Airline Stocks..con't..

Goldmember

Goldmember

Well-Known Member
Just a note on the Airline stocks a couple weeks back, Cramer on Mad Money was having a discussion and the bottom line on the evening was this, "Never Ever Ever Own an Airline Stock!!!!!"

Do I necesarily agree with him, no, because I see some potential in some airline stocks, but he makes one helluva point if your looking to "bank" on an investment.
 
All you need to know about airline stocks is that even Warren Buffett couldn't figure out how to make money in them. He bought US Airways, and then dumped it after several years.

And Buffett isn't the kind of guy who buys something with the hopes of selling it after six weeks when it gets a pop. He's a long term investor. And if he couldn't figure out how to make it work...
 
tonyw said:
All you need to know about airline stocks is that even Warren Buffett couldn't figure out how to make money in them. He bought US Airways, and then dumped it after several years.

And Buffett isn't the kind of guy who buys something with the hopes of selling it after six weeks when it gets a pop. He's a long term investor. And if he couldn't figure out how to make it work...
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It's interesting, I was looking at the Fidelity Aviation mutual fund, and it's up something like 25% this year, it's obscene! But they own JetBlue, RyanAir, UPS and then a bunch of aerospace defense firms, so it makes sense... No legacies on that fund, but 25% returns, wow!
 
I had a college instructor who was a ret. Continental CA who bought some United stock before they went bankrupt. He didn't seem phased at the time.

Now, just think if one had bought AMR stock when it was $1.25 a share 3-4 years ago and it is at $21.20 today. Still kicking myself for not buying any when it was rock bottom.
It can be done but you have to be careful and have a good knowledge of the market. Right now most of the airlines are losing money. Tomorrow could be totally different.
 
My cousin bought NW and Delta stock for 50 cents a share. thats not bad.I would buy NW stock on that price.
 
blee256 said:
My cousin bought NW and Delta stock for 50 cents a share. thats not bad.I would buy NW stock on that price.
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Let me help you out here.

Give me the money you want to "invest" in NWA, Delta, and UAL.

I'll kick you in the nads, give you half the money back, and a roll of TP.

You'll come out ahead.

Why? Because once those companies emerge from Chapter 11, guess what happens to the stock that's trading now? It gets cancelled.

Kaput.

Gone.

Fini.

Hasta la vista, au revoir, sayonara, so long, farewell, auf wiedersehen, good bye.

If nobody listens to one post other than this one, I will have done some good in this world.

Oh, and why the TP?

Because unlike the stock, you'll be able to wipe your butt with it.
 
I'm a mac geek. It's all about the "Translator" :)

That was Dutch. Or "Sober Flemish"
 
Doug Taylor said:
I'm a mac geek. It's all about the "Translator" :)

That was Dutch. Or "Sober Flemish"
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Do you have Italian grammar check on there? I swear, that feature alone almost sorta makes me want to rent-to-own a Mac.
 
Chris_Ford said:
Do you have Italian grammar check on there? I swear, that feature alone almost sorta makes me want to rent-to-own a Mac.
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Può avere un controllo italiano di grammatica, ma non sono troppo
sicuro.
 
Chris_Ford said:
Doug Taylor said:
Do you have Italian grammar check on there? I swear, that feature alone almost sorta makes me want to rent-to-own a Mac.
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Può avere un controllo italiano di grammatica, ma non sono troppo
sicuro.
Click to expand...
"It can have an Italian control of grammar, but they are not too much sure."

Google translate.



:)
 
"Toda sua base é nos pertence"

("all your base are belong to us" in Portuguese)
 
Doug Taylor said:
"Toda sua base é nos pertence"

("all your base are belong to us" in Portuguese)
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所有你的基地是属于我

あなたの基盤すべては私達に属するある



("all your base are belong to us" in Chinese and Japanese)


:)
 
SteveC said:
所有你的基地是属于我
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translate back to English from Chinese: "All your base is belongs me"

あなたの基盤すべては私達に属するある
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retranslate from Japanese: "Your basis everything belongs to us, it is"



:)
 
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