OS stock investing thread

[ThrowBack]

Re: OS stock investing thread

Both of the cruise stocks I mentioned have had rally good weeks so hopefully that continues.

A few more stocks I like that are business that we can all understand is Best Buy and STZ. The last one are the people who make corona beer which has dropped badly during all of this.

I bought 2k worth when it was under $10, now I wish I bought more. Not sure it will get that low again.

[georgiafan]

Re: OS stock investing thread

I bought 2k worth when it was under $10, now I wish I bought more. Not sure it will get that low again.

All cruise lines stock will drop over the next few days. RCL just announced they are canceling all cruises till atleast may 12 (it was mid April). CCL said their decision would be made this Friday with all signs pointing toward the same result. For personal reasons this will cancel my upcoming cruise from CA In a month.

CCL has donated a few of the ships Tp be floating hospitals which is a good PR move. The important thing for this thread is that makes them look good for bailout $ from the government. If the word from the bailout $ doesn’t come for a few days it’s a great time to buy some more as it should go back up in a few days after the cancellation news cycles through.

[pietasterp]

Re: OS stock investing thread

High frequency traders are having a field day frontrunning the wild swings in the market. Not sure if the last few days was just a dead cat bounce or what, but it seems likely that it was a blip in an otherwise inexorable trend (for the short-term/medium-term future, anyway).

[georgiafan]

Re: OS stock investing thread

RCL and CCL had a massive drop down 20 and 33% today. It was just announced carnival is in fact getting some $ I’ll post the link below. I don’t expect things to magically take off even with this news but it’s now under $9. I am going to buy some more tomorrow to lower my average. If you just prepared to hold on to it for a little bit unless you just want to quick flip.

http://www.marketwatch.com/story/car...ead-2020-04-01

All cruise lines stock will drop over the next few days. RCL just announced they are canceling all cruises till atleast may 12 (it was mid April). CCL said their decision would be made this Friday with all signs pointing toward the same result. For personal reasons this will cancel my upcoming cruise from CA In a month.

CCL has donated a few of the ships Tp be floating hospitals which is a good PR move. The important thing for this thread is that makes them look good for bailout $ from the government. If the word from the bailout $ doesn’t come for a few days it’s a great time to buy some more as it should go back up in a few days after the cancellation news cycles through.

[ThrowBack]

Re: OS stock investing thread

RCL and CCL had a massive drop down 20 and 33% today. It was just announced carnival is in fact getting some $ I’ll post the link below. I don’t expect things to magically take off even with this news but it’s now under $9. I am going to buy some more tomorrow to lower my average. If you just prepared to hold on to it for a little bit unless you just want to quick flip.

http://www.marketwatch.com/story/car...ead-2020-04-01

Cruise bookings for 2021 on the rise:

https://nypost.com/2020/04/01/cruise-bookings-are-on-the-rise-for-2021-despite-coronavirus/

People are saying the cruise industry will never recover from Coronavirus yet people are already itching to go on cruises again as early as next year.

[georgiafan]

Re: OS stock investing thread

Cruise bookings for 2021 on the rise:

https://nypost.com/2020/04/01/cruise-bookings-are-on-the-rise-for-2021-despite-coronavirus/

People are saying the cruise industry will never recover from Coronavirus yet people are already itching to go on cruises again as early as next year.

Interesting article and the people saying the cruise industry will never recover are the ones that don't understand the industry. Its brought the crowd together even more because something they love has been taken away.

My cruise that was suppose to be in April got canceled this week on CCL. In short the system is set up to just switch the amount you have paid to another cruise. I'm getting $600 per room to spend so unless the person is desperate for $ your not going to take the refund.

I would say 75% of the people I've seen are rebooking for August/ September range so that's when its going to be key to get the ships back up and running. I might book a cruise for spring 2021 to lock in the good deals now. Even if I do I still want to take a cruise later on this year when things clear up and that's the mindset of most cruisers.

If you want a site to check out news for the industry save this site its the gold standard in the industry so your getting accurate up to date info https://cruiseradio.net/

[cjonesfan921]

Re: OS stock investing thread

I’m tempted to buy into one of the cruise stocks but I don’t know much about the industry.

I do know one of my employees already booked for next spring.

I’m sure there are a ton of people who think like that.

I was about to dump 15K in CCL at 8-ish but didn’t pull the trigger.


Sent from my iPhone using Operation Sports

[georgiafan]

Re: OS stock investing thread

I’m tempted to buy into one of the cruise stocks but I don’t know much about the industry.

I do know one of my employees already booked for next spring.

