DeadHead

Well if ACL is buying that's a good sign.

acl65pilot

I still think that the shares will be north of 15 in 18 months.
We are in a great position.

DAL4EVER

I think if it went from a buy to a strong buy that would be an upgrade. An upgrade is a good sign. The shares may travel south as news of the loss circulates without people reading beyond the initial numbers. Also, keep in mind, that on March 6 when we get our shares, there could be a sizeable number of pilots that sell. That will also depress the shares in the nearterm especially in context with the larger market. The good news is that if you want Delta stock, you are going to be getting some here in a few days. Hold on to it as ACL is doing and you may see a nice return in the next 12-18 months.

I personally am holding all shares I get. The stock is already depressed. The market is usually forward looking and leads the general economy by six-nine months. As a result, most are predicting that if the turnaround does begin at the end of this year to beginning of next, the market would historically be reaching its bottom. Also, you generally retest the previous lows which we have done this past week. All in all, I think we are watching capitulation taking place. There is no good news anywhere, and everyone, including Warren Buffett sees no end in sight. That is generally when the bottoms take place.

acl65pilot

Great advice DAL4 and that is why I am buying a lot in a bunch of companies.
I am also buying Citi. I am not holding that, but it is fun to trade for a few days
Now is the time for great wealth. The risk is great but so are the rewards. I like many people see value beyond the share price in many stocks. That is generally where you will see a bottom.

DeadHead

Article was a little confusing because it said it's was downgrading the stock from buy to strong buy. Didn't make much sense, but either way it should be a good buy.

Kind of wish Athena gave us all our shares a month or two ago when stock price was around $12.00/share, looks like they decided to wait for the stock price to hit it's 52-week low.

Honestly, I wish they just gave us our equity stake as early as possible right after the merger was official. If one sold off stock at $12 and re-bought at $4 that person could of made a pretty little coin.

DelDah Capt

Words to live by.....

acl65pilot

I totally agree, but this is not an investment as he infers. It is a way to make some money.
I will never hold airline stocks in my long term portfolio.

As for the shares being given to us now. I like it, todays close price is what gets credited toward our 401K's That means that you get all of your contributions this year and your stock. None of it will have to be paid out in your paycheck. Maybe some senior CA's but most will keep all of it protected.

johnso29

Perhaps you can throw some of that cabbage my way. Let me know if you're interested in contributing to my furlough fund.

acl65pilot

save the drama for your momma!

johnso29

Never hurts to ask.