RE: The short position21 Oct 2021 23:46
"Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year.
However, IAG’s position ‘is heavily dependent on the transatlantic market fully reopening, meaning leverage may peak in late winter’, they wrote.
JPMorgan maintained a long-term ‘overweight’ rating due to IAG’s ‘very low’ valuation multiples, but flagged that IAG’s recovery could be slower than expected"
The amount of manipulation in here is frightening. Ignore these obsessed trolls that have a job to do. And note the volatility following their Sunday ramblings, can't be coincidence... Ignore these traders. IAG is a long term, low risk buy.