/biz/ - Business & Finance

Red Skye reporting in Rider, Sir!

Daily advice you to pump a bit into Norwegian air shuttle at this point (AFTER late feb 2021/new stock batch issue). It's also heavily 737max and corona stricken company, but it has many advantages.

1. It just released recovery plan (that will mean slower recovery to lower heights, so don't salivate over the past performance, that won't be actual for several years if ever again)
2. It is pretty important service in the north of Norway and will be always to some extent supported by the government. They just applied for more help and it looks very much like they will get it. The state today (21.1.2021) agreed to support the company again.
3. ! BEWARE! They will be issuing new batch of stocks soon to cover a part of debt, so the price of the stock will be going down first! Wait after the release! I expect the price to actually drop to some 8-10NOK! Likely even less. Don't you fucking buy now! Or else you will hold bags for months!

But at that point the price will be at it's lowest. And the company will be operating 35/150 planes with a realistic recovery plan. It will ofc depend on corona fucking off at some point. If we are still in lockdown for whole 2021, it might bankrupt, but that's kinda overall issue for all of us now..

22.1.2021 we got a simple .nfo that The Irish extended the time for decision about anti-bancrupcy cover until late feb 2021 and noted that the save plan looks solid.

I myself am now watching the price reactions in hope that I will get rid of some bags to buy more later. I will likely be holding a few bags for several months before it recovers. I believe the company survives and my average price of NOK 73 will get to some 200-500 during months after corona.

I got some genuinely good advices and pitches here, so this is my contribution to our meme portfolio of corona related gambles.

Fucking epic win of the day, i got rid of NAKD in green. I thought I will hold that 100$ bag until delist.

Also GEVO mooning today. The retard comments on etoro will be comedy gold tomorrow when it drops to 8$.

Also, is this FCEL reaction to the earning or do you yet expect it to drop? I am new to earnings reactions