no way they meet or exceed earnings expectations. At least that's my bet.
Was there a need to crash back to the 200day moving average after earnings just to sell the news. Heck, the stock never went up in the first place. MHR quadrupled over the past year.
with the Board cleanup, Tom ward and cronnies gone, cost cutting, etc. this pos has made no advance. TPG axion has no positive effect on this stock whatsoever.
based on the trade action and volume.
or very little being stuck in the $6's for an eternity.
"Stock goes up on bad news". This stock is near the 200 day moving average. Other airlines have doubled and tripled while this stock has stayed down for several months over the year. This stock hasn't participated in the general market rally or airline rally. It has factored in a lot of bad news. If this stock ual was at $35 today it hasn't moved up much.;
this ual turd is still below the 200day moving average, while other airlines are doubling and tripling and more.
this stock is floundering and going down at a time when other airlines have multiplied this year. They just can't get it right over there despite lower oil, etc.
they already preannounced some merger charges and bad news. stock is trading at lows relative to delta, amr, and us airways. Oil cheap.
With all the airline stocks doubling and tripling over the past year. Ual, the worlds largest airline is below the 200 day moving average. Congratulations are in order Jeff Smisek on the great performance of your stock and company. I'm sure the shorts are thanking you daily.
You are very naive about amr. That is the worst airline with huge debt and a history of billion dollar losses. That is the worst airline witih horrible labor relations. No airline is worse than amr,. Go back to school.
GET IN NOW; THE WORLDS LARGEST international airline is the only one that's dirt cheap.