asalligo Posted February 16, 2021 #1 Share Posted February 16, 2021 Someone is confident we will be cruising again before they run out of money. 1 Link to comment Share on other sites More sharing options...
dbrucern Posted February 16, 2021 #2 Share Posted February 16, 2021 Probably from the sell of their new Monopoly game 1 3 Link to comment Share on other sites More sharing options...
Rare ColeThornton Posted February 16, 2021 #3 Share Posted February 16, 2021 It's only one day and means very little. 2 Link to comment Share on other sites More sharing options...
Rare BoozinCroozin Posted February 16, 2021 #4 Share Posted February 16, 2021 No reason for it to rise other than wishful thinking. The CDC is not even engaging with the ports or cruise industry. There are so many issues that need to be resolved and they have not even identified them to begin resolving. I. along with most people here, am ready to vacation again. I have a TA friend that says the hottest thing now in our area are AI's in Punta Cana, Jamaica, and other islands in the Caribbean. Most have extremely favorable policies and the biggest is free hotel in case of a positive test before returning. People are just sick of not being able to do anything. Kids with remote school can login, get everything done, and enjoy the rest of the day. He said families and others are very strong for traveling. 2 Link to comment Share on other sites More sharing options...
asalligo Posted February 16, 2021 Author #5 Share Posted February 16, 2021 10 minutes ago, BoozinCroozin said: No reason for it to rise other than wishful thinking. The CDC is not even engaging with the ports or cruise industry. There are so many issues that need to be resolved and they have not even identified them to begin resolving. I. along with most people here, am ready to vacation again. I have a TA friend that says the hottest thing now in our area are AI's in Punta Cana, Jamaica, and other islands in the Caribbean. Most have extremely favorable policies and the biggest is free hotel in case of a positive test before returning. People are just sick of not being able to do anything. Kids with remote school can login, get everything done, and enjoy the rest of the day. He said families and others are very strong for traveling. That is what I have been thinking also. Why the rise? I was waiting for another drop. 1 Link to comment Share on other sites More sharing options...
Rare BoozinCroozin Posted February 16, 2021 #6 Share Posted February 16, 2021 5 minutes ago, asalligo said: That is what I have been thinking also. Why the rise? I was waiting for another drop. I made a lot off of CCL, NCL, and RCL. CCL should not be about $14. If it stays above that level, I don't have a need or reason to buy it. Plenty of other things that are much safer. Too much cash burn, no cruising in sight, and another attempt for $600M in junk loans. If they are forced to file bankruptcy, then this goes below $10. We just need to get cruising back in June. It is as simple as that. 1 Link to comment Share on other sites More sharing options...
VentureMan_2000 Posted February 16, 2021 #7 Share Posted February 16, 2021 It rises and falls a lot every day. Someone could make a lot of money on the arbitrage if they focused. Link to comment Share on other sites More sharing options...
asalligo Posted February 16, 2021 Author #8 Share Posted February 16, 2021 I had been waiting for it to drop back under 20 for a while now. Thinking that it had to, because they have no good news at all, but it has not in a while. Link to comment Share on other sites More sharing options...
Linsuesue Posted February 16, 2021 #9 Share Posted February 16, 2021 Carnival’s Aida Cruises are to open 2021 Season starting March 20th. 1 Link to comment Share on other sites More sharing options...
Rare crewsweeper Posted February 16, 2021 #10 Share Posted February 16, 2021 Not just Carnival. Royal Caribbean is up almost as much as Carnival % wise. And NCL isn't far behind % wise. But not as much since they announced no cruising until end of May. Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted February 16, 2021 #11 Share Posted February 16, 2021 2 hours ago, BoozinCroozin said: I made a lot off of CCL, NCL, and RCL. CCL should not be about $14. If it stays above that level, I don't have a need or reason to buy it. Plenty of other things that are much safer. Too much cash burn, no cruising in sight, and another attempt for $600M in junk loans. If they are forced to file bankruptcy, then this goes below $10. We just need to get cruising back in June. It is as simple as that. ONE conspiracy theorist analyst thinks $14. CCL acquired 3.5 billion last week at 5.75% interest. UNSECURED. MANY corporate bonds have junk rating. Before Carnival goes bankrupt, many others will lead the way. Especially NCL. 2 Link to comment Share on other sites More sharing options...
firefly333 Posted February 16, 2021 #12 Share Posted February 16, 2021 4 hours ago, asalligo said: Someone is confident we will be cruising again before they run out of money. Actually the stock channel thinks it's up because ccl corp has a cruiseline supposed to restart but it's not in the USA. And the stock traders take it from there. Means nothing overall. Link to comment Share on other sites More sharing options...
firefly333 Posted February 16, 2021 #13 Share Posted February 16, 2021 46 minutes ago, Linsuesue said: Carnival’s Aida Cruises are to open 2021 Season starting March 20th. This is why the tiny ray of hope. 2 Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted February 16, 2021 #14 Share Posted February 16, 2021 6 minutes ago, firefly333 said: Actually the stock channel thinks it's up because ccl corp has a cruiseline supposed to restart but it's not in the USA. And the stock traders take it from there. Means nothing overall. Doesn't explain why all cruise lines are up. https://www.fool.com/investing/2021/02/16/why-cruise-ship-stocks-are-lifting-the-stock-marke/ 1 Link to comment Share on other sites More sharing options...
