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.

This is oversold... EZJ will bounce back up but buy when it start to rise.

It's recovering ground... in at 900p

you're a brave man ..... profit warnings almost never come singly and usually in 3s

885p seem to be a support at the moment and IAG looks a good bet too.

Plenty of news coverage Easyjet most of it negative.

Not doing too well today.

Any reason?

Ex Div today I think Claret.

It is both.

chart is pretty shitty .... am glad i took my medicine some time back

following in the footsteps of IAG's results and no doubt also with some reflection of weaker crude, all airlines are having another good day
as it happens, EZJ is faring slightly better than RYA

Half yearly report http://www.moneyam.com/action/news/showArticle?id=5549562

so you clever chaps, which i am not, do you think those numbers are good enough to sustain the recent sharp rise in sp?

my gut feeling is not - but then i took my decent profits on a trading position yesterday

No idea but trying to second guess company results can be a pretty fruitless exercise personally, best trade what you see as they say.

tempted to say "told you so" but shall restrain myself :-)

Trading update looks good on a first read http://www.moneyam.com/action/news/showArticle?id=5694299

EasyJet has swooped to acquire part of the collapsed Air Berlin's operations in Berlin's busiest airport for €40m. The budget airline has agreed to acquire leases for up to 25 Airbus A320 aeroplanes and offer jobs to each plane's flying crews and taking over other assets including much-coveted runway slots.

Oil price doing the damage here?

Brexit-weak £- higher oil prices of which only about 60% hedged. (bye bye as not for me this one)
On to hedging- I recently retired but have been in an international Jet fuel ,DPK and UK kero trading and broking job for approx 30 years and am dumbfounded when and if these airlines are ever going to employ some decent oil traders rather filling vacancies with a few inexperienced graduates? Answer : probably not, but do not ask me why considering the impact Jet fuel prices have on profitability

Descent through the clouds a bit steep!!!!

whacked by 5% this morning, though of course the markets remain in a pretty bearish mood anyway

however, with the demise of cobalt and the imminent collapse of flybe, one would have thought this to be good news for the stronger players, and especially those in this budget market