There may be a treatment available for Covid. Us futures up bigly at the moment too. Guess there is an expectation that flights might begin earlier? Not convinced myself yet though.
Printable View
None of this makes sense, yet every day this week my expectations are blown away. Got in at 84c thinking this was maybe to high in the short term. Ive asked my contacts at AirNZ they don't understand the movements either.
Yeah also not convinced. Remdesivir has been around awhile but I would be very surprised if it turns out to be the silver bullet.
It could be helpful, but almost certainly not to the extent that NZ will open it's borders again.
I'm afraid we're waiting for a vaccine.
I'm more afraid we're waiting awhile.
And that would really suck.
surely this thing is due a speeding ticket????
up ~73% in the past 5 trading days on no news
has there been full disclosure?
Well, I came in on a good discount with the ebola scare which was a great opportunity (cheers Roger wherever you are). Thanks to the intervening divs even if AIR goes to the wall it's only an inflation loss on the money in so past scares have certainly provided opportunities. The question now is whether to climb out now and get a respectable yield. There's a confounded curiosity to hang on to the coat tails and see where the hell this thing goes (and why).
It's almost back to the levels of 2017? when everyone was worried about international competition. Now its almost back up there with worries of NO international travel. Go figure.
So mis read this, here I was telling a couple of friends not to buy in at 80c as it should drop to under 50c, that was only 2 weeks ago. The volume is way too much for something big not happening. Just wondering if looking to aussie domestic market, they are needing another airline if virgin cant be propped up - Air AUSTRALIA?
This reminds me of bitcoin in December 2017.
Not sure if it is enough volume to be driving the market but there are an awful lot of new investors sitting at home with nothing better to do than gamble on the stockmarket - and at the moment it is all coming up smelling of roses for them, so they encourage their mates in and on it goes.
To be honest I'm not sure anymore. The NZX is only about 10% off all time highs now so I think AIR is just joining that journey. Plenty of other shares have almost doubled in the last two weeks.
I mean even THL is back up to $1.50 and their business is surely stuffed for a good year at least.
Its all newbie money haha, its like they are all buying the well known names, it'll probably happen to every other stock onces the steam runs out and they get addicted to those easy gains. Rake in the gold old timers big wave of new money coming from all directions!
But seriously fundamentally people are crazy.