Member Info for big-blue

https://www.dailymail.co.uk/money/markets/article-10204771/MARKET-REPORT-Easyjet-dives-warning-need-cut-fares.html

There will be cross-over into other airlines. But that doesn't account for sp movement. It is the computers.

https://simpleflying.com/british-airways-indianapolis/

Short positions cashing in. Unlike casino investors, they won't keep holding out forever for lower and lower sp. They have a margin target, it is met, take the money. Money tied up isn't earning. They may predict a much lower price, but the geometric progression indicates tending to a lower limit which could take weeks which is too long to tie money up for. Hence bailing their positions. It shouldn't be read that there is some great turn around in the sp.

I wasn't awarding myself a point, I was pointing out the definition WAS stating a misspelling. I was going to plead for the defence that it was a typo and therefore the charge of misspelling should be struck and replaced with the lesser charge of poor keyboard dexterity and then plead mitigating circumstances that the defendant is as thick as two short planks and have the lesser charge dismissed.

But I couldn't be bothered.

https://en.wiktionary.org/wiki/varient

English
Noun
varient (plural varients)

Misspelling of variant.

Ha, point scored.

"“Florida is such a diverse state, so whether it’s a relaxing beach holiday, a theme park adventure or an epic road trip, there’s something for every type of traveller.

“In addition, we’re offering a wide range of British Airways Holidays deals to suit every budget.”"

On commission, lol! She forgot, they also do oranges down there!

https://www.aerotime.aero/29458-cdc-adds-four-europe-countries-level-four-alert
" level 4 alert list of CDC are: Austria, Belgium, Croatia, Greece, Ireland, the Netherlands, Norway, Russia, Switzerland, Turkey and the United Kingdom."

US adds 4 more EU countries to list. Bumpy ride to continue for some months by the looks of it.

A short while ago I was attacked for suggesting using SAF blends needs to be done with extensive testing because the current engineering is fine tuned to the current fuel types and standards.

"Emirates will work closely with regulators to secure approvals for experimental type certification, and will also coordinate with airframe, Auxiliary Power Unit (APU) and Original Equipment Manufacturers (OEMs) on pre- and post-flight requirements, in addition to closely working with SAF suppliers on procurement and delivery logistics."

This is the kind of research that should be undertaken before rushing ahead. There are all sorts of issues than can arise; from the chemistry, heat distribution, agglomeration, fluid flow, sensor recalibration and so on. Any retrospective modification should be done very carefully and not be rushed no matter how hard the hysterical climate change lobby are bouncing off the walls. MAX!!!!!!!!!

https://www.asdnews.com/news/aviation/2021/11/16/emirates-ge-aviation-commit-test-flight-programme-using-100-sustainable-aviation-fuel

Everything bobbing around breakeven. Waiting for the next news event on Europe - Germany meeting to decide on new lockdowns which I think is tomorrow. Also keeping eye open for changes to UK travel list. Not expecting anything there though.

https://simpleflying.com/air-europa-fleet/

Is this a classic example as to why looking up who has written an article is a good idea. It is an informative article. But it misses one tiny little detail. Air Europa IS BEING BOUGHT BY IAG!!!!! There is no reference at all to this in the story. So how well informed is Jake Hardiman, and would you take any notice of any other article he has written?

The price is generally set by market makers who have certain responsibilities to bank or issue phantom shares as required to maintain a liquid market. With the complexities of impact due to news, sector, economics, valuations and fundamentals and the specific product and market of the stock, it should mean that even closely related stocks will have different prices and different reactions to market conditions. When all the stocks in a sector move as one it starts to get suspicious. There are some strong relations within the sector due to covid and travel lockdowns and for most of the year you could give the benefit of the doubt to the very similar sp movements. I've said on a number of occasions I have been waiting for the IAG and Easy J to decouple. Over the last month or so I've been monitoring most of the main stocks in the sector on one display, and they are moving in a remarkably unified fashion. In fact there are even patterns around which stock was the favourite for the day and how the favourite stock is rotated every few days. The last couple of days are very much eyebrow raising in the way the block has been traded. It is going beyond probability and chance this cohesion is governed by market forces. Whether market makers are involved or whether some sophisticated set up between a group of iis to manipulate the mm is unknown. But we saw how with LIBOR it is possible for apparently disconnected groups to act to rig a market. I think something is happening here in a similar vain and the FCA should make an announcement and investigate the sector.

closet novelist?

seems to be a little bit of variation in the trading now. Did the techies realise just how blindingly obvious the sp manipulation was and quickly throw a few out of sync coefficients in there to break it up? I am normally not one to go along with mm sp manipulation conspiracy theories, however, the sector of the last few months has look highly suspicious at times. The last few weeks even more so. I'm persuaded there is to much alignment with the iis algorithms. It would require several institutions to caling their trading and would have to be organised, even if it only meant setting the same randomisation seed at the same time. The iis can be forgiven for running the same commercially available auto trade model with built in algorithms [how very convient a group of traders can buy and operate the same piece of software???] . However, they seem to have the coefficients tweaked the same most of the time and running at the same trading frequencies with the same sub-harmonics. I bet if the FCA were to pair up the eigenvalues from the same trading software, they would be roughly the same as solutions for the differential equations behind the algorithms. Very suspicious to my eyes, even if there is a mix of gains and losses at this moment of the day - even that looks a bit constructed!

