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DAL - Sell or Hold through the weekend

Posted on 6/5/20 at 8:16 am
Posted by Ruxins Rascals
Middle of Da Bayou
Member since Nov 2018
537 posts
Posted on 6/5/20 at 8:16 am
Currently holding a substantial chunk of DAL and wondering if it can continue on this outlandish climb it has been on for the last 2 day. What say the MB?
Posted by TigerDeBaiter
Member since Dec 2010
10257 posts
Posted on 6/5/20 at 8:23 am to
I’m in a similar position with LUV. Up about 75%, I’m taking some off today and letting some ride.

Man, Warren Buffet looks like and absolute fool today. I blame His buddy Bill Gates.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14439 posts
Posted on 6/5/20 at 8:24 am to
I would hold still think Airline stocks still have more room to climb. If you own many shares and DAL gets a big pop sell a little for profit.I'm holding my ALK stock.
This post was edited on 6/5/20 at 8:26 am
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 6/5/20 at 8:25 am to
I definitely don't think it is going to keep going up like it is. Probably starts trading flat in the $30-40 range for the foreseeable future. It was just way beat up (hindsight is 20/20)

ETA: I think DAL is a good long-term hold and am holding. Definitely not planning on selling any of it.
This post was edited on 6/5/20 at 8:29 am
Posted by LSUmajek
Kemah
Member since Dec 2013
546 posts
Posted on 6/5/20 at 8:26 am to
I'm in at $22, holding.
Posted by stewie
Member since Jan 2006
3948 posts
Posted on 6/5/20 at 8:29 am to
In on DAL at 20.6 and LUV at 31.8. Gonna hold both until early/mid 2021.

IMHO, It may flatten out but still a lot upside.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/5/20 at 8:31 am to
quote:

I'm in at $22, holding.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 6/5/20 at 8:36 am to
I got in on DAL at $23.11. I am going to hold for a while.
Posted by Auburn1968
NYC
Member since Mar 2019
19392 posts
Posted on 6/5/20 at 10:50 am to
Got in for a couple of grand last month. I'll hold for a year or more.
Posted by Huge Richard
Member since Dec 2018
3742 posts
Posted on 6/5/20 at 12:09 pm to
I personally don’t like holding airlines as long term investments. If I buy, I like to trade. Better to sell too early than too late is the motto right? But trading right now is more of a gut thing for me. Of course airlines have gone on an insane run the last couple of weeks, tripling in some cases. Nothing goes up forever and a bubble has formed with airline prices.
Posted by VADawg
Wherever
Member since Nov 2011
44727 posts
Posted on 6/5/20 at 12:17 pm to
Coronavirus provided the buying opportunity of a lifetime with DAL. Got in at $23.98/share
Posted by Salamander_Wilson
Member since Jul 2015
7668 posts
Posted on 6/5/20 at 12:23 pm to
DAL is a long term play for me.

Plan on holding for years. Expect dividends again at some point. Until then I’ll take my gains.
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