SIA shares continue to be battered down today and as per all my SIA posts since last week and this week, the stock continued to slumber down heavy with sellers selling instead of buyers turning the situation around. Click below to read ll my SIA posts.
http://stockmarketmindgames.blogspot.com/search/label/sia
The airline industry is currently very bad and in the coming months, there will be more jobs cut and more operational losses in the pipeline. It will take months to years before the whole industry can recover again. Now it prompts to one question looking at the price of SIA now, will the government bail SIA out just like NOL, SMRT etc?
Ronald K - Market Psychologist - A Stock Market Opportunist
