Savvy Trades and Investments

[maxluke1]

CPA

I've been reading this board for a while, but this is my first time posting. I figured I'd post this airline stock. It's been beaten down because Venezuela is probably going to default on its debt, resulting in an lengthy battle to try (and probably fail) to recoup ~500 million of their short term investments/cash.

While that's pretty horrible, Venezuela only represents ~8-10% of their total revenue now. I'm keeping an eye on it. If there is panic selling when Venezuela defaults, I think that would be the time to step in and scoop some of this up. I still may enter toward the end of this year based on the tax loss selling pressure that is likely occurring at the moment.

Management states the dividend is safe as well and at the current price it nearly yields 4%


Furthermore, I really enjoy reading this board because it aligns with my investing strategy pretty well. Just to give you an idea of some other stocks I'm keeping an eye on: TNH, the 3D printing stocks (especially DDD and AMAVF), and I've been contemplating short selling GEOS.

I only own AMNF and TCX at the moment and am almost all cash. I also recently sold off GV.

Thanks for running a great board guys,
Max