Delta stock set to crash... maybe

[nwaf16dude]

http://seekingalpha.com/article/622701-bail-out-of-delta-before-the-stock-crashes

So this guy might be crying wolf a little. But what is the Delta pilot group giving up that is harder to get from the pilot group in bankruptcy, and what are they getting that is easy to take away? Playing with pension obligations is the beginning of the end for a lot of companies.

I would agree that delta's numbers aren't anything to brag about, however, the author of that article is short DAL. He wrote two articles in less than a week about why DAL stock was going to crash. Basically, he's about to lose a ton of money on his short position, so he's slamming delta in the press trying to save his own ass.

 

[Inconceivable]

I would agree that delta's numbers aren't anything to brag about, however, the author of that article is short DAL. He wrote two articles in less than a week about why DAL stock was going to crash. Basically, he's about to lose a ton of money on his short position, so he's slamming delta in the press trying to save his own ass.

+1 - and the fact it took this long for someone to notice that is why you shouldn't take financial advice from FlightInfo

Protip: For all Seeking Alpha articles - which are really just blog posts - scroll to the bottom and read the position disclosure FIRST then evaluate the piece in that context.

 

[Scoot 11]

Wow. Doesn't paint a very good future for DL stock.

Cue the Genital/OYS and Scoot in 3...2...1.

I'm sure they will set this straight.

When you and pft waveflyer are done hiney slapping each other over Delta's demise, you might want to consider that the author is trying to short the stock so he can make money on it. But don't let that stop you and wave from high fiving each other with your little love fest!

 

[waveflyer]

Scoot, all I said was you should be sure to see loopholes...
How is that celebrating delta's demise?
I dont think that and actually have a high opinion of a career there- and what your union USED to be before you started outsourcing so crazily.

-900's are mainline aircraft that will be deployed on mainline routes. They ought to be flown by mainline pilots. The argument against that is amazing.

 

[Secret Squirrel]

It's only money that belongs to the former northwest pilots right? No original delta pilot will lose anything so nothing to worry about.

 

[777forever]

+1 - and the fact it took this long for someone to notice that is why you shouldn't take financial advice from FlightInfo

Protip: For all Seeking Alpha articles - which are really just blog posts - scroll to the bottom and read the position disclosure FIRST then evaluate the piece in that context.

I was about to post the exact same thing until I read this. Well said sir!

 

[Secret Squirrel]

Delta stock is majority owned by institutional investors. Pump and dump schemes don't work with these types of stocks. He is making a play based on past experience with this type of accounting practice.

 

[redflyer65]

Pension liability and actual debt are different things.

WHAT?

Man that's some heavy spin right there!

 

[airgator]

Here's a financial nugget for you: Motley fool and seeking alpha are for suckers

 

[Scoot 11]

WHAT?

Man that's some heavy spin right there!

Shouldn't you be more concerned about your own house right now? Issues with outsourcing labor don't seem to be confined to just DL now, eh?

 

[Furloughed80]

here's a financial nugget for you: Motley fool and seeking alpha are for suckers

....................

+1

 

[poppi]

Reuters reported today Fitch upgraded Delta to B+ today

 

[777forever]

Reuters reported today Fitch upgraded Delta to B+ today

Yup, even in the comments section people told that blogger that he's an idiot

Skywest, Delta and United stock are all potential double baggers

Sent from my HTC One X using Tapatalk 2

 

[redflyer65]

Always love the double bagger. Oh, wait your talking stocks right?

 

[dalad]

Always love the double bagger. Oh, wait your talking stocks right?

Hey, be nice talking about our cat ranchers!