cruiseguy1016 Posted July 9 #2976 Share Posted July 9 3 hours ago, RedJessi said: How are folks feeling about where the stock is currently sitting?At $161.11 a share, I'm wondering how much longer to hold on it. I bought a lot of the stock when it was so low at the beginning of Covid. I sold enough to recover my initial investment. I'm playing with house money so it doesn't (necessarily) cost me anything to hold onto it. I'm enjoying the slow rise. It set a new record high again today. 2 Link to comment Share on other sites More sharing options...
Wineaux007 Posted July 9 #2977 Share Posted July 9 47 minutes ago, cruiseguy1016 said: I bought a lot of the stock when it was so low at the beginning of Covid. I sold enough to recover my initial investment. I'm playing with house money so it doesn't (necessarily) cost me anything to hold onto it. I'm enjoying the slow rise. It set a new record high again today. Back in 2008 I purchased 100 shares for $16 a share just to get the shareholder benefits for our cruises. When the priced dropped to $5 a share, my wife said that we should buy more. What the hell does she know? LOL 2 3 Link to comment Share on other sites More sharing options...
Rare Engineroom Snipe Posted July 10 #2978 Share Posted July 10 Two months ago, I saw weakness in the cruise pricing into this fall. The past two weeks have been explosive on pricing similar to last year at this time. My crystal ball might be broken. The cruise prices have been approaching the prices of all inclusive resorts Maybe it is the airfare difference? I have always felt in the past that cruising was ALWAYS cheaper than any alternative vacation but something is amiss here. I have two very frugal and well priced cruises this year and next year. I am straining to buy more through my excellent TA but the margins are getting very thin. They are on older ships during the shoulder seasons. My higher prices are good music to stockholders.It is hard to complain about the prices when so many potential cruisers are willing to purchase the experience. I loathe to say it, "Until consumers stop buying, the prices will go up." "Supply and demand........" Ouch.............. More like.. 😭 Link to comment Share on other sites More sharing options...
cruiseguy1016 Posted July 10 #2979 Share Posted July 10 7 hours ago, Wineaux007 said: Back in 2008 I purchased 100 shares for $16 a share just to get the shareholder benefits for our cruises. When the priced dropped to $5 a share, my wife said that we should buy more. What the hell does she know? LOL I REALLY wanted to buy some back then. I knew (actually hoped) that it would have to go back up. I wanted to spend $10K of our retirement savings but several things kept me from doing it. We didn't have a lot of money to risk, my wife was very skeptical and I knew nothing about buying/selling stocks. I have kicked myself in the a$$ many times over for not doing it. You know what that $10K would be worth today? Link to comment Share on other sites More sharing options...
Ocean Boy Posted July 10 #2980 Share Posted July 10 7 hours ago, cruiseguy1016 said: I REALLY wanted to buy some back then. I knew (actually hoped) that it would have to go back up. I wanted to spend $10K of our retirement savings but several things kept me from doing it. We didn't have a lot of money to risk, my wife was very skeptical and I knew nothing about buying/selling stocks. I have kicked myself in the a$$ many times over for not doing it. You know what that $10K would be worth today? Hindsight is wonderful isn't it? 1 2 Link to comment Share on other sites More sharing options...
Seville2Cabo Posted July 10 #2981 Share Posted July 10 10 hours ago, cruiseguy1016 said: I REALLY wanted to buy some back then. I knew (actually hoped) that it would have to go back up. I wanted to spend $10K of our retirement savings but several things kept me from doing it. We didn't have a lot of money to risk, my wife was very skeptical and I knew nothing about buying/selling stocks. I have kicked myself in the a$$ many times over for not doing it. You know what that $10K would be worth today? Bought 100 shares in 2009 for $1,800 for the shareholder credit- reinvested dividends - now have 129 shares worth about $21,000. Link to comment Share on other sites More sharing options...
WeMissSeaView Posted July 10 #2982 Share Posted July 10 3 hours ago, Ocean Boy said: Hindsight is wonderful isn't it? I bought 200 shares in March 2020 and I wish I had bought more. I am glad that I bought the 200 shares because I have made more in OBC then I paid for the 200 shares. 2 Link to comment Share on other sites More sharing options...
