Member Info for big-blue

.....and where's Gove? Isn't he supposed to be the one charged with formulating the plan to re-open travel? Did he even know about this morning's news? Was this an advance release to undermine his 12th April announcement? So what will he be releasing on Monday? Maybe it is time for Boris to under go a cabinet reshuffle. The blockers in the cabinet are not going to walk, so it is time to push!

Not deramping - just a very significant disappointment of a missed opportunity. The forward looking management of the vaccine development and implementation indicated a similar level of sophistication would be seen elsewhere. But this is just fudge, bodge and pandering. Back to normal I suppose.

Only positive to take from transport sec interview on R4 is he seems to recognise that some companies may be looking to profiteer form the enforced PCR testing and he will be moving against them. Otherwise there was no information and this makes me wonder what the hell this press release was about. This looks like a repeat of the 5th April non news event.

Infighting within the cabinet trying to control the agenda on opening up international travel. It will hurt British travel business big time if they are not careful. This is getting more and more messy. I can tell you now, one of the factions pulling the brake as hard as they can are the Europhiles trying to hold UK back until EU has caught up and the UK then moves forward alongside the 'bloc' as if we are all still one.

What could possibly go wrong?

DO NOT ANSWER THAT!!!!!

CITIGROUP RAISES INTERNATIONAL CONSOLIDATED AIRLINES PRICE TARGET TO 250 (195) PENCE - 'BUY'

I called 250 a long time ago and I even put a date on it - 12th April. I still have faith that it will hit 250 on the 12th, although I must put a small caveat in there. I don't know what time the review will be released - I am assuming it will be early on the 12th rather than after market close. Of course, if the report is released after market close then the 13th will be the most likely day. And if I was, say 48hrs out, would you all forgive me?

I doubt sub 200 very much! If you are day trading with a decent volume this is bread and butter movements. Tomorrow will be the opposite as people line up for April 12th.

It is only a loss if you sell lower than you bought. If you have gone this far without needing to liquidate and drawdown some cash then the question is can you go forward and live as if you had lost all the investment? I find that can be a useful psychological approach. Write it off, its gone, it is no more. Then, one day you notice a new green number of your portfolio list. It has returned to break even.

If you really need to raise some hard cash, do a bit of maths on the spreadsheet. Essentially you want to liquidate shares that will have the least impact on averaging down your individual stock share prices. Bear in mind trade fees though! So instead of say liquidating half of IAG to raise the cash, maybe it would be better to liquidate 20% of X, 15% of y and 15% of IAG. Then, as stocks recover, they have less to recover back to break even. Also, stocks with profits, called top slicing. Just sell enough of your green stocks across the shares to raise your target cash, remembering of course fees.

You can consider moving profit from one stock into a stock with a long recovery, averaging down. I averaged down my Easy Jet with a stock showing a small profit. Good move as my Easy Jet is now much higher in profit.

A portfolio is a live beast that needs managing. Sometimes selling at a small loss reaps rewards to take advantage of a bigger rise in a stock else where.

Of course, all sorts of events can crash a share that is apparently made out of diamond. And sewer shares suddenly become the best earners - where's there's muck .....

Do some figures, see where you can reduce the recovery gap, take some profits, shuffle things around. Good luck.

Have you got a link confirming the 380s are coming back? Airways will have done extensive market research to estimate who is coming back to flying, and that suggests the business class is in high demand.

yes sunsurfer, it is an addiction. When I was given a bit of play money end of last year to dabble again I thought I could keep it under control, lol. However, you will start to value the time you spend constantly monitoring the sp and especially so now we are leaving lockdown. I have managed to sit on the thumbs over the last couple of weeks and consolidated to IAG, EZJ, RR., RTN which are all now on a positive trajectory. I have also returned to trusting my own judgment reading between the lines with news reports and other statements. I may well have sold up everything by this time next week on a blatant profit take as I will expect a pull back leading up to the 'first flights' on May 17th. Various competing lobby groups will be piling in in the first week of May so that may be the best zone to buy back.
So I have managed to control myself to a 'weekly' trader of sorts - but then again, those thumbs are getting active again and RTN is a big return from the rights issue for me. There must be a market cash-in at some point......

Is Boris trying to book a holiday? He is becoming more assertive about wanting to see travel restart on May 17th. These are the pre April 12th clues needed to gauge how positive the review will be and hence sp sentiment. so far it is looking positive. It may be the last chance to get a holding at a low prices. I mean that too, these are low prices compared to future possibilities.

