sharetrader
Page 1965 of 2019 FirstFirst ... 965146518651915195519611962196319641965196619671968196919752015 ... LastLast
Results 19,641 to 19,650 of 20188

Thread: AIR - Air NZ.

  1. #19641
    Member
    Join Date
    Oct 2016
    Posts
    82

    Default

    Nuts! Short position burnt and no shorting allowed on CMC now.... An expensive lesson on taking profits when you have the opportunity.

  2. #19642
    Member
    Join Date
    Jan 2021
    Location
    New Zealand
    Posts
    412

    Default

    Quote Originally Posted by ados_nz View Post
    Nuts! Short position burnt and no shorting allowed on CMC now.... An expensive lesson on taking profits when you have the opportunity.
    Seems to be some screwing the shorts at play today. Plus last minute buy in's to 'qualify' for the cap raise price. Will be momentary rally today from low 0.80. By friday will be well below 0.80 though, that's a given. Reload of shorts Wednesday.

  3. #19643
    Member
    Join Date
    Dec 2020
    Location
    Zeelander
    Posts
    418

    Default

    Just pure patriotism
    Needless to say this is not shared over the ditch in the asx

  4. #19644
    Senior Member
    Join Date
    Jan 2013
    Posts
    1,267

    Default

    What scenes! I closed my small short position before ex-rights with the intention to re-enter exrights, as I anticipated a large Sharesies bid would come in Monday morning giving me a good entry again. After seeing the momentum this morning I ended up long (which I never thought would happen), which I've since closed. I would be shorting at these levels but can't get short supply. Hopefully it becomes available with all the stops being hit.

  5. #19645
    Member
    Join Date
    Mar 2013
    Posts
    358

    Default

    Quote Originally Posted by JohnnyTheHorse View Post
    What scenes! I closed my small short position before ex-rights with the intention to re-enter exrights, as I anticipated a large Sharesies bid would come in Monday morning giving me a good entry again. After seeing the momentum this morning I ended up long (which I never thought would happen), which I've since closed. I would be shorting at these levels but can't get short supply. Hopefully it becomes available with all the stops being hit.
    Never speculation

  6. #19646
    Guru
    Join Date
    Feb 2005
    Location
    Auckland, , New Zealand.
    Posts
    3,243

    Default

    Quote Originally Posted by snigmac View Post
    Ex record date is tomorrow, so the best day to get in would be today and tomorrow? I think there may be a bloodbath on Wednesday.
    They are ex rights today. Record day is tomorrow.

  7. #19647
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,890

    Default

    Can we say with the AIZ action on the ASX compared to AIR on NZX (assuming no sharesies impact) that the Aussies are a clever bunch
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #19648
    Junior Member Popeye's Avatar
    Join Date
    Jul 2020
    Location
    New Zealand
    Posts
    26

    Default

    The efficient markets theory seems to have been debunked. Maybe we missed the news release of Air NZs pivot to blockchain (Blockchain Air NZ).

  9. #19649
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by ados_nz View Post
    Nuts! Short position burnt and no shorting allowed on CMC now.... An expensive lesson on taking profits when you have the opportunity.
    This is one of the reasons why I don't get into shorting unless I know the person lending me the shares. When you really, really want to short a stock, often you can't.

    Anyone who contractually wants to lend me 100,000 AIR shares for 12 months, please let me know immediately !
    Last edited by Beagle; 04-04-2022 at 01:46 PM.
    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

  10. #19650
    Member
    Join Date
    Oct 2016
    Location
    Auckland
    Posts
    438

    Default

    Been able to maintain my short. Couldn't get a clear answer on Friday on the mechanics. Now I know which is what I was worried about. Anyway currently the share price is effectively up 35%. Another part of this joke is that the rights are actually 1 for 2. Yes that is right! The issue is a 2 for 1 then the rights are a 1 right for 2 shares. Nver been done in the world like that. I would say it is someone in AIR that screwed up initially and then covering their mistake. Looking at price providerse veryone thinks the share price is down, normally it is adjusted properly, hence the buying.

    To close the FMA should tell NZX to halt trading. This market is neither functioning nor transparent.

    CFD position holders actually can see what the position is and no-one lese can because they see the loss or profit in the account. It is right.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •