RE: Quiet28 Sep 2020 22:54
Livestock, not one to give my positions away in this game. However, wasn’t down before the RI and took up my full allocation, you’ll be able to take a stab at where I am.
I’ve been investing and trading since 2005, when I take a position in a company I’ve vetted it before I get involved. Therefore I’m positive because fundamentally the investment was sound for me to take a position in the first place.
Things can change and we all have to adapt to situations, just like IAG have done to keep their books way above water in case of any severe downturn.
That’s why I still believe IAG will survive this pandemic and will return a much leaner group, therefore a very good investment at these levels.
People that don’t invest when fear is high, won’t make money in this game. Aggression in the market, especially in times like this is what makes you life changing sums of money.
However, don’t make the mistake of replacing aggression with stupidity. The plan has to be right and the company has to be right. If you do all of this and believe in your own decisions you have no reason to get tied up in negativity from others that’s trying to sway your well researched judgement.
People keep bad mouthing aviation as it’s been one of the worst hit. However they forget one mention of a vaccine or rapid testing rolling out and these airlines can produce massive gains.