The figures speak for themselves. 31/10/2014 Buy Volume 197,133 Sell Volume 802,968 30/10/2014 Buy Volume 132,794 Sell Volume 543,196 29/10/2014 Buy Volume 171,825 Sell Volume 620,667 We dont need a B/Board poster telling us that theres a BIG SELLER OUT THERE DUMPING before results. We can all see that from the above. What we really need to know, why is he dumping just before results.
There has been a seller here now for about a week which has held the SP back a little- had not noticed it myself but made aware on Twitter.
I genuinely think profits will be up. It's been taking off from the start of this year, slowly increasing routes and brand awareness. They raised £150M of funding through shareholders to help drive the business, so this shouldn't affect the business turnover. Competition has been dropping or moving elsewhere. I think the real results are of course going to be March next year, and at that point, I hope the share price is edging around the 160-200p mark. Buy and hold.
Are the November results going to be any good? I know there has been great fund raising, introduction of new routes, new planes, new partnerships, better suited contracts and the business looks set to take off during 2015, but all of this would have cost the company greatly and they would not have been generating much cash, definitely not as much as next year. My impression is that this year has not been about generating profits, but that the company is setting itself up for the next decade and regenerating itself. So, is there going to be a sell off on the November results or do you believe the growth stage will have been factored in by the market?
Thanks. Really hoping this stock starts improving from now onwards to the March 2015 results. That link to shareprofits article suggests a return to 300p in the short to medium. That would be something, and the new CEO certainly does seem to look like he knows exactly what he's doing. Lets hope for a big bounce on the 12th, and profits exceeding the 20M mark when full year results come in March 2015 - share price of 200p by then?
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