Mayday...mayday... mayday...look like AIR plane is crashing!
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Mayday...mayday... mayday...look like AIR plane is crashing!
A lot of them riding the gold rush with institutions price action buying to secure future spots when things settle but when they start cutting holdings at whatever time they want a lot of new retail holders who hold dying companies getting artificially boosted from a irrational drop will get burned imo
Like I can’t understand why you would touch THL but hey folks you could have made 200 percent gains doing it !
Out on the bounce - not quite where I wanted to be (grrr DB!) but close enough. Good luck to holders!
Kinda seems like the flight path and trajectory was planned all along.
Even Sir John Key quoted in today's NZ Herald: "I was on Air New Zealand's board to the end of March, and as it's been publicly stated, it's a company that made $6 billion dollars in revenue a year, and it's literally gone to $500 million. I saw some stats saying they carried 900 people on the Friday before Easter, and the same time last year they carried 58,000, so for a company like that it's immensely difficult, because all your revenue disappears."
Direct Broker is running like a closing auction...LOL
I still get this mighty appealing green box in ASB Securities so it must be a pretty good deal at the moment! :drool:
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Watch all the speculators try and find their parachutes and jump off this bird all at once.
What a mess there is a log jam on DB happening with people trying to exit.
Does Sharesies have an eject button?
Can’t wait for all the posts on these forums about the great analyses about why all these companies spiked and all their future cash flow predictions from people who haven’t even seen a balance sheet before
Already have friends texting me about stocks that will “spike” next week based on their assumptions of what the company does despite having never invested in their life. Guess we should be thankful for all the new guru investors rising from this time
if your quickl enough it could be very profitable