If you can calculate the growth or shrinkage of Las Vegas economy you can determine if Allegaint will go up or down. I have been following home for sale there are still too many empty homes. It seems they keep on building new home, but there are too many empty home. CZR stock is going to the tank. MGM is doing okay. The Maloof family got out of the casino industry. Station casino seperated their casino from their hotels.
Why is this stock at it all time low. Why is LUV and Jetblue not doing as bad? Oil price is low. Something fishy is going on.
Should of bought Virgin. Better bet. Nicer planes. Allegiant has some tricky hidden fees. A trip that you thought you saving 30-50 bucks might cost your more in the long run. You pay for what you get. screwed.
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I think oil will go up at least to 45 by the end of March. It might hit 50 in April. Then at the end of July it is going to be 60.
I think oil is heading higher. My biggest worry about investing in ALGT is customer service. The numerous negative reviews I read online worry me. The solution is simple. Improve customer service...If that happens, more investors might buy shares in ALGT.
Will this cause the profits to go down. Was the company smart enough to purchase oil futures to counter the cost of oil prices going back up ? I would stay away from the airlines.