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Old 06-05-2020, 06:37 AM
  #25  
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Joined APC: May 2009
Position: AA
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Originally Posted by rickair7777 View Post
That's probably short-term speculation based on recent sound bites, not to be mistaken for deep confidence on the part of serious long-term investors. If it mattered to you, you could look into which large institutional investors still hold what airline stock (Buffet already made the news on that).
I'm sure speculation is part of the wild daily movement, and indeed the daily trading volume is way out of whack with where it was prior the crash. Nonetheless I think it's good news that the company is back above $20 for now. Let's see if that holds up as a new floor.
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