UAL up almost 70% !!!

[satpak77]

http://finance.yahoo.com/q?s=uaua

Up 70% in one day ! Will we see it slump over and die in a few months or is this the "rebirth" ?

COMMENTS.....?

 

[contrail67]

The flame baits do not know how to react....something positive for the shareholders...if only you would have bought it last week at $3!

 

[The Prussian]

Many airline stocks were in the low single digits in valuation, meaning they were being relegated into the bankrupcy/liquidation arena. This definitely gives UAL some breathing room to weather another year or two, extending them into market conditions and fuel prices that may or may not improve with time. Thus, their imminent death is not so imminent, and analyst upgrades from sell to hold reflected exactly that.

 

[contrail67]

Just wondering when everyone will stop trying to predict the fall of United...you would think after 8 years or so they would quit. You would think they would give up "predicting"

 

[Herkdrv]

Just wondering when everyone will stop trying to predict the fall of United...you would think after 8 years or so they would quit. You would think they would give up "predicting"

As soon as they quit predicting the demise of LUV when the hedges run out :laugh: