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Bargain hunters will be back on wednesday to pick up stocks!
You are Right stocker , Tiger wakes but still Have time to roar.
http://www.cnbc.com/id/47317006
Oil falls again!
The market had already known about this and that's why Oil and Gas companies like Haliburton, Baker Huges's price falls...
http://www.google.com/finance?q=hal#
Also, why sub-supplier here all do right issues altogether?
Why Obama wants to sanction Iran, so that the price of oil will be stable?
Every one knows that oil will not stay $100 a barrel.
I am seeing oil to be $90 on average till end of year!
Low oil prices will benefit LCC for sure!
Tiger is oversold due to the fear of losses on FY reporting which is widely expected.
However, thats when people will not buy into money lossing companies but did not see the tiger recovering like an apple in the 90s.
Tiger has doubled its fleet and of course, will have more passengers on board for sure .
Scoot air comes at the right time! If SIA thought LCC is not going to work and why they have another LCC wing?
My opinion would be if you are buying less than 200K of shares and not more than $0.72 priced higher than what the CEO of tiger has invested a few monhts back, its a bottom line for long positions!
Any opinions on that?
US ISM data contracted, Bad ADP data, same store retailer miss targets, oil inventory in US rise, oil price falls. Perhaps a recession is looming.
The way of budget airline : perform well in recession, need to travel but on a shoestring budget.
Go Tiger!