Originally Posted by
otralot
Airline investing is dicey and high risk. If demande remains strong and oil prices somewhat stable it seems CO might do OK over the short run but any outside events or economic downturn and the airlines dive deep and fast.
If you have a good position at agood avg price and want ot add a bit OK but don't go over the top. I have to say when it dropped to around $36 the other day I was tempted for maybe a quick opportunity to maybe make 5-8% but I didn't get off the dime fast enough.
I have an avg at $24 but I am more interested in shorting DL as somewhat of a hedge. I just can't put DL at 3 times bigger than CO.