AAL, DAL, UAL, BA, JETS - Plunge Monday?

Discussion in 'Stocks' started by kmiklas, Jun 30, 2021.

  1. easymon1

    easymon1

    Jim's his Uncle.
    Jim just bought new crib with Bitcoin, right before the correction.
    Ovenight doesn't like to trade on the name, but the yearly bottle of Spirits at Thanksgiving and Big Jim's holiday shindigs gotta be good fun.
    Hope Ovenite vites me to the one this year.
     
    #11     Jul 1, 2021
  2. VicBee

    VicBee

  3. vanzandt

    vanzandt

    The same reason the whole $DJT is down going into Q2.

    Just because you don't here boo about it, that doesn't mean that the folks that are managing billions and billions of dollars don't see and know what they are sure to hear in this Q's upcoming conference calls.

    Aside from labor, what's the #1 operating cost of an airline?
    Hmmmmmm... (?)

    Of course they're dumping the airlines.
    A picture says 1000 words Keith.
    Here.


    upload_2021-7-1_9-54-15.jpeg

    155% increase.
    Looking back or looking forward... all the fuel hedging in the world won't fix that.
    Fuel costs are killing them.

    There's your answer.


    "But they didn't tell us that on CNBC"!
    :rolleyes:...ET
     
    #13     Jul 1, 2021
  4. kmiklas

    kmiklas

    Thank you
     
    #14     Jul 1, 2021
    vanzandt likes this.
  5. My wife, daughter are flying to Europe and when I found out how much they are paying for tickets I nearly soiled myself.
     
    #15     Jul 1, 2021
    kmiklas likes this.
  6. kmiklas

    kmiklas

    Right? Car rentals and fuel are way way up.
     
    #16     Jul 1, 2021
    TimtheEnchanter likes this.
  7. We were trying to rent a van to drive to the airport - $300 per day...
     
    #17     Jul 1, 2021
  8. yc47ib

    yc47ib

    looking at the chart, I got a DAL call spread 3 months out betting on a Trading Range rebound to to top of the range, at least to the middle of the range. News, ignored.
     
    #18     Jul 3, 2021
    kmiklas likes this.