FLT 3.20% $20.63 flight centre travel group limited

Crazy Valuation, page-92

  1. 2,656 Posts.
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    Bunta,

    You have both sides of the trade,

    We holders are long - So we make money when FLT share price rises.

    The other side is the people who believe that the Share price will go down, and they bet aginst the market, or in other words go short. Tempting is Shorting this stock.

    I always say, every dog has/her day. I remember Kit and all those other armchair commentators used to say, this will be under $10 - well did it happen? No. So each to their own. This maybe a few good days for shorts, but after that the market will wake up - this is going no where but up in the future - Question is how long can the market ignore it
 
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