Definitely orchestrated manipulation
What really sucks is UAL management is taking no action.From the price action, it does not look like buyback is happening at all.
So company blew away March estimates, so why are they taking June and Sept estimates down so much? I dont get it.
Airlines inaction & lack of clarity is destroying their stocks.
They should be announcing major buybacks and shareholder friendly actions but they just decide to sit
WS so da## stupid they rather have airlines fly half the plane with high ticket prices than a full plan with lower prices.
Bunch of margin obsessed bozos IMO
Considering that Oil was $90 back then and it is $60 now
Even if there is 25% earnings cut due to overcapacity (very very unlikely that Carries will self-destruct to that extent, but lets assume)
Even with that united will still earn almost 6 billion dollars in the next 2 years which is almost 30% of the current market cap and almost 90% of the net debt!
You have company that is growing at mediocre overall growth rate probably around 10%
Cash balance is dwindling now stands at less than 10 million
Same store sales growth is slowing
Expansion - why is company not opening new locations like crazy? because competition is intense - CMG, Qudoba, Pollo tropical grill.....there is no guarantee investment in new stores will do anything new. Market looks saturated
These analysts are the most shameless individuals you will ever see.
How many buying opportunities do they tout and cause billions of losses for investors?
If the stock falls off the cliff against their recommendation it is buying opportunity just so that they don't look stupid.
Disgusting how they do this.
Are saying buying opportunity blah blah....
Just look at GMCR, DDS, KSS....
They have been saying buying opportunity in GMCR since 130.
Totally disgusting how they sucker in retail
I dont think Chinese Govt. want an outsider to take over TV media. also I will be highly surprised Chinese Govt. want its people to become couch potatoes and wasting time like in US