The uniform red, then uniform green. All of the airlines? all between 1 and 1.5% up? Irrespective of the different markets? And they are all moving up and down the same? It looked very suspicious before, today is a bit obvious. Other than cop, there is no other single news event applicable across the sector that is going to result in such uniform movement.

Come on FCA - start asking questions.

..... I should also point out we are now out of COP26 and thankfully the airline industry managed to avoid the more extreme restrictions being imposed. There are going to be impacts via various tax increases to raise money to hand over to some island states to waste on private jets, suvs and lavish mansions!!!!!! [note how many islands claiming to be sinking under the waves are those on subducting tectonic plates and islands not complaining are not on subducting plates!!]. It might be a case that the iis have concluded in an early morning meeting that the sector is not under the threat of cop26 zealots anymore and therefore money is safe back in the sector. I have nothing to back that up with, but any other explanation of the uniform price changes?????

What 'negativity'? Exactly what? Somebody else introduced a news article talking about RI again, which turns out to be a carbon copy of what I expected after the BA credit extension announcement. Nothing negative there, it is just a discussion point about best option to return to divs, RI or revenue to reduce debt. I noted the early sp decline and simple said ready to sit on my hands for 6 months. What's negative about that? Yes, I did say it looks like it was heading for sub 160 on the basis it sailed past 170. So on that basis I'm not day trading it. Negative or my own speculation? Covid in Europe, stating the blindingly obvious as detailed in the news reports of actual new lockdowns and current positions of some places in the world against a general emerging policy. How was that negative?

Given the sums I have invested, you seriously think I don't I want to see mega sp rises????

And for the FCA, flip of a switch and all the sector prices go up over a %. You think that it is wrong to note blatant sp manipulation?

I think some of you are locked into some sort of time warp where you pick a target to lash out at and stay there no matter what happens in the real world. You are now comfortable in a place where you feel safe with a community of trolls allowed to attack without reprisal from the wider community and you settle there. Except of course you are now completely out of sync with the world as it has moved on and you have failed to catch up and understand the current real world. Not my problem!!

Put my cup of tea down, glanced at the app and all the airlines have suddenly gone green.

All at the same time.

And the FCA doesn't think there is something worthy of investigation here.

Seriously?

Nothing going on with the sp in this sector?

Really?

Covid is not causing further chaos in the UK, or many parts of the EU. Most countries around the world are adapting to 'living with covid' on the back of high vaccination numbers. Those with lower numbers are having to find ways to impose. Local mass media lobbying hotspots are creating difficult conditions to get the message across to vaccinate and also lobbying to continue to chase the virus opposing the switch to living with. These days so many politicians are so incredibly weak in facing the gods of TV. Anyway, the impact of covid is immaterial compare to what is coming around the corner with the banning of fossil fueled cars. Head long into a complete collapse of society to solve a problem that doesn't actually exist. Remarkable.

https://www.thisismoney.co.uk/money/markets/article-10198705/British-Airways-owner-IAG-tipped-ask-shareholders-cash.html

Read it now, very much what I had been saying after the BA extended credit announcement. RI might be looked at again early next year to reduce debt allowing divs payment earlier. For the record, I didn't write the article and I am not HARRIET DENNYS despite the contents of that piece being remarkably close to my expectations.

So it is covid fears in Europe, failing to vaccinate despite proclamations of victory. This will be a significant loss of face for the commission and there is always a backlash against the UK when Brussels has egg on his face so expect trouble as Europe goes wobbly. Note the reaction in Netherlands, riots. There might be a significant winter of discontent over there. People kicking back at the centralist control again.

No sign of the decline stopping. This is quite a serious decline now.

I'm terrible for selling and taking a loss, so looks like I will be sitting on my hands for another 6 months. Spring recovery in sp back to current levels methinks. My main chunk is in Easy J ready for takeover rumours, otherwise another long wait.

No day trading, I was looking at possibly day trading IAG again and is slipped below my target zone of 170, but it continues now towards below 160. Need to see where a levelling off occurs before thinking about that... and RI seems to be firmly back on the menu at bit too quickly, did it ever go away? The credit facility was for BA, not IAG, so perhaps we are now seeing IAG financing talk!