Carnival Stock - Over $41 today

[PittsburghGirlee]

I for one, am happy to see that Carnival stock is over $41 today:D:D.

 

Hope it stays on the upswing, even though I know it is wishful thinking as it flexs to frequently.

[golfadj]

Still wondering why it keeps going up?

[RoscoeJames]

I bought the stock in the low 30s. Not because of the on board credit but because I believed in the business model and the 3% dividend is nice. Stocks will fluctuate and I saw the stock go up and down but as long as I think the same reasons exist for buying a stock originally I will hold and over the long term be ok. Cruising is a growing industry and the largest cruise line should benefit over the long term. Don't buy unless you can hold 5-10 years.

 

 

Clay.

[C&THollings]

I am hoping it drops.... at least long enough for me to buy my 100 shares before my next cruise Jan 2015. It can jump right back up afterwards :D

[lwrlisa]

How far in advance of cruise do you need to own stock before getting obc

[Aplmac]

Still wondering why it keeps going up?

Doesn't matter, as long as the Wall Street Casino thinks all is good. :)

 

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Edited January 18, 2014 by Aplmac

[golfadj]

Doesn't matter, as long as the Wall Street Casino thinks all is good. :)

 

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At some point rationality enters into the stock market

[c&d]

I bought the stock in the low 30s. Not because of the on board credit but because I believed in the business model and the 3% dividend is nice. Stocks will fluctuate and I saw the stock go up and down but as long as I think the same reasons exist for buying a stock originally I will hold and over the long term be ok. Cruising is a growing industry and the largest cruise line should benefit over the long term. Don't buy unless you can hold 5-10 years.

 

 

Clay.

 

 

 

Very Well Said and that is my motto. the obc is just a added dividend

[JohnSpo]

How far in advance of cruise do you need to own stock before getting obc

 

I applied for the OBC the day after the stock was purchased and I had the OBC 2 days later. You just have to show a broker statement showing the 100 shares with your name on the statement.

 

Just make sure you fax in the OBC request more than 2 weeks before your sailing. My sailing date was close to the 2 week deadline. I was pleased how efficiently the process worked. I did the same process with my next cruise and again the process worked fine. But the second cruise I sent in the request a month before the sailing and again the OBC posted quickly.:cool:

[funcruiser1234]

Glad to see this!

[mking8288]

Mrs. M now "complained" that we should've brought more shares when it was hovering around 30 - as noted, 3% yield with its consistent quarterly dividend is excellent - not to mention the OBC. CCL outperformed many blue chips traded on Wall Street in 2013 so we are just going to hold our shares in the portfolio & go long.

 

There were earlier threads "debating" about CCL was a good buy then, well ... It might dip a little bit in the so-called "market correction" that the traders loved to play in their daily briefs, but there's little to believe that it's going to "plunge" 25 or 30% back to the low 30's unless disaster strikes - and, if that's going to happen, we got bigger problems to worry in Washington and on Main Street than just the Carnival shares.

 

We did take some of the overall earned gains off the table, so to speak, this month while the market continued its upward "tick" just to lock it in, even if a 10 or 15% correction happened near-term, we are protected.

 

If you are holding 100 or 200 shares of CCL, there's no reason to worry and just keep on "cruising" - CD's and money market funds offered by FDIC-insured banks do not even pay 1% interest (before taxes) on a $4,000 or $8,000 timed deposit - lucky if you get 0.5% these days.

Edited January 18, 2014 by mking8288

[Stateroom_Sailor]

Still wondering why it keeps going up?

 

I think it's the general stock market. I would advise people to sell, keep your 100 shares maybe, but this price could easily be halved in the next 2-3 years. Then, buy!

[golfadj]

I think it's the general stock market. I would advise people to sell, keep your 100 shares maybe, but this price could easily be halved in the next 2-3 years. Then, buy!

 

Dont see earnings growth or growth on the horizon that would account for increase. Carnival still not getting high prices for cabins.

[Stateroom_Sailor]

Dont see earnings growth or growth on the horizon that would account for increase. Carnival still not getting high prices for cabins.

 

True, but if you look at the past 10 years, this stock whiplashes drastically with the Dow. The profit/loss can be extensive depending how you play it, which overrides Carnival's earnings in any kind of short term swing trade sense.

[digit5]

I also bought some when it dropped to the low 30s. I recently cash some of it out at $40, but I'm holding 100 shares to get OBC.

[srlafleur]

Yay! It's now over what I paid for it per share (before "the crash") and in the meantime, my dividends have bought me more shares at a lower cost. Several months ago the total value, including the reinvested dividends, had already topped the total price I paid, so it's all good.

Edited January 20, 2014 by srlafleur

[golfadj]

Yay! It's now over what I paid for it per share (before "the crash") and in the meantime, my dividends have bought me more shares at a lower cost. Several months ago the total value, including the reinvested dividends, had already topped the total price I paid, so it's all good.

.

 

I would consider your annual return in paper value over this period before you consider it so good

[Banditswife]

I guess we did good, we bought when it was mid $20s. We will keep ours until we decide we don't like cruising anymore (never) or we are 6ft under & cannot cruise anymore.

[goldwinger88]

I play it all the time for the OBC and then makes some cash.

Bought in at 31 and sold off at 39. Made a nice profit.

Now waiting to see it go back down, but yes it did make an unusual spike.

[srlafleur]

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I would consider your annual return in paper value over this period before you consider it so good

 

Well, considering the money would have made me close to nothing sitting in the bank, and, thanks to the dividends I own more shares now, bought at a considerably lower cost over several years, and I got to take advantage of the Shareholder OBC several times (and will continue to do so), I'd say I'm up. I'm satisfied. I only buy stocks with the intent of keeping them long-term, therefore, the vagaries of the stock market over the course of a few months or even a few years don't faze me. I don't make my living off the stock market, nor do I expect to. My Carnival shares are only a part of the (hopefully) balanced portfolio that I'm trying to build with some "spare" cash in the hope (not expectation) that I'll make a little money on it.

[michelle1836]

I guess we did good, we bought when it was mid $20s. We will keep ours until we decide we don't like cruising anymore (never) or we are 6ft under & cannot cruise anymore.

 

LOL Nice! and ditto!

[swedish weave]

If I had listened to the "experts", I would have lost quite a bit on stocks. By ignoring them, I have done well !!!!

Edited January 21, 2014 by swedish weave