Cruise Line Stocks

[weregoingcruising]

The go way up then way down the last month. Why?

[grandgeezer]

47 minutes ago, weregoingcruising said:

The go way up then way down the last month. Why?

Way up…. It was so low, the only way to go is up. Keep in mind, the all time high was $133+ per share and it also paid a $3.16 per share, annual dividend which is gone.

Way down….. Easy answer. Massive debt, inflation, and drop in quality of the current product being offered. IMHO.

The majority of the stock transactions are done by institutional investors, the last I read was over 75%. These are people invest to make money, in most cases in a reasonable amount of time, so the obc offered to shareholders mean nothing.

[BEAV]

1 hour ago, weregoingcruising said:

The go way up then way down the last month. Why?

Here’s an ongoing discussion…

 

 

 

[Arizona Wildcat]

You are trying to explain the stock market?  Let me know if you do.

[DCPIV]

Everything has gone way down over the last week.

[shellunderwater]

Yeah, the recent drop is likely a factor of overall market issues.  Maybe a bit of investors deciding to take some profits when it up around $75-ish again.

 

But, its the stock market, so its all an assumption....

[bflohr]

I am not an expert by any means, but this chart makes it look oversold (below the bottom Bollinger band). Charts at best are only an indicator not a dictator of future prices. 

[BermudaBound2014]

IMO; due to the massive debt undertaking we haven't seen the bottom yet (although RCL is likely the strongest of those traded publicly). CCL will release on the 28th and that will push/pull RCL stock. You can see the pattern below. 

 

[mrgabriel]

6 hours ago, grandgeezer said:

 

The majority of the stock transactions are done by institutional investors.

 

YES. 

 

Moves in the stock market are NOT retail/individual investors deciding that they are upset about no free second lobster tail. Institutional investors follow broader trends in the market and they don't trade on sentiment - they trade on fact, and sometimes on trigger points.