View Single Post
Old 12-22-2006 | 02:25 PM
  #4  
ryane946's Avatar
ryane946
Line Holder
 
Joined: Dec 2005
Posts: 1,062
Likes: 2
From: FO, looking left
Default

Southwest stock = FLAT!

In March 2003 I purchases LUV for about $12 a share. Sold it at $16 a share in December 2005. Made a whole $400. Yippee!!

At the same time I bought Boeing and Skywest. Made about $1500 from Skywest and $5500 from Boeing. Southwest is not a great stock. Check out this graph of their 5 year average.

http://moneycentral.msn.com/investor...&DisplayForm=1

I know everyone hates it when I mention it, but remember that Southwest is paying $36 a barrel for fuel, while all the other airlines are stuck paying $60 plus a barrel. FUEL IS AN AIRLINES LARGEST EXPENSE!!!
So be careful with that stock when 2009 rolls around!
Reply