-free dividend when received. The business model may have to change. Change in a very major way, I think, in comparison to "what once was". If so, how will the public react? I do not view my investment in CCL or RCI as an opportunity to "deserve" OBC. I view it as an "investment". "When to hold 'em? When to fold 'em?" That's where I am at. Link to comment Share on other sites More sharing options...
rkacruiser Posted June 12, 2020 #48 Share Posted June 12, 2020 10 minutes ago, drsel said: there is a rational and logical way to invest in a stock which fluctuates wildly like carnival. Buy 1 share at 20, 2 shares at 19 3 shares at 18 4 shares at 17 and so on So if it falls to 11, you will end up with 55 shares. And if it falls to 1 you will end up with 210 shares You can also use a multiple of 10 if you want to invest much more. Then if it falls to 11, you will end up with 550 shares. And if it falls to 1 you will end up with 2100 shares. But you will always have bought the maximum number of shares at the lowest price! Unless the Carnival group goes bankrupt (I don't think it will), you will make a huge profit That would mean that one would have to become a "day trader" I think. Such a scenario does not fit my investment style. Link to comment Share on other sites More sharing options...
drsel Posted June 13, 2020 #49 Share Posted June 13, 2020 That would mean that one would have to become a "day trader" I think. Such a scenario does not fit my investment style. You just put all the orders according to the table shown and forget about it. No need to watch the screen or price movement.1 or more orders may get executed over the next few days or weeks.The more the price falls, the more you will collect.Don't sell until the pandemic is under control or a vaccine is available.This is passive systematic investment, it does not need to be monitored. Certainly not day trading , where you actively buy and sell many times a day. Link to comment Share on other sites More sharing options...
iancal Posted June 13, 2020 #50 Share Posted June 13, 2020 I would expect this stock to go one way. Down. In all likelihood no realizable customer revenue until 2021. 1 Link to comment Share on other sites More sharing options...
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