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re: Delta predicts 90% revenue decline; Berkshire Hathaway sells nearly 13 million shares
Posted on 4/4/20 at 7:37 am to GREENHEAD22
Posted on 4/4/20 at 7:37 am to GREENHEAD22
quote:
My luck, this news drops the day after I pick up DAL and LUV.
I’ve got my eye on all airline stocks... SW just passed 52 week lows. American and Southwest are only two to break that point thus far.
The question is, how low do all go? Def will go under 52 week lows, but how much further?
This post was edited on 4/4/20 at 7:42 am
1
Posted on 4/4/20 at 1:07 pm to Lsut81
quote:
American and Southwest are only two to break that point thus far. The question is, how low do all go? Def will go under 52 week lows, but how much further?
There's a really good chance that American goes to $0.00. It was a dumpster fire when the economy was good, and despite using 90%+ of its profits to support the share price through buybacks.
This post was edited on 4/4/20 at 1:08 pm
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