RCL stock - these guys really seem to dislike RCL stock

[Tree_skier]

1 hour ago, clearlake_cruiser said:

I just had to dig up this thread to see what the sentiment was

Kicking myself for selling way too early. 💸

[firefly333]

1 hour ago, Tree_skier said:

Kicking myself for selling way too early. 💸

I sold my few shares 104. And watched and watched. Bought 100 at 90, 87, then the last 100 at 80. Barely dipped below 80 and then started moving up. New high since covid. Watching it onboard. That's the one thing I miss is watching the market and hearing what's going on. I can remember back in the olden days royal had CNBC. I've traded and held mostly for 50 years. When I watch too closely I agree it's hard not to trade in and out. As the guy in annie said ... both my hands start to itch. Rcl charts been talking to me. Right now I'm seeing if it can hold 120, feels like resistance. Even if it sells off a bit wouldnt drop much this time. Just could pull back a little to gather strength. New high since covid. Its low float high beta so swings are bigger in price movements. 

 

I'm holding here. All this nickle and diming will pay off during earnings. 

 

I dont mind missing anything else when I'm cruising except stock talk. I just love stocks so much, pays for my cruises.  But you gotta learn charts. The computers trade off the charts. 

 

I am not privy to why rcl is moving up so strongly right now (let's be honest a month or so ago after earnings slipped below 80), but my educated guess with no data here on harmony is because oil is dropping. Of course we know rcl hedges unlike carnival but i doubt those day traders and computers care. All they care about is their signals based on charts. Sold nvda so got cash now to buy more rcl, but not here at 120. Lol of course Ike I wish I'd bought more around the dip to 80.

 

This chart clearly shows the recent sell off, buy buy buy, no reason for the sell off imo. How can you not love stocks. Who needs the casino, mine is stocks. 

 

[MichaelCMTX]

1 hour ago, firefly333 said:

How can you not love stocks. Who needs the casino, mine is stocks. 

 

 

I sold a bunch to put a down payment on a new car in early 2022 just before it cratered into the 30s.  I don't get that lucky in casinos.

[livingonthebeach]

I don’t day trade RCL stock nor do I go in and out on support and resistance chart indicators. I do look at the fundamentals and they’ve been looking good since the restart, despite the debt service. I bought in the 30-60 dollar range this past year and the stock is now trading at over 110. I can’t complain. 

 

The travel and leisure sector was hit the hardest during the pandemic and is now coming back stronger than its descent. 

[grandgeezer]

On January 17, 2020 was at $132+ a share and paid a $3.16 per share dividend. Then the pandemic hit, and within a few months, the share price fell below $20 and the dividend was eliminated.

It is December 8, 2023 and the share price is about $120 and still no dividend. That doesn’t look like the coming back is faster than the descent to me.

[firefly333]

9 hours ago, grandgeezer said:

On January 17, 2020 was at $132+ a share and paid a $3.16 per share dividend. Then the pandemic hit, and within a few months, the share price fell below $20 and the dividend was eliminated.

It is December 8, 2023 and the share price is about $120 and still no dividend. That doesn’t look like the coming back is faster than the descent to me.

I agree. My personal portfolio is set up mostly of dividend paying stocks. No dividend, like rcl now, it's for fun. My serious hold stocks pay dividends. CAT oil stocks, drug stocks. 

 

Without a dividend I think this price is getting a bit high value wise again for me. Gotta have a few to play with. With my parents trust funds even more conservative. 6 month treasuries with free cash. Waiting for signs the fed will cut to go longer. Tax free govt bond funds, some dividend stocks. Ultra conservative. Next 6 month flip of govt treasuries is feb so I'm watching rates like a hawk.

[Baron Barracuda]

11 hours ago, grandgeezer said:

On January 17, 2020 was at $132+ a share and paid a $3.16 per share dividend. Then the pandemic hit, and within a few months, the share price fell below $20 and the dividend was eliminated.

It is December 8, 2023 and the share price is about $120 and still no dividend. That doesn’t look like the coming back is faster than the descent to me.

