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HercDriver130 06-24-2008 07:23 PM

Airline stocks
 
XJT stock at 81cents.... RAH stock down 60%..... where is the bottom here.??

I am almost tempted to buy 500 shares of XJT as a "flyer".... hell if it ever went back to even 2 bucks a share..... would pay for a nice weekend vacation...

WhizWheel 06-24-2008 07:38 PM

Herc,
Take it from me. Stay FAR away from airline stocks. Much better ways to fund the family vacation.

fosters 06-24-2008 08:00 PM


Originally Posted by HercDriver130 (Post 411439)
where is the bottom here.??

$0.00 in bankruptcy.

JetJock16 06-24-2008 08:21 PM

Stay away............................far away...............................

Invest overseas!

Koolaidman 06-24-2008 08:40 PM

All of the same people probably said the same thing in 2002 when AMR was at $2.00. I personally don't think we are at the bottom, but if you want a really long term investment, I would shop some airline stocks.

HercDriver130 06-25-2008 01:15 AM

oh I was just throwing it out there.... the only airline stock I ever owned... and will have every directly owned was TWA back in the day.....never again.

NWA320pilot 06-25-2008 04:28 AM

There is a lot to be made or lost with airline stocks...... Personally I have been riding the bounces of one airline and it has worked out nicely. I work on 10-20% gain/loss as the sell/buy goals. I don't really look for the actual high/low.

investmjhl 06-25-2008 05:14 AM

I use the down by 8%, up by 16% sell method.
Always keeping in mind "Pigs get fat, Hogs get slaughtered

Airsupport 06-25-2008 05:35 AM

i know what you are saying.

pinnacle stock: in one year has gone from 21.00 to 3.32

skywest stock: in one year has gone from 29.00 to 12.68

northwest stock: in one year has gone from 24.00 to 5.35

delta stock: in one year has gone from 21.00 to 4.80

i know several guys here at pinnacle who think now is the time to buy some pinnacle stock. if we do get a contract and delta says we can keep flying with them that should give the stock a boost. even if it just went up to 10 dollars you just tripled your earnings. i knew several people that bought a lot of our stock after nwa filed for bk and bought our shares at a couple dollars a piece. then when we signed the new contract with nwa it went from 3 dollars to 21 over night.

WhizWheel 06-25-2008 06:17 AM


Originally Posted by NWA320pilot (Post 411620)
There is a lot to be made or lost with airline stocks...... Personally I have been riding the bounces of one airline and it has worked out nicely. I work on 10-20% gain/loss as the sell/buy goals. I don't really look for the actual high/low.

What are you using as your trigger points to get in or out?


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