Buy it now! Stock at 52 week low

[DC2OC]

Buy the stock for your 401k or IRA and enjoy the benifits.There are no sure things,look at the telcom stocks,but if you take long cruises the on board credit is a good return..........................................Frank:)

[Lsimon]

what would happen if I book a cruise then buy the stock, fax it in for a cruise in nov 07, and sell the shares before the cruise takes place in 07? would they know I no longer own the stock? would they take away the credit?

 

Theoretically this would work - but I would caution you against this plan. Looking at the up and down volatility of this stock, you could easily loose much more than your on-board credit - unless you hold a crystal ball. If you had done this a month or so ago, you might have found yourself with a very sudden $500 to $800 loss. While there is some talk here that the stock is at a low point and unlikely to go lower, I'm sure there are thousands and thousands of investors who thought that this was the case a month ago too. Don't get me wrong - I hold a fair amount of RCL stock, but as a longer term portion of my portfolio - so I'm hoping this will eventually go up. But I wouldn't invest $3,700, which could vary by several hundred dollars a day, for a very very short period in hopes of timing it right for a $100 or $200 return (less if you count out both the buying and selling brokers fees).