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    Airline Stocks?

    Gentleman, I am noticing that airline Stocks are a stupid bargain right now. I believe that when this is all over the value will skyrocket to around 80% of their former value within 60 days. My question for those of you who know how to properly research these stocks is:

    1. How much more downside is left?

    2. What criteria would you use to pick between Southwest, American Airlines and Delta?

    3. Will the stimulus deal signed overnight maintain them or send them back up?

    I'm my mind they are all a deal right now but the cheaper I buy the more shares I get to ride the rise. Just looking for some solid advice from someone who knows more or is smarter than I am.

    #2
    I dont think anyone has these answers right now.

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      #3
      I can tell you Southwest was at $7 about seven years ago and topped out at $58 before all this crap happen now it's at $35.00.

      Looks like American might be the buy, if it's goes back to what it was a month ago you could more then double your money.

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        #4
        Cruise industry is even more of a bargain. If they can survive.

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          #5
          United airlines (UAL) was $90 it's now $21.... Id give it a little bit longer though.

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            #6
            I can't give investment advice on here, but stock prices, in general, are driven by their earnings. When do you think their earnings will be restored? Not any time soon, I think.

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              #7
              The better question is which airline has the resources to survive and which airline(s) is most likely to receive government bailout money. I'm betting American has the best odds to receive big government money and Southwest far less odds.

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                #8
                Originally posted by captainsling View Post
                Cruise industry is even more of a bargain. If they can survive.
                I'm just not sure that all of the cruise lines will survive this mess. Carnival is super cheap right now.

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                  #9
                  I’ve been in & out of American Airline stock many times in the last year & yes now is the time to buy it
                  I’m patiently waiting myself to see where it bottoms out at

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                    #10
                    Originally posted by EastTexasMan View Post
                    United airlines (UAL) was $90 it's now $21.... Id give it a little bit longer though.
                    I’ve been eye balling them but not sure they’re going to make it out of this mess. You for sure won’t see it in 60 days. There is still another 1.5 weeks of dropping almost guaranteed.

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                      #11
                      I remember American filing for bankruptcy or restructuring about 10-12 years ago, that stock went down to $0.25-50 per share.... The government bailed it out and it went went back up.... I could have made millions off investing $5000!!!

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                        #12
                        I like casino stocks better. I call them sin stocks. When people can get out they will go back to bars and casinos with $$$ they don’t have. Vegas will never close

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                          #13
                          Everything is a bargain right now. The question is, which companies are going to be able to survive this mess?

                          I would venture a guess and say the companies with a lot of cash on hand and low debt are the ones in the best position to survive.

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                            #14
                            I’m sure the airlines will get a bailout at some point. Ridiculous, but apparently we don’t believe in failure any more.

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                              #15
                              I think 60 days rebound is a dream. Buffett is a fan of LUV. They still have Boeing issues unresolved at this point.

                              Buy some Berkshire instead![emoji6]

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