Panic not! It is always scary when a share becomes so volatile but if you are lucky enough to be in below 40p then there is little to concern you providing you are not looking to sell today or tomorrow! Directors not buying is nothing to be concerned about.....in fact the reverse. Here's why. If you were a director, you would want the share price to rise...obvious. Even a token purchase of a couple of grand would help enormously. Only an idiot director would not buy. Correct? You bet it is so what's the reason. Due dillighence is the reason. Of course other travel companies are looking at them with a veiw to a takeover! The directors know this and plenty more which would be considered inside info. They absolutely cannot buy while they are in possession of inside info and they can't tell you on the phone no matter how much they would like to. A little.....not a lot mind you!.....patience is required and a cool head to ignore the fluctuations. Why not go on a holiday and come back and look say at the end of Jan? You would no doubt be a lot richer and will probably pay for your holiday out of your profits! The tracker institutions (you know, the mindless buyers and sellers of shares) are pretty much out now and the day traders are in charge. Ignore them. Anyone short has my full respect as when the announcement comes, a stop loss will be impossible. The price jump will be automatic. I am guessing around 40p but the longer the wait, the higher the price in my opinion as the business will soon be back in shape. Remember, this is a company that has been around a long time and has a huge turnover. Good management (which has been the norm till last year!) will turn it round pretty damn quick. THEY KNOW THIS BUSINESS! Given a year, even 40p will look stupid. Try 150p. So a little patience, a little bottle, and you will make some serious money in my opinion. Good luck!
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