Prolly a combination. If I was an institution and I saw how aal was underperforming its peers despite all the records, I'd def be rotating into here from other positions. Oil keeps going down how could the whole sector not her a boost. I think we're just in one of those decade/generational shifts in the market where airlines are going to soar and significantly outperform the broader market.
Went from 14 million at close to 17 million shares not even an hour after close. A 1.5 million share trade after hours. They are buying it up little by little. We should see $52 before we close today!