If COVID was done and normality resumed, then I would say buy this stock for either the short term rocket (already happened) or the long term return. The problem: this company is not attractive to invest in vs companies of similar share prices with one crucial difference. The alternatives can turn a profit and therefore pay their shareholders dividends.
Any airline is a gamble at the moment. Many people are expecting that international travel will simply resume where it left off.
It might, but i dont see it personally. Let me put it to you this way, what happens when we open our borders and people from other nations where COVID caused more deaths than we had cases start coming here?
Will we:
1. Not have any new COVID?
2. Start seeing a spike in numbers?
3. Have no effect and therefore no negative impacts to our economy?
If you think the answer is 3, then you are 2 years away from seeing a return on your investment, unless you do a pump and dump.
Any airline has become a penny stock with much more risk attached to it, and only limited reward.
Buyer beware, DYOR, and GLTAH.
AIZ Price at posting:
$1.52 Sentiment: Hold Disclosure: Not Held
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