100 Shares of Carnival Stock Perk

[glrounds]

17 hours ago, Saint Greg said:

Circuit City.

 

Blockbuster . . . 🙂

[travelhound]

On 11/4/2020 at 12:10 PM, john91498 said:

I bought 100 shares of CCL at 10.67, so I'm good...

As Warren Buffett said, "Buy when others are fearful"  🙂

[firefly333]

9 minutes ago, travelhound said:

As Warren Buffett said, "Buy when others are fearful"  🙂

They also say beware catching falling knives ... though 10 was probably a good price in hindsight.

 

I've also traded stocks before taxes and there is always a risk when to buy when a stock is falling., done some right and wrong. Diversify. 

[travelhound]

14 minutes ago, firefly333 said:

They also say beware catching falling knives ... though 10 was probably a good price in hindsight.

 

I've also traded stocks before taxes and there is always a risk when to buy when a stock is falling., done some right and wrong. Diversify. 

Yup, nobody can pick the bottom, but at $10, already down from $50, it's hard to go wrong.  

[tallyho8]

The stockholder's OBC can NOT be used on a free or heavily discounted casino rate.

 

I had one from Carnival and one from Holland American and both refused to give me the OBC.

[ALWAYS CRUZIN]

13 hours ago, tallyho8 said:

The stockholder's OBC can NOT be used on a free or heavily discounted casino rate.

 

I had one from Carnival and one from Holland American and both refused to give me the OBC.

That is correct. it indicates just that on the information given for the OBC credit.

[xDisconnections]

16 hours ago, tallyho8 said:

The stockholder's OBC can NOT be used on a free or heavily discounted casino rate.

 

I had one from Carnival and one from Holland American and both refused to give me the OBC.

 

2 hours ago, ALWAYS CRUZIN said:

That is correct. it indicates just that on the information given for the OBC credit.

Actually, YMMV. I have been successful on 3/3 of my deeply discounted casino rates.

[pe4all]

17 hours ago, tallyho8 said:

The stockholder's OBC can NOT be used on a free or heavily discounted casino rate.

 

I had one from Carnival and one from Holland American and both refused to give me the OBC.

I had my stockholder obc added to my casino rate (heavily discounted.). No problem.

[glrounds]

22 hours ago, travelhound said:

Yup, nobody can pick the bottom, but at $10, already down from $50, it's hard to go wrong.  

 

Sometimes DEAD CATS don't bounce !

[xDisconnections]

19 minutes ago, glrounds said:

 

Sometimes DEAD CATS don't bounce !

🚀🚀🚀💯

[Calnev1]

28 minutes ago, glrounds said:

 

Sometimes DEAD CATS don't bounce !

Ya, someone mentioned Blockbuster a few posts ago.  Was down to $10 a share in December, 2003.  Never got north of that again . . . . 

[tidecat]

I totally mistimed the dip and bought at $19.50 back in March, and sold Wednesday at $20.65. I would have been better off waiting until to today to sell.

[ALWAYS CRUZIN]

19 hours ago, pe4all said:

I had my stockholder obc added to my casino rate (heavily discounted.). No problem.

Casino rates are not part of the OBC stipulations. Most all cruises are discounted to some extent.

[ALWAYS CRUZIN]

3 minutes ago, ALWAYS CRUZIN said:

Casino rates are not part of the OBC stipulations. Most all cruises are discounted to some extent.

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agents cruising at travel agent rates, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer.

[firefly333]

16 hours ago, tidecat said:

I totally mistimed the dip and bought at $19.50 back in March, and sold Wednesday at $20.65. I would have been better off waiting until to today to sell.

Dont feel bad I loaded up at $30, and cant get out without a large loss ... still might take the loss before year end. Cant buy back for 30 days, but could buy rcl instead if it dips. 

 

I bought before princess got docked in japan or wherever and disaster struck. When I heard that I was like ... oh no. I'm in deep do do.

[tallyho8]

I always keep 100 shares of Carnival stock but I buy when prices are low and sell when high. I bought a few hundred shares after the Costa Concordia sank and sold them later at a huge profit and bought hundreds more at $7.97 in April. I'm not ready to sell yet because I think the prices are going to jump big once the vaccines start. I also got some Norwegian at $7.77.

 

In volatile times people can easily make or lose a fortune on stocks very quickly.

[travelhound]

23 hours ago, firefly333 said:

Dont feel bad I loaded up at $30, and cant get out without a large loss ... still might take the loss before year end. Cant buy back for 30 days, but could buy rcl instead if it dips. 

 

I bought before princess got docked in japan or wherever and disaster struck. When I heard that I was like ... oh no. I'm in deep do do.

