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Does Anybody Own Airline Stock?

Posted on 9/20/12 at 10:25 am
Posted by Womski
Squire Creek
Member since Aug 2011
2762 posts
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.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75290 posts
Posted on 9/20/12 at 10:27 am to
No. It's never a good time.
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 9/20/12 at 10:33 am to
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 by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 9/20/12 at 10:44 am to
quote:

Does Anybody Own Airline Stock?


LSURussian LOVES Airline stocks!!!
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73320 posts
Posted on 9/20/12 at 10:56 am to
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.


quote:

Specifically AA?


neaux
Posted by Tigah in the ATL
Atlanta
Member since Feb 2005
27539 posts
Posted on 9/20/12 at 8:44 pm to
If you accept that you are incapable of picking individual winner sticks then it doesn't matter.

Posted by Signature
Omnipresent
Member since Sep 2005
6738 posts
Posted on 9/20/12 at 11:01 pm to
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.
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