Looks like another positive day for Carnival stock...
I sold my 103 shares this morning (after buying in May) for a small $34.00 profit (plus the $100 onboard credit I received on the cruise I just came back on).
It's a great deal!
I will be doing this again on whatever cruise line I go on next.
Will any certified financial planner make up the difference if the portfolio they put together for you dropped in value?
Maybe Elon Musk can send us money if we invest in Tesla and it drops?
C'mon.
I'm not sure if you're allowed to post links here but FWIW, when you look up the Carnival ticker symbol on MSN money, they have it listed as a BUY based on 21 analysts. The twelve month price target is $11.93/share.
So I take it you're not very optimistic on the future of the stock...
That being said, your analysis doesn't include that you can get the on board credit multiple times in the same year if you take multiple cruises. AND you can sell the stock right after your cruise if you like. It's not like you have to hold it for certain period of time. I recently bought for my May cruise. I could sell at the end of May and be done with it if I choose.
Oh man, that's a bummer! I'm going on the Celebration in a couple weeks and was hoping to play some poker.
Does anyone know what the minimum bet was on the table games? Such as 3 card poker?
The current share price is down to $9.075. 100 shares would be $907.50. Getting the $100 credit (assuming 7 day cruise) is a guaranteed return of over 10%.
Great time to buy.