The higher it rises, the harder it will fall. IAG and the airlines like EZJ are starting to now go down 3% at a time day after day.
AIZ might go down under $2 at this rate.
Even POO, tourism numbers, Kiwi, everything is starting to look as good as it gets.
Might fall into a crevasse unlike Erebus in 79. They need to do more hedging and more risk aversion IMHO. The leadership has been sitting on its laurels for a wee while.
AIZ Price at posting:
$3.30 Sentiment: Sell Disclosure: Not Held
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