Member Info for nicknaim

With no real optimism on how these company's can get moving again, Im afraid for this sector as investers seem to have more optimism than the true reallity..

Of coarse they are because as we are now land locked they are going to scrap every aeroplane, then turn all the airports into hospitals that they will never use . We are never ever going to be allowed abroad ever again or at least for 10 years... Stelios is now applying to be a delivery driver along with all the Pilots.. we where all topping up on shares at the begining of the lockdown even though the story was the same and now as we are about to come out we are all selling same shares even though the story is the same ..

American Investor American Airlines, Easy is short haul and holiday based , Buffett just knows that the impact over there will be far greater long term, he may be an oracle over there but dont forget he was ploughing billions into the air industry at its height and above 10% ownership in many so already was sitting on massive losses, just makes sense for him to extract completely as he can move the money into so many other safer places , sure the ride is bumpy but I think short haul flights should recover to some sort of fair level and there will be big peaks and troughs as news emerges daily and I think the air industry is on the government radar as we gently move out of lock down. Im not sure people are going to stop flying again and there are only so many cornish pasty's you can stomach or Blackpool rock .I think Easy can ride this out ..

It could but you would need to be glued to your laptop as it would be very brief, Investers just throwing there toys out of the pram as the company decided it was more important to save money for the short term, very soon, situation will be more clearer as the dust settles , this is a good company that is making the right decisions..

Will never happen!

Dont be too sure as its been gaining with gusto, those who dive in and out now may get truly burn't, If BA go down EZJ will have a bigger bite of the cherry, If you dont need the money and you bought right leave well alone....shorters having a bad day
today thank fck.

If BA go down Ezj could take a bigger bite of the cherry, people will be busting for holiday after this awful lockdown , short haul flights accross europe will bounce quickly , alot more optimism is needed as no one really knows anything and a lot of what ifs..

I did this with Carnival last week as was in a bit heavy albiet in a good price bracket, got my arse lashed on friday when it turned north.
Just managed to get back in on the turn friday, as I speak its up 917p from 873p friday, Im staying in now and not playing silly buggers..

Looks like sells today are from the few who bought between april 3rd and 6th doomsday,as you can see on the charts this was only a 3 day window so maybe all other sellers will just be setting fire to their cash, doesnt look like a good strategy to me..as we are further toward an end than at the start. Even if this dropped back toward that level which I very much doubt, the company has the funds to ride on further, and again we will be that much closer to more good news in the coming weeks..nibble away and enjoy the ride

And now, with crude oil prices through the floor, the Chinese economy has emerged from its slumber to buy it all up. “China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash,” Bloomberg reported this week. “The world’s biggest importer is taking advantage of a 60 percent plunge this year to snatch up cheaper barrels for its stockpiles, a source of considerable speculation in the oil market because of the government’s reluctance to release information about their formation, size or use.”

The country intends to buy up so much crude oil in the coming weeks that they won’t have enough state-owned storage to hold it all. According to interviews with industry insiders who asked Bloomberg to maintain their anonymity, Beijing has plans to use commercial storage space as well, while also reaching out to the private sector to encourage them to fill their own tanks with cheap gas as part of a nationwide contingency plan.

“The initial target is to hold government stockpiles equivalent to 90 days of net imports, which could eventually be expanded to as much as 180 days when including commercial reserves,” the Bloomberg report continues. “Ninety days of net crude imports is about 900 million barrels [...]. While the current size of China’s state reserves is unknown, and Beijing could use a different method for calculating net imports, oil traders and analysts estimated it could amount to China buying an additional 80 million to 100 million barrels over the course of the year.”

This could be great news for the global oil market, which desperately needs to sell off some of the glut that brought oil prices so low in the first place, but likely will not make enough of a dent to correct the problem any time soon.

Amazing how all the covidiots spout on about how they predicted what was going to happen to a certain share that they probably dont own, people are panicking buying bog roll and eggs and the same mentality and panic will obviously spill into the stock market . They all lost thousands just to free up some cash in the hope they can find some sort of bottom that may or may not exist or to buy more bog roll. It is fools that are driving down the markets and the smart money will just come along and hoover it all up sooner or later. Just watch all the invester so called pros larging up the shares around feb and now talking them down. Im sure genuine investers are fed up enough watching there portfolios getting dragged down along with a usless government who cant lead a dog, Please just stop all this negative codswollop ....It aint helpin.