http://www.cnbc.com/id/32287717
TradeKing analyst Brian Overby thinks the entire airline sector is suspect but he's particularly bearish on Continental [CAL 12.25 0.37 (+3.11%) ]. All the airlines are at the mercy of consumer spending which is tentative but "Continental still has a ton of debt," he says.
What's the bottom line?
I expect a pullback when investors realize the debt is coming due, says Overby.
TradeKing analyst Brian Overby thinks the entire airline sector is suspect but he's particularly bearish on Continental [CAL 12.25 0.37 (+3.11%) ]. All the airlines are at the mercy of consumer spending which is tentative but "Continental still has a ton of debt," he says.
What's the bottom line?
I expect a pullback when investors realize the debt is coming due, says Overby.