Careful with those. If its a bad day and the sell order is triggered, who knows what the market price will be when your trade is executed. Stocks typically go down a lot faster than they go up.

As well informed as you are, you would better be able to handle that trade manually and get out prior to the dip. I bet market orders have cost me $50,000 over the years.

Young man, there's no need to feel down.
I said, young man, pick yourself off the ground.
I said, young man, 'cause you're in a new town
There's no need to be unhappy. :D

What makes him think we have earnings to support $18/share?

Why would one ever use a market order to begin with?

Naivete', stupidity, hangover, boundless exuberance...no good reasons.

I thought about using a trailing stop on a stock that I have that has had a nice runup, but when I found out that THAT becomes a market order, I declined that too. All it would take is one blip and you're out at what could be substantially less than you intended. Naaaaaaah Cramer is absolutely right on this.. limit orders ONLY.

I know that, and because of that it is higher than when I bought in. I only have it in when I am not near a computer, which basically is when I am flying.

I hate em too, and that is why I use them very sparingly. Nine times out of ten, I prefer to ride the dip.

You may have summed up my entire life in one phrase :) Tip of the hat to you, Sir!

Our EPS last year put the stock in the 30 dollar range. Wall Street is finally starting to realize that airlines have found a way to make money no matter what fuel is. As soon as they realize they will make money with labor costs rising the stock will take off.

Our current price as well as the entire sectors, is basically indicative of a no confidence vote. When the companies prove that they actually can turn a profit quarter over quarter, the stock will react in kind.

What, investment advice now? I still have my DAL options too, but had I sold them and bought AAPL or AMZN with the proceeds, it would be worth far more... It actually might not even be too late for that, because the Jan 12 $450 calls on AAPL are at $9.20 which tells me that the big money bets are thinking AAPL has lots of room to run still... The put/call spread on AMZN is amazing, and the stock has done little lately either way... there's money to make there too...

I love this stuff. I wish we had an investment club here...

Do your own due diligence, this is not a recommendation to purchase or sell any security or option you may or may not own...