Thai Airways Intl (TAWNF)

[RJ32]

DG, I really hope you and Hercules TPs hit. We will all bank if everyone will hold and not sell for peanuts!

I totally agree with you/Hercules, the probability is very high the creditors will approve the plan.

However, my question is on your TP... So you really believe if the Rehab Plan gets approved, the result of this material event will cause enough DEMAND to push the SP up in the range of $1 - 2?

We're going to need much more Buying Volume to come in to reach $1 and higher. Hoping we hit your TPs and higher. But, I have some concerns from observing L2 today, we have a lot of Shorts and probably some MMs betting against us, they will resist upward momo and try to hold SP down. Don't think they will allow it to trade freely like it should.
And, do you think we still have enough built up anticipation/expectation Demand for $TAWNF that will push through the MMs games and the Shorts?

I welcome your honest rationale on this topic.

Hercules, feel free to voice your thoughts as well.

I will be static even with $2.00, but rest assured $1.00 is given open on Wednesday if everything goes as planned.