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Old November 11th, 2008, 06:25 PM
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Default Stock Price

Hello:

I am thinking of purchasing RCL, seeing as to how long the stock price has gone in recent months (11.70 as of November 11). Do you perceive any risk of bankruptcy? It seems to be taking an unfair hit lately. Any thoughts?
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Old November 12th, 2008, 01:50 PM
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I purchased it last April at $32.00/share and although it has dropped drastically there is no way it's going under - look at all the other stocks - I figure we'll get $100 onboard credit ($200 for longer ones) for the next 20 or so cruises and we'll definitely get our money's worth out of it - in fact if it's that low, I may buy another 100 shares. Good luck!
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Old November 12th, 2008, 02:55 PM
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With all the cost cutting going on, that OBC perk just might go away.
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Old November 13th, 2008, 02:03 AM
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I was think of buying more just to average down.
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Old November 13th, 2008, 10:16 AM
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Hi I will give my two cent here. http://finance.yahoo.com/q?s=rcl there is a link to fundmentals of this stock. What make me nervous about RCL is all the large ships they are building; with the downturn will they be able to fill them? If the ship is only half full is it cost effective to run. Here is a chart this has the Moving average of the stock price for 50 days, 100 days and 150 days. It compares the stock price to Carnivals stock price (in yellow). Both stocks are below all averages. You may want to wait for the stock to start moving up.
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Old November 13th, 2008, 06:41 PM
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Default Re: Stock Price

sdecker,

Quote:
Originally Posted by You
Hello:

I am thinking of purchasing RCL, seeing as to how long the stock price has gone in recent months (11.70 as of November 11). Do you perceive any risk of bankruptcy? It seems to be taking an unfair hit lately. Any thoughts?
In the wake of the "9/11" attack and the major economic downturn that followed, many investors thought that the combination of fear of the terrorist threat and affordability would dry up the cruise business. The reality of the time, however, was that economizers booked cruises as less expensive alternatives to vacations at resorts ashore (compare the price of a week at Disney World with the price of a seven night cruise!) and cruise lines consequently reported record high occupancy, solid yields, and record onboard sales. I noticed this personally, with upgrades becoming non-existent and ships sailing packed even on the cruises that I took during the slow seasons.

So there are tough economic times, and the scaremongers have panicked causing the stock to plunge. I see no reason to expect a pattern any different than that of the record occupancies 2002-2004. I also do not foresee any difficulty selling the new capacity that's slated for delivery in the next few years.

The stock still might go lower before it goes higher, but I doubt that anybody who buys shares now will regret the decision a decade from now. The dividend yield is now above 5%(!), and the dividend is not likely to diminish because the company is posting solid profits.

And here, I should add the usual disclaimer that this post is neither an offer to sell nor a solicitation to buy shares of Royal Caribbean Cruises Ltd. (NYSE: RCL), that these share might or might not be a suitable investment for *your* portfolio, and that you should consult your broker or financial advisor for advice specific to your finanical situation.

Norm, who just "backed up the truck" for another 2,000 shares.
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Old November 13th, 2008, 09:49 PM
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My Dad says buy low, sell high! Bob
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Old November 16th, 2008, 10:21 PM
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I am a RCCL stock holder and I think that in time they will go up again.

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Old November 17th, 2008, 10:07 AM
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Glad to hear you say that. I just purchased another 100 shares at $10.30.
My average cost went down & I figure we're young enough & have plenty of time to wait. I hope !!
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Old November 17th, 2008, 10:21 AM
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Quote:
Originally Posted by ragtiki2005
My Dad says buy low, sell high! Bob
You could also Sell high and buy low (short selling). That makes more sense in this economy. I'm to afraid, I don't like being on margin. Feels to much like a loan shark.
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Old November 17th, 2008, 10:23 AM
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Quote:
Originally Posted by bgsimp
Glad to hear you say that. I just purchased another 100 shares at $10.30.
My average cost went down & I figure we're young enough & have plenty of time to wait. I hope !!
I've been waiting for it to drop below $10. May be this week.
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Old November 18th, 2008, 02:24 AM
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Didn't have to wait long. I did get 50 sh @ $9.74 yesterday.
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Old November 18th, 2008, 08:36 PM
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Quote:
Originally Posted by Snoozeman
Didn't have to wait long. I did get 50 sh @ $9.74 yesterday.
Good Job !!
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Old November 18th, 2008, 10:07 PM
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I might buy some more myself.

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Old November 19th, 2008, 12:06 AM
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They announced today that they will cease paying dividends.
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Old January 1st, 2009, 01:05 PM
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Purchased 100 shares on 12/11 at 10.700 per. Been moving upwards ever since. I'm happy with it! Getting $100 shareholder credit on upcoming cruise at end of January doesn't hurt either!
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Old January 1st, 2009, 03:49 PM
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Default RCI Shares

Well, the first time I bought RCI, I paid $44 per share. Later, as the stock seemed to be in freefall, I bought another 100 shares at $22. My last purchase was at $6.26 per share (a few weeks ago).

Since my last purchase, I have doubled my investment - - at least on the last 100 shares. Still have a way to go to break even on the rest of it.

I still think it's a good investment. I guess I could look at the shipboard credit as a form of dividends.......
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