United Stock Tanks
04-22-2008 | 08:37 AM
#1
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Da Man
Joined: Feb 2005
Posts: 436
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From: DC-10 F/O
United Stock Tanks
UAL opened at $20.82 this morning preceding the Q1 conference call to discuss UAUA's quarterly loss.
The selloff accelerated as UAL executives failed to provide solid guidance on containing costs and enhancing revenue. Listening to the call, I don't think any of the analysts were satisfied with any of the responses.
UAUA reached a low of $12.78 and is trading down over 30%
The selloff accelerated as UAL executives failed to provide solid guidance on containing costs and enhancing revenue. Listening to the call, I don't think any of the analysts were satisfied with any of the responses.
UAUA reached a low of $12.78 and is trading down over 30%
04-22-2008 | 08:50 AM
#3
Gets Weekends Off
Joined: Mar 2006
Posts: 138
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04-22-2008 | 08:57 AM
#4
Line Holder
Joined: Jun 2005
Posts: 95
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From: Airbus A320 F/O
04-22-2008 | 09:36 AM
#7
First Rule of Fight Club
Joined: Jan 2007
Posts: 1,536
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From: My seat smells like cat pee
When did you by the alaska stock? Lat year when it was 40 a share? And now its at 19. A lot of 401k people are hoping it will rebound enough to dump higher.
04-22-2008 | 02:58 PM
#9
Gets Weekends Off
Joined: Jun 2006
Posts: 1,347
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From: A320
How come everyone I've ever spoken with about airline stocks says to the letter that they bought AMR at $2-4 and sold at $25-28?
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