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Is CCL a buy?

Posted on 7/29/22 at 10:54 am
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 7/29/22 at 10:54 am
Easy question, is CCL a buy at these prices?
Posted by skewbs
Member since Apr 2008
2000 posts
Posted on 7/29/22 at 12:38 pm to
I bought and sold twice since March 2020, both for 20% plus gains. However, this is play money (approx. $1K at risk each time). Given the investment size the only research I did was technical - pricing and charting.

Depending on your time horizon, you have to think it will be above $9 in 5 years. The question is on opportunity cost. Will your money be better invested elsewhere during that timeframe.
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6717 posts
Posted on 7/29/22 at 9:31 pm to
I mean if you cruise you might as well buy 100 shares

quote:

Cruise travelers owning 100 shares in Carnival, Royal Caribbean, or Norwegian can receive up to $250 in onboard credits.


quote:

Additional benefits of using CruiseCompete range from personalized offers with cabin upgrades, cabin credits and more valuable amenities. In addition to the amenities offered, owning cruise line stock brings additional benefits to shareholders.


LINK
This post was edited on 7/29/22 at 9:32 pm
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70913 posts
Posted on 7/30/22 at 11:50 am to
Are those bonuses transferable? As in if I buy to get to 100 shares, I can let a friend or relative piggyback on it?

For the OP, it's been very volatile recently so you might want to consider swing trading.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2814 posts
Posted on 7/30/22 at 11:57 am to
I read into the incentive program a little. Here’s the catch...
$250 is only for a 14+ day cruise.
$100 for 7-14 day trip.
$50 for a standard 3-4 day.
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 7/30/22 at 12:02 pm to
The shareholder benefit can be used for drinks, food, souvenirs and any leftover can be applied to tips.
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 6/13/23 at 11:25 am to
Well it took a year but CCL finally seems to have some life. Rumors are that demand is way up and earnings are going to be good. A chance it gets back in the $20s
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2127 posts
Posted on 3/26/24 at 8:15 am to
Bought some and held. Haven't updated this thread in a while but things look good. My cost average is 8.90 so up over 100%. This next earnings could push it over 20. They are paying down debt and bookings continue to set records. The change in management seems to have really paid off
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