Sounds like a buy move....Wouldn't be surprised if the BK rumor was true. Stocks rarely (if ever) plummet that far, that quick on unfounded speculation. Bummer for the United folks.Sadly, I wouldn't be surprised to see American in the same situation here before too long. I hope I'm wrong!
Perhaps, but airlines are not good places for long term investing though. Get in quick, get out fast.Sounds like a buy move....
Friends don't let friends buy airline stock!Perhaps, but airlines are not good places for long term investing though. Get in quick, get out fast.
Au Contraire mon amiFriends don't let friends buy airline stock!
Shoot! Have the call the broker about my Short on UAL!Sounds like a buy move....
From the investor point of view, sure--but it's harmful to companies when misused by traders, and is a loophole that should probably be closed.Naked shorting is no big deal if you know how to Delta hedge.
If you are hedged then you are not "naked".Naked shorting is no big deal if you know how to Delta hedge.