$SIA (C6L.SG)$ Airline stocks are not what you should buy lo...
$SIA (C6L.SG)$
Airline stocks are not what you should buy long-term during a pandemic. During pandemic, there are travel curbs and lockdown. At the lowest, flights were down 90%.
Airline stocks are not what you should buy long-term during a pandemic. During pandemic, there are travel curbs and lockdown. At the lowest, flights were down 90%.
This pandemic is a century thing. The SARS outbreak in 2003 only lasted 6-9 months. There has not been something worse since the Spanish Flu in 1918 where 50m people died. Now there are are about 5.5m deaths. It has gone on for nearly 2 years already. I don't see a recovery to pre-COVID level for at least 1 year.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
Follow me to get useful analysis, learn TA and make profitable trades.
Maximise profit 利润最大化
8473Followers
48Following
28KVisitors
Follow
James Tan57 : Funny.... I think everyone or most of the human kind already know that Covid will not go away. living with Covid, first time hearing this? This is the new norm. I don't believe there is still such comments.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
James Tan57 : first time hearing that it should not be bought for long term, do u mean short term during pandemic? this sound more logical.
bullrider_21 OP James Tan57 : Right. If you bought and sold at every peak and valley during this 2 years, you would have made much more profit than if you were to hold long term. I know many of you bought at high levels and would not even sell to incur losses.
bullrider_21 OP : Buy for long term only if less than $5. Even then, there will be many ups and downs. So why not profit from it.
专业技术人员来赚钱 : Is there still no need to live even if there is an epidemic? Won't the company's stock price stop because of the pandemic, just like if there was a car accident, they wouldn't go out?