So, are YOU in the "unenviable position" of holding Flybe shares? .......And do you actually fly an A319????????
That is why you are not running an airline.
Whilst the current CEO, Saad Hammad is pushing all the right buttons and using his experience with easyJet to good effect, there is only so much he can do to correct the mistakes of the previous regime. In the long term it may be that the company re-establishes a niche in the market, but for now it is like running a marathon with a ball and chain attached to your ankle. It will take a lot more than a weekly flight from Manchester to Bergerac and a twice daily rotation to Bournemouth to convince me that he can turn the company round. The charts speak volumes and if you find yourself in the unenviable position of holding shares in Flybe, then you should seriously consider cutting your losses and selling while you can. http://www.barchart.com/opinions/stocks/FLYB.LS
http://www.manchestereveningnews.co.uk/news/greater-manchester-news/flybe-launches-flights-bournemouth-bergerac-9122208 at this money i feel it can only go up
20 Apr '15
Thanks. Looks to be holding firm. Should hopefully breakout past 60 soon
15 Apr '15
IMO from a chart perspective this low 60s area is critical and the is a 50/50 chance either to break back up above the mid 60s lows of 2013 and enter an upward trend or break down and retest the previous 2013 lows around the low 40s. It will all depend on the next key updates from the company. Time will tell.
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