Just a heads-up for any traders out there. Easyjet seems to be bouncing back after its 20% fall during the week.

MM's seem to be walking the price up.

Right now we have EZJ Bid: 608.5p Offer: 609p Change: 11, was up 13 a few minutes back.

Numis reiterates: Buy and maintains 2100p TP:
"There is quite a long list of worries, but we believe that the share
price reaction has been overdone and expect a relatively reassuring Q3 update."

certainly worth watching now or even having a dabble (i have done so modestly)
sp has now nudged back through 25 dma and the markets in general are looking quite perky

Trading statement this Thursday.

July 22: Deutsche: Buy - TP: 1935p.

Q3 Interim Management Statement

A. HIGHLIGHTS:

easyJet performance in the quarter

· Revenue per seat grew by 2.7% at constant currency or by 1.7% on a reported basis to £62.47 per seat despite a less benign capacity environment and a significant increase in easyJet capacity at Gatwick. The revenue performance was driven by the movement of Easter into the third quarter of the financial year and continued digital, brand and revenue initiatives.

· easyJet's capacity grew 6.8% in the quarter, primarily driven by a 16% increase in capacity at Gatwick mainly due to the purchase of the Flybe slots and 7% growth at Rome Fiumicino.

· Total revenue grew by 8.6% to £1,240 million, passengers carried increased by 9.4% to 17.9 million, and the load factor increased by 2.2 percentage points to 90.4%.

· Cost per seat excluding fuel increased by 1.0% at constant currency or decreased by 1.3% on a reported basis, better than guidance issued in May. The increase, at constant currency, was driven by increased airport charges, primarily in Italy and planned year on year cost increases in maintenance and lease costs.

· Cash and money market deposits were £1,162 million and net cash was £603 million as at 30 June 2014 demonstrating easyJet's continued strong balance sheet.

so typically sp gets bashed again!

What did you expect ? it's happened to several recently .

par for the course i agree, but still dull :-)

I've bought a couple that dropped on good results for a bounce ,usually works .

It is a crazy market.

Bought a few more.

I hope they will fly!

Gone long . So long as some crazy bar steward doesn't shoot anything else down should be ok .

July 24;
Numis: Buy - TP; 2100p
Cantor: Hold - TP: 1500p

Telegraph after results

24 July: Credit Suisse: Outperform - TP: 1873p.

July 25: Numis reiterates Buy - TP: 2100p

UBS reiterates Buy - TP down from 2100 to 1930p

Aug 20: Cantor: Hold - TP: 1500p

Still long and about evens now.

Out with a small profit this morning ,don't seem to want to go back over £14. Maybe back in if they drop .

Sept 5: Cantor: Hold - TP: 1500p

Don't worry midknight they will go up now i've sold .