FLT 3.30% $21.11 flight centre travel group limited

Short squeeze, page-51

  1. 11,116 Posts.
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    Claw - Has to happen to all of us risk-takers every now and then. I didn't expect it would be downgraded by so many analysts this morning - makes it a whole new bad news event today in some ways.

    I'm a big fan of flight centre as an investment in any recession, but the funny thing with FLT is that the market has a paranoia about them suddenly not being able to compete with on line, no matter the great financial metrics they pump out year after year. So market goes from white hot to frozen to white hot again in short periods of time.
 
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