I’m sure there are a ton of people who think like that.

I was about to dump 15K in CCL at 8-ish but didn’t pull the trigger.


Sent from my iPhone using Operation Sports

Let me know if you have any additional questions and I’ll be glad to help. I keep up with the industry on a daily basis so I know what’s a real concern and what’s clickbait by media. I’ve posted a good bit about the subject in recent post.

In short their is a 0% chance the stock will stay under $10 forever it just likely will take several Months for things to get back to normal.

[DocHolliday]

Re: OS stock investing thread

Let me know if you have any additional questions and I’ll be glad to help. I keep up with the industry on a daily basis so I know what’s a real concern and what’s clickbait by media. I’ve posted a good bit about the subject in recent post.



In short their is a 0% chance the stock will stay under $10 forever it just likely will take several Months for things to get back to normal.

I appreciate all your info. In my opinion listening to someone like yourself on this subject is really valuable.


Sent from my iPhone using Operation Sports

[georgiafan]

Re: OS stock investing thread

Here is what I'm doing with the 2 cruise lines stocks. I always hold onto 100 shares of CCL as it comes with $100 per sailing. I'll dig up some info and post later about the industry to help you better understand.

I knew its going to be a long time before I can get back to even with my initial bet. So I've bought more since the stock drop to get the average paid per share down. I'm going to buy more whenever I sell another stock. RCL for example hadn't been under $100 per share in 3 years. I thought I was getting a good deal at $78 and its currently at $25.


CCL
140 shares - paid $66.04 per share - $9,245 investment
150 shares - paid $15.62 per share - $2,343 investment
111 shares - paid $8.29 per share - $ 920.19 investment

currently average paid per share $32.04 - currently trading at $8.49


RCL
51 shares - paid $78.29 per share - $3,992 investment
50 shares - paid $42.46 per share - $ 2,123 investment

currently average paid per share $60.55 - currently trading at $24.39

[georgiafan]

Re: OS stock investing thread

Since I've been cheerleading the cruise line stocks I'll put together a post so everyone can learn the basics about the industry. A quick sidetrack today was a good day the stocks are up 20% after Saudi Arabia bought up a bunch of shares. I'll try and keep this to the basics and not get to detailed. It always helps to understand the industries you invest in.

History / Reputation / Reality
The old days it was the "nearly dead" and "over feed" that would go on cruises. Here are the main questions people ask me who are afraid to go on a cruise. Do you not get sick from the boat moving ? Do you not get bored being on a boat for 7 days ? I've always heard they are expensive is that true ?

The reality is I believe the number is 90% of people that go on a cruise will go on a 2nd one. They of course aren't for everyone, but if your looking to party hard are spend relaxing time with the family odds are your enjoy yourself.

Legit concerns moving forward
The majority of bad news is out of the way for the industry that's why the stocks have fallen so much. For now cruises are cancelled till May. They will cancel more cruises coming up its looking like fall range is the best case scenario at this point.

They are new CDC guidelines that are out and its a major issue. I think this will result in the industry not starting back anytime soon. I will be curious to see if these are roled out to other vacation business in the coming days. Instead of me trying to recap them I'll post the link.

https://cruiseradio.net/cdc-releases-new-cruise-ship-guidelines/

Truth About $
The reason people think a cruise is expensive is because you pay for a cruise in advance (90 days out). The majority of people don't take the time to add up everything the spend on a land vacation. They just see the 1 time sticker price and don't do the math of what a land vacation cost. Just like any vacation if you want to save $ avoid peak teams aka when kids are out of school.

The major reason I like this is it means everything for my entire vacation is paid for before it even starts. So I don't have to worry about the cost of anything for the week because I've paid for everything in advance. They are still ways they will take your $ once your on the ship, but i'm talking in general here.

Specifics on $
The cruise I just booked that was canceled was a brand new ship less then 6 months old. I paid $575 for 7 days this is the per person rate.

Includes
Food - Quality food 24/7 as much as you want all 3 meals, snacks, deserts
Room - This was a inside room no balcony
Nightly Entertainment - Production shows, comedy, live music etc.
Daytime Ship Activities - Contests, dance parties, mini golf, water slides, etc

Doesn't Include
Flight /driving
Parking
Tips - I typically pre pay them I just hadn't done that yet this time
Alcoholic Drinks
Excursions ($75 to $100 range per)

10 Bullet Points of Why People Love Cruising
No stress / worries
No driving
No laundry / cleaning up
Quality all you can eat food
Warm Weather
Multiple exotic destinations visited in 1 week
$ taken care of in advance
Kids club that's safe
Not everyone has to be doing the same thing
Meeting new people who are in a good mood because the above reasons.

