$SIA (C6L.SG)$ I can't see a pattern [My Bad][Hurt] why all ...
$SIA (C6L.SG)$ I can't see a pattern why all say will drop further but so many high vol buy in ah? Any pro tips?
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inventive Reindeer_5 : Ppl want buy ma, so say will drop lo. Want tempt u sell
inventive Reindeer_5 : Trust yourself
Apoplo OP inventive Reindeer_5 : mm
102621323 inventive Reindeer_5 : UR Right
101776305 : Not too sure whether to buy more. Bought at $4 previously.
Apoplo OP 101776305 : tats why running survey see look everyone's view. But aso cannt trust 100%
101776305 : Yea should have bought even more last time at $4. I think current price also can buy cos more travel bubbles should be coming.
jumpingjilligan : you should look at the world news + rules implemented by governments. As the covid pandemic is recovering, you might see airplane stocks moving upwards as people are pre-empting that travel will resume and thus people will take planes. The price prob taking a dip due to other economical reasons + news about travel bubble with Taiwan being cancelled again.
Honestly, SG stocks move really slow so if you buy, it should be for a long term hold. In the long term, SIA will def move up as it is the pride of Singapore. It is recognized internationally and the chance of it going to 0 is really low. Only chance is if it is claimed by the government. But for reals, just hodl this stone
benzimin : Just my humble opinion. Drop further because the border in the world will not open any time soon due to CoVID-19. So all airlines taking a major hit. So the valuation of airline stock are low as they have asset but unable to utilise. So revenue and profit go down. Meaning more losses. Still, for shorters, they are looking at short term so more sell than buy recently. But for people that are looking at long term growth, this will definitely be worth it once most of the countries open up their borders. Don't forget this is a national airline too. Hold to
103044573 inventive Reindeer_5 : . Trust your gut and the facts. If really gonna drop more, why all the large vol buy in? Travel will recover sooner or later, just when.
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