This has been bugging me...Trying to find the value of this stock. If anyone has an idea where this stock will land in June 22 or Jan 23 please let me know. Please no "I think it will be here"!! Tell me which direction it will be from here and why? Is this a AMC, GME, TSLA or something different?? If it is different, why is it different?? Yeah, it makes money. Just wondering when the option money will go away/die down and we find intrinsic value...
How about Crude is $120+ which might put a damper on strong economy and in turn travel - business and leisure. Predicting funnymentally out 6 months to a year while Ukraine/ etc is going on is foolish at best.
Crude oil hits an all time high and CAR rises over 13% during the day today!! Is there even a relationship between the two at this time... I know of the old saying that the market looks 3-6 months out. It may mean that business and vacation travel has been pent up for years...And it will happen. Just talking out loud..."We haven't seen those people for over 2 years (grandma, brother, sister, parents, friends). Those important business clients, I think we need a lunch/dinner and a one on one. I'm a mid manager. I need to get to those branches and inspect what is going on (get into the bowels of the facility, check for sexual, racial, or gender harassment)...Put out any fires that are building". It may be the above...
Quite a beautiful chart actually. price went up decisively in Mar 2021. then the price went down since Dec 2021. how low will it go? below 100? don't bother about the short-sellers. they don't cause harm. In fact, be thankful to them as they are creating trading opportunities. There must be many swing traders who are happy to profit from the CAR uptrend and downtrend.
If you are required to open a position right now due to whatever reason, which button would you press first? the BUY or SELL button? Personally, I'd prefer to press the SELL button.