CCL STOCK TANKS...AGAIN

Well said, mostly....but AFTER you do your DD...assuming the so-called "average investor" even does that, you MUST learn to factor in the intangibles...your own "comfort factor", based on your resources, age, health, ability to sleep at nite, that conversation with yourself while shaving, which translates into your own personal risk factor...I know you get the point. There is a vast difference between "investing" for the long haul, or whats left of it as one ages, and jumping in based on nothing much..or a tip from Uncle Fred, or your barber. and you KNOW folks do exactly that. News that can affect the market, or no news at all for that matter, can make you crazy. You can't take all the variables into consideration and stay sane. Know everything there is to know about a position (you think), and wake up to discover that the CFO is a crook....or they finally admit the need to "restate" their financials...Try asking someone who's in a mutual what the fund in invested in, and watch the reaction. You know I'd bet real money most folks don't know..Having said all this, I'd still rather play in THIS game, than in anybody's casino..

I've been heavily invested in the stock market for many decades, mostly in a self-directed 401{k} that was rolled over to an IRA. Most of our living expenses are now covered by dividends from that account. Some of my investments have been speculative, while others have been in more traditional blue-chip type stocks. Some have been huge gainers (25x) while some have been losers. You can never lose more than you invested in a particular stock, while the upside can be many, many multiples. Of course, any serious investing requires a lot of research, familiarity/understanding of the company's market, and perhaps a bit of luck as well.

In my case, the free cash in my brokerage account earns about 2% per annum. So for me, it makes sense to invest some of that free cash into a speculative stock that has a high probably of giving me more than a 2% return in less than 1 year, or 4% in 2 years, or 6% in 3 years. That would require a forward PPS of about 7.14 in 1 year, 7.28 in 2 years or 7.42 in 3 years to break even with the brokerage's interest rate. All certainly do-able considering the stock is currently trading at about the company's book value.

We are in a bear market. CCL might drop to 5, but is it worth buying ? Maybe for the OBC, but as an investment ? How high can you expect it to go ? $10 , $12 ? Don’t expect to make a killing on CCL stock.

if you must dip your toe in the market :

FSR. CRYM

feel free to look them up

The current shareholder benefit is available for cruises sailing before 7/31/23, and bookings must be made on or before 2/28/23. I wouldn't be surprised, though, if in the future they raise the minimum number of shares held to receive the benefit. At the current PPS, it's a very small minimum investment of around $700, which doesn't make a lot of sense. I've requested the shareholder benefit for a sailing later this month, so we'll see how that goes.

I'm just hoping they don't raise the minimum nights required for each VIFP level at the end of the year - we're only 3 nights away from platinum.

It was an idle thought! Right now I’m very happy that I played in the casino. I got a wonderful casino offer for our January sailing. The current price for the same cabin per person is more than the total we paid. I call that a win!

We don't "play" in the casinos, since we both worked in them. And I'd rather throw the $$ into the air to let the seagulls eat than buy a POS stock in the hopes of getting "something someday"...btw, actually looked it up...you need 100 shares..to get $250 OBC for 14+ days, $100 for 7-13 days, and $50 for 1-6 days...only one per stateroom, and all other OBC's or discounts take precedence,,,so after you spend $700 (at the moment), any other discount means you can't use the OBC...been reading all kinds of complaints...the beancounters win again...besides, if it goes down ANOTHER $2, and who's to say it wont, you lose again....

I only "play" in the casino with a set amount to start with. When it's gone, then I'm done. It would be the same with stock. The only reason I'd consider buying Carnival stock is to get the on board credit, if/when it's restored.

Then don't...the words "play" and "stock market" don't belong in the same sentence. It takes years, hours and hours of research...AND a bit of luck...makes the "wonderful" world of casinos pale in comparison. Don't get me started....and I've done well...but no more.........

Maybe now is the time for me to buy stock in Carnival? We’ve never actively played the stock market.

Yes .. very nice to see that.