That's a good point.  You could take the loss on CCL and then buy RCL, to avoid a wash sale.  RCL is almost perfectly correlated to CCL.  It will take a while for the cruise lines to recover, but there is light at the end of the tunnel now, with several successful vaccines to start distribution 🙂

Edited November 29, 2020 by travelhound

[firefly333]

17 minutes ago, travelhound said:

That's a good point.  You could take the loss on CCL and then buy RCL, to avoid a wash sale.  RCL is almost perfectly correlated to CCL.  It will take a while for the cruise lines to recover, but there is light at the end of the tunnel now, with several successful vaccines to start distribution 🙂

Yep if I can get out with a loss of less than 100k I might and run to rcl. Got a lot unfortunately.  

 

Will be watching daily for the next month for a good exit pt. 

 

Tax people say dont be afraid to take a loss. 

 

I think it's good news that the vaccine was already on planes last friday. 

[travelhound]

1 minute ago, firefly333 said:

Yep if I can get out with a loss of less than 100k I might and run to rcl. Got a lot unfortunately.  

 

Will be watching daily for the next month for a good exit pt. 

 

Tax people say dont be afraid to take a loss. 

 

I think it's good news that the vaccine was already on planes last friday. 

Yup, a lot will depend on the speed of the distribution, but with vaccines that are 95% effective, it's just a matter of time before the cruise industry recovers.

[Calnev1]

On 11/27/2020 at 4:07 PM, tidecat said:

I totally mistimed the dip and bought at $19.50 back in March, and sold Wednesday at $20.65. I would have been better off waiting until to today to sell.ey

Hey, c'mon, at least you made some profit!  If we could all buy at the very bottom and sell at the very top, we wouldn't be posting about Carnival Cruises . . . cause we would be sailing on our own super yachts!!

[xDisconnections]

1 hour ago, firefly333 said:

Yep if I can get out with a loss of less than 100k I might and run to rcl. Got a lot unfortunately.  

 

Will be watching daily for the next month for a good exit pt. 

 

Tax people say dont be afraid to take a loss. 

 

I think it's good news that the vaccine was already on planes last friday. 

Did you try cost averaging towards the lows?

[xDisconnections]

32 minutes ago, Calnev1 said:

Hey, c'mon, at least you made some profit!  If we could all buy at the very bottom and sell at the very top, we wouldn't be posting about Carnival Cruises . . . cause we would be sailing on our own super yachts!!

Not so sure. Many have a bizarre attraction to Carnival that I don’t quite understand.

[firefly333]

2 minutes ago, xDisconnections said:

Not so sure. Many have a bizarre attraction to Carnival that I don’t quite understand.

 

3 minutes ago, xDisconnections said:

Did you try cost averaging towards the lows?

Yea that's how I have over 10k shares ...before disaster hit. I have shares at about 35 from I'd guess 15 years ago, I'd always keep some, but not that many. Dropped like a rock when princess got stuck in port. Been holding waiting ever since. Luckily I have some large gains I can take the loss against.

 

I've followed stocks since 8th grade and traded before. Since I'm aware of the wash rule I'm pretty seasoned. Win some lose some. I'll keep my oil stocks, they coming back already, ccl is the one I want to dump.

 

I had a gains earlier to offset. You know I never knew until 2 years ago when I took some gains that it not only affects your taxes but how much you pay for medicare. I assumed medicare insurance was a fixed amount. Wrong, based on income. So I'll live. Gains bigger than ccl loss, medicare will still go up. 

 

I couldn't wait to turn 65, thought medicare was a fixed price, now I know better. Sold one stock and it tripled or more.

[travelhound]

26 minutes ago, firefly333 said:

 

Yea that's how I have over 10k shares ...before disaster hit. I have shares at about 35 from I'd guess 15 years ago, I'd always keep some, but not that many. Dropped like a rock when princess got stuck in port. Been holding waiting ever since. Luckily I have some large gains I can take the loss against.

 

I've followed stocks since 8th grade and traded before. Since I'm aware of the wash rule I'm pretty seasoned. Win some lose some. I'll keep my oil stocks, they coming back already, ccl is the one I want to dump.

 

I had a gains earlier to offset. You know I never knew until 2 years ago when I took some gains that it not only affects your taxes but how much you pay for medicare. I assumed medicare insurance was a fixed amount. Wrong, based on income. So I'll live. Gains bigger than ccl loss, medicare will still go up. 

 

I couldn't wait to turn 65, thought medicare was a fixed price, now I know better. Sold one stock and it tripled or more.

You should think about selling some call options on your stock.  It could be a good way to reduce your cost basis.

[firefly333]

2 hours ago, travelhound said:

You should think about selling some call options on your stock.  It could be a good way to reduce your cost basis.

I'd rather take the loss before year end as I have a big gain to offset. 

 

Mostly some tiny little mask maker traders got a hold of, and I had to sell when it stopped or never see those prices again. Was just traders drove up the price. A lottery ticket. So I have a big gain to offset loss., 

 

But I'll wait and see where ccl is end of the year. I was just hearing a blogger say ccl sold some unsecured bonds to raise cash at a pretty high interest rate 8 to 12 %. Its just picking the best sell pt. I'd rather be out long term, no offense but will be a while to turn a profit imo.