Most of my opinions are in the text. Just think Delta is actually the most capable to take off without running into trouble right off the bat. Not saying they are the best company by any means. I am just waiting until I actually hear one of the airlines come up with a plan or have a decent earnings. I would pay attention to the airline with the best operational cash flow. Meaning their earnings might be bad, but they still had net operational cash flow to keep them alive.
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Sorry about the indicators I forgot that they show up even when max screening all of them
I am in the travel industry and therefore enjoy playing airline stocks. My humble opinion is that DAL is a great long term play, but the next 2 quarters will be bad...
Delta, Air France, KLM and the whole network are considering resuming international flights no earlier than mid-end June. Frankly, I do not think essential travel will be in full force until
at least fall/winter season. With a burn rate of some 1.5B monthly at full swing, How do you think Q2 is looking? And can Delta sustain 4-6 more months of this?
I see DAL touching $15 before it gets to $40.. bearish for now//a buyer at <$15
Sesh1985
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@DigitalData seems DAL is fighting at support line of $21.90 ...
bagholder_007
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One thing to note, regardless of their cash flow right now, Trump said "We’re going to back the airlines 100% − it’s not their fault. We’ll be backstopping the airlines and helping them very much"
DigitalData
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@your_favorite_brown_guy, Haha yeah
whitter86
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where is it taking off to?
DigitalData
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@whitter86, None of them say they are taking off. Delta is the only one that makess sense to take off and earnings are up 27%
@whitter86, My post is clearly to inform of buyers to be weary... so "exactly" or your original comment really both made no sense.
DigitalData
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Sorry about the indicators I forgot that they show up even when max screening all of them
Sesh1985
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@DigitalData, do you think after earnings Delta strikes back ... Today morning i saw their expected eps was .70 but reported was .51 and also they cut down the some cost to save on cash burning.. Would that mean the stock price goes upward ??
Delta, Air France, KLM and the whole network are considering resuming international flights no earlier than mid-end June. Frankly, I do not think essential travel will be in full force until
at least fall/winter season. With a burn rate of some 1.5B monthly at full swing, How do you think Q2 is looking? And can Delta sustain 4-6 more months of this?
I see DAL touching $15 before it gets to $40.. bearish for now//a buyer at <$15