Shorts may pile on and this may yet take a meaningful spike up after earnings if it hits it our of the ball park. This has been finding altitude after lunch, and believe it will again on Monday. Personally, profits have been far and few, so any sells on this end is not a short term tax sale, but rather a carryover offsetting past losses.
Airlines typically have a strong 4th QTR, which should continue to bode well after successful 3rd QTRS. While diversification is the key, see no reason to abandon what has been working now during 2015........
I bought in at $25 just in time for it to dive to $19 and have held on in the ride with 3600 shares to current levels. Glad I had the courage to stay the course. May eventually get another dip BUT with its growth prospects, low PE, low interest rates, low fuel prices and normally strong 4th QTR for travel, I think we are lonly getting started
House could drop on any, so watch out for the wicked witch. Any drop just is an opportunity for market movers to get in for the strongest QTR of the year for airlines. With low interest rates, unusually low fuel prices, strong demand in air travel, air freight, and low P.E.'s, give me other sectors that have a better reason to go higher ???? Watching uncoated paper now however. Import duties recently enacted will mean better prospects for US Producers going forward....watch them!
It looks like this bird has come up with some new aerodynamic wings to give it some substantial lift into earning next week. High estimates are $37.00, it looks like it is attainable in the 4th QTR, and with the ongoing accumulation, it looks like many others agree. Barchart is listing HA as 100% BUY !