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Old January 17th, 2012, 12:26 PM
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Default Carnival Stock

Is under $30.00...would you consider purchasing any now?
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Old January 17th, 2012, 07:06 PM
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I was going to wait to see if it hit below $25 before buying.

Not sure if spending the money for 100 shares just to get the OBC is all that worth it.
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Old January 17th, 2012, 09:05 PM
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Old January 18th, 2012, 06:28 AM
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Quote:
Originally Posted by Phil&Liz View Post
I was going to wait to see if it hit below $25 before buying.

Not sure if spending the money for 100 shares just to get the OBC is all that worth it.
A 15% price decline (to 29) is not enough to jump in. I want a price that assumes a worst-case scenario (not sure if 25 is low enough) --- then anything better is a winner.

A few years ago I owned 100 shares to get the OBC, but it turned out to be an illusion. It reminded of the coupon that is “not good with other offers”. We already had an OBC due from early booking and other package discounts, that were offset against the stock OBC, so we never actually got it.
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Old January 18th, 2012, 09:14 AM
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Definitely not time to jump in if you are looking for a bargain but may be worth it if you are just looking for a place to put $3000 and get the investors benefit. It may drop in the short term but will probably be back over $30 in a fairly short time but I wouldn't risk a large amount on it. We still have to see about the lawsuits and other expenses that are realized.

The interesting thing is that CCL also brought down RCL.

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