Quick Breakdown of 3 Lines
Carnival (CCL) - Best food, family friendly, little cheaper, personable cruise director, the fun ship

Royal Caribbean (RCL) - Best ships, best production shows, drink package flexibility

Norwegian (NCLH) - 3rd most popular, cheapest way to get drunk, solo travel friendly

[DaImmaculateONe]

Re: OS stock investing thread

Looks like the market have stopped spiraling downward ever since they stopped doing the briefing during midday

[Crimsontide27]

Re: OS stock investing thread

I see there are a few people here that are interested in the stock market and are looking for some genuine information out there.

I have been trading the stock market now for almost 10 years and have certainly had my ups and downs. Had some amazing trades, and some complete wipeouts of accounts.

Couple of pieces of advice I would give anyone trying to learn the market is this, and in no particular order.

1) Download a paper trading simulator, they are free and follow the market real time. Think or Swim is my favorite one. Just lower the amount of free money they give you to reflect what you would potentially trade with. A mistake I made starting off with $200k in fake money was to buy 20k in about 10 stocks, cut the losers quick..let the winners ride = profit! So simple in theory. However when beginning trading with a much more limited account, you cant diversify yourself and expect to learn anything. So what looked simple in theory, was not easy in reality.

2) Dont believe anything you read and feel like you are "more informed" than the common person. I would read MarketWatch, SeekingAlpha, and Stocktwits,...would then watch Squak on the Street, MSNBC, FoxBusiness etc. Literally one minute you are reading an article about why a stock is tanking and had a rough day and there will be 5 diff charts posted showing what they are talking about. 2 hours later and futures have gone from red to green, and the stock shoots up the next day and the same author will post another article articulating how they "predicted " this new move and saw it coming ahead of time and post another 5 charts showing why its going to go up. Anyone can predict the past, literally no one can not tell you what just happened. This goes for news cycles, articles, youtube "stock traders" etc.

3) Figure out what type of trading you want to do in the stock market and what works best for your schedule , your risk tolerance, your desire to profit quickly / over the long term etc. There is day trading, swing trading, investing, momentum trading, opening gap trading with scanners etc. What works for one person, will not work for another. Be careful of joining "trading groups" online and simply trying to follow what they do. While some of them are super informative, for 99% of the population new to trading...momentum trading moves to fast to follow and copy moves and they win a majority of their trades, while you lose.

4) Understand you do not have to be a stock market guru and know the ins and outs of every little detail of any company, you can dumb it down to simply looking at a few items....price action and volatility..very little else matters in the long run for most day / swing traders. Pick any stock that has decent volume and watch it. Usually it will trade within a certain variable range. Learn the terms Support and Resistance and follow them religiously.

5) Understand that most of the big moves come in "Pre-Market or "After Hours" trading. If you are a day trader and hold a stock overnight and it gaps in the opposite direction of your trade, you are hosed usually. If you are a long term "investor" or looking at long term holds....usually the day to day swing wont effect you. A stock can make massive moves either direction depending on any sort of news.

6) Never, ever, ever SHORT a stock. If you want to profit on a stock moving down, just get an option so that you limit your risk. Most people feel when they trade that the most money they can lose is whatever they put in it. For example, Georgia guy posting about CCL ( Carnival ) has X amount invested. If CCL was to declare bankruptcy, then his max lost would be whatever he put in to it. However if he SHORTED the stock, and it got great news and shot up for whatever reason, he would be out of his entire investment plus get hit a margin call which in some situations could bankrupt you.


I am also trading CCL at the moment. I chose the cruise industry since it was down almost 90% and just fell to 1990's lows due to CoronaVirus. There are several companies out there that have been completely destroyed in the market and I a forsee it recovering somewhat as soon as this virus quarantine is lifted. Tremendous opportunity to double or triple your money in a relative short period of time, but it does come with the risk of them declaring bankruptcy. Saudi stepped in and bought a massive amount of shares and there was some insider trading today that bought another +1million stocks, so I feel bankruptcy is long shot..at least in the short term. Dave and Busters ( PLAY ) is another one that I have doubled my money on just in the past 2 weeks as well.

[DaImmaculateONe]

Re: OS stock investing thread

The federal gov is pumping alot of money into the market to keep everything afloat, i guess we'll see how long this can last or hold.

[ThrowBack]

Re: OS stock investing thread

georgiafan - Any idea why CCL is way up?