Member Info for 2reincarnated

Sometimes even when a company posts flat results, we see a " relief rally" to celebrate the fact they are not as bad as they could have been.

Wilmsy you hit the nail on the head there. I will sell on any rise above 40p, because I have got my approach to this one wrong. i should have sold a few times and bough back again. I will sell and buy Mitie which had a RI.

I agree with you it could be 40p within 2 weeks and I hope it is more than a quid in a year. However, it was below a quid pre covid and we are now in a recession. On top of that we have much more shares in circulation, on top of that we could see this virus drag on for years.

https://www.telegraph.co.uk/news/2020/09/10/coronavirus-antibodies-fade-month-study-shows/

At some point, ow much lower depends on whether a vaccine giving more than 6 months protection can be developed. Quite simply air travel will not be the same again until a decent vaccine is developed, I cannot see that in 2021.

relentless surge to 20p, period.

can see these at 20p at the time of the next Dow correction.

Problem with link

https://news.sky.com/video/coronavirus-han****-says-there-are-first-credible-cases-of-virus-reinfection-12066589

https://news.sky.com/video/coronavirus-han****-says-there-are-first-credible-cases-of-virus-reinfection-12066589

some people who get the virus have protection 6 months on some don't. The bottom line is transport will not be what it use to be like for a long time.

People who have had Covid in February now have about as much protection as those who have never had it before. In plain English this means a Vaccine will not offer long term protection. We will at some point get a long term Vaccine, but that will take time. I feel anyone buying these over a quid is gambling with the DOW!!

thinking the rise the other day was the start of £2, only for it to drop back. £1 soon.

the best we can hope for short to medium term is something that gives you some degree of protection. There are cases of people having had Covid in February, yet a blood test is not detecting any antibodies. It is accepted worldwide that an injection may only be good for 6 months and you could get it again afterwards. The chances of dying from it once you have recovered from it are low and the same applies once the vaccine protection has gone.

On this basis NEX and other transport companies will at some point return to a far higher capacity than now, but will take years to get to the same as before covid. This is why the SP will not hit £3, but could go from 60p to £1 or even £1.20.

Jazz01 Good Post . I agree with your analysis and don't get me wrong I will buy into NEX, but not whilst I feel it may go back down to 66p. I believe if the term Covid had not even been invented the SP would have fallen because the UK economy was showing signs of slowing down due to brexit. If Covid did not cause a stockmarket crash, a no deal brexit would have caused a smaller one. I do not think the SP can go above £2 until passenger numbers and profits improve and that will not happen even after Covid, but inly when the economy post brexit improves.
To that effect the SP will remain weak.

hope it holds gains and does not tank like it normally does at this time

are they giving you a free day return ticket to London?

what does that tell you about it's recovery?

the SP will hold up today and this will ''draw in the mugs'' who think this is the start of £2, only for them in a few weeks to be saying hello to £1.

will drop back again even lower. Stimulus packages just paper over cracks.

And take nearly half of NEX SP with it, however this time the recovery will be slower.

now where are those who said it would be 80p and then a quid so soon?