You missed this bit from PT post
$3.56 = 2 x $1.78 (and then there was the divvy)
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Anti Air/Air Haters/Mental Issues, this thing must be in a bubble.:D
Really the 'haters' comment is ridiculous, but informative as the experienced here will take it as a sign of topping as emotion overtakes reason.
People can put all the faith they want to in the company FA but the market decides it's SP / cap value and history is on the side of the market. No newbie's bullish and provocative comments will change that, no offence meant to them.
Check stops, don't be blinded, be alert. This stock turns on a dime, when it turns, and punishes investors on the wrong side and rewards investors on the right side.
BAA
Have already made over 400k realised profit in AIR over the last 5 years and currently on paper over 180k AIR profit as of today's SP.
Reasons is because Have faith on the company and it's management.
Yes there is risk involved but risk is not only In AIrlines business its on every business you do has risk.
Will happily hold and will top up as SP moves....
And yes im newbie to this forum but not when its comes to investment.
And yes i know how TA and FA works. Don't have to teach ex investor banker
I've also held for over 5yrs, great thing is all these nice dividends have more than covered the initial capital. Topped up a while back at $1.80. All these gains have been a nice fat bonus.
I supposed if we have Mr Buffett's investment horizon, we will be fine. Having said that, everyone makes mistakes. He just sold 1/3 of his IBM stakes after >5 years of holding.
This quote shows Warren Buffett thinks in investing time frames of at least 5 years. But his holding period is preferably much longer…“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”&These quotes shows that a 10 year holding period is really what you should look for when examining stocks to buy.“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes”
Even 10 years is too short a time period for outstanding businesses.“When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.”&You should not buy any business and hold it for the long-run. Businesses with strong competitive advantages and quality managements are preferred long-term holdings.“Time is the friend of the wonderful company, the enemy of the mediocre.”
Great businesses withstand the test of time. Time itself has been very favorable to the stock market.