Why the big drop in share value?
10-01-2009 | 12:52 PM
#1
Thread Starter
Gets Weekends Off
Joined: Mar 2006
Posts: 3,333
Likes: 0
Why the big drop in share value?
Any idea why the large drop in Airtran, American but most of all United shares today?
AAI down 7.52% or -$0.47 ($5.78)
AMR down 9.06% or -$0.72 ($7.23)
UAL down $21.48% or -$1.98 ($7.24)
AAI down 7.52% or -$0.47 ($5.78)
AMR down 9.06% or -$0.72 ($7.23)
UAL down $21.48% or -$1.98 ($7.24)
10-01-2009 | 01:02 PM
#3
Happy to be here
Joined: Jun 2006
Posts: 18,563
Likes: 0
From: A-320A
Also the concerns of currency stability are rearing their ugly head. We all knew this was going to happen at the first sign of a recovery.
I expect the fed to try to combat inflationary fears. I hope they do enough. There is a lot of money out there.
I expect the fed to try to combat inflationary fears. I hope they do enough. There is a lot of money out there.
10-01-2009 | 01:07 PM
#4
Gets Weekends Off
Joined: Nov 2008
Posts: 1,415
Likes: 0
From: B-777 left
By the way dal was down 9.15% or so if you missed it.
Last edited by syd111; 10-01-2009 at 01:11 PM. Reason: added a line
10-01-2009 | 01:21 PM
#7
Gets Weekends Off
Joined: Nov 2008
Posts: 1,415
Likes: 0
From: B-777 left
Both amr and uaua recently diluted their shares so not a big suprise drop for a bit. Just throwing out some numbers but i think over the last 3 months or so uaua up 120%, dal 40%, amr 79% and cal around 63%. Don't know about you guys but if I was hitting all my stocks like that I would not be flying someone elses airplane for long.
10-01-2009 | 02:53 PM
#9
Banned
Joined: Feb 2008
Posts: 501
Likes: 0
From: A320 CA
10-01-2009 | 04:14 PM
#10
Line Holder
Joined: Jan 2006
Posts: 686
Likes: 12
From: Maddog FO
There was an article in the USA Today yesterday or Tuesday (I read both yesterday) that talked about this happening:
Airlines' debt crises averted, but risk lingers - USATODAY.com
XJT seemed to be the only stock up (20% today). They seem to act opposite of the rest of the airlines..
Airlines' debt crises averted, but risk lingers - USATODAY.com
XJT seemed to be the only stock up (20% today). They seem to act opposite of the rest of the airlines..
Thread
Thread Starter
Forum
Replies
Last Post
unemployedagain
Hangar Talk
26
02-07-2009 04:37 PM
