angiem0217 Posted March 26, 2020 #601 Share Posted March 26, 2020 I wanted to buy at 9.90 and didn’t have money in my trade account. By the time I got it transferred it started going back up. I have been watching it for several weeks. When they announce tomorrow that they are extending that the ships will not sail in April will the stock drop again? Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
Rare ninjacat123 Posted March 26, 2020 #602 Share Posted March 26, 2020 4 minutes ago, angiem0217 said: I wanted to buy at 9.90 and didn’t have money in my trade account. By the time I got it transferred it started going back up. I have been watching it for several weeks. When they announce tomorrow that they are extending that the ships will not sail in April will the stock drop again? Sent from my iPhone using Forums I'm curious about this as well. Link to comment Share on other sites More sharing options...
gkbiiii Posted March 26, 2020 #603 Share Posted March 26, 2020 (edited) I am waiting for my government $1,200 check, unlike most I am going to invest in the future! Now will Carnival be in the future, I will wait and see? Edited March 26, 2020 by gkbiiii 1 Link to comment Share on other sites More sharing options...
gkbiiii Posted March 26, 2020 #604 Share Posted March 26, 2020 Well unlike what I just posed in the Royal group, I think the Bahamas has a better ability to bailout Carnival, then Liberia does with Royal. Link to comment Share on other sites More sharing options...
PORT ROYAL Posted March 26, 2020 #605 Share Posted March 26, 2020 3 hours ago, amilicia said: I want to thank everyone who has contributed to this thread, I would have never thought to buy CCL stock before reading this thread. I'm not much of a gambler, but I decided to dip my toe into the market last week and bought 700 shares of Carnival at $8.00 and then pulled that toe back out today at $19.00. Not a bad little profit this week, although I'm sure Uncle Sam will grab me by the short-hairs next year. I think we're going to see another downward trend, so I figured I'd get out while the gettin was good. If it dips back into the single digits again, I'll jump back into the pool... Thanks again! I too took profit on 20k at £12.50 - Will pay off my grandaughter's uni fees, now she can go for her masters debt free. Who knows she may become England's youngest Silk. Trust you left 100 in the pot Link to comment Share on other sites More sharing options...
xDisconnections Posted March 26, 2020 #606 Share Posted March 26, 2020 1 hour ago, gkbiiii said: Well unlike what I just posed in the Royal group, I think the Bahamas has a better ability to bailout Carnival, then Liberia does with Royal. Carnival Corporation is incorporated in Panama... Link to comment Share on other sites More sharing options...
gkbiiii Posted March 27, 2020 #607 Share Posted March 27, 2020 26 minutes ago, xDisconnections said: Carnival Corporation is incorporated in Panama... No that's NCL. Link to comment Share on other sites More sharing options...
xDisconnections Posted March 27, 2020 #608 Share Posted March 27, 2020 (edited) 7 minutes ago, gkbiiii said: No that's NCL. Well, actually, it’s not. Carnival Corporation is incorporated in Panama. Here is the link to the 10K: https://www.carnivalcorp.com/static-files/ddd975ba-cef0-43fe-9bf9-bb4c376ed914 Edited March 27, 2020 by xDisconnections 1 Link to comment Share on other sites More sharing options...
xDisconnections Posted March 27, 2020 #609 Share Posted March 27, 2020 10 minutes ago, gkbiiii said: No that's NCL. Well, actually, it’s not. Carnival Corporation is incorporated in Panama. Here is the link to the 10K: https://www.carnivalcorp.com/static-files/ddd975ba-cef0-43fe-9bf9-bb4c376ed914 Link to comment Share on other sites More sharing options...
Rare Illbcruzn4life Posted March 27, 2020 #610 Share Posted March 27, 2020 7 hours ago, coevan said: no, my sailboat was built in France and flagged by USCG. There are many French and Italian boats in the U.S. I wrote cruise ships not boats. 1 Link to comment Share on other sites More sharing options...
Denverdonkeys Posted March 27, 2020 #611 Share Posted March 27, 2020 Carnival is dual listed, as Carnival PLC is traded in the UK exchange and that 10-K cover page says it is incorporated in It does not matter much where a company is incorporated. Carnival Corp probably has a lot of subsidiaries incorporated in many countries. On CNBC today it sounds like cruise lines were accidentally omitted from the most recent bailout package. Of course they could get some loans possibly from the Treasury Department and their funding. I have not read all nearly 900 pages of the document, so trusting CNBC on that one a little. previously paid amounts does not represent cash flow. they already have that cash. cash flow is from the people paying new deposits on bookings or paying down current invoices. if they are issuing refunds (not FCC's) that will HURT cash flows. if they are delaying finally payment dates, that HURTS. this is what would necessitate a loan or government bailout to keep them afloat as they pay employees without new customer cash. Link to comment Share on other sites More sharing options...
Denverdonkeys Posted March 27, 2020 #612 Share Posted March 27, 2020 (edited) 5 hours ago, ninjacat123 said: I'm curious about this as well. well Royal went up when they announced the cancellations (due to the bailout bill that was expected to help cruise lines). I am sure shareholders are expecting them to cancel as well and I actually doubt it goes down after the cancellations. they could also announce it after market tomorrow and by Monday market it will be old news. Edited March 27, 2020 by Denverdonkeys Link to comment Share on other sites More sharing options...
