chipmaster Posted March 18, 2020 #451 Share Posted March 18, 2020 2 minutes ago, gkbiiii said: There could be a great deal of money to be made here, but I dislike Royal's management, what they have done with their product, and won't invest a dime with them. Carnival on the other hand, is something I am interested in investing in. After doing a 10 day Acapulco/Mexico City trip this year: First Class from Miami, JR Suite at Acapulco Princess "All Inclusive," I am not going back to Royal anytime soon. Unlimited specialty dining, premium drinks, room service, etc., all for $4,000 including First Class air! There is no way I could get the same at Royal, for that price, even living in Miami Beach! The great deal of money will be companies that really are solid when this thing bottoms out. Anyone who sings the happiness of buying 100shares of xyz yesterday and another 100share today 10% lower and dollar cost averaging is funny. I'd rather start buying on the rise up then dollar cost average down. Anyone really think any stock beside consumer staples, and distribution have found their bottom, please tell me which ones and why, LOL I got all my empty bath tubs ready to go, just waiting for it to pour gold from the skies, don't want to fill it with dirty early drizzle of lead from the skies. 1 Link to comment Share on other sites More sharing options...
Rare Saint Greg Posted March 18, 2020 #452 Share Posted March 18, 2020 3 minutes ago, coevan said: how are you feeling now? Better than I am having bought at $46 last year. 1 Link to comment Share on other sites More sharing options...
chipmaster Posted March 18, 2020 #453 Share Posted March 18, 2020 1 hour ago, TNcruising02 said: It keeps dropping. I wonder when it will hit the bottom. It ain't even close yet... 😞 Link to comment Share on other sites More sharing options...
iamsteph Posted March 18, 2020 #454 Share Posted March 18, 2020 I wonder what Carnival's CEO and Pres are thinking right now... Link to comment Share on other sites More sharing options...
chipmaster Posted March 18, 2020 #455 Share Posted March 18, 2020 21 hours ago, mnp75 said: Picked up more at $12.55! Darn, buy some more and your average price will drop to 10 or so / share, and when it falls to 5 bucks increase it by 4x to dollar cost average to about 8 bucks or so, excellent indeed, LOL Link to comment Share on other sites More sharing options...
chipmaster Posted March 18, 2020 #456 Share Posted March 18, 2020 1 minute ago, iamsteph said: I wonder what Carnival's CEO and Pres are thinking right now... 0) How long will it last, 3 months, 6 months, 12 months, 2 years and for each what they would do for below 1) Preserve Cash 2) Cut Cost 3) Get more credit 4) How long will it last Link to comment Share on other sites More sharing options...
LynnTH Posted March 18, 2020 #457 Share Posted March 18, 2020 15 minutes ago, coevan said: how are you feeling now? Just fine. I really didn't expect it to go up anytime soon. Now thinking of buying another 100 shares. 1 Link to comment Share on other sites More sharing options...
N7786W Flyer Posted March 18, 2020 #458 Share Posted March 18, 2020 Interesting article at Barron's right now related to investing in RCL. Also covers the cruise industry in general. Garnett https://www.marketwatch.com/articles/why-would-anyone-buy-royal-caribbean-stock-heres-one-managers-bull-case-51584552360?mod=mw_latestnews 1 Link to comment Share on other sites More sharing options...
rudoja00 Posted March 18, 2020 #459 Share Posted March 18, 2020 I'm almost certainly going to scoop up 100 or 200 shares on Friday. Link to comment Share on other sites More sharing options...
CandR314 Posted March 18, 2020 #460 Share Posted March 18, 2020 In for 100 @ $7.96 1 Link to comment Share on other sites More sharing options...
gkbiiii Posted March 18, 2020 #461 Share Posted March 18, 2020 I wonder how Carnival would fair with Barron's RCL article? Link to comment Share on other sites More sharing options...
coevan Posted March 18, 2020 #462 Share Posted March 18, 2020 39 minutes ago, Saint Greg said: Better than I am having bought at $46 last year. I was quoting Lynn Link to comment Share on other sites More sharing options...
