Go Back   CruiseMates Cruise Community and Forums > Cruise Lines (Mainstream) > Celebrity
Register Forgot Password?

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old March 9th, 2010, 08:12 PM
Senior Member
Admiral
 
Join Date: May 2003
Location: Massachusetts
Posts: 4,772
Default Disclosure....

Everybody,

By way of full disclosure, I liquidated 40% of my position in Royal Caribbean Cruises Ltd. (NYSE: RCL), the parent of Celebrity Cruises, today.

This action has nothing whatsoever to do with anything that took place at the company. I still believe that the company is a great investment, with a lot of room to run, and it is still one of my largest holdings.

Quite simply, I had "backed up the truck" by increasing my position to 5,000 shares when the stock fell below $5.00 per share a bit over a year ago. At its current price in the vicinity of $30.00 per share, this position had grown in value to represent nearly 15% of my portfolio. The principles of sound investment dictated that a rebalancing of the portfolio was long overdue, requiring sale of a substantial part of the position.

I'm still looking forward to cruising aboard Celebrity's ships -- yes, NurseDebra, even, no, especially, aboard the ships of the Celebrity Millennium class! -- and to receiving the stockholders' benefit when doing so.

I'm also continuing to hold 3,000 shares of this company as a long-term investment. I'm looking forward to attending the annual stockholders' meeting in Miami a few months, with the hope that many of you also will be there!

Norm.
Reply With Quote
Sponsored Links
  #2 (permalink)  
Old March 9th, 2010, 08:24 PM
Senior Member
Admiral
 
Join Date: Sep 2005
Location: Palm Coast, Florida
Posts: 18,930
Default

Norm my dw and I also love the M class Celebrity ships. We are doing a few mega ships such as the Liberty OTS and the Oasis, while we still have our youth and energy. I am only 63 years old. When we get older we will stay with the Celebrity fleet.

We too are stockholders and have enjoyed the stockholder's credit for some time.

TM
__________________
CRUISES
Century 4/1998
Mercury 4/2000+4/2006+7/2007
Sensation 4/2002
Infinity 4/2003
Summit 4/2004+4/2005
Carnival Liberty New Year's Eve 2007
Liberty of the Seas 5/2008+11/2009
Solstice 4/2009
Oasis 4/2010+4/13/2013
Allure 1/16/ 2011
Equinox 4/11/2011
Independence of the Seas 12/29/2013 Top-notch!
Reply With Quote
  #3 (permalink)  
Old March 11th, 2010, 01:44 PM
longboysfan's Avatar
Senior Member
Cruise Maniac
 
Join Date: Nov 2005
Location: Northern Jersey
Posts: 121
Default

Good if you bought it way down low.
Not enough bucks in the kitty to get it when it was that low.

I did bottom feed on a few others that have gone up - but not this much.
__________________
We be Cruzin... Summitt - from San Juan.
January 2nd - ...... To the South.
Reply With Quote
  #4 (permalink)  
Old March 11th, 2010, 03:34 PM
Senior Member
Admiral
 
Join Date: Sep 2005
Location: MA
Posts: 1,768
Cool Youth and energy

Quote:
Originally Posted by Manuel View Post
Norm my dw and I also love the M class Celebrity ships. We are doing a few mega ships such as the Liberty OTS and the Oasis, while we still have our youth and energy. I am only 63 years old. When we get older we will stay with the Celebrity fleet.

We too are stockholders and have enjoyed the stockholder's credit for some time.

TM
WHAT DOES youth and energy have to do with it!! We are much older and still love to go.. the S class we will check out for the next two cruises..You and I both know the people in wheelchairs, electric scooters, walkers..all enjoy the wonderful experience of cruising..As long as there is a will there is a way..no matter how big the ship is...
Reply With Quote
Reply

Bookmarks

Similar Threads
Thread Thread Starter Forum Replies Last Post
Disclosure.... Rev22:17 Azamara Cruises 4 August 13th, 2010 04:00 PM
Disclosure.... Rev22:17 Royal Caribbean International 7 March 11th, 2010 06:55 PM
Fuel Surcharge refunds for non disclosure Dannyboy Celebrity 3 July 30th, 2008 10:51 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


 

All times are GMT -4. The time now is 09:12 PM.
design by: Themes by Design

Powered by vBulletin® Version 3.8.7 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.1