Thread: Airlines

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  1. #1
    Official Lip Ripper' haftafish22's Avatar
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    Airlines

    Okay fellas, I have been adding BA and UAL when I can. Who else is stockpiling airlines? Too early? Looking at 1-2year hold in IRA, hard to believe it goes much lower.

    BA expecting 737 max release nlt October. Hopefully this month. Wouldn’t shock me too see something happen and BA dumps hard one more time before it goes. Either way, seems like a good place to pick up airline stocks.

    if you watch, daily passenger amounts are slowly getting back up and we are at about 40% of same date last year. A good website to watch if your interested.
    https://www.tsa.gov/coronavirus/passenger-throughput

  2. Member
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    #2
    Even if BA dumps down again for whatever reason, it's not going to stay down. I think you're in a pretty good spot.

  3. ourflat
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    #3
    Buy low....sell high! Those airlines that were in a position to hedge fuel bonds when prices were rock bottom will yield the most returns. I didn’t follow them this time since they will be an extremely long-term investment!

    Frank

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    #4
    I bought BA a few months back when it was way down. I'm gonna ride it out for a while.
    2001 ChampioN 206 Yamaha 225

  5. Member
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    #5
    Since they announced the problem with the 787 today, I'm sure BA will go up about $10 tomorrow lol....
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  6. Official Lip Ripper' haftafish22's Avatar
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    #6
    Feels like we are falling back into scam markets good news it goes down. Bad news it goes up. I just blames algos. I swear algos are what run the market and they will take them where they want them

  7. Member gkropat's Avatar
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    #7
    I bought some DL when it was near bottom. Going to be a slow gain.
    ...Greg


  8. Member
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    #8
    Good luck guys. Passenger mix change w business vs pleasure will keep me on the sidelines w this group.

  9. Member
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    #9
    FYI..... ETF with 17% Boeing (BA) & 17% Raytheon (RTX) per ETF.com is ITA, aerospace & defense segment.

  10. Official Lip Ripper' haftafish22's Avatar
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    #10
    Well i btd last week. Anyone else?