CCL stock dips below 40

[cruisingnewtoit]

4 hours ago, coevan said:

 

 

what are you looking at? CCL is down $2 today.

 

 

 

 

They did yesterday, lowered to .25

When I checked CCL was up so was RCL. I thought the drop would be steep. 

[coevan]

$14.57 today, selling my 200 shares for $34 is looking pretty good right now.

[john91498]

46 minutes ago, coevan said:

$14.57 today, selling my 200 shares for $34 is looking pretty good right now.

 

Buy back in when it hit's rock bottom

[coevan]

that's the plan Stan, the only question is......... 

 

I am sticking with savings interest until this is over

[sfaaa]

Best investment right now is toilet papers.

[Illbcruzn4life]

On 3/15/2020 at 10:22 PM, boomhower said:

 

Pretty much what I have been saying but seems to be poo pooed on by most.  I'd love a transcript of the call he had prior to the announcement that they shut down for a month.  Yes I know Carnival was the last.  A bailout doesn't just have to be a boat load of cash.  (pun intended) . But can be very very low interest loans to get them through the period of little to no cashflow.  I would also not be surprised for the creditors to forgive penalties until the ships are sailing again.  Them going bankrupt and selling assets is not likely to full fill the billions of loans they have out for all the new ships that have been ordered.  While the ships are flagged in foreign ports the vast majority of cruise fares are paid in the states and hence taxed.  It is going to be an interesting summer.  I have 100 Canival I bought at $33.  Likely but another 50 or and I'll pick up some RCL as well.  Dont cruise them but it's cheap with a good dividend. 

 

how much would you estimate each person pays in taxes per cruise?

[Elbozi]

The stock is going sub $5.   It's going to be a blood bath.  I hope they can survive this.    

[darth frosty]

7 hours ago, Elbozi said:

The stock is going sub $5.   It's going to be a blood bath.  I hope they can survive this.    

I found this to be an interesting insight into their 'books'.

 

 

[AHS123]

12 hours ago, coevan said:

that's the plan Stan, the only question is......... 

 

I am sticking with savings interest until this is over

Now is not the time to invest in stocks for many, Carnival stock or otherwise. Your business has been shuttered by the state Public Health Department, best of luck during this difficult time.

[sanmarcosman]

Good morning:

Market Summary > Carnival Corp

NYSE: CCL

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13.96 USD −0.61 (4.19%)

Mar 17, 9:43 AM EDT · Disclaimer

[biff09]

Didn’t own any before all this, but I started buying around 25, just putting a bit in a little here and there.  Just bought some more in the 13.90’s.  Great value to be had here IMHO.

 

[TNcruising02]

I wonder if it will drop even lower once it's announced that cruises will be cancelled for an additional 4 weeks.  (That's my guess that they will be cancelled, I really have no idea).  I really want to purchase more shares.

[lottiegreen56]

It's going to $6.50. I keep talking myself out of pulling the trigger on buying thankfully! I am going to use double the cash I got from selling our shares in June and load up around $7.15

[ridgerunner51]

I just bought at $13.63 a share.  I see the price  right now is $12.675.

 

[mdin]

I've been thinking about investing in stocks for sometime now. Being that Carnival provides a product I use, I thought about maybe buying some shares from them. Now that 100 shares is within my budget, I may finally do it. For first timers, would it be wise to work with a professional?

[Wheelhouse]

CCL is still a short.   Common owners will not be bailed out.

[ridgerunner51]

1 minute ago, mdin said:

I've been thinking about investing in stocks for sometime now. Being that Carnival provides a product I use, I thought about maybe buying some shares from them. Now that 100 shares is within my budget, I may finally do it. For first timers, would it be wise to work with a professional?

 

This was my first time buying stock on my own.  My financial advisor suggested I set up a self-directed account at Merrill Edge.  There are no fees.

 

[john91498]

Just use your bank. I have a brokerage account through Wells Fargo.

[ALWAYS CRUZIN]

I use TD Ameratrade. So easy.

[Beach_gal]

2 hours ago, mdin said:

I've been thinking about investing in stocks for sometime now. Being that Carnival provides a product I use, I thought about maybe buying some shares from them. Now that 100 shares is within my budget, I may finally do it. For first timers, would it be wise to work with a professional?

You can easily do this on your own. I set up a second account in my husband's name yesterday and it's already funded. I'm waiting to buy 100 more. I use Fidelity and do almost everything on my phone. No fees. 

[ALWAYS CRUZIN]

With TD when I want money from my account it happens i a min or two. Now I have 400 and my wife 500 shares.

Todays purchase was $12.66 a share.

[Stick93]

38 minutes ago, ALWAYS CRUZIN said:

With TD when I want money from my account it happens i a min or two. Now I have 400 and my wife 500 shares.

Todays purchase was $12.66 a share.

Confidence in our investment!! I like that 

[nhraformula00]

https://www.marketwatch.com/story/here-are-the-industries-that-could-get-coronavirus-aid-from-the-us-government-2020-03-17?mod=mw_quote_news

[coevan]

6 hours ago, AHS123 said:

Now is not the time to invest in stocks for many, Carnival stock or otherwise. Your business has been shuttered by the state Public Health Department, best of luck during this difficult time.

 whose business? I'm retired

[coevan]

1 hour ago, Stick93 said:

Confidence in our investment!! I like that 

 

 

you guys got to be kidding, are you all in denial? What makes you think a company that is not operating or generating revenue is a good investment?