If this thing moves back over 2.0 im going to reach for the sick bag... lucky i moved the losses on air back into KMD, OCA and ARG... did someone in the cockpit just throttle up on a parked grounded fleet?
Trading on nothing but momentum and recovery sentiment. Facts and numbers seem irrelevant at this point. Its total madness.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Email from our Cam this morning trying to explain/justify the situation. So many buzz words it was ‘eye watering sad’
The more they try to justify it the deeper the hole they are digging for themselves becomes.
Did admit they are essentially broke
PS ... couldnt bring myself to watch the video he included.
I got sent it at 6:54. Must be some midnight oil (avgas?) being burned at the moment! It seems they are modifying their credit system slightly, bowing to public pressure.
Trading on nothing but momentum and recovery sentiment.
Agree. However the market can remain irrational longer than you can remain solvent is a saying that has stuck with me for a long time now. I am short AIR and luckily there are no margin calls but this ride will be interesting to say the least. Might have to short a few more at these levels.
Agree. However the market can remain irrational longer than you can remain solvent is a saying that has stuck with me for a long time now. I am short AIR and luckily there are no margin calls but this ride will be interesting to say the least. Might have to short a few more at these levels.
another shorter to be burned , you and beagle can cry together
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Originally Posted by winner69
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