definitely not
Risky-possibly
timing-could be very astute
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$2.00 today team - who is with me??
Cramer on why Buffett buying airlines
http://www.cnbc.com/2016/11/15/crame...-airlines.html
Same reasons make AIR a compelling BUY
Warren Buffets new enthusiasism for airlines seems to be at odds with this headline;
http://www.reuters.com/article/us-ua...-idUSKBN13A27P
Warren has accumalated more filthy lucre than me so the odds are his opinions are worth more than mine.
Boop boop de do
Marilyn
Yeah baby!!
AIR.NZX - Air New Zealand Limited (NS) Ordinary Shares
Last VWAP Buy Sell High Low First Volume Value
200 ¢
(NZD)
16/11 16:59 NZT NS 198.06 199.5 200 200 196 197.5 1,467,008 $2,905,628
Well there are TA people and then there are TA people.
Depending upon the time-frames they work on some will have bought in a month ago and some since and some are maybe waiting still.
Main thing is that it well north of $1.78.
Best Wishes
Paper Tiger
Disc: Tiger current valuation $2.32; DYOR; Beware of the vegetarian option.