Member Info for Skindle

Is this current rally likely to continue into the new week ?

Thank you Scotty. I didn’t realise that you could learn so much from reading gas meters, so my thanks for your valued insight and reasoning. I’m sure the American will also have an opinion on this ! You know who you are !

Is this bear market rally or is the bear market officially over ?

So the innocent fare paying customers of EasyJet suffer yet another hike in mortgage and rent payments. Not only that, the cost to service the significant debt pile of the company has further increased yet the share price of the company has risen by over twenty per cent since the 11th October. I’m completely baffled ! Shorts closing their positions maybe ?

Is the interest from IAG just media speculation or are they genuinely interested in acquisition ? Surely the last thing they would want to do is inflate the value of EZJ prior to making an offer.

AC777 disappeared from the IAG board in exactly the same way at around the same time. One and the same maybe ? Or sitting next to each other in an office somewhere with explicit instructions to talk the share price down.

Hi Bobbins2, in my opinion, you are one of the most amusing posters here, I enjoy reading your witticism, keep it up. Still POTY for me !

AC777 appeared to me to be a slightly more subtle version of Sundezena but in the opposite direction. Although this poster claimed to gambling in both directions, the underlying trend was that of a de ramper. I think the statement last Thursday caught him/her unawares and probably resulted in a loss. The fact that this poster has completely removed his account and posts would suggest to me that there is now very limited downside. This poster may have won some verbal battles with Sundezena but ultimately he/she lost the war.

I use a large well known trading platform and it is currently accepting ‘long positions only’ for this company.

I’m struggling to understand how this company is worth fifteen per cent less than it was last Tuesday given that revenue is received mainly in sterling and euros and the target audience is very likely to benefit quite favourably from the recent mini budget. It must also be noted that during the early part of last week the share price had already dropped to its lowest level for over five years before the rapid decline of Thursday and Friday and to a lesser degree yesterday. No doubt a victim of the wider market sell off and probably overdue a corrective bounce.

The numbers below don’t look good. In addition, the increased short positions on the 1st September are also a concerning factor.

Trades 3,601
Vol. Sold 3,748,383
Sold Value £13,770,840.41
Vol. Bought 916,048
Bought Value £3,340,912.00

Fordm, that is the opinion of an employee who has worked at Heathrow for many years, not the view of the Telegraph. That is the concerning aspect of this article.

“Heathrow worker: ‘After 30 years, I have never seen the airport in so much trouble’”

This article does not paint British Airways in a very good light. The drop in share price is hardly surprising if this is a snapshot as to what is going on inside the airline. Bring back Lord King, all is forgiven.

The danger with forecasting is that idiots like me go back over recent posts and copy and repost them to show that it doesn’t matter how experienced you claim to be, no one but no one really knows the future direction of individual share prices or major markets.

“US markets are in for a correction again as it reached the June highs and therefore expect a pull back. Like I said earlier the latest FED policy meeting was understood wrongly by the market.
What will happen to IAG when FTSE 100 goes to 7000 again.”

Just lifted this piece from an article in The Telegraph. It looks like our negative friends Toddjustin and AC777 may be misguided in their belief that we are in for a further correction, particularly as the Dow Jones has now broken out above the June high.“It’s over. True, interest rates are still rising, inflation is running out of control and real wages are falling at an unprecedented rate - and a recession is looming.But despite all that gloom, this week the bear market on the Nasdaq officially came to a close. The index has now bounced back by 20pc since its low point, the standard definition for the end of a bear market. Since the tech-heavy Nasdaq now leads the way for markets everywhere, we can be sure that the other major bourses won’t be far behind.In truth, the new bull market has already begun. Since that typically involves the index roughly doubling over a three-year run, there is plenty of upside ahead.”

No shortage of optimism in the wider markets today. There was an interesting article in the Telegraph over the weekend written by Ambrose Evans Pritchard, highly critical of the very negative stance taken by the Bank of England entitled “Governor Andrew Bailey’s Catastrophism is out of control”

Sundezena, my disappointment was reading more negative press coverage, it is becoming relentless.

“British Airways is poised to pause sales of long-haul flights to destinations such as New York as the airline battles disruption at Heathrow.”

Hello Toddjustin, just as a matter of interest are you invested long in any constituent ? Judging by your recent posts, you don’t appear to have a positive interest in any company.

Heathrow flight limits to continue until after October half-term.

This article appeared this evening in the Daily Telegraph.