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Https://www.washingtonpost.com/world/2024/05/02/israel-hamas-war-news-gaza-palestine/
Https://simplywall.st/stocks/gb/transportation/lse-wizz/wizz-air-holdings-shares/news/positive-week-for-wizz-air-holdings-plc-lonwizz-institutiona
with so much stock held by Institutional investors... does it not suggest the shorts are quite likely to be a hedge...?
Going from a c350M loss to a c350M profit in 1 year is mindboggling
the fact the sp was about 40% higher when we were making that 350M loss is also mindboggling
Impressive results. most companies could only dream of being as good. should see a surge in price
I'm not sure what was puzzling.............the shorts were expecting Wizz to miss full year guidance. I did as well to be fair, hence was I was disappointed not to sell at 2400. However, with FY results in line and 25 outlook appearing even more promising, I can't see shorts staying in play, particularly with Israel conflict calming down. This could very quickly rise to £3 over the coming weeks
Wizz always puzzles me! Had a limit set at 1950 after the update but the market decided otherwise!!
Just shows what i know , great reaction after all
They are still fling to Israel - Yield on this route will be better as Easy Jet has suspended flights to Israel !
The market likes the results at the moment I like the bit about paying down the debt but still no news on when the planes with engine problems will be back in service
Im not tok confident of a bounce back , sounds pretty flat to me
Thoughts?
I thought it was reassuring that they were in line with revised guidance and the outlook for 25 looks strong. This could bounce quite quickly. Be interesting to see if shorts now close for fear of getting burned
People are still panicky about anything about airlines. I'm going to sell about half of my holding at 2300 and if it crashes again, I'll buy back in.
Wizz reaching near the levels of recent highs as it circles an improvement in its SP and a breakthrough of the clouds hanging over its SP performance. The FTSE also has lift-off today so maybe the fact that the SP is flying today means companies are being boosted anyway but I have long maintained that WIZZ is worth 2800p at least. 2300p seems a barrier and if it pokes its nose above that level it seems to get throttled. I dont know why holders pack their bags on teaching that but a sustained hold above that level should mean sellers taking a holiday and hopefully further gains for us holders.
Right upto 30 sooon and beyond, this is looking very cheap now
Shorts increased yet again on the 18th 2.71 %
I'm in jet2 as cheaper play
If nothing happen over the weekend I think next week this will continue going up to 23 where it was last friday before that Iranian attack. And if we get some better news we might see the SP going even higher. Summer is coming, travell will pick up. The prices should also go up as Easyjet have indicated with their results. So I am hoping we will go above 25 coming into may.
Just my opionion as always
Word on the grapevine is Iran is not going to retaliate to the missile attack by Israel. Could we see £23-£24 sp next week again
Israel attack Iran all flights to tel aviv will be suspended. How low will the sp drop this morning
Millenium Capital reduced their short on 15th. I expect shorts have reduced further today, given the SP movement
Not touching it until shorts go away.
I think MWhave increased their bet on wizz against going long in other airlines as wizz is very volitile. Maybe they anticipate a military strike by Israel on Iran which would hit the share price but as the West is bringing on more sanctions against Iran it may not happen let's see what happens!!
Shorts increased, let see what happens at 13:30 and after!
Is that going up with all the war etc. I know it doesn’t affect much but still. Such a manipulation.
Looks like I posted to early!!!