Haven't read through the prospectuses but it's likely debt covenants prevent RCL from paying a dividend until capital ratios get back to a certain level.  Business may be performing fine, but balance sheet is still highly leveraged.

[bonsai3s]

12 hours ago, grandgeezer said:

On January 17, 2020 was at $132+ a share and paid a $3.16 per share dividend. Then the pandemic hit, and within a few months, the share price fell below $20 and the dividend was eliminated.

It is December 8, 2023 and the share price is about $120 and still no dividend. That doesn’t look like the coming back is faster than the descent to me.

 

Agree...

 

But...politely,

 

There are some who purchased shares...at the low price $20-$30...to simply get shareholder's OBC.

 

They will argue that they've cruised more than enough, and received more than enough OBC  to pay for the purchase price.

 

* Disclaimer: I am not an expert in stock trading....just happy to still be able to cruise. 

[grandgeezer]

22 minutes ago, bonsai3s said:

 

Agree...

 

But...politely,

 

There are some who purchased shares...at the low price $20-$30...to simply get shareholder's OBC.

 

They will argue that they've cruised more than enough, and received more than enough OBC  to pay for the purchase price.

 

* Disclaimer: I am not an expert in stock trading....just happy to still be able to cruise. 

In my opinion shareholder’s OBC is fools gold. It is money you have to spend on greatly overpriced things, or lose it. Somebody will say they would have bought the product/service anyway. Others say, me included, I wouldn’t pay the high price no matter what. Also, you have to book a cruise every time you want to get the OBC.

With stocks you get the dividends every year to spend as you please or save it. I have a couple of stocks that I have completely recovered the money I paid for it and still have the stock.

I’m no expert either, I got the bug in the late 80s and it has allowed me to retire at 55 and live a life style I never would have imagined.

[firefly333]

1 hour ago, grandgeezer said:

In my opinion shareholder’s OBC is fools gold. It is money you have to spend on greatly overpriced things, or lose it. Somebody will say they would have bought the product/service anyway. Others say, me included, I wouldn’t pay the high price no matter what. Also, you have to book a cruise every time you want to get the OBC.

With stocks you get the dividends every year to spend as you please or save it. I have a couple of stocks that I have completely recovered the money I paid for it and still have the stock.

I’m no expert either, I got the bug in the late 80s and it has allowed me to retire at 55 and live a life style I never would have imagined.

As I said its bought with my play money, because no dividend, but I also cruise a lot and it plus a little from TA pays my auto tips and more. Keeps me from complaining about service. My cabin steward seems to think no service is ok this week. I'm glad im changing cabins. She is moving my suitcase after I pack up so I dont want trouble so not saying anything. I just sat my trash in the hall after 3 days not emptied. I've been seeing others doing this. None of the keep things on hangers either, she said after I pack up. And yes I tipped her extra to move me. 

[bonsai3s]

1 hour ago, firefly333 said:

As I said its bought with my play money, because no dividend, but I also cruise a lot and it plus a little from TA pays my auto tips and more. Keeps me from complaining about service. My cabin steward seems to think no service is ok this week. I'm glad im changing cabins. She is moving my suitcase after I pack up so I dont want trouble so not saying anything. I just sat my trash in the hall after 3 days not emptied. I've been seeing others doing this. None of the keep things on hangers either, she said after I pack up. And yes I tipped her extra to move me. 

You should really speak to her supervisor. 

[Another_Critic]

12 hours ago, grandgeezer said:

In my opinion shareholder’s OBC is fools gold. It is money you have to spend on greatly overpriced things, or lose it.

I use OBC for daily gratuities on every cruise.

[Biker19]

17 hours ago, grandgeezer said:

It is money you have to spend on greatly overpriced things, or lose it. 

Unless and until RCI disallows it, that and any kind of OBC can be cashed out at a slot machine in the casino. 

[cruiseboy89130]

4 hours ago, Biker19 said:

Unless and until RCI disallows it, that and any kind of OBC can be cashed out at a slot machine in the casino. 

Or any table game.....

[Ourusualbeach]

2 hours ago, cruiseboy89130 said:

Or any table game.....

