RE: Prediction for tomorrow?4 May 2021 21:40
And I got accused of scare mongering when I said it would drop 10% last week. It is very very volatile and will stay like this for a while IMO.
I am heavily in with rolls and desperately want it to rise but the market is just a bit crazy at the moment. Currently it is a day traders paradise and until there is a firm opening of travel, especially trans Atlantic it’s not going to rise constantly. My own view (make of it what you want) is that it will spike soon once (and if) trans Atlantic flights open to US then will drop quite a bit from its peak. Then is going to take a couple of quarters reports but will gradually rise. I think it will get to 200 but I would say at least 18 - 24 months away!
It is a risky share to hold but high risk = high rewards. So I’m holding.