• NC Software is having a Black Friday Sale Event thru December 4th on Logbook Pro, APDL - Airline Pilot Logbook, Cirrus Elite Binders, and more. Use coupon code BF2020 at checkout to redeem 15% off your purchase. Click here to shop now.
  • NC Software is proud to announce the release of APDL - Airline Pilot Logbook version 10.0. Click here to view APDL on the Apple App store and install now.

Airline Stocks

flyby

Well-known member
Joined
Nov 30, 2001
Posts
132
Total Time
4000
Anyone a buyer at these levels? Holy cow there seem to be some bargains. U for 44 cents, UAL 2.50 and you could have had it for less than 2 earlier. 25% return in one day isn't bad. AMR for 8.50.

There has to be some easy doubles in the airline group.

take care, good luck.
 

bigr

Well-known member
Joined
Nov 27, 2001
Posts
142
Total Time
.
Bargains out there, double your investment?

UAL was at $35 last year at this time. Thats only a -94% change.
 

cessna_driver2

Well-known member
Joined
Mar 22, 2002
Posts
402
Total Time
?
My question is will it ever get back to 35 again? I don't honestly think so.
 

bobbysamd

Well-known member
Joined
Nov 26, 2001
Posts
5,710
Total Time
4565
Stock

There were people who bought Ma Bell stock in the '30s at similar prices and became jillionaires forty years later, long before Global Crossing and Worldcom-style accounting.

Maybe a round lot (100 shares) of UAL for $250.00 might be worth the risk - that is, if you have $250.00 burning a hole in your pocket.

Intriguing . . . . .
 

generaltso

Marcy Projects
Joined
Jan 12, 2002
Posts
653
Total Time
500hrs
Don't get sucked in. This stuff happens a lot. Look at Enron, the lower it got, the better deal people viewed it as. You look at UAL and you see that price and you think man that is a great deal. But in the end, your stock won't even be worth the paper it's printed on.
 

surfnole

Well-known member
Joined
Dec 11, 2001
Posts
215
Total Time
350
Personally, I think some of the regionals are good buys. Skywest and ACA have been taken down due to United. If United goes under, I guess that could impact their bottom line. On the other hand, Delta relies heavily on Skywest, so whoever takes over United might do the same.

Everyone on this board agrees that mainlines are trying to get around scope and push flying out to the regionals. The regionals are hiring, they are making money, and they are growing. I doubt that trend will end any time soon.

You might want to check out the message boards on finance.yahoo.com for some financial discussions.
 

Clearsky

Well-known member
Joined
Mar 25, 2002
Posts
66
Total Time
300
Don't buy U or United, any bankruptcy will likely wipe out the value of the stock. Creditors and bondholders have priority over equity holders, as an equity holder, you as an owner have accepted this risk. Even new equity holders, with new stock issuance, after the bankruptcy will be given priority since it is a new risk they are now accepting.

Some attractive prices out there with good companies included CAL and Northwest. Northwest is additionally appealing since they do not face the same type of intense price competition in the Asian markets as is encountered by purely continental US airlines. Of course there is always Southwest and JetBlue, though I think JB is fully valued.
 
Last edited:

ILS JNKY

Sea Plane Pilots Assoc
Joined
May 22, 2002
Posts
178
Total Time
687
stocks

PINK SHEETS FOR THEM ALL ONCE THEY ARE DELISTED FROM THE STOCK EXCHANGE.

DON'T EVEN LOOK AT THIS SECTOR ANY MORE..................:confused:
 
Top