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Day trading corporate pilots

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Yep, it's day trader's like me that are keeping this economy from recovering:rolleyes:
Yeah, and here I thought that it was crappy policy from Bush and Obama, if I had known we were to blame I would just stop trying to make money.

Stocks I have bought in the last week.

CIT 2000 shares at 2.50

C 5000 shares at 1.55

AMR 4000 shares at 2.43
 
What happens in May AA? So far the stock has made be about 450 bucks.
 
There's a pretty unhappy pilot group talking about taking action.
 
Oh yeah the planned "chaos" scary!

I plan to only hold the stock for a few weeks anyways.

Ok. That's better. ;)

Seriously, I think AMR will go up but it's either a short term bump or a very long hold with some very rocky terrain in the middle.

I still believe AMR will use Ch.11 in the event of a labor "event". Too much to gain. Too little to lose.

Good luck, SIU!

TC
 
Thanks TC, I had been considering them for a long term investment, however I also see Ch. 11 as a possibility.
 
Not corporate here, now airline but used to do corp/charter.

Technology has probably change,but in the late 1980's, some older inflight phone models could monitor other phone calls in the clear on whatever phone channel.

I don't remember how, but I remembering listening in on a 30 minute "big company" company strategy phone call inflight from another airplane while at cruise.

I was too young and stupid to trade stocks at the time, so my name wasn't "Bud Fox" and didn't end up with a Daryl Hannah girlfriend.

Current wife I met around that time was a keeper though:D

Thought about calling said CEO and VP and telling them what retards they were regarding corporate security, but then again, they owned GIII's and F50's, what do I know :laugh:
 
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Not corporate here, now airline but used to do corp/charter.

Technology has probably change,but in the late 1980's, some older inflight phone models could monitor other phone calls in the clear on whatever phone channel.

I don't remember how, but I remembering listening in on a 30 minute "big company" company strategy phone call inflight from another airplane while at cruise.

I was too young and stupid to trade stocks at the time, so my name wasn't "Bud Fox" and didn't end up with a Daryl Hannah girlfriend.

Current wife I met around that time was a keeper though:D

Thought about calling said CEO and VP and telling them what retards they were regarding corporate security, but then again, they owned GIII's and F50's, what do I know :laugh:

Were you on that Micheal Jackson flight too??
 
I used to fly with a self proclaimed "day trader." On a trip He would sit all day trading I wouldn't see him until the closing bell rang. I would ask him and he would try to explain puts and calls. I finally understood the concept but I tried a few covered calls and ended up like everyone else--losing a bit of cash, hopefully not as much as most.

All I know is he is in his mid 60s and still flying 135 (a good gig though). I gathered he didn't make a ton of money--why else would he still be flying?
 
Most options expire worthless, so it only pays off in a few instances. Its a great way to put a little bit of money to work for a lot of gain. It's like margin, but there is no forced selling and you only lose what you paid for the option.


I'm a pilot, so I'm so poor my broker won't even approve me to trade puts and calls.
 
i've been trading quite a bit this year and done pretty well so far. i only trade stocks and i don't short. keeps it simple for a simple mind like mine. NBR has been a good one for me.

if you ask me, the money is made when u buy the stock not when u sell it. you need to buy at a good price or you'll be screwed.
 

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