Are airline stocks at their lowest?

lol...

...you cats are way smarter than moi....
Well not really but I try to be humble.
Ok, maybe not.

... Either way... LUV is not going tango uniform... buy this thing on any and all pullbacks from here.
Today was the kind of dark day for these kind of stocks that the astute stock player savors.
;)

UAL's a dog 4 now though.
Rotate to LUV my man.
 
newwurldmn said:
I’ve read that business travel is forever changed.

I don’t buy it. Zoom will kill the conference call but can’t kill in person interaction.

I’ve been long UAL for several months
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Opinions all provided
The future pre-decided
Detached and subdivided
In the mass production zone

:sneaky:
 
Sig said:
Remember air travel was going to be forever changed after 9/11 as well. I guess it was forever made more inconvenient by TSA, but the industry did far better in the 15 years after it than the 15 years before so I'd tend to agree with you. The problem, as I mentioned before, is that most of the companies went through a chapter 11 so the shareholders who bought after 9/11 now have nothing despite the airlines they bought shares in being very successful eventually. It seems pretty likely that will happen again, to at least a couple of the U.S. big 3 (I go with AA then UA then DL in that order for chap 11) if we don't have a good vaccine that people actually take by spring of 2021. The chances of that now are much higher than when this thread started, given the burn rate of each of the airlines. So asking if air travel will come back is kind of the wrong question. We should be asking if air travel will come back fast enough to keep the airlines from all filing for chapter 11/22/33/44 or whatever iteration they're on now with their multiple reorganization bankruptcies.
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the world is different. After 9/11 there was so much excess capacity in the market. Consolidation has changed that.

but you are right, a prolonged virus will be a significant headwind for airline stocks. On the other hand, Southwest is selling middle seats again.
 
Overnight said:
From Subdivisions, yes?
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Ask the man above.
(As in the prior post above yours 'man above').... not "the man above" man above.
Here.:


Anyway.... you had to ask?!
I thought you were a Rush acolyte.

The #1 Social Network for Traders. Since 1997.
:rolleyes:
 
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vanzandt said:
... Either way... LUV is not going tango uniform... buy this thing on any and all pullbacks from here.
Today was the kind of dark day for these kind of stocks that the astute stock player savors.
;)

.
More...

$46.
Up 15% on vaccine news.
Told ya'll so. :cool:
 
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