Originally Posted by
tuolumne
How are you "grasping" these results? UAL is still under performing and looks to be doing so going into next year. You sure have a strange relationship with reality if you believe the fabled merger synergies have been created.
Last quarter, you saw Wall street waking up. This quarter, you saw them act.
But we haven't. It is at its target price and analyst opinions ranging from sell to hold, to outperform to buy. Neither have the analysts gone sour, nor has the market. Jamie Baker asking tough questions? He has done that 4x a year for as long as I have been listening to calls (10 years.). In fact, compared to questions he's asked in the past, this was mild. The only difference this time was there were no good answers, but that didn't cause any downgrades, most analyst opinions are the same as they were in 2012. They seem content, and those that own stock, should be more than content. That doesn't necessarily come from great financials, but it is the reality of both the market, and the investment bank analysts.
If by acting, you mean outperforming on the big board, then yes, they are acting. Acting all the way to the bank!
With 98.46% of shares held by institutional investors, it doesn't appear that the fund managers are running.