Well the argument right now seems to be whether the India tragedy was caused my pilot error or plane failure. I can easily make the case at the stock goes down from here. It was already up 66% in two months and now we have this accident. what do you guys think?
You will never win at trading by guessing like this on individual stocks and swinging. Too many variables beyond your control just to hover around a flat overall average. Most stocks anyway are heavily influenced by the overall market index sentiment. Besides, didn't you mention in previous post you found a Holy Grail with day trading
After watching several speculation videos, I am leaning towards Air India maintenance failures resulting in both engines failing. They do not have a stellar maintenance history. Will I trade it? Nope. 50/50 in my opinion.
Anything could happen even in modern hi-tech world. Look at the SilkAir Flight 185 from Indonesia to Sgp in 1997. It crashed and killed every single person. Till today, no one knows the root cause. Is it pilot suicide act? Or plane mechanical problem? Even plane can disappear into thin air (besides Bermuda Triangle). Eg MH370 which disappeared on 2014.