Censored Posted November 3, 2022 Report Share Posted November 3, 2022 Earnings came out better than expected. So is it time to buy? Or is this still a volatile kind of stock and market? One more virus pandemic and kaboom! Quote Link to comment Share on other sites More sharing options...
Ryan79 Posted November 3, 2022 Report Share Posted November 3, 2022 Time to buy is before “better than expected” earnings are announced. sammy79, KJones, FloatyBoaty and 3 others 6 Quote Link to comment Share on other sites More sharing options...
FireFishII Posted November 3, 2022 Report Share Posted November 3, 2022 Buy low and sell high. I purchased my stock in June when the stock prices were just $33. It is now up to $52. It has been over $100 prior to the pandemic. The highest in the past 5 years was $135. There is no guarantee on stock prices. It is always a moving target. So buy only if you have the funds that you could lose if the entire company goes bankrupt. If you do purchase stock, plan on sitting back and enjoying the ride. ChessE4 1 Quote Link to comment Share on other sites More sharing options...
FSUFAN Posted November 3, 2022 Report Share Posted November 3, 2022 I bought in the low $40s for the OBC. It rolled down to the upper $30s and now as mentioned in the low $50s. It is not an investment for me. It is not a Buy-n-Hold stock. It was money that I could afford to spend and not worry about. If it runs up and I see a good profit, I will most likely sell. If I can make $2,000, then that is OBCs for 20 sailings. The entire travel market is very volatile. Covid type stuff, recession, inflation, housing - basically anything that can eat into digressionary spending is trouble. sammy79, CruisinMikeD, FloatyBoaty and 1 other 4 Quote Link to comment Share on other sites More sharing options...
Matt Posted November 3, 2022 Report Share Posted November 3, 2022 This is when I remind everyone not to take financial investment advice from random people on the internet, especially fans of the company who may not be objective. Geoff P, FireFishII, Baked Alaska and 13 others 9 2 5 Quote Link to comment Share on other sites More sharing options...
Linda R Posted November 3, 2022 Report Share Posted November 3, 2022 I have Royal stock that I bought in August. I mainly bought it for the $100 OBC. Which in 1 year I will have made $1,200 in OBC. So, having the stock prices go up is a plus for me. Allen2, FireFishII and CruiseGus 2 1 Quote Link to comment Share on other sites More sharing options...
mac66 Posted November 3, 2022 Report Share Posted November 3, 2022 It kinda depends on what your intention is. I bought 100 shares this summer because A...I thought it was likely to go up in value if/when the cruise industry bounces back and B...for the onboard credit. I also bought Carnival stock because it was dirt cheap and A..above and B...same OBC deal as RCL. And even though I am unlikely to sail Carnival, I may sail on Princess or Holland America or even Cunard in the future. Allen2 1 Quote Link to comment Share on other sites More sharing options...
TessOR Posted November 3, 2022 Report Share Posted November 3, 2022 I did not know the OBC for stock purchase was a “thing” until I saw it here. Like others, I was in a position to pick up the shares and added 100 Carnival for the same reason. Not looking to sell the stock, but the OBC is a nice dividend in this crazy market so, I’m in. Doesn’t hurt that the stock has gone up $10 since my buy, but since I’m not selling, it’s of no consequence for now, but still makes me smile. Quote Link to comment Share on other sites More sharing options...
mac66 Posted November 3, 2022 Report Share Posted November 3, 2022 3 hours ago, Linda R said: I have Royal stock that I bought in August. I mainly bought it for the $100 OBC. Which in 1 year I will have made $1,200 in OBC. So, having the stock prices go up is a plus for me. Only 39 more cruises and I break even CruiseGus 1 Quote Link to comment Share on other sites More sharing options...
smokeybandit Posted November 3, 2022 Report Share Posted November 3, 2022 Cruise stocks just don't seem like money makers to me. Despite a good 3Q they still project losses for 4Q https://seekingalpha.com/news/3900931-royal-caribbean-cruise-stock-sails-lower-on-large-loss-forecasts?utm_source=businessinsider&utm_medium=referral Baked Alaska, WAAAYTOOO and cruisellama 3 Quote Link to comment Share on other sites More sharing options...
cruisellama Posted November 3, 2022 Report Share Posted November 3, 2022 Buy 100 shares for the OBC and take that as the return. Quote Link to comment Share on other sites More sharing options...
FloatyBoaty Posted November 3, 2022 Report Share Posted November 3, 2022 1 hour ago, mac66 said: Only 39 more cruises and I break even I'm up for that challenge - might take a few years or more, but you will never find me not requesting my shareholder benefit! Quote Link to comment Share on other sites More sharing options...
Va4fam Posted November 4, 2022 Report Share Posted November 4, 2022 1 hour ago, FloatyBoaty said: I'm up for that challenge - might take a few years or more, but you will never find me not requesting my shareholder benefit! Cruise every week of the year and the OBC pays for your investment. FloatyBoaty 1 Quote Link to comment Share on other sites More sharing options...
billdauterive Posted November 4, 2022 Report Share Posted November 4, 2022 18 hours ago, cruisellama said: Buy 100 shares for the OBC and take that as the return. That's been my philosophy. I think if you plan to cruise enough each year, it's a nice guaranteed return regardless of the actual stock price. I don't think of the first 100 shares as an investment, but more as a savings vehicle or annuity (if you get it at a low enough price). cruisellama 1 Quote Link to comment Share on other sites More sharing options...
billdauterive Posted November 4, 2022 Report Share Posted November 4, 2022 On 11/3/2022 at 11:29 AM, Matt said: This is when I remind everyone not to take financial investment advice from random people on the internet, especially fans of the company who may not be objective. Carlos A., AshleyDillo and sk8erguy1978 3 Quote Link to comment Share on other sites More sharing options...
sk8erguy1978 Posted November 4, 2022 Report Share Posted November 4, 2022 On 11/3/2022 at 12:29 PM, Matt said: This is when I remind everyone not to take financial investment advice from random people on the internet, especially fans of the company who may not be objective. Unless it comes from r/wallstreetbets subreddit, then it's solid advice. LOL TessOR and Matt 2 Quote Link to comment Share on other sites More sharing options...
Allen2 Posted November 4, 2022 Report Share Posted November 4, 2022 2 hours ago, billdauterive said: That's been my philosophy. I think if you plan to cruise enough each year, it's a nice guaranteed return regardless of the actual stock price. I don't think of the first 100 shares as an investment, but more as a savings vehicle or annuity (if you get it at a low enough price). Reminder: neither Royal nor Carnival pay dividends. Ryan79 1 Quote Link to comment Share on other sites More sharing options...
CGTLH Posted November 4, 2022 Report Share Posted November 4, 2022 1 hour ago, Allen2 said: Reminder: neither Royal nor Carnival pay dividends. Currently... Both use to pay a quarterly dividend prior to the pandemic shutdown (2/2020 RCL). Last time dividends were suspended was 2008 to 2011 (RCL). Quote Link to comment Share on other sites More sharing options...
FSUFAN Posted November 4, 2022 Report Share Posted November 4, 2022 My Financial Advisor hates me buying cruise stocks. She considers them too volatile and kind of "junk" status. But I have a set amount of "play" money that I am able to make buys like RCL holdings. I have a HAL cruise in August. Might buy CCL since it is under $10. Again, I'm not a financial expert by any means. Any advice from me is just a best guess. FireFishII 1 Quote Link to comment Share on other sites More sharing options...
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