Our mate Couta1 with his XXXXXXXL positon will be getting some good AIR off his ski jumps this morning :)
Printable View
Our mate Couta1 with his XXXXXXXL positon will be getting some good AIR off his ski jumps this morning :)
Oil price is down 20% from the peak it reached in June this year. Coincidentally (or not) AIR sp started falling as well as the oil price rose.
Given the outlook now that oil is likely to fall lower and stay low for the rest of this year, AIR looks good.
An announcement regarding a special dividend or share buyback - that will be viewed very positively by the market.
I would be happy to get the Divvy and the Special and then exit at around $2.40. Afraid I'm also in the Couta bracket and severely overweight with 75,000 shares owing $2.18. Whilst $10K up at today's price I am comfortable holding. Have always thought if I get stuck with this one I will be happy to hold and have been a believer in this Company for a long time.
This stock is still struggling to take off in my view...;)