Post by
GasPro2017 on Jun 11, 2020 3:32pm
Well the bears win
I'm out
I figure they will close that gap at $16.41.....why not, they filled the other 4 gap ups from last week.
Plus I do feel uneasy about that rumour in the news about the border open date being extended into late July -they will probably formally announce something in the next week. I am worried if they extend the closure, it'll hammer the share price.
Good luck
Comment by
bigkagan on Jun 11, 2020 3:38pm
for me it's too late to sell, if it drops more I'll have to average down because eventually the international flights will resume
Comment by
Equalizer on Jun 11, 2020 3:42pm
That's where most people make their mistake. Never too late to sell. If it drops another 20% you get to buy back that much more shares with same cash
Comment by
bigkagan on Jun 11, 2020 3:55pm
if you sell you may miss when the stock recovers, when you average down you keep all your shares, AC is a safe stock in the long run, you only sell stocks which are going BK
Comment by
Equalizer on Jun 11, 2020 4:11pm
Also very true. It's always a tough call but they will swing it hard just to get a reaction