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Today i have something special for you! A company that lost 99% of its value in one year. Norwegian Air Shuttle is a pioneer low-cost airline company with 5.5Bil usd debt! Just 6 of the 140 aircraft i are still flying. 600 employees from 11000 are still at work. Norwegian presented a rescue plan that included slashing its fleet, debt conversion and a rights issue...
Here is when i first told you about the buying oportunity: Now they had a 100:1 reverse split and the price is up. Norwegian Air Shuttle ASA aims to exit Irish insolvency proceedings in April as the carrier jettisons its low-cost long haul business to focus...
Very long term play will load on second pull back monthly TF so will have to be patient.