caribill Posted February 28, 2020 #1 Share Posted February 28, 2020 The OBC benefit for owning at least 100 shares of CCL stock has been extended to include cruises through July 31, 2021. https://www.carnivalcorp.com/static-files/50351a91-4dc0-4f6b-bfec-684647e6129f 6 2 Link to comment Share on other sites More sharing options...
palolake Posted February 28, 2020 #2 Share Posted February 28, 2020 Thanks, good to know. I was a little worried about them extending it with all that's going on! Link to comment Share on other sites More sharing options...
satxdiver Posted February 28, 2020 #3 Share Posted February 28, 2020 It is fairly automatic these days. If they were to drop it or even decrease it the complaining would not stop and would cause a large (massive?) stock selloff including lost business. We have all come to expect it as we also do expect them paying dividends. Link to comment Share on other sites More sharing options...
railman Posted February 28, 2020 #4 Share Posted February 28, 2020 Bought 100 shares yesterday at $31.49. 1 Link to comment Share on other sites More sharing options...
hockeymum Posted February 29, 2020 #5 Share Posted February 29, 2020 Planning to buy Monday. Will I be able to get the credit for our cruise on March 11th. Link to comment Share on other sites More sharing options...
Colo Cruiser Posted February 29, 2020 #6 Share Posted February 29, 2020 8 minutes ago, hockeymum said: Planning to buy Monday. Will I be able to get the credit for our cruise on March 11th. Yes. I have had a couple applied to cruises I booked within 72 hours of the cruise. Link to comment Share on other sites More sharing options...
Rare ontheweb Posted February 29, 2020 #7 Share Posted February 29, 2020 23 hours ago, palolake said: Thanks, good to know. I was a little worried about them extending it with all that's going on! They renew it every year. And this would be the absolute worst time to not renew it. There are already multiple customers cancelling cruises and other potential customers holding off on booking cruises; to do something now to take away an incentive to book a cruise would be crazy. Link to comment Share on other sites More sharing options...
DrivesLikeMario Posted February 29, 2020 #8 Share Posted February 29, 2020 If they didn't renew it, I'd dump the stock in a heartbeat. It's the only stock I have that I've lost money on so keeping it for an investment is not a good thing. More money to be made on other stocks. Link to comment Share on other sites More sharing options...
bemis12 Posted February 29, 2020 #9 Share Posted February 29, 2020 On 2/28/2020 at 9:19 AM, satxdiver said: It is fairly automatic these days. If they were to drop it or even decrease it the complaining would not stop and would cause a large (massive?) stock selloff including lost business. We have all come to expect it as we also do expect them paying dividends. The amount of stock sellout they would see is "essentially none" You badly overestimate how 100 shares adds up the the scheme of things. They wouldn't even notice if everyone who held 100 shares sold them Link to comment Share on other sites More sharing options...
satxdiver Posted February 29, 2020 #10 Share Posted February 29, 2020 9 minutes ago, bemis12 said: The amount of stock sellout they would see is "essentially none" You badly overestimate how 100 shares adds up the the scheme of things. They wouldn't even notice if everyone who held 100 shares sold them One of the advantages to having a large number of small stock holders is that it makes it more difficult to take over the company in a hostile takeover. The other advantage is customer loyalty which is the biggest plus since there are a lot of other cruise lines out there. If shareholders start to sell off shares it would translate to a loss of a large base of loyal customers. That they would notice if it were large enough. 1 Link to comment Share on other sites More sharing options...
bemis12 Posted February 29, 2020 #11 Share Posted February 29, 2020 97% of this company is owned by institutional investors and insiders. They might miss some customers, but their stock is pretty much meaningless. It certainly wouldn’t prevent a hostile takeover Link to comment Share on other sites More sharing options...
RMMariner Posted February 29, 2020 #12 Share Posted February 29, 2020 Figured they would do this, but it is an interesting time. Taken a bit of a loss on this, but will probably cost average sometime in the next bit. Personally, I think we will probably see a dead cat bounce next week. Link to comment Share on other sites More sharing options...
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