Quote:
Originally Posted by Mccree
That was my point.
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Have you ever listend to any of the previous 12+ conference calls. Half of the questions are when are you buying the 787, the 350, when are you joining OW, blah blah blah.
The recent drop isnt because of it, but the depression in the price comapred to AC, SW, JBLU, FRT, Continental, AirTran definately is. As an investor listenting to the Q1 conference call, you could tell they werent happy with AirRes and that this was likely to happen.
I am not suggesting go into this stock and get out in 6 months. But its a great vehicle for investment, instead of buying a Jetta a year ago i bought this stock and it has now grown at a 50% clip in less than a year.
That is a damn good investment vehicle.
MYK