Air NZ shares poke holes in 'buy the dip' mantra

Air NZ currently seems to be trading at a premium, something which is confusing the big players. (Image: Getty)

Thu, 07 Apr 2022

Among many in the new generation of investors, there’s a phrase that’s often repeated like a mantra – ‘buy the dip’.Share prices taking a tumble? Buy the dip, sit back and wait to cash in on the recovery.There’s truth to it. Certainly, when shares go down, it’s often based on people panicking, and there can be bargains to be had.But like anything when taken too literally, there’s a lie to ‘buy the dip’ as well.Too big to fail?Air New Zealand currently seems to be trading at a premium,...

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