Originally Posted by
5and20
If the travel industry so bad that their were furloughs. The stock would be severely depressed . Can you babe an airline that has ever started mass furloughs that did not have it stock tank before the furlough started
That’s like saying “have you ever seen it rain without there being clouds in the sky first?”
of course not.
Having a stock lose 80% of its value clearly points to furloughs vs growth. But again, your position was $2 and mass furloughs. My position is a price target is a reliable as saying “somewhere before bankruptcy”.