Carnival stock sinks toward a 30-year low as losses and revenue misses keep piling up

[caribill]

7 hours ago, geocruiser said:

6.32 USD−0.44 (6.43%)today

 

And again one of the most active stocks on the NYSE.

[chicgotgame]

Purchased 100 shares today at $6.17. I’ll get $600 in OBC this month from the SHB. 

[AtlantaCruiser72]

49 minutes ago, chicgotgame said:

Purchased 100 shares today at $6.17. I’ll get $600 in OBC this month from the SHB. 

If shares go to $0 your only out $17+brokerage fees - not too shabby

[CineGraphic]

58 minutes ago, chicgotgame said:

Purchased 100 shares today at $6.17. I’ll get $600 in OBC this month from the SHB. 

 

SCORE!

Enjoy your cruise(s)!

[Hello, Newman]

Here we are, one month later and CCL stock just closed the day at $10.35.  In the short span of 30 days the stock has gained over $4.00 per share.

[justafem]

I bought (most of) my 100 stocks at $8.20.  I had deposited $1000 (fidelity since they offered $100 bonus with a $1000 deposit).   

 

Then, when fidelity deposited the $100, I used the rest of the money left, plus the bonus and bought another 30 shares at $6.20.  

 

I've gotten $350 as on-board credit so far on princess, but have been denied every time on carnival. Then again, I only book casino rates on carnival, because I'm not impressed, but for a free room, I'll go (grudgingly).  

 

So my stock is now worth $1400 (for about 2 moments, we know how up and down this stock is).  

 

Don't care, I only bought it for the on-board credit. 

[paradiselivin1]

Same. Hate to say what we paid but we've lost more than that on other poor choices. I'll take the OBC and move on and not look back..

[justafem]

6 minutes ago, paradiselivin1 said:

Same. Hate to say what we paid but we've lost more than that on other poor choices. I'll take the OBC and move on and not look back..

I take it you owned stock from 'before'.  YIKES! 

[paradiselivin1]

3 minutes ago, justafem said:

I take it you owned stock from 'before'.  YIKES! 

Indeed. I guess we'll have to cruise more to make up for the loss...

[ontheweb]

51 minutes ago, justafem said:

I take it you owned stock from 'before'.  YIKES! 

Pre-covid, it was a wonderful investment. Not only was there the OBC, but also it went up in value and paid a dividend that at one point they doubled.

[Ombud]

On 10/2/2022 at 2:13 AM, caribill said:

But if you do not have any capital gains, the losses up to $1500 ($3000 for a joint return) can be deducted from ordinary income.

 

And if your loss exceeds the $1500/$3000 amount, it can be used to offset income in future years.

Yes I have CGs. So sold CCL and another for the tax loss 👍 and bought CUK @ 6.50. Somehow I never get the bottom (5.43) but not too shabby. Will roll a tiny bit over ... the 1st qtr was great

[justafem]

31 minutes ago, ontheweb said:

Pre-covid, it was a wonderful investment. Not only was there the OBC, but also it went up in value and paid a dividend that at one point they doubled.

I believe it'll get back there. I truly do.  There are so many diehards that WANT to cruise and so many newbies that were told for years they couldn't unless they got the jab.  

 

Ships are filling.  My last couple were at 95%.  I've watched it go from 71 pax on the first cruise out to bursting.  

 

Yeah, cruise lines are mortgaged up to their eyeballs, but we've all had economic setbacks that we bounced back from (years and years ago for us).  

 

That's why I keep buying while it costs nothing. 

[Ombud]

Shouldnt it look better after 12/31/22 whrn a lot of unused goodwill FCC expire?

[ontheweb]

10 hours ago, justafem said:

I believe it'll get back there. I truly do.  There are so many diehards that WANT to cruise and so many newbies that were told for years they couldn't unless they got the jab.  

 

Ships are filling.  My last couple were at 95%.  I've watched it go from 71 pax on the first cruise out to bursting.  

 

Yeah, cruise lines are mortgaged up to their eyeballs, but we've all had economic setbacks that we bounced back from (years and years ago for us).  

 

That's why I keep buying while it costs nothing. 

Nice to see a post that is the opposite of "doom and gloom".