With everybody keen to fly places and AIR ‘eye watering sad’ at cutting staff in a few months they’ll be doing a Jetstar and cancelling flights ‘due to staff shortages and operational requirements’
Printable View
With everybody keen to fly places and AIR ‘eye watering sad’ at cutting staff in a few months they’ll be doing a Jetstar and cancelling flights ‘due to staff shortages and operational requirements’
Poor sod on Twitter ...should have read the market better
HELP! I borrowed money and then shorted AIR New Zealand (AIR.NZ) and now my money is all gone. What do I do?
I am a holder and I'm down around 20% but I haven't incurred any loss as I haven't sold. I can afford to hang on till things improve.
Most of the opinions or conclusions formed are on the basis of incomplete information and that is pure conjecture.
Mr Market will decide regardless.
carter Worth - CNBC charts show boeing money is moving into momentum trades. If AIR moves with the US air lines then it can move back over 2 dollars but probably wont go back over 2.25-2.50. NZX has often just followed the SP 500.
Check out Hertz, Whiting Petroleum and Chesapeake overnight - one is already in bankruptcy, for the other two it is almost guaranteed. Check out the US airlines.
I can understand why Air NZ looks cheap compared to this - it is!
We are approaching Full Tulip in certain parts of the market, of that I have no doubt.