Originally Posted by
RemoveB4flght
Most airlines stocks today got a push from the talk of bans on Chinese carriers.
I also bought in sub $9 and cashed out today at $17
It’s not that I think our stock won’t continue to rise, but I have a hunch it will sink a bit before it does. I’ll probably buy back in at some point with my original ante.
Either way, when you see a 100% gain it’s never a bad thing to sell. Few grand to offset my VIL last month.
This, kiddos, is why pilots don’t make good traders. Too emotional. Too many “I have a hunch” thoughts creating some sort of panic. The easy route has been to simply buy a beaten down stock and hold for more than a couple of weeks.
This is as she buts up against 20 (which is still a fantastic price). The economy is opening back up and people will travel. We should see the 30s later this year. Or you can try to guess the price based on a hunch and miss out on massive gains. I prefer to make triple digits versus single digits. Glta...