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Five Reasons Why Indigo Shares Crashed 25% in Two Days

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Indigo’s stock has fallen over 25% in two days. While I’ve been very appreciative of the aviation business and Indigo in particular, this is time to take stock. And we have been long at Capital Mind Premium, though we were out at 1160 due to a trailing stop loss. But the stock fell from the 1200 levels to 900! What happened? (Note: this is not a stock recommendation; it’s merely news and opinion) Our top 5 potential reasons – mostly after the fact, so there wasn’t a way to predict it – but these seem to have impacted it the most. Please do understand that reasons always “follow” a stock move, and any attempts to explain it should be taken with a pinch of salt. Who knows, even worse news may be ahead! Note: The stock is up 4% as we write this, so some of the fall has been tempered.… (Read On…)

[via Capital Mind]

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