Is it time to buy CCL stock

[schwesterellibelli]

3 hours ago, ALWAYS CRUZIN said:

My wife and I both have 500 shares each

Does that mean you both get OBC each ?

[n6uqqq]

2 hours ago, schwesterellibelli said:

Does that mean you both get OBC each ?

Only if you book separate rooms. Only one shareholder OBC credit allowed per room.

[schwesterellibelli]

Thank you.

[DANCING GRANDMOMMY]

We bought it in March at $15.00. Thinking the only way we will lose it is if they file bankruptcy, otherwise I am sure it will go back up. 

 

[nhraformula00]

I bought 300 shares back in March for 10.70 a share. My son sold one of his cars back then and bought 1,000 shares 3 days before me at $8.00 a share . About 2 months ago on June 8, he sold his shares at $25.00 and made a profit of $17,000 and bought back  ( 500 shares ) in on July 7 at $14.50 per share $7,200. He made about $ 10K in a few months playing the highs and lows. Yes i should of done the same but I do not play the market like he does.

[drsel]

I bought 300 shares back in March for 10.70 a share. My son sold one of his cars back then and bought 1,000 shares 3 days before me at $8.00 a share . About 2 months ago on June 8, he sold his shares at $25.00 and made a profit of $17,000 and bought back  ( 500 shares ) in on July 7 at $14.50 per share $7,200. He made about $ 10K in a few months playing the highs and lows. Yes i should of done the same but I do not play the market like he does.

What is his strategy ? does he use candlesticks or technical analysis?

 

[Nic6318]

On 8/17/2020 at 10:28 AM, drsel said:

The most logical way to buy Carnival is to buy

1 share. @15

2 shares @14

3 shares @13

 

And so on.

This way you will always buy the maximum number of shares at the lowest price.

Also your investment and risk will be very low, quite possibly the lowest of all investors.

if you want to invest much more, then use a multiple of 5 or 10

Hold and book profit when Cruises resume.

 

 

 

 

 

 

 

Hi

... or lose everything if they go bankrupt. 

 

Why do people keep thinking it is a good idea to invest in a company that isn't in business at this time and nobody really knows if they will ever be able to resume before running out of money.

 

There are many other companies, that have been mentioned here, like FB, Apple, Amazon, they are conducting business and making money. That is what a company is supposed to do. If you look you will also see, they all have almost doubled their share prices in the last four months. They aren't hoping for a miracle to succeed. 

 

... but who am I to second guess. The Saudi's more than doubled their money by investing in a failing industry, you may too, it's just not typically the way you do it. 

 

by the way, for those holding their 100 shares for the OBC, have you considered, that may be a thing of the past as well (even if they don't go under). That's a major consideration about everything that is happening to this industry, nobody really knows anything about the future because of the pandemic. Just look at what John H. has been say as each month passes by, a hope and a prayer. 

 

good luck, of course this isn't an investment forum. 

 

 

[drsel]

Many are not expecting Carnival to go bankrupt, because they are too big to fail, just like CitiBank in 2008 and airlines in 2008 and after 9/11

 

 

[Nic6318]

1 hour ago, drsel said:

Many are not expecting Carnival to go bankrupt, because they are too big to fail, just like CitiBank in 2008 and airlines in 2008 and after 9/11

 

 

 

good luck with that thinking

[ALWAYS CRUZIN]

Just now, Nic6318 said:

 

good luck with that thinking

I think he is correct. Carnival will continue for sure. 

[ALWAYS CRUZIN]

1 hour ago, Nic6318 said:

 

Hi

... or lose everything if they go bankrupt. 

 

Why do people keep thinking it is a good idea to invest in a company that isn't in business at this time and nobody really knows if they will ever be able to resume before running out of money.

 

There are many other companies, that have been mentioned here, like FB, Apple, Amazon, they are conducting business and making money. That is what a company is supposed to do. If you look you will also see, they all have almost doubled their share prices in the last four months. They aren't hoping for a miracle to succeed. 

 

... but who am I to second guess. The Saudi's more than doubled their money by investing in a failing industry, you may too, it's just not typically the way you do it. 

 

by the way, for those holding their 100 shares for the OBC, have you considered, that may be a thing of the past as well (even if they don't go under). That's a major consideration about everything that is happening to this industry, nobody really knows anything about the future because of the pandemic. Just look at what John H. has been say as each month passes by, a hope and a prayer. 

 

good luck, of course this isn't an investment forum. 

