(ADR: RYAAY) They've been on a run lately. Reported today, not the best results imo. Not bad... but I fail to see how they can justify a forward PE of 18 with DAL at 9. Currently at an all-time high ($108) with another of those bitcoinesque looking charts. Might be a good short... who knows. Stocks only go up.... so I'm told. Good stocks that is. Is this one of those? Hmmm. I like DAL better. And its down nicely today. I say its a good short in a few days. Trades on low volume though.... always bad for a short.
Well, Vanz my friend, for the long term, things seem to be looking up for them? https://www.bloomberg.com/news/arti...he-air-s-getting-thinnner-for-legacy-airlines Could they be a good investment vehicle, rather than just a trading vehicle?
I saw that. I have no position on em for the record. Zachs gives them the highest rating. That must mean they are heading 360 degrees north apparently. Its still an airline, and its PE is too high. We shall see. Maybe they serve Dominoes Pizza. And take Bitcoins for liquor. Via phones. We are certainly in the best of times.
A Tale of Two Cities, eh? Wasn't that right before the French Revolution? What would Mr. Dickens have written back then if HE had to travel coach on a transatlantic flight and had to eat Domino's crappy pizza? Certainly the worst of times.
This stock hit another all-time high of $113 on Friday. I'm gonna have to say its a strong buy. They are going to have to accelerate their stock buyback due to EU regulations concerning airline ownership and Brexit. https://www.reuters.com/article/us-britain-eu-airlines-ryanair-idUSKBN19W24L Low volume and forced open market buybacks.... pffff....its going up near term. No way it can't.