ASA/ExpressJet
- Thread starter MOGuy424
- Start date
surreal1221
Well-Known Member
Trip7 said:I'll let you know soon as I get my Oct sked
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Sounds good. Letting the request be known prior to bid close.
New Ft. Walton hotel sucks...BTW CRJ ASA.
BobDDuck
Island Bus Driver
You guys at the place next to the Cheers Bar, across from the Burger King now? Welcome to the suk. At least the van driver Jamie (old surfer dude) is kind of amusing.
dasleben
That's just, like, your opinion, man
Longer-term situational awareness for Trip7 off the SKYW weekly chart. Note, this is not trade advice, and is NOT a prediction for where the stock is headed. Simply pointing out that it's at a potentially significant price point. This screen shot only goes back to last year, but this line can reasonably be drawn back to November 2007.
Its more often used to describe old college dates.....
Trip7
Well-Known Member
Wow....No wonder you've been on and off if you've never heard the term. And you certainly must not know anyone who's worked in the industry.
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Trip7
Well-Known Member
Longer-term situational awareness for Trip7 off the SKYW weekly chart. Note, this is not trade advice, and is NOT a prediction for where the stock is headed. Simply pointing out that it's at a potentially significant price point. This screen shot only goes back to last year, but this line can reasonably be drawn back to November 2007.
An long term investor has to balance charts and knowledge of the inner financial workings of a company/industry. The regional industry is at a transformative point where many of the players do not have a foundation to succeed while a few like Skywest do. This knowledge is more important than your chart, especially for a longterm investor.
Warren Buffet doesn't look at charts much, he looks had balance sheets. That chart stuff is for you day traders and short term guys. I'm aiming for a 15% capital gains tax on my long term stocks, not the normal tax rate you get for trading in less than a year.
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dasleben
That's just, like, your opinion, man
It's probably because he spends his time trading, not reading analyst reports and blogs.
I've never heard of any line pilot who has enough information on the inner workings of his company to see every angle necessary to make an informed decision. When I was at XJT, I knew nothing that wasn't public information. What's your secret?
He could tell you, but then the SEC would pay a visitIt's probably because he spends his time trading, not reading analyst reports and blogs.
I've never heard of any line pilot who has enough information on the inner workings of his company to see every angle necessary to make an informed decision. When I was at XJT, I knew nothing that wasn't public information. What's your secret?
Trip7
Well-Known Member
It's probably because he spends his time trading, not reading analyst reports and blogs.
I've never heard of any line pilot who has enough information on the inner workings of his company to see every angle necessary to make an informed decision. When I was at XJT, I knew nothing that wasn't public information. What's your secret?
Yeah, because just going out and trading without doing homework is a successful strategy. Working so well that he's been "on and off" for the last 20 years.
No, I'm not talking about insider information when I mentioned about inner workings. Using public information like balance sheets and other financial statements combined with knowledge of the current regional industry a smart investor would know that Skywest stock's fall to $6.25 was beyond ridiculous and a tremendous entry point opportunity for a long term investor.
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Screaming_Emu
Well-Known Member
It's probably because he spends his time trading, not reading analyst reports and blogs.
I've never heard of any line pilot who has enough information on the inner workings of his company to see every angle necessary to make an informed decision. When I was at XJT, I knew nothing that wasn't public information. What's your secret?
He's gotta have a source or something. Or just be talking big. Nothing about what I see at work gives me the warm and fuzzies about our long term financial prosperity.
Trip7
Well-Known Member
How about the AMR deal? 16 additional Delta 900s also on the way likely to be split 50/50 between XJT and Skywest. AMR has RFP out for 255 large regional jets. I expect Inc to get a good chunk of that, as well as a good bit of the 70 additional 76 seaters allowed under the new Delta TA. Airways is always a possibility if one of their regionals fall by the wayside. Lastly, DAL's new contract will likely allow more large regional jets, although likely at the expense of 50 seaters.
Shrinking industry overall, but to the demise of smaller carriers, and advantage to the stronger ones like Inc
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Well I'm 28 so childhood and sports got in the way for some of it but for the last 12 or so I've been involved nearly every trading day.Yeah, because just going out and trading without doing homework is a successful strategy. Working so well that he's been "on and off" for the last 20 years.
Good luck as I'd never like to see anyone fail at their investment plan.
I have no dog in the fight regarding $SKYW and if I did I would never comment on my strategy for an individual equity. I will say if you aren't taking advantage of the the relatively high implied volatility of $SKYW by either a hedge or stock replacement you are missing out.
dasleben
That's just, like, your opinion, man
Yeah, because just going out and trading without doing homework is a successful strategy. Working so well that he's been "on and off" for the last 20 years.
Mike knows what he's doing. It doesn't take massive amounts of research to be profitable. I've read a bunch of books on trading, and with the exception of books on options (which are actually necessary to understand the various moving parts and complex spreads), I could probably recommend two. The rest of it is just getting out there and trading, getting your ass handed to you enough times that you start to wise up.
Screaming_Emu
Well-Known Member
Colgan got a bunch of flying handed their way with the Dash 8's. Pinnacle got a bunch of shiny new -900s a while back. Worked out pretty good for them.
I'll agree that we're a better run company from a financial standpoint, but new flying doesn't necessarily mean anything financially. Especially when your performance numbers are regularly at or near the bottom of thew whole industry every quarter. Which makes me wonder, are we undercutting to get our new flying?
From an non-financial standpoint I don't want ANY of this new flying as its coming at the cost of some of our brothers and sisters here at JC. More RJs is a bad thing unless you want to be a baller -900 pilot for the rest of your career? I noticed you said you're getting sick of the -200 and are going to bid over? You're seriously going to put yourself back on reserve on purpose?
Trip7
Well-Known Member
Time will tell.
Yup, will bid back to 700/900. Based on what I think will happen I won't be on reserve long, if at all
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Trip7
Well-Known Member
Good for you, homes. I still think you're going to find that using investing to prove something, well, I'll let you figure it out.
SKYW stock up to $11.92 so far today. $12.50 needed for double bagger. It'll skyrocket past that when new AMR, DAL, and Unical flying is announced
Lots of insider selling this past week. $12.00 looks to be short term resistance. Range bound until it crosses that line then you'll see something around mid-13s. Oil has retreated lately which makes it a positive environment unless a big snowstorm hits.SKYW stock up to $11.92 so far today. $12.50 needed for double bagger. It'll skyrocket past that when new AMR, DAL, and Unical flying is announced
Trip7
Well-Known Member
Nice work! I agree. Also, I do think additional flying will be announced within the next 30 days or so to give the stock a boost.