 

 

You invest into a business when the price is low. it is always a gamble no matter when you buy. If you cannot afford to get burnt, than do not go into the fire. Simple!

[ALWAYS CRUZIN]

2 hours ago, drsel said:

What is his strategy ? does he use candlesticks or technical analysis?

 

Logic.

[TNcruising02]

29 minutes ago, ALWAYS CRUZIN said:

Logic.

Exactly.   It's really not hard when the stock goes up and down, up and down.  Although stocks are always a gamble, I am gambling on them not going bankrupt in a month's time.

Edited August 18, 2020 by TNcruising02

[Nic6318]

58 minutes ago, ALWAYS CRUZIN said:

You invest into a business when the price is low. it is always a gamble no matter when you buy. If you cannot afford to get burnt, than do not go into the fire. Simple!

 

Hi 

 

yes. but in this case there is no business. There are only ships and lots of debt. 

 

Very many things have to fall in exactly the right way for there to be even a chance of success. Investing is not a gamble. If you don't understand this, then you are missing something. If you want to gamble, then a casino would be more appropriate.

[ALWAYS CRUZIN]

1 hour ago, Nic6318 said:

 

Hi 

 

yes. but in this case there is no business. There are only ships and lots of debt. 

 

Very many things have to fall in exactly the right way for there to be even a chance of success. Investing is not a gamble. If you don't understand this, then you are missing something. If you want to gamble, then a casino would be more appropriate.

Nothing is required to fall in exactly the right way. Once the cruising begins, the stocks will go up. Investing IS a gamble. You may not be very familiar with the stock market investing. If you do invest, yo must be doing it in small denominations.

Unless you can for see the future, it is always gamble. If it was not a gamble, everyone would be doing it. Picking one good companies stock and sticking with it is a smart idea if you do not have a lot to loose. ie Walmart. In a matter of minuets you can loose a lot. When the stocks took a major dump a few years back. All you needed to do was pick an old solid company and invest. You would have made a killing. I did. Just should have invested more than I did.

[ALWAYS CRUZIN]

My wife and I had 100 shares each of Carnival stock which we paid $58.00 per share a while back. On April 2, 2020 she purchased 400 shares and I purchased 400 shares. We bought it at $7.96 a share. Simple math will tell you we made a great investment. It will be very interesting to see what the stock will be a year from now. NOT IF Carnival is still in business, but to see how much better they will do with new ships and better safety for all.

[Nic6318]

33 minutes ago, ALWAYS CRUZIN said:

Nothing is required to fall in exactly the right way. Once the cruising begins, the stocks will go up. 

 

Hi

 

Sorry, but you are contradicting yourself. As you say... "once cruising begins". That's a requirement, which as I pointed out, nobody knows when this will happen. So, obviously, that first "requirement" needs to happen within a certain amount of time, or the existing cruise lines will not be existing as they are now. That is also a "requirement". How can you not see these things as something that needs to happen before these companies can start making money again? If you don't recognize that, I can't help you. If you are willing to acknowledge that, then you might ask the question as to how those things might come to pass. There you might find another stumbling block.

 

I am not here to convince you not to invest in a company that is losing money every day, with no actual end in sight. After all you think investing is similar to gambling. If that is how you make your investment decisions, then it is a gamble. 

 

As I mentioned before, this isn't an investment site and I hope nobody really decides on their investments based on what is said here.

[ALWAYS CRUZIN]

16 minutes ago, Nic6318 said:

 

Hi

 

Sorry, but you are contradicting yourself. As you say... "once cruising begins". That's a requirement, which as I pointed out, nobody knows when this will happen. So, obviously, that first "requirement" needs to happen within a certain amount of time, or the existing cruise lines will not be existing as they are now. That is also a "requirement". How can you not see these things as something that needs to happen before these companies can start making money again? If you don't recognize that, I can't help you. If you are willing to acknowledge that, then you might ask the question as to how those things might come to pass. There you might find another stumbling block.

 

I am not here to convince you not to invest in a company that is losing money every day, with no actual end in sight. After all you think investing is similar to gambling. If that is how you make your investment decisions, then it is a gamble. 

 

As I mentioned before, this isn't an investment site and I hope nobody really decides on their investments based on what is said here.

First I do not need nor want your help. Second, you are having a problem with comprehension.. Can't help you either.

[ALWAYS CRUZIN]

 You did say this. Which is NOT correct at all. "Very many things have to fall in exactly the right way for there to be even a chance of success." You need to read what you wrote very carefully. 