Denverdonkeys Posted March 27, 2020 #613 Share Posted March 27, 2020 Whole market will go down today it appears. after the last three day rally that is expected. Futures how a loss around 3%.CCL is showing a 9% loss pre market (law of small numbers). it was up around 90% since 3/19 though. Link to comment Share on other sites More sharing options...
Radiioman46 Posted March 27, 2020 #614 Share Posted March 27, 2020 I think that when the cruise lines get the OK to start cruising again, you will see their stock go up from where it is now. That's just my opinion as I am not an expert. Normally, I participate in the Real Estate world for my investments, but I did purchase a hundred shares the other day because hopefully they will keep the OBC and their stock will rise. 3 Link to comment Share on other sites More sharing options...
Rare Eli_6 Posted March 27, 2020 #615 Share Posted March 27, 2020 NCL is now down to $12 from about $17 in the past few days. Low was $7.77. High was $59. Carnival is still around $14-15. Low was about $9 but I doubt it will go that low again. It was over $50 in December and January. However, I think it will go down below $14 again since they delayed their cancelation announcement to Monday. RCL is at $34.50. Low was $22. High was $135. Wondering if they ended up in the final version of the bail out or not. Link to comment Share on other sites More sharing options...
john91498 Posted March 27, 2020 #616 Share Posted March 27, 2020 20 minutes ago, Eli_6 said: NCL is now down to $12 from about $17 in the past few days. Low was $7.77. High was $59. Carnival is still around $14-15. Low was about $9 but I doubt it will go that low again. It was over $50 in December and January. However, I think it will go down below $14 again since they delayed their cancelation announcement to Monday. RCL is at $34.50. Low was $22. High was $135. Wondering if they ended up in the final version of the bail out or not. The cruise lines didn't qualify for stimulus money because most of the work force are foreign nationals: https://www.foxbusiness.com/markets/big-cruise-ship-lines-wouldnt-qualify-for-aid-under-stimulus-package 2 Link to comment Share on other sites More sharing options...
Elbozi Posted March 28, 2020 #617 Share Posted March 28, 2020 Down 20% for the day. Surprised with all the bad news for Carnival it wasn't worse. Primed and ready for the blood bath I expect on Monday. Link to comment Share on other sites More sharing options...
coevan Posted March 28, 2020 #618 Share Posted March 28, 2020 21 hours ago, john91498 said: The cruise lines didn't qualify for stimulus money because most of the work force are foreign nationals: https://www.foxbusiness.com/markets/big-cruise-ship-lines-wouldnt-qualify-for-aid-under-stimulus-package very misleading article Link to comment Share on other sites More sharing options...
MadManOfBethesda Posted March 29, 2020 #619 Share Posted March 29, 2020 On 3/28/2020 at 3:20 PM, coevan said: very misleading article What exactly did you find misleading? I'm not a fan of Fox Business (or Fox in general), but that article seemed pretty fact-based to me. 2 Link to comment Share on other sites More sharing options...
john91498 Posted March 29, 2020 #620 Share Posted March 29, 2020 1 hour ago, MadManOfBethesda said: What exactly did you find misleading? I'm not a fan of Fox Business (or Fox in general), but that article seemed pretty fact-based to me. Agreed. None of the cruise lines qualified for stimulus money due to being incorporated in another country and their main work force are foreign nationals. Link to comment Share on other sites More sharing options...
Elbozi Posted April 1, 2020 #621 Share Posted April 1, 2020 Carnival Stock Dips Below $10 again. BRUTAL few days with the dilution. Link to comment Share on other sites More sharing options...
DimmieCO Posted April 1, 2020 #622 Share Posted April 1, 2020 Just a quick notice... it’s under $10 again if anyone is interested. Link to comment Share on other sites More sharing options...
Chief Vette Posted April 1, 2020 #623 Share Posted April 1, 2020 I shorted CCL two months ago. Made a quick $15K off a $45K buy. Used the $60K to pay off my mortgage🤑 1 Link to comment Share on other sites More sharing options...
Chief Vette Posted April 1, 2020 #624 Share Posted April 1, 2020 On 3/20/2020 at 11:27 AM, milamber said: Amazed that a small potential income and a bit of positive PR from the offer to use ships as temporary hospitals boosted stock by almost 38% at one point today. It's hardly a lifeline for Carnival. I'd be amazed if any of the cruise lines sailed again this year on any meaningful basis. Even it if clears up over the next few months to a large extent, there are going to be plenty of countries who have avoided the worst who won't want the risk of cruise ships or indeed any other visitors bringing it into the country. Only thing likely to affect that in any meaningful way is a faster than expected vaccine, which is possible. Even with that, many of the customers for the mass market lines might have lost jobs/had reduced income over the virus period and a cruise isn't going to be a priority for them. Add that to the negative PR generated by the Diamond Princess, plus the general impression thrown out by the media that cruise ships are breeding grounds for disease and I think the industry is in for a torrid time. If it survives at all that is. I hope I'm wrong as a past passenger who loves cruising, but I wouldn't be throwing my money at any stock just now, regardless of how cheap it goes. Short the stock market. Sorry to say, but that ship has already sailed for the cruise line stocks. Link to comment Share on other sites More sharing options...
Elbozi Posted April 1, 2020 #625 Share Posted April 1, 2020 Below 9 Link to comment Share on other sites More sharing options...
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