US Airways stock - something up?

[satpak77]

US Airways stock is at new 3-month lows, trading 5-times normal volume today

this is the first time in a while that "abnormal" trading has occured

wonder if something is up?

http://finance.yahoo.com/q/bc?s=UAIRQ.OB&t=5d

 

[PaulThomas]

a big fish unloading shares

 

[JB74]

Pink sheets always trade a little wacky (limited market makers, delayed fills). With a stock that cheap, the volume isn't really that accurate of an indicator anymore.

 

[WizardPilot]

It looks like just a guys is unloading what he's got. But today oil hit $55 a barrel and thats no good for airlines... be careful!

 

[C601]

Well there goes my US Airways Platinum Card i just got....

 

[typhoonpilot]

The sell-off is due to the fact the the USAirways pilots just received their vested shares that were actually due on January 1st. Almost any pilot who gets them is selling because they aren't going to be worth anything if/when UAIR emerges from bankruptcy. I believe all eligible pilots received 794 shares each.


TP

 

[urflyingme?!]

What about Air Whisky buying stock?