Its only been down from the 40s for a month, that was based on failing profits and an uncertain future - not sudden losses of huge cash sums and assets. They may have lost some worth over the last month but not 70% of the companies value.
I know this is a pretty serious stock market forum, not the discussion group for some teenage fad (I don't know what the kids are into these days...). I'm quite surprised.
RE: Just 2 examples of Junk Airlines.22 Nov 2018 01:11
A nice sentiment, but sadly irrelevant. I'm a nice guy in the real world, always kind to those around me, but as an investor, I just want a company to make money...
Theyre not selling assets as a panic measure to raise a quick buck to keep them afloat. Reduction of fleet has been part of their strategy for a long time along with removal of unprofitable routes. They are simply folliwing their plan - thats what its there for.
Its telling me it was a 10p open, unless its displaying it wrong. That would be in line with the slight rise i predicted off the back of yesterdays bullish day.
I was being vague, I’m not going to say it’ll open between 10.0 and 10.1477. It is optimism but I’m not in the camp of people who think it will jump 10p every tomorrow. I see a slow growth here but following today’s candle there should be a slight increase.
Think we're looking at a 10-11p open with a high of 13p. I don't think things will move fast with this sp, unless we get whiff of a bid. Another green candle would be nice, show things are going the right direction.