Eye-watering plummet to $4, leading the market in loss this morning (-12%).
Although it is a travel-industry stock, I would have thought AIA or AIR would have take more of a hit too.
Disc: holding
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Eye-watering plummet to $4, leading the market in loss this morning (-12%).
Although it is a travel-industry stock, I would have thought AIA or AIR would have take more of a hit too.
Disc: holding
Yep The Bears heart almost stop when I saw it went below $4 :eek2: yikes....not topping up just yet although its very tempting :mellow:
More than a whiff of panic in this mornings trading of SKO IMHO. However the traded volumes are not great.
Reading the Update, SKO still anticipate a 20% revenue increase (lower end of previous predictions of 20 to 40%) and what I liked about the announcement is the huge (127%) increase in corporate customer numbers in the second half. Also much commentary on the USA market and focus on long term growth.
Here's the release FYI
Still a hold for me ( but then even at today's lowest SP I'm still well north of my av holding, so DYOR.)
I got to say my net worth took a hit today. Still in the green though - the advantage of holding buy and hold stocks not trading stocks I guess.
On the other hand I did take advantage of the opportunity to add. Even if it goes lower than here I am taking the punt that in a couple of years travel will be back to normal and the continued investment in R & D will see exponential revenue returns for SKO.
Took the plunge and topped up @ $4.20, so far so good.......;)......
Wow serko is honestly holding up a lot better than I thought.