Uhhh........WHAT? Long term as in hopefully your great grandkids will possible benefit.

 

There is a biiiiggg difference between AMR at $2 and XJT at .80.... Put $500 on XJT if you can afford to lose it all. Quotes for AAI, ALK, AMR, ... - Yahoo! Finance
As of 11am, everyone is up 5-10% except XJT which is down 10%...
Airlines arent good long term investments. If you bought AMR 4 yrs ago then you would have lost $1.30/share compared to todays price.

 

i think skywest at $13 and Delta under $6 is a steal. buy it, theyre not going bk

 

ANY airline stock is a crapshoot. My financial guy has had standing orders (for years) to not buy airline stocks.

There is nothing about their past performance that would make one believe thay are a good long-term investment, and there is certainly no reason to be optimistic looking forward.

The industry is just too fragile, and subject to too many outside forces. It is not reliably predictable, and it can change dramatically overnight...or in an hour as happened seven years ago.

If you want to use it is a short-term speculative vehicle, sure why not...any equity wich goes up and down can be used for that. Pretty much like betting on the NBA playoffs. Plus since you have some industry knowledge and connections, you MIGHT be able to see something coming before the rest of the speculators.

But if you must dabble in airline equities, PLEASE do not bet the farm on your own company...
1) You are emotionally biased...ie you will probably make stupidly optimistic decisions.
2) When your company takes a big hit, you will be downgraded/furloughed AND lose your savings.

Again speculate if you can afford to, but no long-term nest-egg investments.

 

while i wont go as far as to say they are not going to go bk (although i don't think they will, oops ended up saying it anyway) you are right that this is a steal. i don't think their stock will go to much lower. now may be the time to buy some up, let it peak out and the sell.

you are right. the industry is fragile. and the airline stocks are never good for long term investments. but i would use it right now because i think pinnacle along with skywest have bottomed out. it would be a good time to buy some, look for the peak, and then sell it all and take the profits.

 

I have been playing with DAL, last buy was just above $5, I normally sell between 10%-20% gain. I then wait for the stock to decline from my sell point by at least 10% and then depending on oil I buy back in. As with anything there is a risk but so far it is paying out...... I would not consider any airline stock for a long term objective, heck I hardly view any stock right now as long term!

 

rick,

skw pilots still get something like a 25% discount on skyw stock correct? if thats currently the case you guys should be seriously buying it up, as much as possible

 

You can contribute up to 15% of your pay. At the end of the half, they look at the closing price on the first day and the last day and we get a 15% discount off the lower of the two.

 

I agree no airline is a long term investment, But if you get lucky you can make some quick cash. You just have to get up early in the morning and watch the Foreign markets. Most of the time you can get a good feel for ours unless there is a jobs report or a fed meeting that day.

 

It's not that good of a deal (see above) but the even if it were, what happens to SKW stock if UAL enters BK? More than a 25% drop I'd wager...along with your downgrade or furlough.

Maybe short-term, but in this environment I consider that to mean weeks.