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A few people on here are telling smithy to shut up. Northscot is the one who needs to stop posting - of the two of them, at least smithy is right! The people posting unrealistically optimistic rubbish on here are attempting to mislead private investors. A more honest conversation would involve actual facts instead of mindless insults and stupid comments like 'keep the faith' and 'up, up and away' and 'lol' and '700p by the end of the week'. Meanwhile the shareprice continues downward, now into the £5s with a trajectory which suggests it'll soon be in the £4s.
It should be OBVIOUS to everyone from the price action over the last few weeks that this share is heading down in a determined manner. Easyjet have announced new losses of over a billion and when the annual results are out in six weeks time, the full numbers will cause another drop in the sp. In the meantime, as I and others have predicted on here, the covid situation is getting worse going into winter. People taking comfort from the govt's announcement this evening should also remember how often govt has reversed its decisions.
Germany is seeing a similar spike in infections since its climate is closer to the UK's - as we go into winter, the colder weather will cause infections and deaths to increase in France and Spain. Many foreign governments will react and reimpose more restrictions. The action from Morocco today is an advance warning of things to come. Funny that northscot says that it doesn't matter because easyjet isn't making any money on that route. How does he know? And what other routes is easy not making money on? All of them? Most of them? The real relevance of the Morocco ban is that it means that other governments don't have to 'go first' in reimposing travel restrictions, and the UK's horrendous case count means that we are particularly vulnerable to 'red-listing' by other govts. If another country follows Morocco's example of banning UK travellers, the easyjet shareprice will take a massive dive. It could easily happen this month, but if it doesn't, just wait til we are at record-breaking case number in December.
On account of the massive number of posts on this thread, I may repost this message. GLA and DYOR.
700p by EOY. Bets on.
Smithy, remember today, 20th October 2021, where I was right and you were wrong, and that I'm living in your head rent free x
Smithy, I'll let the SP do the talking, look, it's already moving my way :)
I DON'T NORMALLY REPLY TO TROLLS SMITHY BUT most of the cases in this country are with people that did not want the jabs :-p
You're a funny little man aren't you smithy? You remind me of the trolls who tried to get people to short Alibaba at $139, when I bought. Just see where that is now.
Wed, 20 October 2021, 1:30 pm
Morocco is banning flights to and from the UK due to rising coronavirus case rates.
Airlines cancelled several flights between the countries on Wednesday ahead of the suspension coming into effect at 11.59pm.
Latest figures from the European Centre for Disease Prevention and Control show that the North African nation’s weekly rate of reported coronavirus cases on October 14 stood at just 10.4 per 100,000 people.
The current rate in the UK is 445.5 per 100,000 people.
EasyJet flight programme
EasyJet passengers were affected by the ban (David Parry/PA)
EasyJet, which cancelled a flight from Gatwick to Marrakech on Wednesday, told passengers: “As we’ll be unable to fly to Morocco in order to operate any return flights after today, we’ve taken the decision to cancel your flight with us today.”
British Airways cancelled a flight from Heathrow to the same destination.
The flight ban will affect families in England and Wales who booked half-term holidays in Morocco for next week.
Morocco’s National Office of Airports said the policy will remain in place “until further notice”.
The country is also banning flights to and from Germany and the Netherlands.
Morocco is banning flights to and from the UK due to rising coronavirus case rates.
surley we are better than morocco in the Coronavirus ratings