UAL getting HAMMERED...

Reply Subscribe

Page 3 of 4

Thread Tools

Search this Thread

09-08-2008 | 01:08 PM

#21

Albief15

Gets Weekends Off

Joined: May 2006

Posts: 2,889

Likes: 1

Gotta be a million lawsuits on this one....

09-08-2008 | 02:46 PM

#22

tsquare

No longer cares

Joined: Mar 2008

Posts: 12,109

Likes: 0

From: 767er Captain

I'm wonderin if somebody's going to JAIL..

09-08-2008 | 03:57 PM

#23

jsled

Gets Weekends Off

Joined: Apr 2006

Posts: 2,750

Likes: 0

From: 737 CA

Quote:

Originally Posted by freefall

CH 11. its official.

Yes, and DEWEY WINS!!! Put away the champagne, we ain't dead yet.

Last edited by jsled; 09-08-2008 at 10:27 PM.

09-08-2008 | 04:26 PM

#24

dojetdriver

Gets Weekends Off

Joined: Feb 2006

Posts: 3,732

Likes: 0

From: DD->DH->RU/XE soon to be EV

Quote:

Originally Posted by PIPErdrvr

I heard on cnn that a journalist reposted an article about the bankruptcy from years ago and a lot of folks took it as current. thats what led to the whole selling frenzy.

So basically, ALL we gotta do is get in good with journalist, have him change the date on an article about an airline that's been in CH. 11, and voila! We'll all be rich!!!!!!

Who says you can't make money in aviation.

09-08-2008 | 04:27 PM

#25

steve0617

On Reserve

Joined: Jul 2008

Posts: 156

Likes: 0

I don't know where the media got the $.01 thing. It NEVER actually traded there. Perhaps a quote flashed there and that's what is showing on some feeds, but looking at the chart of UAUA itself, the absolute lowest that actually ticked/traded was exactly $3.00 at exactly 10:00 central time.

Still, it opened at 8:30am at $12.17!

09-08-2008 | 05:03 PM

#26

Short Bus Drive

Gets Weekends Off

Joined: Nov 2005

Posts: 1,887

Likes: 0

From: Guppy Capt.

Quote:

Originally Posted by steve0617

I signed on to Skynet this morning after I heard, and it did have it at $0.01 on the homepage.

09-08-2008 | 05:23 PM

#27

steve0617

On Reserve

Joined: Jul 2008

Posts: 156

Likes: 0

Quote:

Originally Posted by Short Bus Drive

I signed on to Skynet this morning after I heard, and it did have it at $0.01 on the homepage.

After I posted my confusion, a new story came out that a trade did occur on the CBOE for $.01 but that trade was busted. The $3.00 was the low of the 'traditionally' traded UAUA stock

A single trade for one penny on the CBOE Stock Exchange was later reversed. Nasdaq said the trades made during the 13 minutes when the shares were falling in earnest would stand, and that the decision could not be appealed.

from United blames bankruptcy rumor on old story - Aviation - MSNBC.com