Member Info for TheRealDeal2023

Look who's covering their a**es

Fund % Short Date Changed

Qube Research & Technologies Limited 0.65% 14 Mar 2024

Qube Research & Technologies Limited 0.77% 13 Mar 2024

Qube Research & Technologies Limited 0.88% 8 Mar 2024

Qube Research & Technologies Limited 0.99% 26 Feb 2024

Qube Research & Technologies Limited 1.07% 8 Feb 2024

Qube Research & Technologies Limited 1.10% 7 Feb 2024

Https://www.xm.com/research/markets/allNews/reuters/easyjet-expects-its-business-travel-return-to-precovid-levels-53792805

That kinda sucks. While heavily invested in EZJ, I do travel mostly business class.

For what it's worth, EasyJet are, in their own way, performing better than Ryanair at the moment and indeed IAG. I truly believe some vultures will be hovering and what with the holiday business as well - it's very ripe for the picking.

Watch this space. Do your own research.

Their bad news is our good news. It'll be a bumper summer picking up all the extra slack left behind by Ryanair.

https://www.lse.co.uk/news/EZJ/ryanair-forced-to-cut-summer-travel-schedule-due-to-late-boeing-jets-gavjq5hxn7c8ebh.html

I reckon the sell-off is the ftse250 funds offloading. At ftse100 promotion the other funds will buy in. Look at edv.l had a massive sell-off today of 50p but then clawed it all back.

Like I said I'm sorry I was right. I would rather you were. Now we sit tight. This is mm manipulation. They are the ones ultimately responsible for depressed share price. Good news is, I think we get new market makers in the ftse 100.

Up up and away.

Sundezena - you were saying? I'm sorry I was right.

Amen to thqt

For a company to enter the FTSE 100 at a reshuffle, it has to have a market cap that puts it in the top 90 by size. Similarly, once in the FTSE 100, a stock has to fall quite far to be relegated it has to have a market cap below that of the 110th biggest company in the UK stockmarket.

a study by Smith's Corporate Advisory shows that, on average, stocks heading for relegation lost nearly 19% in the two months prior to the announcement date. Similarly, companies that made it to the FTSE 100 enjoyed average gains of more than 15% in the run-up to the news, then another 2% up to the actual joining date. This is partly down to funds that track the FTSE 100 having to sell or buy stocks that leave or join.

But that's no help to those hoping to make an "arbitrage" trade after all, this movement mostly happens prior to the review. And once a stock has joined its new index, its performance shifts new FTSE 100 entrants typically lost 5% in the two months after joining, while those relegated to the FTSE 250 were flat. In reality, the quarterly reviews are pretty predictable by the time the results are out, they have been priced in.

So for anyone expecting a sudden surge - don't. Expect a likely dip until next trading date.

This will continue to rise before Feb 22 - Dividend date. Many opportunists ride that wave. But once ex dividend expect a sell-off (as is norm0. I suspect Qube at this point will wait for that moment.

Nutmeg is spitting furballs somewhere, and our new shorter Savage was frothing at the mouth when the CPI in the US came in hot, then choked on the foam when the EZJ shares were resilient in the face of it.

There's definite market manipulation by the MM but even they have to contend with a buyers market. If we finish today at 5.75 (resistance) or beyond then £6 by end of next week (subject to normal macro conditions in the world).

Good luck all!

Hey Nutmeg you tw*t I thought you said you were no longer going to post here? You cannot help yourself, can you? You're a very sick individual with a futile objective.

Https://uk.finance.yahoo.com/news/unlikely-ceo-easyjet-plc-lon-052822141.html

Moodies upgraded EZJ today to stable based on their previous results and projections going forward determining them to be financially sound.

I note that in the last few years the price tends to drop on or just before AGM dates. Either because something somewhat negative may have been said or because nothing sensational was said, and there's profit taking. Here's hoping for something reassuring or even a reiteration of the recent positive news which should sustain us.

To be sure, when an investment firm which focuses on shorting does so, they usually have some basis to do so. At this stage I think the recent increase in the short position of Qube is to offset their earlier position (ie they expect a fall from here whereby they'll cover in order to balance out the losses incurred when they shorted much lower). Of course if something surprising comes out of the AGM and we go up they will scramble to cover.

Hey longinvestor- you don't like the chat, jog on. People are entitled to talk about what they want here - not what you want. Filter if you must and leave well alone.

Crystal-balls appreciate you having my back. But a 2 bit newbie like Conodvia doesn't really phase me in the least. In fact nothing really does (for all we know he's nutmeg's son or lover).

Anyway - upwards and onwards.

1) EZJ remains a real takeover target. Consolidation is inevitable and when you want to cherry pick you go for that which suits your profit margins best. Other airlines might have debt but it's silly to think you need to be in profit in order to afford to do so. It would be based on forward projections. As O'realy of Rynair said, "it's only a matter of time," and singled out EZJ in his remarks. That time is most likely now as it remains relatively cheap before further profit and higher share price.

2) As per a previous post of mine, we consolidated at the 5.32 level and we now need to consolidate at 5.56. If we do, then next stop is 5.74. It's all in the charts. Market makers work a system.

3) The one thing that baffles me is the short position of Qube (and others). Are they hoping for cataclysmic geopolitical events to cash in? At the moment we are on tenterhooks and hanging tight which is impressive. If things calm, we keep going up. But one match and the Middle East goes to pot. Every airline is exposed in that way.

4) Anyone seen Nutmeg? I kind of miss him. Every chat-board needs a token a-hole.

The most important fact is that we have broken through resistance of 5.32 and stayed there. We need to form a new base here over the next few days. If we do then within a couple of weeks, subject to global conditions, we should establish new support at 5.52. And upwards from there.

To that poor excuse for a sperm cell aka Nutmeg - "we will drop below 3 again," he's gone. Good riddance.

Once there was a tw*t named Nutmeg

A man clearly sick in the head;

It's going to go down,

He said with a frown;

And now thank goodness, Nutmeg is dead.