CCL Stock

[Ombud]

I tried calling my advisor and left a msg but no response.  

[Daniel A]

43 minutes ago, Ombud said:

Yes!!!! That's my dilemma! I'm becoming a 'pig' instead of an investor. I need to rediscover my objective 

 

Added: I wish Schwab would open up their offices so I could bounce out off my advisor 

At a time like this, people need the advice of an advisor.  If you can't confer with your current adviser maybe it's time to look around for a new one.  Just a thought.

[Daniel A]

$26.58 in after hours trading. 🤑

[caribill]

12 hours ago, Daniel A said:

At a time like this, people need the advice of an advisor.  If you can't confer with your current adviser maybe it's time to look around for a new one.  Just a thought.

 

Your experience may vary, but I have yet to find an advisor that can do better than I can without their advice.

 

On the other hand, I have lots of examples of poor advice that I have received from advisors. They do not know the future any more than you do.

 

There is a reason that most mutual funds do not have performance records better than an index fund which just follows an index such as S&P or DJI. The highly paid gurus that run the mutual funds also cannot tell the future.

[dockman]

I know several financial advisors who declared bankruptcy.  Some of the worst advice I have ever gotten was from financial advisors.  I suppose there are some good ones but even a broken clock is right twice a day.

 

Most recent brilliant advice was to avoid CCL stock.  I ignored him, bought at 8.20 and have tripled my $ in a couple of months.

[Esprit]

I have no trust in Financial Advisers either. I know of one guy that worked as an FA for a few years and was useless. I now see him regularly, working in a Petrol Station kiosk! He's way off retirement too.

[Daniel A]

17 hours ago, Daniel A said:

At a time like this, people need the advice of an advisor.  If you can't confer with your current adviser maybe it's time to look around for a new one.  Just a thought.

Maybe I wrote that post too fast.  I don't use an advisor either but what I should have said was for those who value the advice of an advisor, it is times like this that those people need/want that advisor to be available to them.  If your advisor is not making him/herself available to you during wild market fluctuations he isn't earning his money.  Sometimes just having somebody you trust to hold your hand and suggest you stay the course is what some people need.

[cruzsnooze]

2 hours ago, dockman said:

 

 

Most recent brilliant advice was to avoid CCL stock.  I ignored him, bought at 8.20 and have tripled my $ in a couple of months.

If you didn't sell you haven't made a penny yet.

[dockman]

3 hours ago, cruzsnooze said:

If you didn't sell you haven't made a penny yet.

 thanks capt obvious....the point being that at least i have the opportunity to cash out a nice profit if i so choose.

[OC SeaPA]

3 hours ago, dockman said:

 thanks capt obvious....the point being that at least i have the opportunity to cash out a nice profit if i so choose.

Not sure when or if I'll be selling my 100 shares, so i went and put in for my OBC for 2 cruises deposited- Carnival in November 2020 and Princess in May 2021.  Received the Princess confirmation of OBC the next day- Carnival onfirmation took about 4 days.  Happy with my small investment.  Have used it for 2 prior cruises, plus prior dividends!  I'm a happy campler.  Now if only Princess would refund for my cancelled cruise- I'd be ahead of the game. 

 

Used to have RCI stock, but their shareholder OBC credit (including Celebrity cruise line) can't be used with hardly any fares.  I was better off taking reduced fares, and selling my RCI stock!  

[DrivesLikeMario]

10 hours ago, Esprit said:

I have no trust in Financial Advisers either. I know of one guy that worked as an FA for a few years and was useless. I now see him regularly, working in a Petrol Station kiosk! He's way off retirement too.

I agree.  We've done really well on our own although our advisor calls periodically to check up on us.  I never ask his stock advice because the stocks we invest in aren't on his radar and most FAs know very little about them.   If you can do well on your own, do it that way.  

[oskidunker]

Might e a buying opportunity soon

[travelhound]

On 6/8/2020 at 11:48 AM, Ombud said:

The 1 yr target was just lowered to 17.63 although book remains at 35.45. I have no doubt that it will 'eventually' hit book but might be a few years before it hits last 12 months high of 53.86. Can't figure out my next exit point so I've removed all sell orders. 

 

just my 2c

I think the stock is going to be very volatile until we get a vaccine.  Once they have a vaccine, the stock should quickly return to the $50 price range. 

