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bbotcs

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bbotcs

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Re: researcher59 post# 87787

Thursday, 06/03/2021 12:19:37 PM

Thursday, June 03, 2021 12:19:37 PM

Post# of 129717
r59: AAL

Don't know why this stock is $25 when they don't hedge their fuel purchases. Sub-$20 a share would seem more reasonable. I guess the increased passenger miles for the current quarter will more than offset the added fuel expense.

I'm finished with airline stocks for the foreseeable future. They have taken on debt, the stock prices are already at or above pre-pandemic levels, and oil is high. JMO.

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