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So who else is buying tomorrow after the over reaction of an immediate dip?
Me = 1
Probably around 15-20,000 shares.
sell immediatly Monday morning and buy back in about 45 minutes later at a cheaper price, that is what I would do. This share will behave like Tui or Thomas Cook did on Monday.... I will be very surprised if it doesnt.
Thursday, I sold all travel stocks went 100% into Tesla made 7% and sold everything Friday night and went into cash.
Then the news about EZJ this morning, I think all travel stocks will be a bloodbath in the morning. Could be a great buying opportunity for TUi.
GLA - going to need it Monday, but rest assured I’m going back in strong for 1 quick trade. :-)
I’ll be buying around 11. :-)
It is a potential gold mine, but it is also a potential basket case, so its important to look at the good with the bad. I have been going in and out of it, trying not to hold a long term position at the moment, bought back in yesterday around 274 and I am very happy with that.
https://www.msn.com/en-gb/news/world/coronavirus-digest-germany-declares-mainland-spain-balearic-islands-as-risk-areas/vi-BB17ZThiExpect down again on Monday
Why is there so much panic about it being 4% down today. It was up 10% the day before and up 8-10% the day before that. If you are panicking about - 4%, in one day then you should not be invested in this share.
I topped up at the end of today with a total of about 20,000 shares over 4 installments. Now have a total of 70,000 and yes, I’m shi tt ing myself about tomorrow.
This share is very much reminding me about how Thomas cook was reacting towards the end with manipulation. However Tui have stated they have enough cash for the next 14 months. They can sit back, watch their competitors go under (which they will) and then make a killing next summer.
:-)