[ALWAYS CRUZIN]

7 hours ago, nhraformula00 said:

I bought 300 shares back in March for 10.70 a share. My son sold one of his cars back then and bought 1,000 shares 3 days before me at $8.00 a share . About 2 months ago on June 8, he sold his shares at $25.00 and made a profit of $17,000 and bought back  ( 500 shares ) in on July 7 at $14.50 per share $7,200. He made about $ 10K in a few months playing the highs and lows. Yes i should of done the same but I do not play the market like he does.

I give him kudos for what he did. No risque no gain. Every business man takes a risque. If he does not make it. All he will hear is. I told you so. However if he does make it. All he will hear. Boy you were lucky. Those that condemn a rich man would have never taken a risque to become one. Our great america became one because of the risque factor. Any business I had, I never gave it on thought of why I cannot make it doing this. Find a need and fill it. Simple as that.

[EscapeFromConnecticut]

58 minutes ago, Nic6318 said:

 

Hi

 

Sorry, but you are contradicting yourself. As you say... "once cruising begins". That's a requirement, which as I pointed out, nobody knows when this will happen. So, obviously, that first "requirement" needs to happen within a certain amount of time, or the existing cruise lines will not be existing as they are now. That is also a "requirement". How can you not see these things as something that needs to happen before these companies can start making money again? If you don't recognize that, I can't help you. If you are willing to acknowledge that, then you might ask the question as to how those things might come to pass. There you might find another stumbling block.

 

I am not here to convince you not to invest in a company that is losing money every day, with no actual end in sight. After all you think investing is similar to gambling. If that is how you make your investment decisions, then it is a gamble. 

 

As I mentioned before, this isn't an investment site and I hope nobody really decides on their investments based on what is said here.

Nic6318 - All good points.
   You are right. Investing is neither Powerball nor roulette. And projecting the next year's outlook for a business may be neither science flawless, but it's not guesswork or Magic 8 Ball either. (In that way, it's a bit like forecasting the future of cruising during a global pandemic.)
   In the case of CCL, NCL or RCI, the mid-term future looks choppy at best. 
   Still, there are some folks who decline to see that. They just won't. Oh well.
   
 

[coevan]

1 hour ago, ALWAYS CRUZIN said:

Nothing is required to fall in exactly the right way. Once the cruising begins, the stocks will go up. Investing IS a gamble. You may not be very familiar with the stock market investing. If you do invest, yo must be doing it in small denominations.

Unless you can for see the future, it is always gamble. If it was not a gamble, everyone would be doing it. Picking one good companies stock and sticking with it is a smart idea if you do not have a lot to loose. ie Walmart. In a matter of minuets you can loose a lot. When the stocks took a major dump a few years back. All you needed to do was pick an old solid company and invest. You would have made a killing. I did. Just should have invested more than I did.

 

 

You really need to do some research, 50% of my holdings are stocks, mutual funds and bonds. Historically the market has a 10% yearly gain for last 20 years. Of course there is alway and always will be hiccups like 2008. Apparently the market has been relatively unaffected by Covid, except the leisure industry. The tech section is still exploding. I do NOT see the market as a gamble, but a long term investment which has done quite well in the last 20 years. Day trading travel stocks is gambling.

[chipmaster]

On 8/17/2020 at 12:37 PM, TNcruising02 said:

 

The airline stocks have been a nice money maker lately.  They fluctuate a lot and I predict they will continue to fluctuate until there is a vaccine. It's a good trading market for these types of stocks.  I recently sold several for some nice profits and will buy back at the dips.  And to think that it all started when someone posted the Carnival stock thread.  I figured I would buy 100 shares to get the OBC, but then I saw the great potential for those fluctuating stocks.  A roller coaster is a good thing for trading, in my opinion.  

My original 100 shares of Carnival turned out to be free since I made my money back by buying it several times at dips.  Pretty cool.
 

 

As long as one doesn't confusing playing the market versus investing, and does't mind catching falling knives or looking for dead cat bounces, just don't be the last one running for the door.

[Eli_6]

Carnival and CUK both got down to around $8 at one point.  I picked up 200 shares so when I cruise with my kids I can book my husband and I in separate rooms and get two on board credits.  Also picked up a few RCL at $22 to 28. Wish I had gotten more because I am about 30 shares short of the 100 needed for the OBC with RCL and Celebrity but now it is up to $60+ a share.  

[drsel]

I think the share price movement will tell you of the rising or sinking fortunes of the three major Cruise lines Carnival, Royal Caribbean and Norwegian