AIR - Air NZ.

[arc]

And this statement was about 10mins before my stop loss was kicked into gear....

Yes its a news game and a chess game.
I have +15% since mid last week on VAH. it may last a day or may not...

[workingdad]

Ditto. Ever feel like you are being played? I do right now.

I have the feeling smarter people have played a better game than I have over the last few weeks..... Certainly ended up being a lot more cautious as a result and not sure how the SP will hold if it finishes in the red today hence bailing with such a tight stop loss.

Couldn't have chosen a more volatile stock and starting to think better to cut the losses and not even try to catch the ride back up which seems about as likely as the roulette wheel at the casino.

[smtrader]

I have the feeling smarter people have played a better game than I have over the last few weeks..... Certainly ended up being a lot more cautious as a result and not sure how the SP will hold if it finishes in the red today hence bailing with such a tight stop loss.

Couldn't have chosen a more volatile stock and starting to think better to cut the losses and not even try to catch the ride back up which seems about as likely as the roulette wheel at the casino.

Should try bank stocks wbc, anz, hbl, its surprising no one comments on them in the forums, great trading stocks.


I have a question for anyone who knows please: i know some CFD providers who connect direct to exchange networks, affect the depth/liquidity as they hedge their clients positions, which i know is done on the ASX, the question is, does anyone know how purchasing shares on say AIR on ASX will eventually affect the liquidity on NZX? ..

[Baa_Baa]

I wonder sometimes about the wisdom of communicating ones trading strategy, buy/sell prices and stops on a public internet forum. Just a thought.

[winner69]

AIR will get a great price for Virgin shares - after all Luxon and his mates are great share traders and know how to get good prices for airline shares.

And Luxon seems to be one of the lucky ones in life so things will turn out good.

[Beagle]

AIR will get a great price for Virgin shares - after all Luxon and his mates are great share traders and know how to get good prices for airline shares.

And Luxon seems to be one of the lucky ones in life so things will turn out good.

Very true.

[couta1]

$2.75 for me, agree on the topping up, you don't need to make a loss, just sit tight and collect the divvy.

Well now I face a dilemma, now in position to bring my average price down to around $2.40, but would make Air around 50% of my portfolio total to do it (A very balsy move even for the Couta) Better sleep on this one methinks.

[Beagle]

FWIW - I won't go over 10% portfolio allocation these days no matter what the price does and that's with standard blood pressure pills and those special garlic tablets you recommended, (thank you) helping me too. You don't need to gamble big with your SP to have a comfortable retirement in circa 10 years time and neither do I.
(You mate, because you are a good friend, can consider that free professional advice as long as you promise not to sue me if the price rockets north soon .

[couta1]

FWIW - I won't go over 10% portfolio allocation these days no matter what the price does and that's with standard blood pressure pills and those special garlic tablets you recommended me helping too.
You don't need to gamble with your SP to have a comfortable retirement and neither do I.

I don't worry too much about percentages if the stock is stable but this stock ain't but then again $2.40 is going to come way before $2.75. Your last sentence is very true. PS-Fortunately my blood pressure has always been good, better take the dog for a walk in the rain now.

[Nasi Goreng]

I would strongly recommend against making AIR or any other stock 50% of your portfolio. It is ok to accept a loss every now and again.