focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I believe we'll see one more drop.. If it happens, buy the next dip at 445 to lower your average as we aren't done yet with downward pressure.. this might happen by the end of the week. It's likely we'll see region of 510 tomorrow... (just to give long term investors a glimpse of hope so they can average down yet again before getting slaughtered the next day).
I'd say 550 is a bit optimistic and I don't quite believe it would happen next week.. but I'll check again when the price action reverses shortly.
Heathrow, what used to be, the busiest airport in Europe gave up the top spot to CDG in France and posted £1.5b loss for 9 months of this year along with the figure of 84% fall in passenger numbers. Ok, EasyJet doesn't use Heathrow but that gives you a clear picture of where aviation industry is heading currently. No vaccine, no reliable and coordinated cross country testing as it stands. I'm not saying the industry won't recover.. maybe it will maybe it won't - who knows at this stage. The matter of a fact, there's more immediate pain on the horizon than there is reasons to celebrate (and no long term investor can convince me this is not the case). Whoever didn't short at 550 region on Monday, good luck with your reasoning.
If anyone tells me an airline (any airline) is a "great and huge" company in the COVID era (maybe it used to be up until January 2020) Are you guys that deluded and blindly hopeful?
Makes me question your intelligence really...
James.. would you please keep quiet?
"at this guy thinking he can deramp a huge company. Try more little boy, im sure your indepth knowledge of the airline industry will see you right."
Indepth knowledge of the airline industry? (did you mean aviation industry haha). Ask those big "airline boys" how fast they burn cash.
Airlines are the worst what you can keep right now - if you're an investor. BUT.. the best shares - if you're a short term sniper.
This share came on my radar again this morning.. surprise surprise LOL. Been away for almost a week enjoying my 15% short term profit generated last week on this beautifully volatile share. Here we go again.. Perfect buy opportunity when it goes toward 450s in the next couple of days for easy money.
Where do you think this share crash land when FTSE100 hits 3.9k in January? Does £1.50 sound reasonable? Then, if that happens, where your long term investments will be?
The #1 clown Georgie thinks airlines have healthy balance sheets and good P/L (typical emotional scream of someone heavily invested in sinking companies). I'm sure as hell they burn cash faster than they can pour into fire place.
And cheerleader #2 clown - OWLS - how can someone short EZJ at £4 when the price hasn't hit this level this year (YET).
You both hope, we - short term snipers, lose money. Whereas we enjoy this volatility more than ever. I, myself, play £20k positions so 5-10% lifts at a time are more than enough for me..
This share is so volatile that if you're after easy 5-10% gains a week, the targets entry and sell points are easily obtainable. Keep following me and you'll become richer in a year than Georgie and OWLS combined in their 15+ years investments.
Ireland and Czech Republic are in lockdown, Belgium on their knees, 26k cases in the UK. Europe wide lockdown is coming boys and girls. Inevitable. Europe is sinking under the weight of covid and airlines will sink with it too. Today's FTSE price reflects that clearly.. not even US stimulus can save this. What you saw in second quarter of the year is nothing - tsunami is coming.
I'm curious to know what you've learnt about rights issue department based on IAG? Hope someone educated you well. I thought I'd educate people on here about TA and how I play this market to my advantage. But knowing there are such ignorants like you who could benefit from it.. I'll keep it to myself. This knowledge is worth 1000s of £.
On another subject... Knowing that you are heavily invested in EZJ and IAG, I wonder whether your investment portfolio also contains Rolce Royce (because your planes need engines to stay in the air) - RR also have rights issue that you love so much.. but also BP.. as those planes need fuel to fly!!!
BTW, both are on my watch list to place my buys when all INVESTORS like you will cry their eyes out.
Easy money.
Looking at the sp towards the close of play... IAG - ouch, EZJ ouch, BP ouch.. RR soon to be ouch
Where do you check the volume of short positions? The sp stubbornly maintains the area below 245 level which I'm not convinced is a good thing. Late September, I was hoping for the price to reach 267 but it just doesn't seem to have enough steam to get there so gave up last Friday.
Hey Georgie.. Now I know why you are so emotional about the SP.. .so your IAG average of 177 (down from 322) must be the reason you're crying your eyes out when people sell. I guess, it's a similar scenario here on EZJ.. oh well.. can't help you with your poor judgement. But yes, keep insulting people calling them clowns etc.. all there's left for you in this tough situation. Wait until second wave hits properly. I'll be back here buying again!
Because I'm not emotionally attached to any share. I buy and sell purely on TA... any share disregarding all the info such as the P/L, debts and all other BS. Simply such info isn't updated often enough for me to hold and wait. I buy when you cry over falling SP and I sell as soon as you get exciting about rising price. Simples haha.
As I say.. if the price goes up.. good! I'll buy on the next dip. Learn little boy!
I can't see a reason why you wouldn't short at 520 having bought at 460-470. 10% in a few days.. I'll go for such short any day regardless of your balance sheets and profit/loss BS.
And if the sp carries on further up.. fine, I'll buy again on the dip.
As I said mr wright... I don't give a poo about your flawed logic, fake "fundamentals", flu cases, recession or your hopeless beliefs. You sound rather desperate and emotionally ******ed by calling me an idiot. All I do is analyse the chart and from what I see, the sp may poke 520 then it will slide. Today is a different picture from yesterday but we'll be back in 490s in a moment and if 490 doesn't hold we'll subsequently see 430-450.
My shorts are not your concern as I play both sides and adjusting to changing circumstances as the chart develops. Keep screaming and crying Georgie
GW, personally, I can't care less whether flu cases rise every year or not. The fact is that covid is not a seasonal flu. What matters here is the bigger the numbers reported by media, the scarier it is for general public. Add to this overstretched NHS and you'll have government making moves towards lockdown effectively damaging economy even further. Recession is already here.
Regarding your "Can you not read a chart".. I gave you my analysis in my previous post so if you see something different than maybe it might be a good idea to share? I just want to see your chart reading skill.. unless all you are is a deluded wishful thinker.
Airport testing.. right.. £80 on the way out with fair chance of quarantine on return (or maybe another £80 on return with reduced quarantine?). Not sure whether budget airline passengers will be willing to go for such option.
Cases rise in each country every day so effectively holidaymakers go from one covid hotspot to another. 520 might be a spike as so called "bull trap" rather than something more sustainable.
From TA perspective, current sp level (515p) is overbought at confluent level hitting descending resistance. Overall consensus at this stage is bearish.
The picture is evolving so will keep a close eye.
Good luck all whatever strategy you have.. short, long or sideway... The ultimate goal is always to make money.