Should I sell before they come out or am I safe and will it go way up when they come out?
2007-01-16 15:54:35 · 8 answers · asked by c5flyguy 1 in Business & Finance ➔ Investing
Airlines follow the economy or what is called a cyclical stock. The economy is a very bad indicator of future earnings. i believe over 400 airlines have gone out of business since the opening of the airline industry and American Airlines the most longest lasting airlines are taking a turn for the worst. Many people would agree that a company coming out of bankruptcy wouldn't be a good buy anyways because what would prevent them from having another one in the near future? You should always research your stock and read books on investing before you begin investing. Go to Barnes and Nobles and grab a book on investing then maybe after you got everything you can out of that book you should go back to investing or even better keep reading about investing.
2007-01-16 17:44:15 · answer #1 · answered by jakked kim 1 · 0⤊ 1⤋
Put simply, the reason the stock will be worthless (close to it) is because 97% of the company is debt-owned--leaving investors with only owning 3% of the company! There are basically no fundamental drivers left in the company to cause fluctuation in the stock price other than pure speculation. Tread carefully.
2007-01-16 19:42:03 · answer #2 · answered by MadMoney 2 · 0⤊ 0⤋
If all of us could answer a query on what the inventory industry is going to do, they might probable be sitting on their very own island in the Pacific. there's a sturdy possibility the inventory will start to upward thrust if the enterprise starts showing a earnings and is genuinely controlled.
2016-12-16 06:32:01 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Ditto
2007-01-16 17:12:47 · answer #4 · answered by ?? 2 · 0⤊ 0⤋
People love to mouth off when they're ignorant of the facts, as is often the case here. Please don't ask here how to handle your personal fortune. God-only-knows what "advice" you'll be given, and if you follow it, and if it fails for you, you have no recourse. I am a stockholder, and I would NEVER consider asking investing questions here. For your sake, ask your investing questions elsewhere. God Bless you.
2007-01-16 16:06:06 · answer #5 · answered by ? 7 · 1⤊ 0⤋
I can put you on to someone who can give you the answer as he is a retired airline captain.
2007-01-20 13:53:37 · answer #6 · answered by 4x 2 · 0⤊ 0⤋
I suggest you to contact their Investor Relations Department.
2007-01-16 20:06:45 · answer #7 · answered by Anonymous · 0⤊ 1⤋
I concur with Randy.
2007-01-16 16:14:26 · answer #8 · answered by Grandpa Shark 7 · 0⤊ 0⤋