Ref RR no share buybacks, reducing debt, no dividends, realistic pricing, selling non profit making divisions. Share price flying no pun intended. Hmm.......
R58 the hedge funds are probably playing the stock both ways especially mw as it would not take much selling or buying to significantly move the sp to make a profit
RE: Price shake out looks like it's turned.16 May 2024 11:31
I think mw could be playing the stock both ways it would not take much to move the stock one way or the other as they are not short in iag or ejet. Had a read up on them they have billions to play with if they were long in wizz we would not know of course the above just my opinion
The market likes the results at the moment I like the bit about paying down the debt but still no news on when the planes with engine problems will be back in service
I think MWhave increased their bet on wizz against going long in other airlines as wizz is very volitile. Maybe they anticipate a military strike by Israel on Iran which would hit the share price but as the West is bringing on more sanctions against Iran it may not happen let's see what happens!!
Sp holding up well compared to iag and easyjet said they would resume flights to tel aviv today not sure I would want to be on one though. If Israel can be persuaded not to retaliate can see the sp going back to £23_£24
Mw added MIM reduced their short they are hedge funds and most likely have bets on in the opposite direction in other airline stocks. Passenger numbers still good so is load factor. Full year figures will be interesting
Gatwick report a boom in passenger numbers and forecast numbers will return to pre pandamic figures by 2025 as wizz operates 9 routes out of Gatwick their numbers should be up to.
Would like to see Marshalls get burned for shorting the stock
Maybe the price rise in oil not hedged it enough but the sp is very volitile it does rise and fall for no apparent reason lots of trading in this share I think
This company is a scam I bought in over 20yrs ago at 30p a share only a small investment and still waiting for a result all they do is raise money to pay themselves I do not think they have produced a single barrel of oil a joke company do not invest