Today looks like a DCB closing on support. Traders dream, Holders not so (esp if they look at the sp every day).
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Today looks like a DCB closing on support. Traders dream, Holders not so (esp if they look at the sp every day).
I have been lately and sold half holdings at 2.57 today during the Mexican standoff, then bought back in at end of day, same $ value but more shares. Do this a couple of times and might just break even...... of course the flip side is losing more if the SP drops further but hopefully support at this level holds :scared:
The latest new competitor is Hong Kong Airlines, breaking the Air NZ/Cathay monopoly on HKG-AKL. Starts November https://www.facebook.com/hkairlines/?fref=nf
Haven't seen this mentioned anywhere else. Air NZ plan to sell VAH by June 30th: http://www.smh.com.au/business/aviation/air-new-zealand-has-quick-timetable-for-virgin-australia-sale-20160503-golln0.html
If you look at this as a giant game of monopoly---Singapore air may go for a hotel--(owning the airline(VAH) to revamp as they see fit) time will tell...it would be imo the best outcome for AIR as they code share with Singapore air--(article
says alot of their business comes from code share.)
I get the impression that allowing the senior managers to hock of their shares is an extension of the HR strategy of synergistically reinventing team building exercises
Anyone brave enough to catch the falling knives, thought 245 was big support and that line is wiped out completely.
C'mon Hooop, give us an updated chart from TA perspective...
Was just thinking the same, we will be in the $2.30's by COB today.........