Have to allow quarterly results to manifest themselves. Accumulate stock on a company like VLRS, dollar cost average if needed. Be patient. Very difficult to time stocks or make sense of short term moves/volume.
Looks like today is just options expiration day swing trades. I am loading up additional shares at this price (close to the initial offering price for the stock). If you are bailing at this level, why did you even invest in this company? VLRS is an excellent company with a great story. Especially if you consider oil prices that will continue to come down as both Mexico and the US ramp up oil production, this airlines margins are going to look even better.
On a more serious note, I'm not looking to "buy and hold" like many of you. I appreciate your position, as you have obviously put a great deal of thought into this. While this stock continues falling, I can grow my money elsewhere and come back after it has hit bottom (wherever that may be). All signs are looking down right now, barring some gap up in price that no one saw coming.
I agree that the stock may be worth buying at some point in the future, just not in the relatively near future (only my opinion).
Sorry guys, this thing is dropping like a rock. I'm outta here. Thanks for all of your insight along the way. It's been real, the insights been fun, but the stock hasn't been real fun. I'm just going to invest in good old American stocks. Good luck to you all.
Looks like a right decision , this junk doesnt go anywhere except down. All these exciting news about increased traffic and load factor - just moving this stock down even more. And bullish Cramer recommendations just make things worse . no more faith in this stock