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Re: UAL - *BOUGHT*

By: clo in ROUND | Recommend this post (0)
Thu, 04 Aug 11 11:50 PM | 39 view(s)
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Msg. 34284 of 45651
(This msg. is a reply to 34281 by Decomposed)

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Congress has agreed on the FAA issue, that might help? clo




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DO SOMETHING!


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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 45651

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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