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Airline stocks
Posted on 3/27/20 at 6:44 pm
Posted on 3/27/20 at 6:44 pm
Should we be waiting until after q1 earnings to buy or should we be jumping in on a down day? They did sky rocket this week but the earnings will be BRUTAL next month and q2 earnings will be worse. Plus I think people are going to be wary about getting on a plane for a couple of months after the virus is under control.
Delta is 4/8 - 4/13
Southwest is 4/23
Your thoughts?
Delta is 4/8 - 4/13
Southwest is 4/23
Your thoughts?
2
Posted on 3/27/20 at 6:51 pm to Lsutiger2424
I am going to monitor the earnings report. I got in on DAL at $24.19 and sold at $35.41. If it slips into the $25 range again I'll be back.
Posted on 3/27/20 at 6:56 pm to BRPelican45
I may do the same. I’m wondering if the market will react to the actual earnings results or the guidance and future potential.
Posted on 3/27/20 at 7:35 pm to Lsutiger2424
Earnings are irrelevant. Nobody is flying.
Posted on 3/27/20 at 7:43 pm to Huge Richard
Just checked on a JetBlue fare from MSY to Boston. $34 round trip, yes $34 bucks to fly to Boston and back next week. That says it all.
Posted on 3/27/20 at 8:01 pm to Lsutiger2424
The earnings are already priced in. Everybody knows they’re gonna take a huge hit
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