UAL up 170%
 

UAL stock ripping. Found this cool web site that tracks the market cap of the world's most valuable airlines.

DAL still #1.

Airline market caps

I bought a chunk in I think early July right before Q2 earnings call. I was tempted to hang on but I sold last week. Still made out pretty well. Bought at about $36 and sold at around $95. Probably the only thing I'll have done right all year!

I shoulda bought this instead of buying $AVE at $13.00 share 😭. Buy high!, sell Low is my motto!

I recall warning about the perils of creating a single point failure node by buying your company's stock. IIRC, United Pilots lost a bundle in their bankruptcy that way.

https://www.chicagotribune.com/2003/...less-ual-says/

I'm fully aware with the risks. I didnt buy a lot but it was still painful. I know we had a few at Nk that dumped 6 figures worth and will lose it all....

You got F’d by a stupid judge. I did too.

The legacy UAL pilots had no other investment options beyond the pension and their ESOP, at least not tax advantaged. They also were not allowed to sell until after the stock was worthless.

I mean to be fair to you, if it weren't for ONE man, you would have more than doubled your money......

but hey investment involves the risk of loss.

Wow, a crazy thought... every airline combined market cap is $398B. Bitcoin $1.9T Market Cap, Ethereum market cap $483B Ethereum is worth more than every airline in the world combined... i hope ya'll bought some awhile back like i did LOL

I hope you sell some before you know what. LOL

You (everybody)may know someone who made a lot of money of Bitcoin...................you also likely know more people who lost a lot of money from buying Bitcoin.........it's just they haven't told you about it.