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Old 08-25-2011 | 10:17 AM
  #74270  
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Bucking Bar
Can't abide NAI
 
Joined: Jun 2007
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From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
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Originally Posted by Elvis90
What's the deal with the 5% stock drop for DAL today? I assume investors are reacting to the Boeing deal...I think it's a reasonable, conservative business decision. Most airline stocks are around 1% down today.
It is the old "pump & dump" trade. Buy on the rumor, sell on the news.