How low it is ?It closed under 17$ only two times since 2020. In june 2022 and in oct 2023.
The 7 years record closing is 12,90$ in march 2020. Forget the 9,82$ mentioned by some, there only 1 transaction at that price; that day, volume was over 11$ and 12$.
So, few weeks before Q2 results with a 4B$ EBITDA forecasted by management for the full year we are only 4$ over the worst day in the recent history (with planes grounded for an illimited time).
Stock market sometimes offers surprises.
Sad for the longs who are waiting for years.
At 19,37$ my average cost is not a problem, My thought was about a 18$ floor, but market gave me a reminder of its surprises power.
I am thinking for more opportunistic buys. Good return is an certainty. Let's the time works.