RE: Velocys Rns10 Nov 2021 13:16
How long now has this promise of 200 for IAG been made? How many jam tomorrows? You have called out so many events as THEE game changer where the sp will absolutely definitely catapult to 200+ that now such a prediction, if it happens, can be nothing more than a coincidence.
This market and air travel will remain depressed and problematic as long as the requirement for testing remains. And continuing restrictions such as the mask lobby holding onto airport and aircrafts as special zones forcing people to do something they would not otherwise do is just as off putting. I don't know a single person who likes having to wear a mask and not least because they know they are utterly useless in containing the spread of any disease.
And today is travel day at cop26 with potential problems for free travel, thankfully it looks like they are elbowed out but the environmentalist movement is now ensconced in all levels of government pan global and the potential for mad policies remains - like banning the sale of fossil fuelled vehicles in just shy over 8 years with no regard for the catastrophic consequences on western societies.
I will say again, not a long term stock, airlines. Some day trading opportunities post pandemic but until the climate change hysteria is finally outed, I predict more and more travel restrictions being introduced. Maybe not with a big bang at a cop conference, but who knows what little schemes are being passed around under the table at the moment.