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Re: UAL - *BOUGHT*

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 05 Aug 11 4:44 AM | 39 view(s)
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Msg. 34296 of 45651
(This msg. is a reply to 34281 by Decomposed)

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Do or die time .

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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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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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