Be ready for it, the Sky won't fall
 

Delta Air Lines Inc. (New) (NYSE:DAL), United Continental Holdings, Inc. (NYSE:UAL) - UBS Projects 5% PRASM Decline In Q2 | Benzinga

Delta will preannounce Q2 tomorrow, it will disappoint. I will break it down after it's public. Not to worry the fundamentals are good. The timing is intentional. Quarterly statements are often updated later. Watch for expenses outside of the quarter and PRASM hit that is already known.

I'm waiting for the dip to 35 to continue loading up.

This is not investment advice. Dyodd. Ymmv.

Maybe this is why DALPA just reminded us that we can change our vote up until the end of voting. They announce disappointing earnings and we all trip over ourselves to change our vote to yes.

Or is this in response to the DOJ investigation regarding Capacity collusion between the Airlines?

I wouldn't wait. American's Q2 will be eye watering with no hedge. Whatever they make, we will exceed Q2 2016 with no hedge.

Easy 40% to 50% this year.

Investment advice from a pilot. Lol.

Remember they are writing off the balance of the billions they lost on hedging in Q2. Clear sailing going forward.

The pre-announcement timing certainly feels suspicious.

But... If fear-mongering isn't cool, how is artificial-confidence mongering OK?

No fear, because I really don't think Delta is going to stop making profits.

You're right.

Guys, artificial confidence mongering isn't cool either.

We have to come up with something else.

FTB, you got any of those cheap oatmeal cookies that are good for dipping in coffee?

The whole SPY is down and that will retard every stock. Those stocks aren't showing any relative strength against the greater mkt. Might be a good idea to wait until they can at least hold above the 50 day moving avg, before loading up. The yield on the 10 yr Treasury bond is 2.4%, that's acting as a drag on the greater mkt. Stocks rarely just go up on their own, unless it's a windfall.

No. I'm in freak out mode. We have to conserve food. Profits going away. Because PEB.