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Old January 17th, 2005, 10:00 PM
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Default Carnival Stock

I have heard that if one owns 100 shares of Carnival stock that they get an additional $250 shipboard credits for any cruise on any of their lines 14 days or longer and $100 credit for shorter cruises. Does anyone know if this is still true?

Carnival stock has doubed in this last year and if this is true, I'd be wishing I bought some earlier as it is now almost $58/share.

As I have two more cruises scheduled with Princess and the stock seems to be climbing, it might be a good idea to buy some. Comments?
Frank-in-CA
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Old January 17th, 2005, 10:01 PM
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Default Re: Carnival Stock

Its true!

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Old January 17th, 2005, 11:46 PM
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Default Re: Carnival Stock

I read on another cruise board that as of this year other shipboard credit and stockholder credit cannot be combined, something to consider before investing. You may want to call Princess to verify this.

By "other shipboard credit" I mean cruise credit from a travel agency or an advanced booking credit.

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Old January 18th, 2005, 03:10 PM
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Default Re: Re: Carnival Stock

Thanks for the tip - I'll look into that as I always book on board to get the credits and low deposits.
Frank
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Old January 19th, 2005, 08:32 PM
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Default Re: Re: Carnival Stock

I called Princess and they verified that the credit from being a stock holder can not be combined with other credits. Even more restrictive, it can't be used for gratuities, casino cash, etc. I'm not quite sure how they make sure the credit isn't used against these items but it seems to me that it is too restrictive for me.

The reason to buy CCL is if one thinks it is a good investment not to get those credits but they would have been a nice perk. With all the restrictions and inability to combine with other credits, I think they are doing a disservice to their stockholders when they should be giving them a perk. JMNSHO.
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Old January 20th, 2005, 12:43 AM
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Default Re: Carnival Stock

Wow, more roll backs. We were considering buying the stock about a year ago but decided it was too risky, with the world the way it is. If a terrorist attack were to happen again the travel related stocks would tank. I certainly pray that will never happen again, but to us it was too much of a gamble.
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Old January 21st, 2005, 01:46 AM
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Default Re: Re: Carnival Stock

You should have purchased the stock a year ago as you would have doubled your money. Cruise bookings are up as are prices which equates to more profit. Some cruises are selling out a year or more in advance. CCL was one of the few stocks that have kept rising while the market dropped this week.

That being said, it won't double this year but could hit $70. I think it is around $58 now.
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