Exactly what I'm seeing. Will cut and run on a failure there but above that and it should be smooth sailing into the high 11s
You on board ALC?
Welcome back....yeah - riding a chunk. I'll break a little off if it flags today but otherwise the shorts could be in for some genuine pain on any real positive news cycle. Otherwise I'm looking at the airlines, particularly if GOL gets downgraded. I'll buy. Made a nice haul taking ABV round trip on a short from the top to around $31 and back up again.