LATAM Airlines Group Stock Forum

duk3 : I have been wondering about this. It still has 333 planes in fleet, and it is the largest holding company of airplanes in all of South America. It's been around for nearly 100 years, and they are only just getting back in from the Pinks. They filed a Ch11 reorganization, not a Ch7 liquidation, and were allowed to be debtors-in-possession during that time. Further, their financial insolvency was not because of poor management, but because of Covid, which tanked many airlines as well.
For $24.50, on a stock that was once fair-market at >$1000, with assets primarily held stable (it seems, based on OSINT), I consider this a steal. I bought 10, just to see where it goes. Thoughts?

HnrqAlvs : Waiting the RS?

Matthew Hill291 : gonna only go up

GetRichOrDieTrading OP : I just noticed this a new stock, which is  now making me double-guess myself about LTM’s market being bearish.
Let’s see what plays out in the near future.

GetRichOrDieTrading OP : Weekly Candles

Matthew Hill291 : it was rs on otc than it got listed on stockmarket in ny  .