Funny, taken out at almost double your target, time to tear up your chart
Aren't they in a queit period? Perfect time for a bear raid, quiet period, trading x-div. I expect some hedgie is preparing a bearish presentation at this delivering alpha conference this week
makes no sense, either the oil stocks are wrong or the airlines are, can't be both unless they were adding a ton of capacity which they're not
He stole that from the Valumentum article which was basically a rehash of one posted on SA a while ago. Can't take an article too seriously that uses the term " Gazillion".
and yet they're taking it down over 7% this morning. I don't care if fares are down slightly when costs are imploding. The fact is estimates are way too low. If the market won't give them a multiple, I think you'll see it taken private in slow motion via buybacks ala AZO