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SAVE...looks like it may be moving soon.
At some point this has to come crashing down. Going up way too fast. Just people trying to make quick money so no reason for a long hold in my opinion. Question is, what is the price point before crashing down? Anyone know the current RSI?
I don’t know what will happen up until the Q2 release, but I’m very interested in the numbers that will be reported. Waitr turned all their drivers into contract drivers, reworked their driver app, and made it to where drivers made much more money. They also were rocking and rolling where I live during April and May. My area went from 250-400 drivers to keep up with demand. I think when Q2 gets ready to be released and is released we could see a good little run. I don’t know what it would take to make a run and stay above the 4-5 dollar range and then continue to climb at a reasonable rate, but I would like to see it.
Shatts must have gotten out last week with how much he was posting to now being silent. Either that or he has lost internet connection for a few days.
I need it to stay down a little bit longer or have a pull back next week. My house is closing next week so that will be a lot of money to throw on this animal. I feel though it will be a week too late.
Nope. Made no sense on why AAL was moving positively before today. All the news coming out that I could find was not positive until today. Guess people don’t care about news right now. I got my re-entry in today. Much higher than I expected with where it was on Friday, but at least I’m in I guess.
After market doing what I feared. Hopefully it turns itself around.
After hours will be very interesting. I could see it going either direction.
This climb is unreal for one day. It looks like something trading in the single dollar range having a huge day. I’m guessing it will pullback at some point???
What is the current RSI here? I’m fairly new to trading and this seems to be flying high very fast. Should it be concerning for going so high so fast?
Yep, I’ve been looking all week and all I’m finding is negative news on AAL. Can’t figure out why it keeps trading positive. Expected a reentry point below 10 and it keeps going the other direction...
Can someone explain this to me? What does this mean?
https://www.google.com/amp/s/www.nasdaq.com/articles/july-10th-options-now-available-for-american-airlines-group-aal-2020-05-28%3famp
I’ve been watching airlines since March. People will fly again, rent cars again, stay in hotels, and go on cruises. People will travel! And, I believe soon. Personally, I don’t think there was any reason to shut the world down the way they did, but hopefully I can make some money from it. I was hoping airlines were going to stay down one more week, but it didn’t look that way so I had to get in.
I’m not an experienced trader. I just know when it’s down...but buy buy! If you are experienced, I’m with you.
Good day today. I know I may be different on my opinion, but I don’t want to see a skyrocket here. I would be happy ending the week between $11.50-$12.00. I think slower climbs keep people in for a longer haul. If it skyrockets I always get concerned people start selling for their profits and then it creates a mini panic and others start selling to keep profits over losing. Just my thoughts.
So everyone was able to keep their shares when they merged? Sounds like they were rewarded when the share price skyrocketed.
So what happens to shareholders if AAL were to file bankruptcy?
I sold as well. I assumed, by the recent history of the stock, that it would settle around $2.00. I was just going to find it a little ironic if you hadn’t sold with you mentioning how over bought it was.
I am learning and I don’t think anything should go straight up, but crashing from $3.84 $2.20 in 36 hours seems extreme to me. Let me ask you a question...do you still hold all of your position here?
What makes something over bought? Couldn’t a company just have a profit value and belief from the public that it’s going to be successful so people buy in? Not being sarcastic, serious question.
That has been my assumption. I think it may be until the next quarter financials to come out to make a run again. Next financials will be very good imo. I know you say the day traders are just reading charts, and that’s fine, but they ruined this run.
I thought this would end up settling around $2.00. Looks like it may settle much much higher.
So I stumbled upon this stock following some people from AAL and others from Waitr. What’s the intrigue on this one? It opened at around $56 a little over a year ago and crashed two months ago. If this thing just went back to $30 a share that would make people a lot of money. Those of you who follow this one closely, what’s the realistic hopes? What’s the timetable? TIA
Triple bottom is at $12.00? So, does that make it very hard to fall under that number? If it does fall, does it go into a major downward spiral?
Yes. Just disappointing when people flip for small profits when they could hold and all would be rewarded. This isn’t something trading at five cents where the hope of going big is probably delusional. This is a legit business.
Day traders ruined this run for now.
After seeing $3.84 today, I definitely didn’t expect to finish in the red...
As I’ve said before, I’m no stock expert and I should have bought this at $1 when I wanted to. It took off and ran before I expected it to so I didn’t get in until $2. I started working for Waitr three weeks ago. I’m a teacher/coach and I have some free time with all this stuff going on. I really like their business model. Who knows what will happen in the long run, but I think Tilman has a big vision for this company. You don’t buy something for $308 million without seeing a vision for a mega company. He’s already a billionaire, he’s not looking to make a few million...he wants this company to be making billions.
People that are in this in under the $3, shoot even maybe in the $3’s depending on much is invested, could see life changing money. The food delivery service like this is only going to grow through the next 5-10 years. If this thing ever hits between $40-140 like GrubHub has...that’s a lot of money for the people in now. No reason to sell because it dropped off people bailing early.
Ahhhh. Well, this is making people good money right now so I don’t know about that.
What does FPOS mean?
This thing has wings! Hopefully for a longggggg time.
Nice after hours. Hopefully it continues pre market and opening.
Maybe one day we can rearrange those numbers to say $130 close
Is that good or bad for us?
That sure is some big buys. Big sales going too? Just know we aren’t moving right now. I’m not complaining, it’s been a good day. Just an observation.
I’m pretty new to the stock market game. As I have said before, I live where Waitr is the big food delivery service and I believe this service is a way the world is moving. GrubHub, DoorDash, and Waitr seem to be the big three to me. What will keep this thing moving along with it being a fairly small company compared to the other two? Will people slowly and steadily find out about the news? Just curious what keeps this thing rolling, and rolling I hope it does.
So what’s everyone’s opinion here after a great week last week? Are we going to continue to rise, stay steady, or drop down?
Yes I read all of that. Just wasn’t sure what he meant by vote buyout. What’s he wanting?
What do you mean by that?