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Stock guys
#7763818
03/05/20 02:50 PM
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Joined: Nov 2010
Posts: 358
B-radder
OP
Bird Dog
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OP
Bird Dog
Joined: Nov 2010
Posts: 358 |
Thoughts on American Airlines?
343 NEVER FORGET !!
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Re: Stock guys
[Re: B-radder]
#7763821
03/05/20 02:53 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I have LUV at 13. It got up close to 60 but took a little hit with the virus.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Stock guys
[Re: bill oxner]
#7763840
03/05/20 03:15 PM
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Joined: Jan 2009
Posts: 19,282
Judd
#1 Creedmoor Fan
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#1 Creedmoor Fan
Joined: Jan 2009
Posts: 19,282 |
I have LUV at 13. It got up close to 60 but took a little hit with the virus. What's that got to do with AA? My fear with the airlines is the virus is just starting to effect them. It's a gamble that I'm not comfortable with, but the airlines industry is just like railroad, trucking, automobile, etc....the government won't let it fail as a whole. That's a long way of saying....to risky for me.
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel
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Re: Stock guys
[Re: B-radder]
#7764860
03/06/20 06:31 PM
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Joined: Jul 2005
Posts: 3,309
Stump_jumper
Veteran Tracker
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Veteran Tracker
Joined: Jul 2005
Posts: 3,309 |
Plant manager I use to work with use to talk about buying AA back when they were looking at Chapter 11. We kicked ourselves for years for not buying it. Hold off until this virus thing has run it's course. I dumped some more stock today, Chevron. Headwinds for oil are strong right now. I will cover my losses when it turns. Holding more cash and gold right now than I normally do.
2017 Tundra 5.7 CM 4x4 2006 Champion 2200 Bay Boat
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Re: Stock guys
[Re: B-radder]
#7764965
03/06/20 08:42 PM
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Joined: Dec 2011
Posts: 1,938
gtrich94
Pro Tracker
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Pro Tracker
Joined: Dec 2011
Posts: 1,938 |
Airlines are going to continue to drop until things stabilize. The daily operating costs for airlines is huge and when they take a 20% hit to their load factors, they start bleeding money. Until people start flying internationally again, they will continue to slide. Also, don't forget about oil prices. If this causes oil to go up, the airlines will take a double whammy to their bottom lines.
Remember the old saying, how do you get 1B in the airline business, start with 10B
Last edited by gtrich94; 03/06/20 08:44 PM.
Thanks, Rich
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Re: Stock guys
[Re: Judd]
#7765015
03/06/20 09:54 PM
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Joined: Oct 2013
Posts: 1,457
TonyWornick
Pro Tracker
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Pro Tracker
Joined: Oct 2013
Posts: 1,457 |
I have LUV at 13. It got up close to 60 but took a little hit with the virus. What's that got to do with AA?
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Re: Stock guys
[Re: B-radder]
#7765032
03/06/20 10:26 PM
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Joined: Jan 2013
Posts: 19,658
Pitchfork Predator
THF Celebrity
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THF Celebrity
Joined: Jan 2013
Posts: 19,658 |
I would be looking at Southwest....
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Re: Stock guys
[Re: Judd]
#7765034
03/06/20 10:29 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
[quote=bill oxner]I have LUV at 13. It got up close to 60 but took a little hit with the virus. What's that got to do with AA? /quote] Same industry. Both taking a hit from the travel restrictions. Look it up.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Stock guys
[Re: B-radder]
#7765053
03/06/20 10:59 PM
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Joined: Sep 2004
Posts: 1,862
swampthang
Pro Tracker
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Pro Tracker
Joined: Sep 2004
Posts: 1,862 |
The VIX touched 54 today,highest its been since the '08 meltdown. Only thing up today were TONS of bear ETFs. Doesn't portend well for the short-term outlook.
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Re: Stock guys
[Re: B-radder]
#7765084
03/06/20 11:53 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Stock guys
[Re: bill oxner]
#7765098
03/07/20 12:06 AM
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Joined: Jul 2015
Posts: 23,188
Bee'z
The Beedazzler
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The Beedazzler
Joined: Jul 2015
Posts: 23,188 |
Excellent update Oxbot. We appreciate the info
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Re: Stock guys
[Re: B-radder]
#7765144
03/07/20 12:46 AM
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Joined: Dec 2005
Posts: 35,507
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 35,507 |
Never a fan of airline stocks.
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Re: Stock guys
[Re: bill oxner]
#7765148
03/07/20 12:49 AM
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Joined: Jul 2015
Posts: 23,188
Bee'z
The Beedazzler
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The Beedazzler
Joined: Jul 2015
Posts: 23,188 |
Excellent update Oxbot. We appreciate the info Just remember that you posted a mugshot of your buttface on this forum. I wouldn't be calling names if I had a mugshot like yours. Get bent you old condescending prick.
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Re: Stock guys
[Re: B-radder]
#7765152
03/07/20 12:54 AM
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Joined: Jan 2011
Posts: 21,373
Bullfrog
THF Celebrity
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THF Celebrity
Joined: Jan 2011
Posts: 21,373 |
IBTL
Man if I knew what Oxner knows I could throw away what I know
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Re: Stock guys
[Re: Guy]
#7765155
03/07/20 12:58 AM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Never a fan of airline stocks. Its been a roller coaster ride for me but always payed good dividends.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Stock guys
[Re: bill oxner]
#7765159
03/07/20 01:01 AM
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Joined: Dec 2005
Posts: 35,507
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 35,507 |
Never a fan of airline stocks. Its been a roller coaster ride for me but always payed good dividends. Dividends not that good.
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Re: Stock guys
[Re: Guy]
#7765174
03/07/20 01:19 AM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Never a fan of airline stocks. Its been a roller coaster ride for me but always payed good dividends. Dividends not that good. They were at eleven dollars. The percentage goes down as the price goes up.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Stock guys
[Re: B-radder]
#7765218
03/07/20 02:18 AM
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Joined: Jan 2011
Posts: 21,373
Bullfrog
THF Celebrity
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THF Celebrity
Joined: Jan 2011
Posts: 21,373 |
I never was good at Monopoly. Never did get my $200 either dang it
Man if I knew what Oxner knows I could throw away what I know
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