I just shorted some UAL

[pilotgolfer]

...edit.. The chart didn't quite come out like I expected!



The puts are much safer if you don't want to lose your shirt. But then again...financial advice from a pilot is worse than marital advice from a pilot.

 

[jonjuan]

Just shorted some UAL stock, at 19.52. Oil prices, etc causing majors to tank (stock prices).

Lets see what happens.

Comments wanted

Up to 21.38 (4% today). LOL........

 

[pilotgolfer]

2 bucks in the red now.

 

[jonjuan]

Now up 6%. LLOLOL.....

 

[ACL65PILOT]

Oil will fall as tensions wain.

Also when the fed increases interest rates (and the must) speculating in the oil market gets really expensive,and will further drive the price of oil down and airline stocks up.

Furthermore, fare increases are sticking, business demand is back, and there is, to- date little negative effect of this burble in the crude market. Of course that can change depending on world affairs. The reality is that after the summer months I would expect oil to settle below 85 per bbl.

In contrast I bought about 10K shares of an unnamed stock after the hits of the last few weeks.

 

[sshrae]

"Don't like airlines, lousy unions."
Godon Gecko

 

[satpak77]

I HATE IT when this happens

 

[FlyForFood_NOT]

Wait till the news comes out on the 1quarter earnings and forecasts for the rest of 2011 (they should post it around the end of 3rd week of April i think).. you will definitelly see a big difference in your portfolio then. Good luck though

 

[satpak77]

Wait till the news comes out on the 1quarter earnings and forecasts for the rest of 2011 (they should post it around the end of 3rd week of April i think).. you will definitelly see a big difference in your portfolio then. Good luck though

AMR and DAL are set for 04/20. That should give us an idea how things will turn out.

 

[Stifler's Mom]

Look up "Long Strangle" and use options on a stock if you think it is going to jump, but not sure which way. I just read about it the other day and am currently paper-trading the strategy through earnings reports right now with as many companies as I can research.

Make sure you have a volatile stock though, and use earnings as the catalyst to give it a good kick.


BBBY (Bed Bath & Beyond) 150% profits in 1 day.
AA (Alcoa) 87% profits in 1 day.


Good luck Satpak77, I see UAL down $.33 today.:beer:

 

[ACL65PILOT]

Airlines are never a long term hold, we should all know that.

 

[ACL65PILOT]

I also have a decent idea what the earnings forecasts are going to be. It does not take a rocket scientist to see that. Over a year ago the IATA was already predicting a flat year.

 

[satpak77]

lets monitor it. Within the context of the overall market picture which is flat and inclined to turn bearish and the high oil prices, I am still short.

 

[flint4xx]

You shoulda spent that money on I-mann's retirement party...

 

[satpak77]

You shoulda spent that money on I-mann's retirement party...

:laugh:

!!!!!!

let me pick myself off the floor and climb back into my chair