Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just opened a small (100sh) position in NCHL at$12.36, but I didn't do so because I think that investing in a cruise line company just as the economy is heading into a recession is a good investment, lol. I did so because I'm in the process of booking a couple of cruises on Oceania and I'll receive a total of $500 in onboard credit (basically a 40% tax-free "dividend") almost immediately. Not sure if I would have still done so had the stock still been trading near $24 as it was earlier this year, or God forbid, the ~$60 it was trading at just before Covid hit, but it's nice to pick up the requisite 100 shares now that the stock is down 44% YTD, and down almost 80% from that Pre-Covid high less than 3 years ago.
And on an unrelated matter, I opened a larger position in VOD and added to my position in VALE.
I picked up some VZ too, today @ $43.97. I almost bought some earlier this week when it was ~$50. I would have felt pretty foolish now if I had done so then. On the bright side, if I liked VZ ~$50, I like it a helluva lot better under $44.
I've added a bit more to SNAP at $9.99 today. I'll continue to add as well.
+ User base is growing
+ Revenue was also up YoY
- Expenses are moving in the wrong direction
+ The board authorized $500M of stock buyback
I bought my small position expecting this recovery may take some time, and I'm still on board with that thesis.
I hate the app and anyone who uses it, but when I saw it tank 40% on Friday I bought some as a joke. I set a 60 day limit sell at $39.90 for the heck of it. 4x returns? Be nice
Small position of Embecta (EMBC)
Small position of Palantir (PLTR)
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
