Rare oskidunker Posted April 29, 2020 #1 Share Posted April 29, 2020 Cant figure out what is going on here. I still ahve 100 shares bought at 9 so I have made 77% profit. I sold the other shares I had at 30% profit and had intended to keep these for On Board credits but if it passes 20, I might sell and take the money. Any thoughts on what is going on? Yesterday it went up and the market went down. Today small market gain yet CCL up 10% more.Somebody is buying. 1 Link to comment Share on other sites More sharing options...
riffatsea Posted April 29, 2020 #2 Share Posted April 29, 2020 NOW over$18 after hours! 1 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted April 29, 2020 #3 Share Posted April 29, 2020 (edited) Sure beats being $8 or less. I had stopped following it as it was all too depressing. Edited April 29, 2020 by ontheweb Link to comment Share on other sites More sharing options...
Rare c-boy Posted April 29, 2020 #4 Share Posted April 29, 2020 lol..oski, go long , goooo long. Link to comment Share on other sites More sharing options...
Rare Roberto256 Posted April 29, 2020 #5 Share Posted April 29, 2020 1 hour ago, oskidunker said: Cant figure out what is going on here. I still ahve 100 shares bought at 9 so I have made 77% profit. I sold the other shares I had at 30% profit and had intended to keep these for On Board credits but if it passes 20, I might sell and take the money. Any thoughts on what is going on? Yesterday it went up and the market went down. Today small market gain yet CCL up 10% more.Somebody is buying. I bought at $8. Unfortunately, only 100 shares, so it's not time to download Johnny Paycheck's "Take this job and shove it" I'm left to ponder whether that was the gent's real name... Link to comment Share on other sites More sharing options...
vms Posted April 29, 2020 #6 Share Posted April 29, 2020 RCL had a big bump also. It was at 35ish at the beginning of the week and now is up to $48. Link to comment Share on other sites More sharing options...
Rare oskidunker Posted April 29, 2020 Author #7 Share Posted April 29, 2020 Not worth selling 100 shares for me due to short term capital gains tax. Link to comment Share on other sites More sharing options...
Rare cr8tiv1 Posted April 30, 2020 #8 Share Posted April 30, 2020 Bought a second set of 100 shares for my grandkids (when they start cruising). Set at $9. Bought at $8.20 when the market opened. Never in my wildest dreams would I have thought it would double so quickly. I'm so happy. Now to get on a cruise to get my Share Holder Credits. 1 Link to comment Share on other sites More sharing options...
caribill Posted April 30, 2020 #9 Share Posted April 30, 2020 8 hours ago, oskidunker said: Any thoughts on what is going on? Yesterday it went up and the market went down. Today small market gain yet CCL up 10% more.Somebody is buying. Market in general is going up because of the possibility of a vaccine in the fall and the possible use of a treatment for Covid-19 patients that reduces time in the hospital. 1 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted April 30, 2020 #10 Share Posted April 30, 2020 7 hours ago, caribill said: Market in general is going up because of the possibility of a vaccine in the fall and the possible use of a treatment for Covid-19 patients that reduces time in the hospital. Let's hope those market assumptions are correct. OTOH, we have Dr. Fauci predicting a possible resurgence of the virus in the Fall. Link to comment Share on other sites More sharing options...
frugaltravel Posted April 30, 2020 #11 Share Posted April 30, 2020 (edited) Carnival got funding, has enough cash to.operate for a year. Market is up generally as was said. Price now is over $15. I doubt it will go down to $8 again since i think the worst is over. But no one has a crystal ball. I had to chuckle about the short-term capital gains tax if selling 100 shares that were purchased at $8 per share. If the stock price doubles that is only income of $800. Unless you're in a high tax bracket you will have very little tax due. And if you are in a high tax bracket $800 to you is not very much money 🙂 Edited April 30, 2020 by frugaltravel Link to comment Share on other sites More sharing options...
AF-1 Posted April 30, 2020 #12 Share Posted April 30, 2020 That would be around $150 capital gains in the 23/24% tax bracket Link to comment Share on other sites More sharing options...
frugaltravel Posted April 30, 2020 #13 Share Posted April 30, 2020 37 minutes ago, AF-1 said: That would be around $150 capital gains in the 23/24% tax bracket $8/share doubling is $16/share. So the capital gain is $8/share or $800. The short term capital gains tax - if that is what you meant - is $192 at 24%. Still not bad. You get to keep 76%😝 Link to comment Share on other sites More sharing options...
satxdiver Posted April 30, 2020 #14 Share Posted April 30, 2020 Stock market is down today possibly due to unemployment figures. CCL closed at $15.90 down $0.79 or 4.73% from yesterday. Still a great buy if you bought at $8. Link to comment Share on other sites More sharing options...
Thrak Posted April 30, 2020 #15 Share Posted April 30, 2020 On 4/29/2020 at 4:07 PM, Roberto256 said: I bought at $8. Unfortunately, only 100 shares, so it's not time to download Johnny Paycheck's "Take this job and shove it" I'm left to ponder whether that was the gent's real name... Donald Eugene Lightle Link to comment Share on other sites More sharing options...
drowelf Posted May 1, 2020 #16 Share Posted May 1, 2020 I've been playing both CCL and RCL over the past couple of months. Since ours is held in an IRA-SEP, I don't have to worry about the taxes on it. I missed the last bottom on RCL but did pick up a few shares of CCL at $8 and just unloaded them at about $14.50. I think both are headed for another down cycle and will probably pick them both up again when I think we are near the bottom. Link to comment Share on other sites More sharing options...
Rare oskidunker Posted May 1, 2020 Author #17 Share Posted May 1, 2020 On 4/30/2020 at 6:57 AM, AF-1 said: That would be around $150 capital gains in the 23/24% tax bracket Plus 10% state tax in California. Also since we are on medicare and verynclose to the in one threshold could cost us and additional $600 a year each for higher premiums. I think Ill just keep the 100 shares. If my wife ever stops workin and our income goes down I could think of selling them. She is a nurse and working long hours even though she retired. 1 Link to comment Share on other sites More sharing options...
neverbeenhere Posted May 1, 2020 #18 Share Posted May 1, 2020 Truly, the increased medicare premium will be a bit more than $ 600 this year, no matter the transition level. If you are really lucky you can also enjoy paying the 3.8% Net Investment Tax, too. Link to comment Share on other sites More sharing options...
dockman Posted May 1, 2020 #19 Share Posted May 1, 2020 Stocks? The tide comes in, the tide goes out. Link to comment Share on other sites More sharing options...
pathi Posted May 1, 2020 #20 Share Posted May 1, 2020 I bought at 14.00 today. Link to comment Share on other sites More sharing options...
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