Stock reacting very badly to what appears to me to be a positive forward looking and Q earnings preview announcement this a.m. I know GOL is facing a negative market today, but seems like this news could help counteract that. Am I missing something?
Tam (Gol's competitor) has also fallen from $24 in Jan to $15..a few articles I have read are stating that the accelarating rise in inflation in Brazil is highly suggesting that the central bank will be raising rates in April.. in addition another article suggested the rise in petro is holding the the airline stocks down....
"News" from analyst/experts was that the outlook from GOL was what the analysts already expected---hardly an overwhelming endorsement.
You will often find these "analysts" have interests elsewhere---like pumping American airline carriers.
Despite how they lean in their "unbiased" evaluations they cant get by the growth expected in Brazil---vs the US air travel market. Only when this stock goes up---will they mention it again.
I would like to see them do an article on how much that China has invested in Brazil, how much Brazil has invested in taking over US companies---and even how the high rollers from even lowly PORTUGAL are expanding into Brazil (and through companies there)--into the US.