Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Is there any iceberg sell order waiting from past few days ? or any other reason that explains this fall. I am a buy-hold guy and experienced same in Amazon stock few weeks ago. I waited until it has 5 or 6 days of consecutive losses and then went all in hoping for some swift recovery. But my draw down is 10% further from my buy price and I only came out no profit/no loss.
I am interested to know some technical explanation for this behaviour. thanks.
@portland1
I’m not overly worried about IAG (it will drop tomorrow) but some companies are going to really drop in the coming days
Can you name sectors or companies please ? I see companies like Unilever , RB are already under pressure
can we say 160 is where it has strong support?
I think more than vaccine, airport testing is important because some people might be recultant to take vaccine and if they carry virus in travelling with out proper airport testing then it will impact sentiment.
I don't see any news about testing, is that sidelined because everyone is talking about vaccine?
hopefully this will hit 200 before 1st Jan.
don't want to sound -ve but some realistic view
https://www.cnbc.com/2020/11/17/coronavirus-bill-gates-says-more-than-50percent-of-business-travel-will-disappear-long-term.html
I am just curious assuming IAG will make more money from business class passengers and other day I have seen that they already realised this and starting new routes to caribbean to make up for loss of above revenue route. but that will take time.
considering all these factors, plus 100% more shares in circulation now. wondering what will be expected high when put covid behind . is ££2.50 to £3 (equal to £5-£6) before pandemic realistic high?
I feel really sorry for shorters who are out there if there are any after last week..
some weeks ago someone preaching how bad averaging is on the way down.. I sincerely hope they are doing not exactly same now on short position
What does that tell you, Well it tells me that if another RI it will leave the sp below a pound for many years to come???
Did you not factor in
airport testing ,
vaccine roll out ,
more vaccines on the way ,
if vaccine is not effective it will atleast reduce death count,
No strong evidence of transmission inside a plane ,
Huge pentup demand in summer ,
Hopes of normality by next winter ,
2021 is all about adapting how to move on with virus ,
Previous rights issue money is enough for next 10 to 12 months and life hopefully will be back to normal by then
So my question is what is the basis for second RI call ?
https://www.cnbc.com/2020/11/15/emirates-working-with-pfizer-others-on-vaccine-transport-challenge-.html
hope IAG cargo has it's contribution too
American Airlines resumed passenger flights to China for the first time since February, as the U.S. government continues to push for more air service between the world's two largest economies
https://twitter.com/i/web/status/1326857272685785088
@Bull_ congrats on profit.
Also I believe for whoever bought it before RI low and subscribed to RI , their avg is around 150. So I expect some profit booking from people who started investing this at pre RI lowest levels.
healthy correction is good before settling down at new low which i hope between 125-150.
@reggiecide
very good post. this is what we need in this board. constructive arguments like this..
I think markets are just over reacting now like in JUNE FOMO rally. I don't see much strength in IAG unless it breaks 150.
remember it almost touched 150 on monday itself. Personally I feel like this rally is not like we had in June (IAG from 175 to 350).
More airport testing, more vaccines will slowly build up the trend and I wish it will stay 150 as new bottom
50 P gang ,
I suggest you to take long position for 150 rather than waiting for 50 p .
They still didn’t answer how second RI call is possible early next year . Vaccine effectiveness, airport testing , travellers confidence...etc it’s a long way to go . But it’s very frustrating to see they are attributing market mood as a result of their predictions .
Take care of yourself and your short position before enlightening others .