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maxluke1

06/03/21 12:08 PM

#87793 RE: researcher59 #87787

I'm more with hweb on this one. I think our memories are getting pretty short and it's easy to forget how lots of stocks with good growth would languish for months, even years, at low multiples.

A ton of instant gratification in this market...
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bbotcs

06/03/21 12:19 PM

#87796 RE: researcher59 #87787

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.