Delta Air Lines (DAL) NewsBite - DAL Downgraded By JP Morgan
Posted: Thursday, February 04, 2010 10:02 AM EDT

Delta Air Lines (DAL) was downgraded today by analysts at JP Morgan and the stock is now at $11.49, down $0.93 (-7.49%) on volume of 3,199,489 shares traded. The analysts cut DAL to Neutral from Overweight, adding in a note to investors that although the sector appears bullish in the long-term, the major carriers have "run their course for now, in our view." Over the last 52 weeks the stock has ranged from a low of $3.51 to a high of $13.73. Delta Air Lines stock has been showing support around $11.96 and resistance in the $13.14 range. Technical indicators for the stock are bullish and S&P gives DAL a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on DAL the stock seems like it could be a candidate for a June out-of-the-money bear-call credit spread above the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]

No. They are more of a headache than anything else. They always get accidentally pushed on and cause big problems.

Something must be up? Is the sky falling? Why is ACL not logged in? Is he selling his stock because he knows something is up? Where is the code breaker for ACL logo? What does it all mean?:eek: Were the Mayan's right about the world?

NEKKEI.com is stating the JAl Chief is hesitant to dump AMR for Delta, looks like we are being played by the Japanese.

Might the problem be that you guys are using dave clark headsets? I've used their products before, and have found that nearly every headset on the market is more comfortable (bose, telex, plantronics, clarity aloft).

Have you guys thought about the plantronics in-ear headsets? I bought one, and it has changed my life. I can hear the other pilot just as well, the radio better, no headset hair, and no "clamping" of the skull.

Just a friendly suggestion. To each their own. I think the UAL airplanes have them installed, each pilot brings his own earpiece.

Typical games that they play. They'll probably be out of bankruptcy before they decide. :rolleyes:


Although, hasn't it always been reported that JAL management was hesitant to leave OneWorld but the govt & ETIC want them to go to Skyteam?

I believe he's flying a trip

Look at the broader market.

To add these stocks have been trading at the top end or above of their range. A small correction is needed.

A recovery without jobs means squat. I think you can see by today's employment numbers recovery will be slow though out the year. If we get a jobs stimulus I will be very concerned.

ACL has chosen to stay off for a few days. See where things meander.

I do not trade DAL stock.

I still see moderate support for a price at least 50% above teh current trading average by the end of the year. There is/are a lot of things that will change my thought process, but the sky is not falling, just correcting its height. I personally was expecting this "correction" about three months ago. How the politicians handle it will determine this countries economy for the next three years.

It means you will see who has control. It may be about saving face, or it may be the fact that AMR has come up with something that is too good to pass up. Time will tell.

The world will not end if we do not get JAL. It just makes the risk level for that part of our operation increase. If we are not successful, I pray that we do not see Open Skies ratified unless there are some changes in the slot access to Haneda.