After the no news mega news conference the sp is holding it's own. I suspect there are a lot like me sitting on their hands waiting for the real news release day on the 12th April. I said before that the 5th April show looked a bit like Boris misspoke about 5th April and Downing St were trying to fill the gap with something, I believe that was the case and this has been a bit of messy news management.
Comments today from Boris give me hope that there will be some routes announced as 'likely' but not definite in firm green light zones. As for the useless testing every time you step on your left foot I suspect that there will be comments about constant reviewing of it. The testing lobby just can't let go of it despite overwhelming evidence showing it is useless against a virus which only shows up in 20% of carriers. The April 12th Gove review will be very positive, will announce some travel starting May 12th, outline definite targets for destinations to reach for green light status, will acknowledge individual region/island/countries attempts to create secure zones for holiday makers.
As far as the quarantining is concerned, it was revealed that most didn't bother - against a background of falling cases. So I expect some new fines and regulations to be introduced for amber countries. I'm also expecting some diplomatic fallout when some countries find themselves on the amber list. For the politicians in those countries it will be like the UK has passed judgment on them as unfit to run those countries and are failing to manage the local pandemic. Of course, the most offended will be the EU countries.

Meanwhile the EU black opps is going after the Astra jab again - this time with some backing from US drug manufacturers. With large parts of the world turning to the Russian and Chinese vaccinations, the mega profits for the profit jabs are shrinking very fast. There is an underlying hate developing against the at cost Astra jab. Trying to diminish the Astra jab in this way will have severe consequences. This is not a money making exercise, it is an attempt to salvage civilisation before it begins to fall apart!

sunsurfer, assuming of course the sp now goes up allowing a profit take from here to eternity. If I know anything about these markets, 'they' know what you paid and when and 'they' will have a laugh and permanently drop the sp for ever until you take a loss, and then 'they' will rocket the sp into a multi-bagger. 'They' are playing you right now!

GB46, I'm sitting on my hands for just a few more days to see what comes out on 12th April.

Buy orders seem to have spiked the opening price 7% before the fall back. Why oh why do people trust orders, that is a 5% ground to make up from current position at 214 before you break even.

I doubt there will be 'panic' sells. Originally the review date and news on how the travel sector was to open up was April 12th. Narrative started talking about it and tried to bump it out of the government today - a bank holiday!!!!!!!!!

12th is less than a week away and so there is no reason to risk selling a position that might be well set up for a major announcement. If this was in Blair's day I would be saying that the real announcement was delayed to allow all those in the know to get the ISA stuffed full of cash and increase their positions in travel sector stocks ready for the main story on April 12th. But those days are gone and so nobody will be adding thirty grand to their ISAs tomorrow and sinking the lot in IAG. No sir, nope, nobody. I mean what kind of investment idiot would take advantage like that?

It was April the 12th all the time.

I think we can safely rule out a 20% intraday now. Might even be a clenched arse day!

Yes, I thought this was all a bit ahead of itself. Little to nothing really on the big travel reveal. A media event rather than a policy event.

So the original timetable appears to be still in place. April 12th is the big reveal day. I suspected the week before April the 12th would see leaks and so on to give a sense of what would be announced. Looks like some bits of info fed to the media have been bigged up to the level that today was going to be the big announcement when in fact it never was. Don't get carried away bashing the government for that. Downing St has no control over the media narrative. Only when supporting Blair was there a sense of the narrative being managed but since midway through Blair's reign media tends to go it alone as seen in the US and more now in the UK. Downing street not being bounced into altering it's schedule. A surprisingly strong government.

Also remember, there is no nod and winks to where to stick money for get rich quick investments like in the Blair days.

Interesting, a second huge build up to a briefing and there are no fireworks!

I've been considering this TP, a 20% rise intraday. It is just possible that with the long build up and speculation to the affirmative that if the statement has some mega thumbs up to flying then there could be a significant pile-in on Tuesday. As commented elsewhere the new financial year means ISAs will be re-stocked with dry powder. I personally won't put an order in for sell at 250 because I know what will happen there, but if I see it approach 240 I'll be trying to get a quote.

That was a petition from January that got 14 signatures!

https://petition.parliament.uk/petitions/320025

I suspect I will be cashing in at some point very soon. Whether I wait for April 12th, can't say. Need to study today's announcement and read between the lines. Things that are announced that look very positive will be put under stress within a couple of days as the other side lobby back. And this subject is not one of polite discussion within government. It is ideological.