Well a couple of the newbies here did disclose that they believe the purpose of forums is to ramp so I don't give them much weight....
Printable View
Well if we take you at your word..do I need to quote the post, nah most here did not miss it..they are just playing with you:-)
Unlike you i do not have the ego to think for a moment I could move the market..plain silly. Just provide comments as I see them, both ways:-)
The whole airline sector has been in a very strong up tread over the last 12 months and almost every airline I track has taken a breather over the past week. There are obviously a lot of very smart and wealthy people who've been buying up this sector! One of whom is the famous Buffet who often gets quoted around here although he didn't pay anything near theses prices and that's also true for most of us.
I'm personally not buying any more at theses prices but I'm not selling either.
Attachment 8999
It's getting a little bit fanatical in here. I sold out my holding as I don't think there's much room for further increases and I see better opportunities elsewhere. Not anti-air, just anti-air at this price. I could be wrong of course, it's happened before.
I like your post Beagle, the PEs are so cheap for all of them...i think that's why Mr B bought all of the US airlines. And for those who are skeptical about airlines, why would he buy in now when he used to called the airline industry a “death trap for investors”? The dynamics are changing and we have to look at airlines like never before.
https://www.businessinsider.com.au/w...17-2?r=US&IR=T
Over priced relative to what other successful well managed airline ?...this question is open to anyone, not just Paper Tiger who has already been asked and didn't provide a real answer. Please can we have some common sense on here. If you're going to claim something is overpriced, overpriced relative to what other relevant metric or comparative company and why ? Overpriced relative to what other well managed company on the NZX ?
Stephen off to run Wizz
Hope he sells his shares at these elevated levels