Having the stock go down 20% over a short period can actually kind of be a blessing for the long term buy and hold investor (which should really be everyone).

United is in the middle of a one billion dollar share buyback program. If the stock price drops from $60 a share to $50 a share, United can now repurchase 20% more shares, which increases the value of the remaining shares.

It's also a great time to buy if you've been looking to get in at a good price. United's market cap is roughly half that of Delta. Yet United will earn more than half of what Delta earns this year.

Sheep to a slaughter.

Never put all your eggs in one basket. Those that did, and it worked out, have a different opinion.

Good luck with your choices.

There's a difference between retirement money and fun money. I have all my retirement funds in index funds and do not mess around with my future. But once all those bases are covered and you have some extra cash lying around? Have fun in the market. Airline stocks are extremely cheap right now, compared to where they were about the end of the first quarter. What has changed, really, since then to support an almost 30% drop in value?

I don't think anybody is recommending putting a UAL position into their PRAP. In fact, it's not allowed to do that.

I put all my retirement in pork belly futures .. everybody loves bacon, how can you go wrong.

Amateur.

The smart money is "all in" with OJN5.

:D