Member Info for Bigwigs

We all make mistakes. Long term you will probably be fine. If you want out, tomorrow 9 am is probably your chance.

No worries, I got my growth when i bought in around middle of March, did mega well, sold everything last week. I could well stay in and ride it out. However, I recognise I got lucky and wanted to drip feed back in rather than super large individual trades and tear my hair out. I might loose a little bit of growth long term, but its better for my own sanity and im now doing the 1.5k per day regardless of up or down markets. As you said 2 might go bust, 8 should do well.

dickpuller, im buying the following each day. Norwegian cruise lines, carnival and Royal Carribean. 150 Euros a day into each. Might seem a little, but over 20 weeks will add up. The thought of any lump sum scares the **** out of me at the moment. My list was:-

Compass Group
Tui
Norwegian Cruise Line
Carnival Curises
Royal Caribean Cruise
Hilton Worldwide
Ryanair
Easy Jet
Accor
Whitbread

Like you, I did great with the first trades, time for normality to set in, this could go on for months. However, people will always travel, regardless of the circumstance. Those who pile in are just dumb.

Time to protect the growth for me and drip feed back in.

Dick puller, I am totally with you however, I am now spreading out between 10, with a mix of airlines and cruise companies too! Going all in 1 travel share, is total insanity at the moment.

See you on the other side when you have lost your shirt. Diversification is key during these times!

Tip toeing back in slowly over time. Anyone who is not fearful of the debt or Covid 19 situation with Tui is idiotic!

Was impressed with the way how the share held. I’ve started buying into travel stocks again. I will be doing 1.5k every day for the next 20 weeks. Just for transparency. I decided timing was everything right now and it’s impossible to do it at the right time. So I’ll spread it out over weeks. Made loads on the first trade, recognize I got seriously lucky. Now time to be serious as travel could go both ways, need to be realistic.

Don’t put all your eggs in one basket!

I am like you, looking for an entry point, I sold last week (I think late Wednesday) I declared that on here. I think short term, they might see a decrease in price as there is just to much uncertainty still out there, any bad news and it will see a sharp fall down in value, great for us.

My intention right now, is sit tight, wait for a good entry point and spread across 100 travel shares for 2 plus years.

Just lucky i sold last week. I think it was at 6.10 ish as well.

https://uk.yahoo.com/news/spain-welcome-uk-visitors-june-141445447.html

Who needs air bridges!!

Actually their main source of revenue is the Germans, the British on holiday actually don’t spend as much money. They go more all inclusive, other Europeans mainly go out and contribute more to the economy. There is an article about how much the average person on holiday spends as per nationality. I’ll see if I can find it. But over the years, seems the Brits are getting tight!

I think we have different information, I have a negative figure on my screen, hope I am right to buy back in, hope you are right for those that own. GLA.

Who is ready to watch the blood bath today???? :-(

This drop is based purely on market sentiment and the fact people will probably not be going on holiday this summer. This could be a potential TC situation and travel is so complicated the average traveler does not understand it, so might just give it a miss. It’s all happened last 72 hours, not enough liquidity. Fingers crossed they make it through, but cash is king and Tui are running out.

Some companies will make it, others not. It’s going to be pot luck.

I don’t think this is a problem with Tui, I think this is a general market confidence drop in the last 72 hours. All the protests will also cause a second wave without a doubt. So this will be effecting markets long term. Especially travel industry.

Me too, just watching. I sold yesterday morning OMFG, I’ve actually got it right for once. I will go in at some point, but right now I only see this as going down.

Damn, I’m pleased I went to cash yesterday morning. I think my re-entry point is about 3.75-4. Otherwise I’m out for the count. Please do take heed and be careful with going all in with this one. Good luck all, don’t put all your eggs in one basket.

Fingers crossed for me it falls, if not good luck all.

Be warned, this will go either way! Listen to positives, but also the negatives!!!! :-)

In the interests of disclosure I sold all my travel stocks today. Every single one, I’m just not feeling it right now. I averaged about 40% ish up, so I’m also profit taking. I’ll be looking at a point to re-entry maybe in the next 2-3 weeks. I’ll keep reading posts, but probably won’t contribute much as I won’t be a holder for a little while.

Dusterinmong has a point, how do you service a debt which is at the moment always increasing because no revenue is coming in. Some travel companies will survive, others will fail. That is why you should spread your risk across a lot of them. If you are inexperienced, maybe even look at the ishares travel and Leisure ETF 600. Gets you in the travel industry and also very diverse. Have a look. Definatly have diversification at the moment.

IMO (this is not advice, just what im doing), but I have spread out a large sum of money across more than 200 travel shares GBP, USD, EUR, its already looking very healthy and I have been trading daily in a handful of shares that I know well. Dont put all your eggs in one basket, especially with TUI.

Government actually made the right choice in not helping Cook, as it happens they would have thrown away billions and it would have then cost another 1-2 billion in 2020. Government dodged a bullet there.

Germans love their holidays, even more than Brits. My worry is the issue of new shares. The news is out there for that potentially. That is the route Thomas Cook was going.....