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Started By
Message
Does Anybody Own Airline Stock?
Posted on 9/20/12 at 10:25 am
Posted on 9/20/12 at 10:25 am
Specifically AA? I know the old adage is never buy airline stock, but somebody has got to have it.
I need to know if this a good time to buy up some AA or United.
I need to know if this a good time to buy up some AA or United.
6
Posted on 9/20/12 at 10:27 am to Womski
No. It's never a good time.
Posted on 9/20/12 at 10:33 am to Womski
quote:
old adage is never buy airline stock
There is a reason that old adage exists. I can't remember which airline it was, but a ex-CEO said "airlines are great places to work, but he'd never own the stock."
Posted on 9/20/12 at 10:44 am to Womski
quote:
Does Anybody Own Airline Stock?
LSURussian LOVES Airline stocks!!!
Posted on 9/20/12 at 10:45 am to LSU0358
Who is buying this stock? If AA merges with United it will be a huge airline. People are still flying and in the long-term, fuel efficiency is only going to increase which will increase profit. I see Airlines only widening their margin in the future.
This post was edited on 9/20/12 at 10:56 am
Posted on 9/20/12 at 10:56 am to Womski
yes. i have some just for chits and giggles and the fact they said not to buy is why i wanted to buy for fun.
neaux
quote:
Specifically AA?
neaux
Posted on 9/20/12 at 10:57 am to Womski
I am not sure United is ready to merge with another airline. Aren't they neck deep in issues trying to integrate systems and work forces already? Not to mention would it pass federal review?
Posted on 9/20/12 at 11:02 am to Waffle House
Maybe it won't go through, but hopefully they will form a super-airline with somebody. The flagship carrier is worth a lot in the long run, I suppose.
Posted on 9/20/12 at 12:15 pm to Womski
if anyone buys AA it's US-Scare
Posted on 9/20/12 at 1:14 pm to Womski
quote:
If AA merges with United
Holy shite is this actually being discussed? Is united going for the record for worst airline of all time?
Posted on 9/20/12 at 8:44 pm to Womski
If you accept that you are incapable of picking individual winner sticks then it doesn't matter.
Posted on 9/20/12 at 9:29 pm to Womski
quote:
I see Airlines only widening their margin in the future.
The only airline I would consider is southwest. I think they have the best business model by far, and are constantly expanding their offerings. Still not really worth it though; there are just much better companies to invest in.
Posted on 9/20/12 at 10:47 pm to TheHiddenFlask
quote:
LSURussian LOVES Airline stocks!!!
Posted on 9/20/12 at 11:01 pm to Womski
The two years prior to Continental merging with United I made a small fortune timing the swings of Continental. Other than that, respect the adage.
Posted on 9/20/12 at 11:06 pm to TheHiddenFlask
quote:
LSURussian LOVES Blue Star!!!
Fixed.
Posted on 9/20/12 at 11:28 pm to foshizzle
I own too much LUV. Hasn't moved with the upturn in market.
Posted on 9/20/12 at 11:49 pm to LSU0358
quote:
There is a reason that old adage exists. I can't remember which airline it was, but a ex-CEO said "airlines are great places to work, but he'd never own the stock."
It was Robert Crandall at AA
Posted on 9/21/12 at 7:56 am to foshizzle
quote:I Googled but I still don't know what that means.
Blue Star
Posted on 9/21/12 at 8:07 am to LSURussian
Your response could be tongue-in-cheek, but if not, Blue Star is the airline from Wall Street that Bud's father was a union rep (maybe? been a while since I've seen that movie) for.
Posted on 9/21/12 at 8:07 am to LSURussian
quote:
I Googled but I still don't know what that means.
Blue Horseshoe loves Anacott Steel.
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