Like most investors, we are looking at stocks that have seen a big bounce off the lows. The one exception to this rule is the airline stocks. $DAL is just $4 off its 52 week lows of $19.10 a share. President Trump has said publicly that he is not going to let the airlines fail and that a bailout package is on the way. We will look to add to our position on any...
Been following this stock through all of the madness. I don't think they're going under. It's hard to tell the future of the company based on government intervention though.
DAL shares are hovering just above a likely retest of the critical $20 level. The stock will be locked in the bailout and OPEC twin narratives this week, playing to opposing effects.
NYSE:DAL With and ultra-low interest environment, government stepping in to rescue airlines from the shutdowns of COVID-19, low fuel prices; I believe it is prime for investment long-term; however, recommend hedge with oil and gas industry that benefits from rising energy prices.
"Delta plunges after Warren Buffett's Berkshire Hathaway slashes its stake" is the morning's headline following the announcement. As investments I don't know why anyone would want to own airlines. They are too exposed to all kinds of risk... world economic factors, energy, terrorism, and now plagues. But to trade airlines... the contrarian in me combined with a...
95 million volume in a day - its either people dumping shares before earning or this is the end of its bottom. SL 20.5 Long around 23.5. Target 30 and 36 NYSE:DAL
JFK is closed.
Nobody wants to fly.
No reason this stock shouldn't be trading at $5. Maybe $10 with stimulus, which is my prediction.
Puts down to $10.
Although talks of stimulus bills are circulating in the airline industry Delta Airlines is showing little strength after the news. The stock takes a quick rally upwards to only find itself loosing half of the gains shortly after. The downtrend continues to hold strength in the short term market
Recently Warren Buffet Company, Berkshire Hathaway invested in Delta Airline, Delta Airline has been dropped and stand at where it was stand in 2014 & this is the best long investment.
