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It was O'leary (again): https://sarajevotimes.com/ryanair-announces-strong-growth-in-the-balkans/
As I told before: CEE expanding
The price downgrade happened on the 12th May plus all airline shares went down yesterday not just Wizz.
I did warn u this would get hammered
Not sure theres any assiciation with ezj and the drop
For Wizz it was more the broker downgrade.
Easyjet put up some great numbers yesterday with a projected £1billion profit for the year but they announced the CEO was leaving in 2025 causing a tumble in all airline stocks. Why as no other airline will be affected by his departure? A probable reason is that share trading algorithms are linked together so a sell off in one causes them all to fall. A bit stupid but there you are, they'll bounce back over the next few days though. All imo.
At close there are more sells than buys, (as reported by LSE) ... tipped by the 3m sell that went through at the end of the day.... but was it a buy or a sell? could be either really as I believe the nature of the trade is derived from the price and whether its closest to the bid or offer.
This hasnt helped.
JPMorgan cuts Wizz Air price target to 2,150 (2,250) pence - 'neutral'
Always gets punished....not worth the headache
I think mw could be playing the stock both ways it would not take much to move the stock one way or the other as they are not short in iag or ejet. Had a read up on them they have billions to play with if they were long in wizz we would not know of course the above just my opinion
GLA all
So now all the little fish have been shaken out of the share after the overeaction to EasyJet's half year results 'only' hitting mid-range, the big boys will be out hoovering everything up again. Seen it so many times - all imo.
Good question. Another is when I make a hefty buy or sale, why don't I see it reflected in share activity until the end of the day?
Can anyone explain how the stock goes down if there is 2X more buys than sells please?
Most recent shorts have reduced
This will reduce the ***cost of fuel*** and surpress inflation generally.
Up to 20% of the cost of running an airline is fuel!!!
All GOOD!!
- only Airbus ones..........
https://www.bbc.co.uk/news/articles/cv2x2rxdlvdo
Few days back they had...Marshall increased on the 10th they are barstewards....
Don't know where you see that. Shorts actually down from 3.43 to 2.98 in the last 3 days.
Shorts increased yet again ...always gets pushed down hard....I'm leaving alone this time.
Is around 350 million profit flat prediction that bad
Boeing planes are giving customers lack of convidence in flying with airlines that use BOEING and cold see a boost for other airlines like WIZZ.
RYANAIR numbers will be flat for 2024 and expect FYResults for WIZZ to be on target and slightly ahead .
Brokers ratings will increase to £25 in the coming weeks.
Shorters are really sticky on this share, it must be personal
Ryanair are always in a price war, nothing new there. The market is very competitive, securing valuable slots is the key. Massively overreaction in the SP
This is fresh rating from JPMorgan , they just taking it lower everytime they do their update.
JPMorgan cuts Wizz Air price target to 2,150 (2,250) pence - 'neutral'
Shorts have actually retreated marginally in the past few days. Check it out buddy.
Yup - the one and only graces us with his presence once more.