Not a lot of volume but upside momentum looks very good on a so so day.
Big money is playing coy with their big dollars. They've been burnt before. Can't blame them.
The shorts are just waiting to attack at the least bit of downside in the Rad numbers for sss on Thursday.
For me I believe Rad will not disappoint. IMHO.
Even if they do, i'll pull the trigger if the price drops significantly.
Rad is a turn around company for many reasons I won't go into.
For those holders in Rad you already know the numerous reasons why.
No, having more war is not the answer. Many veterans and non veterans have an unmistakable ability to comprehend safe and non safe operations.
Through dedicated studies of the type aircraft they are flying to researching past mistakes of others in similar type aircraft.
Be it commercial multi engine jets, corporate jets, turbo props and piston aircraft. It all boils down to the same thing. Knowing your aircraft and it's capabilities and knowing your own capabilities.
Not the least is experience over the years.
But lets not forget some of the most experienced pilots have made critical mistakes as well.
Bottom line is to be familiar with past accidents and why they happened.
The devaluation of the Euro will allow imported goods to be bought at a much lower price than 6 months ago.
If you shop at RAD look for goods that are imported from Europe. Forget about Swiss made goods,they are a lot more expensive.
Even goods made in the UK, since the British pound has dropped in value as well.
Yes, any company not just RAD that imports goods, equipment, services from Europe will do very well.
Now, on a less positive note, companies that export products to Europe or rely on vacationers to the U.S. could see a drop in income since the dollar is so strong.
Even the price of a barrel of oil has been impacted when the dollar rises, since all world oil is priced in dollars. Of course the dramatic drop in the price of oil is not due to the strengthening of the green back. just a small percentage.
The bottom line is imports are cheaper. As for drug stores this may explain why WBA (Walgreen/ Boots) struggled all day in the red while CVS and RAD went up.
The market players are seeing this as a positive thing going forward.
P.S. I didn't mean to go into details. It's for those who thought RAD would be impacted adversely.
If Apple releases a watch that's been reported with limited battery life, then it's a loser out the gate.
But Apple has hired designers and watch makers from the Swiss.
So if the battery life is as reported, being very low, then they wasted their money.
But what if this watch has a built in wind mechanism? Isn't this what Swiss watch makers are famous for?
We'll just have to wait and see.
But, if they can give the ability to have a long lasting watch, be it battery or hopefully an internal wind system
this could be a winner. Or as reported, a big loser.
If thats the case go buy a Timex or a Seiko. Forget about the magic.If it can't last long then what's the use.
Pulling back on the side stick or yoke by a pilot In a panic situation is unfortunate in the case of Air France. I'm sure he thought he was saving the aircraft. We can't get in his brain to understand his reasoning to do so due to the conflicting cockpit instrumentation and warning systems. Also they were not that experienced in the first place.
In a Boeing plane? Yes, the same thing could happen. But the yoke unlike the side stick is there to feel and see who was doing what and maybe one pilot is right and could overcome the one who is wrong.
Unfortunately #$%$ happens to the best of us.
A highly dedicated, safety oriented and experienced pilot in type is critical.
Unfortunately that Captain, in Air France's case, was not there in time to correct the mistakes of the other crew members.
So, what do we believe could have happened to Air Asia?
According to the information given by Air Asia the Captain had a great deal of flight experience. Not only in total hours but time in type but also monsoon weather flying experience.
I flew in SE Asia during two monsoon seasons. Yes it was rough but not too dangerous.
Our radar systems were not very good, but we could, through experience, determine through WX maps what we could expect.
Yes, we delayed or cancelled flights due to WX that we felt was too dangerous to encounter both through the WX and a safe landing at our destination..
Apparently the Air Asia pilot was dispatched in miserable WX conditions and didn't have a plan in his mind of what he would do if things got worse than expected. He also didn't comprehend what the plane was telling him, right and wrong.
Until the CVR and FDR is analysed we will not know what transpired leading to this tragic loss of life.
I will admit that I'm not a big fan of side stick controllers. Yes it's really cool and gives you a great spot to have your lunch or dinner off your lap.
My only problem is the lack of ability to know who is doing what.
There has to be a clear and unquestionable ability to know who is in command of the side stick system.
In the case of the Air France accident it was evident that this may have been a contributed factor to the accident.
Yes, the crews response was totally wrong while everything the aircraft was telling them was correct and incorrect.
Overspeed warning, stall warning, AOA if it was installed, what caused the crew to not comprehend all these features and make a fatal mistake?
The bottom line is the inability for the crew to just set cruise power and level the wings regardless what was being presented to them.
Yes I know weather was a factor. In fact it may have been a primary reason for the crews fatal mistakes.
But IMHO it wasn't the total cause of the accident.
If a pilot studies past accidents in a type aircraft they are flying , he or she has a better ability and comprehensive
knowledge on what has been done wrong in the past and what, under the same circumstances, should be done right if faced with the same situation.
The Air Asia type accident has happened many times before. Pitot obstruction, air data system obstruction, pilot confusion, instrument and warning system confusion. It has all happened before going back to the 70's.
Young pilots today have to be educated on what caused accidents in the past and understand that they could also be a part of similar accidents in the future.
I've been a military safety officer and commercial pilot safety officer for over 45 years. Our program for situational
awareness, cockpit crew coordination and the study of past accident investigations has been our top safety priority in training and should be drilled into new and experienced pilots alike.
It stayed strong throughout the day. CVS was strong while WBA was down, not to much, but most of the day.
Volume was not too high for RAD but kept it's strength and went up after hours.
Bottom line is, many investors are looking at RAD as a Johnny come lately.
Through the possible BK, a few years ago, to a new viable and awakening giant.
Once again, as I have said time and time again, don't bet the house or your kids education on RAD but only use funds that can withstand ups and downs in PPS.
I'm a strong believer in RAD's rise from the ashes and continue to buy on the dips.
I agree, certain things from the CVR shouldn't be released.
But the written transcript should contain everything said between the crew.
The swearing and last minute words they say or scream knowing it's all over can be left to the readers interpretation.
Will it be a cover up to save face? This would not be unexpected.
All operators of the Airbus 320 is patiently awaiting, but the Asians are not letting outsiders in to perform critical data analysis from experts in the field of data interpretation. Both from CVR and FDR.
Yes, I still believe the aircraft exceeded pitch up attitude leading to a high rate of climb and stall. Thats a given so far.
But I also believe the crew was unprepared,,training wise, as well as being proficient in stall recognition.
So what could it be? Another Air France tragic accident with pitot tube obstruction along with who is controlling the side stick controllers?
Soon we will find out.
So sad that many more have lost their lives due to aircraft mechanical or crew screwups.
I'll take a yoke anytime vs a side stick.
At least I know who is pushing and pulling.