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Daniel A

Carnival Stock Price Dropping

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3 hours ago, SedNabokos said:

And in the meantime will hopefully get some of those sweet tax-free OBC "dividends"

 

 

 

Hope that you will get a chance to enjoy the OBC. Cruise industry could shut down if you believe the alarmist projections by Angela Merkel.

 

As I said on another thread, CCL is worth $30 if the cruise industry closes for 3 months. $25 if it closes for 6 months. In the event that the virus mutates and comes back next year, no price would be right.

 

 

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This morning the price is $21.75 good time to buy, buy low sell high.

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38 minutes ago, ski ww said:

This morning the price is $21.75 good time to buy, buy low sell high.

Futures have it under 20.

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This whole situation is a mess. After working for forty years and retiring, our way of travel life is being threatened. So Sad. Praying this will only be temporary. 

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trading CCL stopped this morning at 8:20. Price at the time was $18 and change

 

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51 minutes ago, richwmn said:

trading CCL stopped this morning at 8:20. Price at the time was $18 and change

 

A wise Wall Street motto: Don't go back in the house until the fire is completely out.

This one is still burning.

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Agree.  I would have pegged a buy at $15 before the Princess announcement.  Anyone’s guess post announcement.

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I just put in a buy on NCLH @ under $10 on the off chance we sail on Oceania or Seven Seas. 

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52 minutes ago, mrmoviezombie said:

I just put in a buy on NCLH @ under $10 on the off chance we sail on Oceania or Seven Seas. 

 

NCLH has the highest debt/equity ratio of the big three. Not sure how long the company can hold out on a travel suspension.

 

 

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2 hours ago, iancal said:

Agree.  I would have pegged a buy at $15 before the Princess announcement.  Anyone’s guess post announcement.

What announcement from Princess?

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We just bought our 100 shares for $17.75!

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2 hours ago, pxn748 said:

We just bought our 100 shares for $17.75!

What will it be worth tomorrow if they stop bringing in revenue?

 

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Posted (edited)

At close of trading today, CCL is listed at $14.97...down $6.80 from close yesterday

 

at this rate...it will be a penny stock next week

Edited by CruisingAndDiving

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46 minutes ago, iancal said:

I believe $10-$12 is a good buy range.

  Prices  in cruise line stocks can evaporate extremely quick   .imo ,i would not touch any stocks with high debt on their books  & the cruise lines surely have a huge amount of that debt ;which has to be serviced 

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37 minutes ago, mcrcruiser said:

  Prices  in cruise line stocks can evaporate extremely quick   .imo ,i would not touch any stocks with high debt on their books  & the cruise lines surely have a huge amount of that debt ;which has to be serviced 

 

I guess if you’re only buying 100 shares, though, the risk is pretty minimal.

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Posted (edited)
39 minutes ago, *Miss G* said:

 

I guess if you’re only buying 100 shares, though, the risk is pretty minimal.

 I have invested into stocks a long time & during this  widely swinging stock market we   stayed away  ,no stock positions   .These are very serious times & there are no predictions that are reliable  . The value of our currency & even the value of precious metals that got hit very hard today as well is at question

Edited by mcrcruiser

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Having been here before in 2008-2009, the shoe may yet drop further.  I am sorry to say for the travel industry investors.

 

In the financial markets, clearly, we are in uncharted territory for most of us.

 

I am concerned that a severe recession--if not a depression--is in our financial future.  

 

 

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33 minutes ago, rkacruiser said:

Having been here before in 2008-2009, the shoe may yet drop further.  I am sorry to say for the travel industry investors.

 

In the financial markets, clearly, we are in uncharted territory for most of us.

 

I am concerned that a severe recession--if not a depression--is in our financial future.  

 

 

A recession for sure  .Let us pray that there is no depression 

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