Carnival stock took a dive

[SeaBands]

but so did most of the others that we depend on to pay for our cruise.

[Kamloops50]

I have CCL stock only for the Shareholders benefit.

I don't have to depend on the stock market for cruising.

[bonvoyagebites]

The market has not been kind at all as of late.

[rkacruiser]

Maybe, the start of the long anticipated correction?

 

Time to buy?

 

My crystal ball is still cloudy, darn!

Edited August 21, 2015 by rkacruiser

[Gail & Marty sailing away]

CCL was not to bad I love the OBC from it

[sail7seas]

Save me searching....

 

what did it close at?

[Krazy Kruizers]

Save me searching....

 

what did it close at?

 

 

 

I think it closed at $48.31

[Krazy Kruizers]

We also don't depend on CCL stock for cruising or anything else.

For us it is still way above what we bought it at many years ago.

[Gail & Marty sailing away]

We also don't depend on CCL stock for cruising or anything else.

 

For us it is still way above what we bought it at many years ago.

For us it was $27

[Typhoon1]

The market has not been kind at all as of late.

 

Don't worry, we were due for a correction.

[sail7seas]

Thanks, KK.

[sppunk]

Don't worry, we were due for a correction.

 

This isn't really even the correction. It will likely drop extensively (maybe up to 30%) over the next several months.

[YubaSutter]

For us it was $27

 

For us it was $19/ share. Sold 750 shares @ $51

[SJSULIBRARIAN]

For us it is a stock we hold to collect dividends and OBC - at our age, income is what is important. It is still way above the price we purchased.

[antique sailor]

AHOY SHIPMATE

 

The drop in stock market this week really had nothing to do the individual stocks but was caused mostly by CHINA and a little by the GREEK economy.

I am ONLY referring to CUK and RCL.

 

SEA YA

[Keith1010]

Pretty much most stocks took a dive.

 

Keith

[Rusty Scupper]

Oil is way down and that is the good news for the cruise industry.

[serendipity1499]

This isn't really even the correction. It will likely drop extensively (maybe up to 30%) over the next several months.

 

Hope it won't go down that much!:eek:

 

For us it was $19/ share. Sold 750 shares @ $51

 

WOW you must have purchased more than 100 shares..We only purchased 100, & wish we had more.. This year for the first time we called & had our broker re-invest our dividends in more stock..:)

[SeaBands]

but many of the brokers and hedge fund managers who are causing this belong in THE HOUSE OF CORRECTION. Individual stock holders aren't dumping.

[serendipity1499]

but many of the brokers and hedge fund managers who are causing this belong in the house of correction. Individual stock holders aren't dumping.

 

lol!!!:d:d

Edited August 22, 2015 by serendipity1499

[sppunk]

but many of the brokers and hedge fund managers who are causing this belong in THE HOUSE OF CORRECTION. Individual stock holders aren't dumping.

 

It's going to be a long ride. China will devaluate imports/exports to bring down any other economy because they have a massive bubble with no true mechanism to let it self-correct. This is the iceberg's tip IMO.

[avian777]

... Time to buy?

 

My crystal ball is still cloudy, darn!

 

Be patient, as I'm certain that several CCers will be happy to answer your question (with the benefit of 20-20 hindsight) in a couple years ... "When the market bottomed out in XXX, I/we bought YYY000 shares of CCL stock at 10 cents a share - wish I had bought more!"

[sail7seas]

It's going to be a long ride. China will devaluate imports/exports to bring down any other economy because they have a massive bubble with no true mechanism to let it self-correct. This is the iceberg's tip IMO.

 

Some fear we are in for a severe Recession..... :eek:

 

The Feds were ready to raise interest rates but that isn't likely right now.

Going to be an interesting upcoming week with the Dow.

 

Interesting to watch Carnival stock along the way.

 

[sppunk]

Some fear we are in for a severe Recession..... :eek:

 

The Feds were ready to raise interest rates but that isn't likely right now.

Going to be an interesting upcoming week with the Dow.

 

Interesting to watch Carnival stock along the way.

 

 

The world economy, for sure it's possible. The USD will be stronger and stronger so it won't be felt here quite as badly in other countries (still no picnic, of course, as the market will shrink). Canada, Australia, Brazil and all of Asia all are facing a very bad economic situation dead in the eyes, unfortunately. :(