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Re: UAL - *BOUGHT*

By: Decomposed in ROUND | Recommend this post (0)
Thu, 04 Aug 11 11:36 PM | 48 view(s)
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Msg. 34282 of 45644
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UAL bottomed at $16.91 today - just a couple pennies below (and probably 30 seconds after) my purchase. It's now above $17.00, so I'm feeling pretty good about the buy.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
UAL - *BOUGHT*
By: Decomposed
in ROUND
Thu, 04 Aug 11 11:34 PM
Msg. 34281 of 45644

I didn't expect to see UAL *this* low again.

I just took a 3x "standard" position in UAL (formerly Continental Airlines, one of my favorites. Now United Airlines).

Purchase price was $16.93. Only a few minutes left. I'm hoping there will be a *pop* tomorrow morning as investors realize that they probably overreacted.

Oil prices are way down. I don't think airlines should have fallen as hard today as they did.


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