Originally Posted by
FlyGuy2002
united traded at $10.38 2 months after 9/11. Today it’s at $48. 2000 share purchase then would have quadrupled your investment 19.5 years later . That’s after the Great Recession, bankruptcy , $5 gas and dragging someone off a plane PR fiasco... people can run for the hills now .warren buffet is right . Solid companies with solid balance sheets , are prudent investments. Especially at these prices.
Seriously, are you that clueless of aviation history. If you bought united stock in 2000 you would have lost 100 percent of your investment in 2003 bankruptcy
https://www.latimes.com/archives/la-...l11-story.html
https://www.chicagotribune.com/chi-0...n11-story.html
If southwest buys Spirit, it will be under 10 dollars a share. If you want to see where airline stocks are going check out a chart of a cruise ship stock.