LCC Stock in a Nose Dive

[maddawg]

LCC stock is down 18% this morning to $4.26, LCC is down more than 50% in one month. This morning Credit Suisse downgrades US Airways (NYSE: LCC) and lowered their price target from $12 to $4, citing liquidity concerns and M&A risk concerns. This is starting to look ugly.

 

[sharktooth]

LCC stock is down 18% this morning to $4.26, LCC is down more than 50% in one month. This morning Credit Suisse downgrades US Airways (NYSE: LCC) and lowered their price target from $12 to $4, citing liquidity concerns and M&A risk concerns. This is starting to look ugly.

What about other airlines? UAUA down.

 

[eckoa6]

UAUA is also down big but US has them more than doubled.
UAL CORP NEW
Last Trade: 7.49
Change: Down 0.66 (8.10%)

 

[gaucho99]

Mortgage the house, farm, car, boat whatever you have and buy LCC stock today. Expect a potential tripling of your investment when a merger is announced. ( or commit suicide when we liquidate)

 

[maddawg]

One thing for sure. LCC stock price will be nowhere near $4.25 in 6 months.

 

[beachboy]

Yeah, by then the Stock Symbol will be changed to RIP. :huh:

 

[freedom]

BUY NOW , BUY RIGHT NOW! BUY THIS VERY MOMENT , DO NOT DELAY!!!!!

 

[maddawg]

SELL ! SELL ! SELL ! SELL NOW BEFORE ITS WORTHLESS !

 

[N965VJ]

BUY NOW , BUY RIGHT NOW! BUY THIS VERY MOMENT , DO NOT DELAY!!!!!

AH HA!!

Now I know why you think Doug is great!

 

[freedom]

Actually I was just wondering if there was anyone stupid enough on wall street to base their market decisions on a message board lol

Darn it , your ruined my experiment mad dog …. :angry:

 

[N965VJ]

Blue Horseshoe loves LCC.

 

[maddawg]

Actually I was just wondering if there was anyone stupid enough on wall street to base their market decisions on a message board lol

Darn it , your ruined my experiment mad dog …. :angry:

OOPPPPS ........ Sorry :huh:


Super secret insider sources say LCC to be in the $30 range by early 2009. 😛h34r:

 

[oldiebutgoody]

OOPPPPS ........ Sorry :huh:


Super secret insider sources say LCC to be in the $30 range by early 2009. 😛h34r:

You mean they're gonna sell the stock symbol to another company?

 

[InternationalShannon]

SELL ! SELL ! SELL ! SELL NOW BEFORE ITS WORTHLESS !

im laughing at all of you.. youre nuts. I mean that in a lovey way 🙂

 

[vantheman63]

The real $64,000 question here is (a.) how long the spike in oil will last (because it is not sustainable) and (b.) when will the dollar strengthen...and they are both interrelated. That's the bet...not whether or not US can get better.

US has successfully commoditized their product, making it no better, and in many cases, significantly worse then the competition. So, they have precious little leverage.

The major "bet" (aka hope) for this carrier is that this spike subsides and that can happen if the dollar would pick up a little strength. Can they make their price increases stick? I dunno. I just priced out tix from PVD-SFO r/t....US was amongst the most expensive....why fly US in Y when for almost the same price I can fly CO and get the instant upgrade? That of course is beating a dead horse again and again.

Good luck to US! Now that the product has been successfully "business casualed" into the crapper...the company is now at the mercy of things sompletely outside of it's control.

That being said....at $3.00, I'm a buyer....I do not believe this rally in oil is sustainable much longer.