Kinda a bipolar mix really of followers and cliff jumpers.
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I find this always helps
https://www.youtube.com/watch?v=tqv5iEUY7QQ
One thing for sure :cool:couta:cool: is so consistent that if one does the opposite ones share values will soar.:cool::cool::cool:
4 traders lower its average target price from $3.2 to $2.8, so more likely institution investors are dumping AIR shares, but current price is so attractive to me, bought more at today close, now really overweight.
Hailstorm of falling knives, cutthroat razors,machetes, full throttle Husqvarnas. Good luck juggling them armless:t_up: Or one could wait until the trend makes a convincing break back up and pile in with way less risk and managing risk is what investing is all about whereas you could take the gambling buy a lotto ticket way as "you've got to be in to win" AAAY
no veil you are consistent
You think the virgin thing is bad,did you see the world debt meter in the upper left corner of the page!
Im surprised in a way that AIR has put a date it wants the deal done by--I would have thought that would weaken the bargaining position for selling,but maybe in other ways finalizing (sort of)might help.
W Dad,I was in the same mind as you when I bought--but it kept dropping--obviously at some point it will become oversold, but when is just a guess(no matter how many animals and cliffs are involved) the only thing we can say at this point is that those who used that line of thought (we both have used) but @ 2.70 came horribly unstuck so that doesnt really give much authority to speak in absolutes.
Of course no one knows for sure how this will play,but it will be interesting to see if those who called it, are right in their advice for re entry---theres a bit in the TA thread.
For those solely in to FA then there are a number of things to consider before trashing the revaluation----Oil is up--Kiwi dollar is up -alot of other airlines are down--Virgin--AIR earnings downgrade(why is there an earnings downgrade for 2017?)
On the other hand,even if we are throwing darts--Im sure someone will pick the bottom.
On a slightly positive note, today's going to look pretty encouraging on the daily chart, as the price dropped to support $2.35, probed lower but recovered just above support. That suggests a decent support test and buyers recovered the day. Probably doesn't mean much in the whole scheme of things, but it will be a somewhat encouraging candle on the daily chart for those looking for a bottom.
Don't take this as advice to buy Monday! I'm just trying to cheer things up a bit.
:)
I'm curious as to how many days and what increase would be required for you to consider it convincing? Perhaps you could say when that is. When it happens bearing in mind there is a limit of any convincing increase as it finds a new. Trading range (without a good announcement) how much gain would be left?
I'm not disagreeing it's not without risk buying in today and leveraging down but there's no guarantees on any share purchase and as handy charts are they are a part of any consideration not the only consideration.
I've put it out there. My average and what I have done with AIR over the last 6 months. This episode I'm down and it's the first time in 3 years with AIR having bought and sold more times I can count. Two solid days and I'm back to break even point. Two bad days and I will be soaking up a decent loss. We have all had ups and downs. I'm frustrated with the irrational overreacting market behavior on a number of shares of late and even with AIR not being able to keep up record profits looking ahead it's got a solid performance and outlook with pretty decent management worth putting faith in. I don't agree with all they do but generally speaking I'm a believer and think VAH will not end up being a worst case scenario outcome.