Markets open in just a little under 3 hours from now. Without a reason coming from the company to do otherwise, a sell-off seems likely. From $2.35 do we see a greater than 50% drop in share price? Do we see less than a dollar a share? Or do those that hold stock have reason to just keep holding on to it? After all, things could cheer up in a day or two and it who knows, it could shoot up to $3.00 a share.
I don't have any stock this time around, but if I did I think that I would sell all today at whatever price I could get and promise myself to never ever buy airline stock again. If it came back up I wouldn't care.
jm
I don't have any stock this time around, but if I did I think that I would sell all today at whatever price I could get and promise myself to never ever buy airline stock again. If it came back up I wouldn't care.
jm