Stock of the Day

Out of context: Reply #472

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    -5

    So the world is heading into the 4th and probably 5th wave and:

    "GLOBAL AIRLINES ESTIMATE $201B IN LOSSES OVER 2020-22 COVID YRS"

    A month ago somebody here said it was time to buy hahahahaaa

    • United is up 40% YoY, Delta 36%. Both below their 5 year average. Things might go down further but they are very very likely to keep going up long term.zarkonite
    • Cash on hand is very good, and they've shown their ability to trim cost aggressively during the pandemic. Do you know something the market doesn't?zarkonite
    • It’s hard to imagine a lower point. People can’t wait to travel again. I know from experience. Good time to buy.monospaced
    • Airline stock on sale. Sector made me 30-40% the last year.monospaced
    • sure the stock will raise right until the moment when they go into bankruptcy
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    • oh if you think they're going to go bankrupt that's a whole other playbook. I'm thinking worse case is some mergers and acquisitions.zarkonite
    • So you’re predicting that major airlines will post profits right up until they go bankrupt? Which ones and when?monospaced
    • Me? no, I think they're all going to be mad profitable until the next recession, I was just saying IF that's wrong then I don't see grafician's total collapsezarkonite
    • isn't going to happen IMHO.zarkonite
    • is isn't ughzarkonite

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