Rare rimmit Posted July 12 #2983 Share Posted July 12 We were on a partial canal crossing on the Jewel in Mar 2009. The stock had hit rock bottom and was trading around $5. Everyone was depressed. At the C&A party the cruise director and staff was trying to pump up the crowd saying “We’ll survive. We’re strong. It’s gonna be ok.” Everyone told me to go home and buy for the OBC. I got home from the cruise and it had already risen to $6 and felt I missed out but we still bought a couple hundred shares mainly for the OBC Benefit. Have since bought and sold it off multiple times never perfectly timing it, but definitely always getting a notable amount of more shares when rebuying. Then in 2020 sold it off thankfully before the free fall, and bought back in near the low and added a bunch more cash when I bought back in. I never thought RCI would become such a significant part of my portfolio, but it’s now become a sizable portion of it. It has definitely made up for the many stock misses I have had over the years and then some. I hate what the product has become since I first sailed in 1992, but as a stock holder I am very happy. 1 Link to comment Share on other sites More sharing options...
gqboy1 Posted July 12 #2984 Share Posted July 12 This thread makes me sad. I was waiting to purchase at $40 a few years back. It kept dropping and dropping until $41. It never hit $40 since and has kept going up. Yes, definitely regretting I didn't buy it at $41. 1 Link to comment Share on other sites More sharing options...
Rare island lady Posted July 13 #2985 Share Posted July 13 My broker laughed at me when I told him I wanted to buy the stock. Bought just for the OBC credits, buying the required 100 shares. Tried to get me to sell it when it starting to trend down, but bottomed out and started back up. He is not laughing now. 😄 3 Link to comment Share on other sites More sharing options...
cruiseaholic777 Posted July 16 #2986 Share Posted July 16 I bought 100 share the other day for 16,000$ and sold it the next day for 16,560$. I will take 560$ over night. Link to comment Share on other sites More sharing options...
Biker19 Posted July 16 #2987 Share Posted July 16 5 hours ago, cruiseaholic777 said: I bought 100 share the other day for 16,000$ and sold it the next day for 16,560$. You can use the statement showing you owned the shares to claim the shareholder OBC on any booked sailing (that should work for several months in the future as well). Link to comment Share on other sites More sharing options...
Rare livingonthebeach Posted July 16 #2988 Share Posted July 16 On 7/12/2024 at 5:14 PM, gqboy1 said: This thread makes me sad. I was waiting to purchase at $40 a few years back. It kept dropping and dropping until $41. It never hit $40 since and has kept going up. Yes, definitely regretting I didn't buy it at $41. The stock price got as low as $19.50 during the shutdown. I didn't get it at the bottom but got close. It's now trading at $167.72. At 100 shares that's a pretty hefty profit, not to mention the onboard credit bonus. Link to comment Share on other sites More sharing options...
cruiseguy1016 Posted July 16 #2989 Share Posted July 16 2 hours ago, Biker19 said: You can use the statement showing you owned the shares to claim the shareholder OBC on any booked sailing (that should work for several months in the future as well). Is this correct? I thought you had to own the shares when you applied for the credit. I've always submitted a current statement to show that I own them. You're saying I don't need a current statement, I can send one dated months ago? Link to comment Share on other sites More sharing options...
Biker19 Posted July 16 #2990 Share Posted July 16 (edited) 8 minutes ago, cruiseguy1016 said: You're saying I don't need a current statement, I can send one dated months ago? Officially, I think you need one less than three months old, but anything less than a year old should work. Biker, who used the same statement for 1.5 years to claim the shareholder OBC. Edited July 16 by Biker19 1 Link to comment Share on other sites More sharing options...
Ocean Boy Posted July 16 #2991 Share Posted July 16 4 hours ago, Biker19 said: Officially, I think you need one less than three months old, but anything less than a year old should work. Biker, who used the same statement for 1.5 years to claim the shareholder OBC. I've had a rejection because I used a statement over 3 months old. I used it just to avoid having to black out all the private information again. I had to resubmit with a newer statement. 2 Link to comment Share on other sites More sharing options...
gqboy1 Posted July 16 #2992 Share Posted July 16 7 hours ago, livingonthebeach said: The stock price got as low as $19.50 during the shutdown. I didn't get it at the bottom but got close. It's now trading at $167.72. At 100 shares that's a pretty hefty profit, not to mention the onboard credit bonus. Yes, those who missed out are well aware. 😂 1 Link to comment Share on other sites More sharing options...
gc Posted July 16 #2993 Share Posted July 16 8 hours ago, Biker19 said: You can use the statement showing you owned the shares to claim the shareholder OBC on any booked sailing (that should work for several months in the future as well). I am an old school guy....doing something like this just feels wrong 2 Link to comment Share on other sites More sharing options...
firefly333 Posted July 16 #2994 Share Posted July 16 1 hour ago, gc said: I am an old school guy....doing something like this just feels wrong On the other hand I've been in and out and in and out and in. I just put in for out through 2026 booked cruises. It's possible I might sell between now and 2026. Nothing says you have to hold constantly. If rcl keeps going up at some point I might be tempted, depends on the charts and what's going on in my life. I'm a trader in my heart. Link to comment Share on other sites More sharing options...