Stick93 Posted March 18, 2020 #463 Share Posted March 18, 2020 23 minutes ago, N7786W Flyer said: Interesting article at Barron's right now related to investing in RCL. Also covers the cruise industry in general. Garnett https://www.marketwatch.com/articles/why-would-anyone-buy-royal-caribbean-stock-heres-one-managers-bull-case-51584552360?mod=mw_latestnews intresting Link to comment Share on other sites More sharing options...
DimmieCO Posted March 18, 2020 #464 Share Posted March 18, 2020 (edited) It seems to me that the only way Carnival would actually go bankrupt would be if the banks called their loans and/or refused to allow additional credit. I can’t see an upside for the banks to do either, the only collateral is the ships and I don’t think the banks would want them with no other cruise line in a position to buy them. No, I believe the banks will help them ride this out. The stock is bouncing up right now because people are buying... the forecast is that it will still go a bit lower. Edited March 18, 2020 by DimmieCO 4 Link to comment Share on other sites More sharing options...
wlc108 Posted March 18, 2020 #465 Share Posted March 18, 2020 Wow, it hit $8.69 per share. Link to comment Share on other sites More sharing options...
Rare Saint Greg Posted March 18, 2020 #466 Share Posted March 18, 2020 (edited) 33 minutes ago, coevan said: I was quoting Lynn I know. Read my response again...or just ignore it. Edited March 18, 2020 by Saint Greg Link to comment Share on other sites More sharing options...
bury me at sea Posted March 18, 2020 #467 Share Posted March 18, 2020 2 hours ago, Saint Greg said: I'm holding out. I think it's going lower. I am holding out, not waiting for it to go lower. Waiting for it to hold after bottoming out. Buy on the way up, not on the way down. 1 Link to comment Share on other sites More sharing options...
ALWAYS CRUZIN Posted March 18, 2020 #468 Share Posted March 18, 2020 18 minutes ago, bury me at sea said: I am holding out, not waiting for it to go lower. Waiting for it to hold after bottoming out. Buy on the way up, not on the way down. The way up may only be a day or two. Then drop again. Link to comment Share on other sites More sharing options...
LJN22 Posted March 18, 2020 #469 Share Posted March 18, 2020 I just bought 100 shares at $8.50 a share. I wonder how far down this thing will go. Link to comment Share on other sites More sharing options...
bury me at sea Posted March 18, 2020 #470 Share Posted March 18, 2020 54 minutes ago, ALWAYS CRUZIN said: The way up may only be a day or two. Then drop again. Did you notice I said waiting for it to hold? I'm in no hurry. 1 Link to comment Share on other sites More sharing options...
cruisingnewtoit Posted March 18, 2020 #471 Share Posted March 18, 2020 I just heard that manufacturing plants are temporary closing in the USA and Canada this might impact people's ability to purchase cruises in the future. I am worried that the big Cruise Lines won't make it. I told myself I was going to buy the stock if it went below 10 but I just don't know anymore. They did bounce back after the recession. Link to comment Share on other sites More sharing options...
mnp75 Posted March 18, 2020 #472 Share Posted March 18, 2020 3 hours ago, chipmaster said: Darn, buy some more and your average price will drop to 10 or so / share, and when it falls to 5 bucks increase it by 4x to dollar cost average to about 8 bucks or so, excellent indeed, LOL Buying more under $8.00 tomorrow! This is my "play account" money! Link to comment Share on other sites More sharing options...
coevan Posted March 18, 2020 #473 Share Posted March 18, 2020 FYI, this isn't monopoly money. How anyone can invest in a company not operating and with no income is beyond me 1 Link to comment Share on other sites More sharing options...
Rare jimbo5544 Posted March 18, 2020 #474 Share Posted March 18, 2020 2 minutes ago, coevan said: FYI, this isn't monopoly money. How anyone can invest in a company not operating and with no income is beyond me It’s easy, it is a problem that will end 3 Link to comment Share on other sites More sharing options...
coevan Posted March 18, 2020 #475 Share Posted March 18, 2020 eventually, not easy for me, selling 200 shares at 35 already saved me $5000, 2 balcony cruises. I definitely will buy it back as soon as they start operating again. 1 Link to comment Share on other sites More sharing options...
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