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The 2 Ways Ahead for Tiger Airways
By Student  •  July 27, 2011

Crossposted on Over The Hedge. My cybercolleague Apurva has closed out an excellent countertrend recommendation on HTC that is worth thinking about.

Given my past discussion on Tiger, a reader sent in a question essentially asking who has been buying Tiger. In case you’ve been distracted by the heavy macro news recently, this is what has happened from precrash to post crash:

I was lucky to get out of my announced short position with my shirt still on my back at a nice price of 1.00, thanks to a fortunate morning auction. Other shorts who traded with target prices in line with analyst expectations will have been seriously burned. Tiger was a FANTASTIC long over the past week thanks to rumours that SIA might increase its ownership.

But this defies logic: The Tiger share price has now ENTIRELY shrugged off the Australian ...

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By Student
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