Rare livingonthebeach Posted July 16 #2995 Share Posted July 16 1 minute ago, firefly333 said: On the other hand I've been in and out and in and out and in. I just put in for out through 2026 booked cruises. It's possible I might sell between now and 2026. Nothing says you have to hold constantly. If rcl keeps going up at some point I might be tempted, depends on the charts and what's going on in my life. I'm a trader in my heart. Exactly! There are those who even day trade RCL and on any specific day whether they cruise on that day or not, may own 100 or thousands of shares of the stock then sell them and get back on the saddle. Who's to say? Who's to judge? Link to comment Share on other sites More sharing options...
Starry Eyes Posted July 16 #2996 Share Posted July 16 4 hours ago, Ocean Boy said: I've had a rejection because I used a statement over 3 months old. I used it just to avoid having to black out all the private information again. I had to resubmit with a newer statement. The statement must be less than 90 days old and they have been known to enforce to the day. Near the end of a quarter, I sent in my quarterly statement for shareholder credit. RCL waited several days, then sent me a denial saying the statement was too. On the day of denial, the statement was exactly 90 days old (still less than 3 months old, so I did not yet have a newer quarterly statement. I was unhappy with them as the statement was less than 90 days old when the request was submitted. 1 Link to comment Share on other sites More sharing options...
IrieBajan54 Posted July 16 #2997 Share Posted July 16 (edited) Share price is certainly going to keep edging up. According the to the CEO, passengers haven't changed spending habits even though fares have gone up. They're spending like crazy onboard. Headlines about pain from inflation doesn't seem to effect leisure spending. https://www.cnbc.com/2024/07/16/royal-caribbean-leans-into-shorter-cruises-more-experiences.html Edited July 16 by IrieBajan54 correction Link to comment Share on other sites More sharing options...
Rare Engineroom Snipe Posted July 16 #2998 Share Posted July 16 To change the discussion slightly: I was one to tie vacation demand in general to airfare and airline demand. There are airlines starting to show distress, Spirit Airlines being one of them (discount, but maybe a canary in the coal mine) as well as a few others. So far, cruising in general is still robust at the high end. Do you think cruising is a lagging indicator in general compared to airlines or are they completely disconnected right now? I believe this is on topic because how does one measure cruising vacation dollars against travel dollars in general which affects their stock prices? Just throwing some thoughts into the discussion flow. Link to comment Share on other sites More sharing options...
Ocean Boy Posted July 16 #2999 Share Posted July 16 1 minute ago, Engineroom Snipe said: To change the discussion slightly: I was one to tie vacation demand in general to airfare and airline demand. There are airlines starting to show distress, Spirit Airlines being one of them (discount, but maybe a canary in the coal mine) as well as a few others. So far, cruising in general is still robust at the high end. Do you think cruising is a lagging indicator in general compared to airlines or are they completely disconnected right now? I believe this is on topic because how does one measure cruising vacation dollars against travel dollars in general which affects their stock prices? Just throwing some thoughts into the discussion flow. I think the two have always been somewhat connected. In the past anyway, cruises out of San Juan were less expensive and Adventure often had close to sailing fire sales. Wasn't that due to the extra cost of flying to Puerto Rico compared to Florida? 1 Link to comment Share on other sites More sharing options...
Rare Engineroom Snipe Posted July 16 #3000 Share Posted July 16 6 minutes ago, IrieBajan54 said: Share price is certainly going to keep edging up. According the to the CEO, passengers haven't changed spending habits even though fares have gone up. They're spending like crazy onboard. Headlines about pain from inflation doesn't seem to effect leisure spending. https://www.cnbc.com/2024/07/16/royal-caribbean-leans-into-shorter-cruises-more-experiences.html I just read this article a few minutes before you posted. The money is in the big ships on shorter itineraries. The ship seems to be the destination and consumers seem to be less shocked with spending on board as long as the total bill is within their budget. I get the feeling like this is like a car salesman who customizes the sale upon the monthly payment. I can sell you a premium 4 day experience where you are treated like royalty or I can sell you a 7 day experience where you just another cruise passenger.I can work one vacation over a 12 month loan, "What do you want?" "I want the super deluxe 4 day experience over the 7 day average experience." Very interesting. 2 Link to comment Share on other sites More sharing options...
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