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-   -   RJET stock up 10% in recent days (https://www.airlinepilotforums.com/regional/84025-rjet-stock-up-10-recent-days.html)

satpak77 09-18-2014 03:05 PM

RJET stock up 10% in recent days
 
Any rumors on what may be brewing ?

Up on strong volume

http://finance.yahoo.com/news/republ...tUZgYAPJpXNyoA

http://s16.postimg.org/vyvwlvvz5/RJET.jpg

skyxbomb 09-18-2014 03:10 PM

No rumor. They've just secured bunch of united flying.

Past V1 09-18-2014 04:59 PM

RJET stock up 10% in recent days
 
If it can breakout above 11.75 during premarket tomorrow, I might buy it. Next level of resistance is at 12.50. Thanks for the heads up. Wasn't on my radar...but now...hmmmm interesting. Normal I don't play airline stocks but this is looking like a pure technical breakout.

rcfd13 09-18-2014 07:55 PM


Originally Posted by Past V1 (Post 1730143)
If it can breakout above 11.75 during premarket tomorrow, I might buy it. Next level of resistance is at 12.50. Thanks for the heads up. Wasn't on my radar...but now...hmmmm interesting. Normal I don't play airline stocks but this is looking like a pure technical breakout.

From what I know about the turbulence of airline stocks I'd say the 16th was the day to buy and buying now would be risky. They fluctuate like crazy even when there is big news.

satpak77 09-18-2014 10:11 PM


Originally Posted by Past V1 (Post 1730143)
If it can breakout above 11.75 during premarket tomorrow, I might buy it. Next level of resistance is at 12.50. Thanks for the heads up. Wasn't on my radar...but now...hmmmm interesting. Normal I don't play airline stocks but this is looking like a pure technical breakout.

we are on the same page, but I want to "confirm the trend" a little more and will Buy Stop Market at 11.76.

Volume is double the average so institutional money is jumping in, my opinion.

satpak77 09-18-2014 10:12 PM


Originally Posted by rcfd13 (Post 1730240)
From what I know about the turbulence of airline stocks I'd say the 16th was the day to buy and buying now would be risky. They fluctuate like crazy even when there is big news.

always buy strength !

bedrock 09-18-2014 10:46 PM

Also, dollar is up and oil is down= good for airline and transport generally. I'd watch buying on the pre-mkt though, they can hold all the buy orders and short the stock before the market opens and you can't do a thing. I'd a buy a little now and see where it goes--it will probably pull back since everyone will take profits on Friday.

satpak77 09-18-2014 11:36 PM

BedRock, you are awesome

everybody on this thread came out of the shadows and are providing great advice, thank you

JohnGardner 09-19-2014 03:39 AM

Don't
Buy
Airline
Stocks.

Ever.

Past V1 09-19-2014 03:40 AM


Originally Posted by bedrock (Post 1730269)
Also, dollar is up and oil is down= good for airline and transport generally. I'd watch buying on the pre-mkt though, they can hold all the buy orders and short the stock before the market opens and you can't do a thing. I'd a buy a little now and see where it goes--it will probably pull back since everyone will take profits on Friday.

Awesome insight!!! Thanks.

Past V1 09-19-2014 03:42 AM


Originally Posted by JohnGardner (Post 1730296)
Don't
Buy
Airline
Stocks.

Ever.

Normally I don't, but this is setting up to be a pure technical breakout. Nothing wrong with making money.

But I am watching for the pullback.

Al Czervik 09-19-2014 04:30 AM


Originally Posted by Past V1 (Post 1730143)
If it can breakout above 11.75 during premarket tomorrow, I might buy it. Next level of resistance is at 12.50. Thanks for the heads up. Wasn't on my radar...but now...hmmmm interesting. Normal I don't play airline stocks but this is looking like a pure technical breakout.

Pilots "playing" stocks. This usually turns out well.

Salukipilot4590 09-19-2014 04:33 AM


Originally Posted by Al Czervik (Post 1730310)
Pilots "playing" stocks. This usually turns out well.

Everything turns out well if you do it right...

Also if you only play with money you're willing to lose...

satpak77 09-19-2014 06:28 AM


Originally Posted by JohnGardner (Post 1730296)
Don't
Buy
Airline
Stocks.

Ever.

well, remind me to ignore that. I have owned JBLU since $6

satpak77 09-19-2014 06:49 AM

Update:

I now own some RJET. As someone wisely stated, this is not my kids college education fund nor money via credit card loans, this is "hobby money" that I can loose. I have a 10% stop placed with means if it drops 10%, I am out.

Some people collect comic books or own classic VW beetles they never drive, I own stocks

:)

Past V1 09-19-2014 10:29 AM


Originally Posted by Al Czervik (Post 1730310)
Quote:





Originally Posted by Past V1


If it can breakout above 11.75 during premarket tomorrow, I might buy it. Next level of resistance is at 12.50. Thanks for the heads up. Wasn't on my radar...but now...hmmmm interesting. Normal I don't play airline stocks but this is looking like a pure technical breakout.




Pilots "playing" stocks. This usually turns out well.

Made 5k this week...how did you do flying around while was home? Hmmmm...

TillerEnvy 09-19-2014 11:48 AM

I own 2500 shares at $2.50 and 2000 shares at $4. Thinking time to sell.

Al Czervik 09-19-2014 04:13 PM


Originally Posted by Past V1 (Post 1730508)
Made 5k this week...how did you do flying around while was home? Hmmmm...

I've been off relaxing (not worrying about my investments) all but 7 of the last 40 days.

Long term investing always pays off. Short term doesn't. More power to you if it floats your boat.

7 Compelling Reasons Why Long Term Investing Is Better Than Short Term Trading


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