CCL stock dips below 40

[chipmaster]

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. 

[Saint Greg]

3 minutes ago, coevan said:

 

 

how are you feeling now?

 

Better than I am having bought at $46 last year.

[chipmaster]

1 hour ago, TNcruising02 said:

It keeps dropping.  I wonder when it will hit the bottom.

 

It ain't even close yet... 😞

[iamsteph]

I wonder what Carnival's CEO and Pres are thinking right now...

[chipmaster]

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

[chipmaster]

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

[LynnTH]

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.

[N7786W Flyer]

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

 

 

 

[rudoja00]

I'm almost certainly going to scoop up 100 or 200 shares on Friday.

[CandR314]

In for 100 @ $7.96

[gkbiiii]

I wonder how Carnival would fair with Barron's RCL article?

[coevan]

39 minutes ago, Saint Greg said:

 

Better than I am having bought at $46 last year.

 

 

I was quoting Lynn

[Stick93]

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

[DimmieCO]

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

[wlc108]

Wow, it hit $8.69 per share.

[Saint Greg]

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

[bury me at sea]

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.

[ALWAYS CRUZIN]

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.

[LJN22]

I just bought 100 shares at $8.50 a share.  I wonder how far down this thing will go.

[bury me at sea]

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.

[cruisingnewtoit]

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.  

[mnp75]

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!

[coevan]

FYI, this isn't monopoly money. How anyone can invest in a company not operating and with no income is beyond me

[jimbo5544]

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

[coevan]

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.