Cruise lines

Discussion in 'Ask any question!' started by Ventura buyer, Apr 17, 2020.

  1. Ventura buyer

    Ventura buyer New Member

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    Hi,
    I am new to trading and have bought one time. I bought 100 shares of Apple at $80 and sold it for $305 earlier this year and now I’m hooked. So I’m looking Royal Caribbean RCCL today at $37 and since it was at $90-$100 steady for the past couple years wouldn’t this be a way to almost triple my money if I buy now and hold until it goes back to the $100 range? RCCL isn’t going to go bankrupt and it has to come back so to me this is guaranteed money just sitting there. And how often can you triple your money like I did with Apple in a very short amount of time. I’m thinking of putting every penny of our cash and IRA’s in a buying RCCL . What do you experienced traders think? Thanks for the help.
     
  2. Jday1

    Jday1 New Member

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    This guys explains it better than me, , but bottom line not advisable.
     

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