At a table game you have o play though your chips before you can cash any out.  At the slot there is no such requirement

[cruiseboy89130]

16 minutes ago, Ourusualbeach said:

At a table game you have o play though your chips before you can cash any out.  At the slot there is no such requirement

No not true!

You pay 5% for charging your cabin - but can stop any time....I usually play 2 hands before I get up and cash in - if it goes well - maybe longer😝

[Ourusualbeach]

1 minute ago, cruiseboy89130 said:

No not true!

You pay 5% for charging your cabin - but can stop any time....I usually play 2 hands before I get up and cash in - if it goes well - maybe longer😝

I've never been charged the 5% and I know plenty of other people who necmver have been either. 

[cruiseboy89130]

10 minutes ago, Ourusualbeach said:

I've never been charged the 5% and I know plenty of other people who necmver have been either. 

Well I guess it depends how you do this - if you just give them your card at the table and say "charge my cabin" they will inform you of the 5% surcharge - but you get regular chips and do not need to play them....

We are talking table games - not slot machines.....

[Ourusualbeach]

10 minutes ago, cruiseboy89130 said:

Well I guess it depends how you do this - if you just give them your card at the table and say "charge my cabin" they will inform you of the 5% surcharge - but you get regular chips and do not need to play them....

We are talking table games - not slot machines.....

Taking out money through the dots there is no 5% fee and you can immediately cash out. 

[cruiseboy89130]

4 minutes ago, Ourusualbeach said:

Taking out money through the dots there is no 5% fee and you can immediately cash out. 

???

[Starry Eyes]

On 12/9/2023 at 2:28 PM, grandgeezer said:

In my opinion shareholder’s OBC is fools gold. It is money you have to spend on greatly overpriced things, or lose it. Somebody will say they would have bought the product/service anyway. Others say, me included, I wouldn’t pay the high price no matter what. Also, you have to book a cruise every time you want to get the OBC.

With stocks you get the dividends every year to spend as you please or save it. I have a couple of stocks that I have completely recovered the money I paid for it and still have the stock.

I’m no expert either, I got the bug in the late 80s and it has allowed me to retire at 55 and live a life style I never would have imagined.

Well, of course for a person who no longer cruises shareholder’s credit would be fool’s gold.   For those of us who still cruise regularly with RCI, the shareholder OBC is nice.   As this is a cruise forum rather than a stock forum, most of us still cruise.  

[Biker19]

44 minutes ago, cruiseboy89130 said:

???

Misspelled slots into dots. 

[grandgeezer]

1 hour ago, Starry Eyes said:

Well, of course for a person who no longer cruises shareholder’s credit would be fool’s gold.   For those of us who still cruise regularly with RCI, the shareholder OBC is nice.   As this is a cruise forum rather than a stock forum, most of us still cruise.  

We’ve done 48 cruises between March 2003 and October 2019, with 36 being on RCL and Celebrity, we thought the same on cruise #48 as we did on cruise #1. Fools gold then and still and that hasn’t changed. Most of the people on this forum might still cruise but that doesn’t mean the bought stock just to get the obc.

[Starry Eyes]

6 minutes ago, grandgeezer said:

We’ve done 48 cruises between March 2003 and October 2019, with 36 being on RCL and Celebrity, we thought the same on cruise #48 as we did on cruise #1. Fools gold then and still and that hasn’t changed. Most of the people on this forum might still cruise but that doesn’t mean the bought stock just to get the obc.

 

OK, so it has been over four years since your last cruise.  As I recall, you recently wrote that you would not cruise again on any cruise line at any price.  If you stick to that, shareholder OBC is worthless to you.  
 

For those of us that regularly receive and use that shareholder OBC, it is a very nice perk…it is not fool’s gold.  I did not buy the stock to just to get the OBC nor did I assert that others did/should.  

[Tlbecker1]

On 12/9/2023 at 11:28 AM, grandgeezer said:

In my opinion shareholder’s OBC is fools gold. It is money you have to spend on greatly overpriced things, or lose it. 

I have NEVER lost my OBC.  I just cash it out in the casino.