RE: Red Braces Brigade25 Feb 2020 19:54
I did also lose money in 2008 as well and no, the banks have never recovered, but they are totally transformed beasts. I think even if IAG went to 4 or even 350 it wouldn't be out of the realms of possiblilities to return to 6 within a year, yes it's going to take a hit, but not an insurmountable recovery. If Ocado can stay above 10, then there is confidence that with some better news later in year, it could come good again.
I've got most of my money on Ocado and seeing that it's not related to the virus, that bothers me most, with such a change in sentiment so quickly. All is not lost just yet, as we saw with Easyjet last year, a company can recover from 850 to 1500 in a matter of months.
Good luck to everyone.