[mnocket]

With all signs pointing to further delays in return to service (possibly significant delays) - the question now becomes not whether CCL will revisit it's prior low, but how soon?

 

Am I alone if feeling this way?

[oskidunker]

It might, depending somewhat on how the overall market does. I bough 100 more shares at 18.69, original 100 at 9.2. Was hoping to make a good profit on the last shares to use money to pay for 2021 cruise,Might have to wait until September. Hopefully by then there will be some good news regarding a cure or vaccine.

 

We are in buying territory. If you are waiting to buy, don"t wait too long.I would be surprised to see it go under 10 again unless the whole economy tanks.

[dockman]

2 hours ago, mnocket said:

With all signs pointing to further delays in return to service (possibly significant delays) - the question now becomes not whether CCL will revisit it's prior low, but how soon?

 

Am I alone if feeling this way?

 

I expect it to bounce around in the 12-16 range for several months....the announcement of a proper vaccine and additional effective treatments I think will send it into the low 20's.  It would also help if Florida would get the virus there under some semblance of control as Ft Lauderdale is an important port for resumption of services.  I expect Alaska will have a banner year starting in May 2021.  Just my opinion and guess.  Your opinions/ guesses may differ.

[cruzsnooze]

Isn't anyone worried about a bankruptcy and the stock becoming worthless? I did buy 100 shares at $8 so I hope it yields a profit but am not wearing rose colored glasses.

[Ken the cruiser]

6 minutes ago, cruzsnooze said:

Isn't anyone worried about a bankruptcy and the stock becoming worthless? I did buy 100 shares at $8 so I hope it yields a profit but am not wearing rose colored glasses.

Nope. Actually, we could care less what the stock price is. As long as we can get our shareholder benefits when we cruise with Princess or HAL, once they start cruising again, we're good.

Edited July 7, 2020 by Ken the cruiser

[UnorigionalName]

Edited July 7, 2020 by UnorigionalName

[mnocket]

23 minutes ago, UnorigionalName said:

I have no doubt that this is going to end poorly.

[mnocket]

44 minutes ago, cruzsnooze said:

Isn't anyone worried about a bankruptcy and the stock becoming worthless? I did buy 100 shares at $8 so I hope it yields a profit but am not wearing rose colored glasses.

Let's see.....  Taken on huge debt, in an indefinite period of zero revenue,  very large backlog of non-revenue producing FCCs, burning through cash, rapidly declining asset values, worldwide resurgence of coronavirus.  Sounds likely to me that at least some cruise lines will declare bankruptcy - if for no other reason than to restructure debt.  

Edited July 7, 2020 by mnocket

[Ombud]

On 6/8/2020 at 9:48 AM, Ombud said:

The 1 yr target was just lowered to 17.63 although book remains at 35.45. I have no doubt that it will 'eventually' hit book but might be a few years before it hits last 12 months high of 53.86. Can't figure out my next exit point so I've removed all sell orders. 

 

just my 2c

 

On 6/8/2020 at 10:37 AM, frugaltravel said:

As the price kept rising you kept doubting your sell price and/or changing it. Now you have no exit strategy. That's fine but you may regret it later.

Stock kept creeping up ..... still no exit strategy. Had sold 2/3rds but will just sit on last 100 shares for OBC. Currently that'll cover my sailing excursion to the Great Barrier Reef

[philv]

I bought at $18 last year and it’s $25 today so I’m happy. 🤑

[Roger88]

On 7/8/2020 at 12:52 AM, cruzsnooze said:

Isn't anyone worried about a bankruptcy and the stock becoming worthless? I did buy 100 shares at $8 so I hope it yields a profit but am not wearing rose colored glasses.

I doubt you can really win anything out of it. Its a casino type of thing where you as a casual player is doomed to lose unfortunatly. In any case I wish you good luck with it 

[Ombud]

1 hour ago, Roger88 said:

I doubt you can really win anything out of it. Its a casino type of thing where you as a casual player is doomed to lose unfortunatly. In any case I wish you good luck with it 

As long as it's in the trading portion of your portfolio, you should be fine IMHO. That's where mine sits. And as I get older, the trading portion (explore) becomes a smaller % of the total. If I lose it all it does not affect my day-to-day living or the amount I plan to leave to my kids / grandkids. That core amount is kept safe and secure.