firefly333 Posted February 16, 2021 #15 Share Posted February 16, 2021 28 minutes ago, BlerkOne said: Doesn't explain why all cruise lines are up. https://www.fool.com/investing/2021/02/16/why-cruise-ship-stocks-are-lifting-the-stock-marke/ Since when do day traders make sense? It doesnt make sense to me cruise stocks are this high. Werent you the one telling me I was wrong about oil stocks running up and oil going up a month or two ago. Link to comment Share on other sites More sharing options...
n6uqqq Posted February 16, 2021 #16 Share Posted February 16, 2021 When the stock starts to get higher is when Carnival acts and creates more shares out of thin air to sell and dilutes the price of the stock. It's been a while since they have done this so it should happen again soon. Taking the pizza and cutting it into thinner slices is all it does. 1 Link to comment Share on other sites More sharing options...
pc_load_letter Posted February 16, 2021 #17 Share Posted February 16, 2021 Basically the vaccine rollout is causing stocks to surge....https://www.nasdaq.com/articles/why-carnival-corporation-royal-caribbean-and-norwegian-cruise-line-stocks-are-all-surging Link to comment Share on other sites More sharing options...
HillBilly Bob Posted February 16, 2021 #18 Share Posted February 16, 2021 1 hour ago, pc_load_letter said: Basically the vaccine rollout is causing stocks to surge....https://www.nasdaq.com/articles/why-carnival-corporation-royal-caribbean-and-norwegian-cruise-line-stocks-are-all-surging ....and as Martha would say, that’s a good thing. 1 1 Link to comment Share on other sites More sharing options...
Moviela Posted February 16, 2021 #19 Share Posted February 16, 2021 The news of a start date by Aida in the Canaries has institutions clutching their beads because there may be some cash flow. They all are standing at the window to buy, but there are few shares available, so they increase the bid to the relatively high daily advance. We will not see any significant moves until the Carnival brand resumes, hopefully in May, but we need to see what the King does at his little desk. Link to comment Share on other sites More sharing options...
scpirate Posted February 17, 2021 #20 Share Posted February 17, 2021 Don't worry it's predicted to drop to at least $14. Give it a little time. Link to comment Share on other sites More sharing options...
Rare SRQbeachgirl Posted February 17, 2021 #21 Share Posted February 17, 2021 I bought CCL and RCL when they bottomed out last April. I figured they would bounce back quickly back when we all thought COVID would be over in a couple of months. Now I'm just hanging on for the ride. 1 Link to comment Share on other sites More sharing options...
Rare crewsweeper Posted February 17, 2021 #22 Share Posted February 17, 2021 20 hours ago, n6uqqq said: When the stock starts to get higher is when Carnival acts and creates more shares out of thin air to sell and dilutes the price of the stock. It's been a while since they have done this so it should happen again soon. Taking the pizza and cutting it into thinner slices is all it does. Issuing more shares is generally a way to raise capital but can dilute value to a degree, depending upon demand. Not sure there's a good reason to split now (which does cut the value of the pie smaller). Nor to buy back shares if no cash flow. Demand for higher yield by institutional investors in a low/negligible interest rate environment has an appeal for corporations needing capital to raise debt. Doesn't effect shares as much. Link to comment Share on other sites More sharing options...
firefly333 Posted February 17, 2021 #23 Share Posted February 17, 2021 44 minutes ago, crewsweeper said: Issuing more shares is generally a way to raise capital but can dilute value to a degree, depending upon demand. Not sure there's a good reason to split now (which does cut the value of the pie smaller). Nor to buy back shares if no cash flow. Demand for higher yield by institutional investors in a low/negligible interest rate environment has an appeal for corporations needing capital to raise debt. Doesn't effect shares as much. I havent heard any talk of a split. I think you misunderstood something. Maybe take a peek at insider selling. Maybe your post is generic ? Idk seems to have nothing to do with ccl stock in particular. Traders see a cheap stock jumping and pile on and ride it. They know nothing of the cdc iron fist. Nothing to do with fundamentals. 1 Link to comment Share on other sites More sharing options...
Rare crewsweeper Posted February 17, 2021 #24 Share Posted February 17, 2021 1 hour ago, firefly333 said: I havent heard any talk of a split. I think you misunderstood something. Maybe take a peek at insider selling. Maybe your post is generic ? Idk seems to have nothing to do with ccl stock in particular. Traders see a cheap stock jumping and pile on and ride it. They know nothing of the cdc iron fist. Nothing to do with fundamentals. Not going to argue with that last statement. Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted February 18, 2021 #25 Share Posted February 18, 2021 On 2/16/2021 at 2:34 PM, n6uqqq said: When the stock starts to get higher is when Carnival acts and creates more shares out of thin air to sell and dilutes the price of the stock. It's been a while since they have done this so it should happen again soon. Taking the pizza and cutting it into thinner slices is all it does. Issuing more stock raises cash. and usually the buyers are limited to financial institutions. Perhaps they buy to protect their investment. The Saudis bought 43.5 million shares of CCL last year. I think they might buy more. Link to comment Share on other sites More sharing options...
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