Well the stock is sitting at a whopping $3.85 a share. I have played in and out of PNCL for the last 2 years and have done rather well. I will say that currently I am NOT in the stock (not even a short call) and am debating on how to approach it currently with some extra cash from my wedding (although my new Wife just wants FURNITURE). This would be a total speculative....

Positives... Contract appears to be on the horizon and our performance numbers ON THE NWA SIDE (with is 75%+ of revenue) is very good on a percentage basis. We are also "staffed" for once.

Negatives... Obvious Delta issue (-900's) and Colgan losing money (no offense to the pilots- just blaming mgmt for that one).

If the DL stuff gets worked out and/or Colgan gets turned around the stock would get an immediate boost albeit that would be on a "long call" and not a short term speculation. If we get a contract there will most likely be an immediate speculative "pop" to the stock.

Beyond these 3 variables the stock could just hemmorage slightly up or down or could go back to a moving average that is a good bit higher than the current price. Worst case the bad news continues and the slide continues...


NOT asking for money advice here- I have my own sources from that and they are not airline pilots, just looking for what others think about the situation. Glass half empty? or half full?

Wild card is the DL/NWA merger of course. Discuss discuss..