Post by
DrInvestor on Nov 07, 2024 10:18am
UAL at $87
UAL is closing in on its 2018-19 highs of $97. AC's high was near $52. At $23, we are deeply undervalued. Should be at $32-33 right now. Let the buybacks continue!
Comment by
Nordico on Nov 08, 2024 2:28pm
I just cashed some of the protective Puts I'd bought yesterday. I want to be less hedged in case AC's consortium is selected as the winner of the high speed rail contract (could be announced any day). Also Delta and United are trading at pre-Covid levels; AC still has 55% to go from here to get back to pre-Covid market cap(!)
Comment by
facanadian1 on Nov 08, 2024 3:10pm
Also a few union contracts toniron out ! Flight Attendants are next ! End of a 10 year 2% per year raise We will be asking for a raise that will catch us up to the cost of living ! New hires are hired at poverty wages !