I think it is a sell at the moment.
In fact I think this is a dead cat bounce for sellers.
The smart approach is to wait a few months and wait for a signal thats more definitive
It could track lower in the mean time.
I look at it like this. Shares have been diluted from the issue already so whatever happens it is not going to get to past highs for many years.
Then its still burning cash.
May not get the same business back, there are other cons and how long is the isolation going to last as well as its impact on travel?
Either way, I think there is a reasonable chance I can buy lower so why pay higher now?
I have a small position just to track it
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Last
$21.95 |
Change
0.340(1.57%) |
Mkt cap ! $4.851B |
Open | High | Low | Value | Volume |
$21.74 | $22.05 | $21.63 | $31.78M | 1.450M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 191 | $21.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.95 | 8747 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 120 | 21.650 |
1 | 500 | 21.500 |
1 | 500 | 21.210 |
1 | 460 | 21.110 |
1 | 28 | 21.100 |
Price($) | Vol. | No. |
---|---|---|
21.950 | 2571 | 1 |
22.000 | 25552 | 8 |
22.010 | 47 | 1 |
22.030 | 944 | 1 |
22.040 | 246 | 1 |
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