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Ralph Canine

08/07/14 4:23 PM

#18116 RE: slacker01 #18114

Ok here is some perspective. On June 6th UAL closed at $48.05 and then over the next month lost almost $10 to close at $38.62 on July 7th. Pretty bad right? Just 4 days later on July 11th it closed at $45.70. So yes this is bad right now, but if history shows us anything it's that you can lose $10 in a month and when you least expect it, bam! you are up $8 bucks in 4 days...

Chicadow

08/07/14 4:25 PM

#18117 RE: slacker01 #18114

If you aren't greedy like me, you could have doubled your money in the last year. If you want to be mad, be mad at the traders who have AAL way undervalued right now. If you want to get even, START BUYING NOW. The company is performing and has enormous potential regardless of the price of the stock. A PEG of 0.2 isn't sustainable. Unless the G shrinks (which is possible but not indicated at this point), the PE is going to go up, alot. I'm annoyed too, but it won't last.

If you're nervous, dump and buy some TSLA. I've made a chunk there, even though I don't think I should have. Trailing stop in place.