Rare CineGraphic Posted June 29, 2022 #126 Share Posted June 29, 2022 Just now, voljeep said: please post when it gets in the $1-2 range ... i'll throw a couple hundo into the pot ... What am I, your stock broker!? 4 Link to comment Share on other sites More sharing options...
Esprit Posted June 29, 2022 #127 Share Posted June 29, 2022 2 hours ago, Potstech said: Any stock can go to $0.00. And some are. "Deep dark depression, excessive misery." It won’t happen to Carnival Corporation and PLC 1 Link to comment Share on other sites More sharing options...
cruising deacon Posted June 29, 2022 Author #128 Share Posted June 29, 2022 Today's outlook https://www.msn.com/en-us/travel/news/carnival-shares-plunge-nearly-15-as-morgan-stanley-warns-of-potential-stock-wipeout/ar-AAZ0cua?ocid=uxbndlbing Link to comment Share on other sites More sharing options...
travelhound Posted June 29, 2022 #129 Share Posted June 29, 2022 On 6/18/2022 at 3:15 PM, cruising deacon said: With online chat abounding regarding CCL possibly filing for bankruptcy, the future for Princess etc looks bleak. If you look at the recent breakup of Crystal, the creditors and mortgage holders will end up taking whatever little the bankruptcy gets, the stockholders of will get nothing. With the $20 B debt that CCL is carrying, even the mortgage holders will be lucky to get pennies on the dollar. How many companies out there want to buy cruise ships that are quickly becoming worthless, and the scrap yards are already full of them. Fortunately I have gotten my money's worth out of those shares between the dividends and the OBC', but it really bites me that their management hasn't done a better job. I was on the Crown recently, no one who sails it will ever return. If they don't relax these ridiculous Covid protocols, they probably will go bankrupt. There are many other vacation options without all the testing stress. 4 2 Link to comment Share on other sites More sharing options...
mnocket Posted June 29, 2022 #130 Share Posted June 29, 2022 Some pros say the time to buy speculative stocks is when it's all doom and gloom, and everyone is running for the door. On the other hand, never put money into speculative stocks that you can't afford to lose. 3 Link to comment Share on other sites More sharing options...
Rare Ombud Posted June 29, 2022 #131 Share Posted June 29, 2022 Buying puts? How far out? Link to comment Share on other sites More sharing options...
Potstech Posted June 29, 2022 #132 Share Posted June 29, 2022 (edited) 2 hours ago, Esprit said: It won’t happen to Carnival Corporation and PLC Why not? Edited June 29, 2022 by Potstech Link to comment Share on other sites More sharing options...
Potstech Posted June 29, 2022 #133 Share Posted June 29, 2022 4 hours ago, voljeep said: Hee Haw ? 🐖🐖🐖🐖🙌🙌🙌 Link to comment Share on other sites More sharing options...
Rare tetleytea Posted June 29, 2022 #134 Share Posted June 29, 2022 Technically, any stock can go to $0, but not all stocks have a tangible possibility of going under. Given that cruise fares are getting low, combined with fuel prices getting high, combined with a lot of debt, and that tangible possibility does exist for CCL stock. Don't buy the stock thinking you'll just get the OBC credit and then sell to get your money back. Link to comment Share on other sites More sharing options...
2 cruises a year Posted June 29, 2022 #135 Share Posted June 29, 2022 1 hour ago, tetleytea said: Technically, any stock can go to $0, but not all stocks have a tangible possibility of going under. Given that cruise fares are getting low, combined with fuel prices getting high, combined with a lot of debt, and that tangible possibility does exist for CCL stock. Don't buy the stock thinking you'll just get the OBC credit and then sell to get your money back. Now you tell me!☹️ Link to comment Share on other sites More sharing options...
rbtan Posted June 29, 2022 #136 Share Posted June 29, 2022 Personally, I don't feel they will go bankrupt. We have a 14 day cruise on the Emerald(Circle the Caribbean) in March. It's over $4000 PP. I'm not seeing big sales going on. We have a cruise booked on the Oceania Vista Jan. 2024. Again near $5000 PP. Everyone seeing the debacle with Crystal needs to understand how much larger "Carnivore" is in comparison: Carnival/Cunard/Princess/Aida/Costa/Holland America/Seabourn/ & more. A lot of ships that can be "mortgaged" the way Ford Motors did to avoid Gvt. bail out. There will be hiccups along the way but the doomsayers out there are full of crap. 4 Link to comment Share on other sites More sharing options...
suzyed Posted June 29, 2022 #137 Share Posted June 29, 2022 4 hours ago, travelhound said: If they don't relax these ridiculous Covid protocols, they probably will go bankrupt. There are many other vacation options without all the testing stress. True but it seems most of the cruise lines are still doing it. I heard that RCI's CEO believes that eventually (in the next several months) the pre-cruise testing will go away but the vaccine requirements will stay in place for awhile. Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted June 29, 2022 #138 Share Posted June 29, 2022 On 6/25/2022 at 4:14 PM, CruizinSusan70 said: No question. Carnival has been marketing to the blues (1st cruise) and reds (newbies) for years. They don't care about those who are Platinum and Diamond. The same theory obviously holds true with Princess. That has always been Carnival Cruise Lines target market. They have other lines available as cruisers mature. They prefer cruisers who cruise for the brand, not for the perks. Link to comment Share on other sites More sharing options...
