Buy on the dip

[CaptBud330]

The common practice is buy on the dip. Well the stock looks like it will shortly be under $3 a share. I know it can go to zero (been there, done that) but what does everyone else think. Where is the bottom?

 

[Hey.. Chill Out]

I have a feeling US AIR stock will be wallpaper in an outhouse before too long.

 

[N965VJ]

When LCC starts showing up in my Penny Stock spam, I’ll be sure to pass along the hot tips.

 

[4merresrat]

It's already well under $3.

 

[USwestGUY]

We're dragging bottom.

 

[sharktooth]

We're dragging bottom.

Then you should buy. <_<

 

[Career Reserve]

Then you should buy. <_<

don't buy more than you are willing to lose!

 

[CaptBud330]

3:15pm-- I see we're now lower the AirTran!!

 

[2BorNot2B]

The common practice is buy on the dip. Well the stock looks like it will shortly be under $3 a share. I know it can go to zero (been there, done that) but what does everyone else think. Where is the bottom?

Hey Bud .. we've been tempted by that $3 price in the past! Last time, that $3 ended up being worth $0. From what I am seeing now, I'll bet history will repeat itself.

I hope I'm wrong .....

2B

 

[2BorNot2B]

'Ya know, with this stock price I cannot help but to think back about that situation when D.P. sold a bunch of stock and everyone was angry! I forget the #'s, but it was around $42/sh and he made $9 mil. or so. I recall him arrogantly saying " it was only 10% of my holdings, what's the big deal", or something of that order. Geezz, I wonder if he still has that other 90% ! Talk about a "paper" loss! Anybody recall how many shares he sold? Figure out what he had left, and at $2.50/sh, what that loss might be.

2B

 

[jimcfs]

I just bought a few at $2.51/share... figured I'd support the rebound. Low so far today was like $2.43 from what I've seen in the last few minutes.

 

[28L_or_10R?]

Until the oil bubble pops, this is NOT something you want to hold for any amount of time. Here is a link from www.stockta.com that may be of help:

http://www.stockta.com/cgi-bin/opinion.pl?...&mode=stock

 

[luvthe9]

http://quote.barchart.com/texpert.asp?sym=LCC Same thing here.

 

[N965VJ]

From Parker's letter to employees today:

<SNIP>As part of my commitment to achieve this goal, as well as reaffirming my belief in our company, I’ve made the decision to invest an amount equal to my 2008 salary into US Airways by buying stock in the open market at the next trading opportunity for insiders.

 

[YVINTERN]

From Parker's letter to employees today:

In other words... "I want to increase my golden parachute when I sell this airline off to United or a sucker"