MsSoCalCruiser Posted June 29, 2022 #139 Share Posted June 29, 2022 6 hours ago, CineGraphic said: What am I, your stock broker!? Yes, please. 😊 Link to comment Share on other sites More sharing options...
caribill Posted June 29, 2022 #140 Share Posted June 29, 2022 6 hours ago, cruising deacon said: Today's outlook https://www.msn.com/en-us/travel/news/carnival-shares-plunge-nearly-15-as-morgan-stanley-warns-of-potential-stock-wipeout/ar-AAZ0cua?ocid=uxbndlbing CCL was today's most active stock of all stocks on the NYSE, Nasdaq, and AMEX. Today: 109,656.6k shares vs. 90 day average of 41,261.3k shares. Remember: For every share sold, there is a buyer who thinks the future price will be higher. 1 Link to comment Share on other sites More sharing options...
Rare PurpleHays Posted June 29, 2022 #141 Share Posted June 29, 2022 9 hours ago, Potstech said: Any stock can go to $0.00. And some are. "Deep dark depression, excessive misery." "If it weren't for bad luck luck, I'd have no luck at all. Gloom, despair, and agony on me. . ." All the news is gloom and doom now. Link to comment Share on other sites More sharing options...
Rare BlerkOne Posted June 30, 2022 #142 Share Posted June 30, 2022 Not all doom and gloom https://www.cruiseindustrynews.com/cruise-news/27776-carnival-cruise-line-to-operate-full-ships-this-summer-at-110-percent-occupancy.html 1 Link to comment Share on other sites More sharing options...
Rare richstowe Posted June 30, 2022 #143 Share Posted June 30, 2022 Where CCL will be in the medium and long term ? I'm sure that it won't be near this price . It will be a multiple of this price OR zero . No idea which . 🤷♀️ Link to comment Share on other sites More sharing options...
Rare Rick&Jeannie Posted June 30, 2022 #144 Share Posted June 30, 2022 9 hours ago, riffatsea said: We only hold this stock for the on board credit amd not as a real investment I never think about the stock's value Same here. 1 Link to comment Share on other sites More sharing options...
Riley_Mon Posted June 30, 2022 #145 Share Posted June 30, 2022 I have to believe pent up demand is going to allow Carnival to ride out any possible recession. My bigger fear would be inflation and supply chain eating up margin. Link to comment Share on other sites More sharing options...
PrincessLuver Posted June 30, 2022 #146 Share Posted June 30, 2022 12 hours ago, Riley_Mon said: I have to believe pent up demand is going to allow Carnival to ride out any possible recession. My bigger fear would be inflation and supply chain eating up margin. Maybe the demand is not as strong as people think. We have done two 20+ day cruises with Princess this year and a 10 day. Our experience with Covid on board the ship (even though we did not catch it) was off putting. We have canceled all of our remaining cruises with Princess this year and have none planned next year. We are in Europe right now and loving it and not walking down ship corridors with Covid tables and Styrofoam food trays outside the doors which was disgusting. 1 Link to comment Share on other sites More sharing options...
CruizinSusan70 Posted June 30, 2022 #147 Share Posted June 30, 2022 10 hours ago, travelhound said: If they don't relax these ridiculous Covid protocols, they probably will go bankrupt. There are many other vacation options without all the testing stress. Since when are the Covid protocols limited to Carnival corporation? All of the major mass market lines have voluntarily decided to follow the CDC's guidelines. So, are all of the cruise lines going to go bankrupt? What testing stress? If you come up positive, you get a refund as a FCC and you just have to flip your airfare to a future flight. 2 Link to comment Share on other sites More sharing options...
CruizinSusan70 Posted June 30, 2022 #148 Share Posted June 30, 2022 5 hours ago, BlerkOne said: That has always been Carnival Cruise Lines target market. They have other lines available as cruisers mature. They prefer cruisers who cruise for the brand, not for the perks. What perks? Choc covered strawberries? A plastic luggage tag? A can koozie? A liter bottle of water? Other "perks" that are sold to anyone through FTTF? Link to comment Share on other sites More sharing options...
caribill Posted June 30, 2022 #149 Share Posted June 30, 2022 1 hour ago, PrincessLuver said: Maybe the demand is not as strong as people think. It might not be strong for Princess overall, but: o Recent cruises in the Caribbean on the CB have been at 100% capacity. o CCL brand ships are often sailing over 100% capacity (100% capacity is defined as total lower berths, in other words 2 to a cabin. When 3 or 4 people are in cabins the ship can be over 100% full.) 1 Link to comment Share on other sites More sharing options...
2 cruises a year Posted June 30, 2022 #150 Share Posted June 30, 2022 17 minutes ago, caribill said: It might not be strong for Princess overall, but: o Recent cruises in the Caribbean on the CB have been at 100% capacity. o CCL brand ships are often sailing over 100% capacity (100% capacity is defined as total lower berths, in other words 2 to a cabin. When 3 or 4 people are in cabins the ship can be over 100% full.) The unanswered question is "how long will this last"? How many of these passengers are just trying to burn through FCC`s? Will they be willing to pay full price for a limited experience. We are in this category, cruised for "free" (actually money already spent) and found it "forced". We've had enough. We still have thousands of dollars in FCC`s that we more than likely will lose. Call it our contribution to the cause. 🤑 Link to comment Share on other sites More sharing options...
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