/biz/ - Business & Finance

>>19041509
but...why? i mean... are you retarded?

>>19041526

I thought it would be a good long term hold (and it is), but sucks to wait so long.

Buffet literally sold all his airline stocks and you guy and buy lmao retard.

>>19041552
>good long term hold
you do realize that airlines have the worst cash position of almost every industry? most of them will go under w/o gov support. anon srsly, sell with a loss.

>>19041577

buffett is the retard for selling the bottom

I bougt LUV and BA, both will rebound, just sucks having to wait.

Airlines are obsolete Anon, not many will fly again

>>19041552
>good long term hold
do you the meaning of bankruptcy? get out while you still can

>>19041614

I only bought Southwest. They have the best balance sheet out of the bunch by far. I like their business model.

>>19041509
Buying Boeing (the largest military contractor in the US) and AA (the largest airline) is one of the best and safest things you can do right now. People want something that's going to moon 10,000% when just buying those two stocks will most likely double or triple in the next 2-3 years at the latest. Buy all the stocks you can afford in those two and check Robinhood as little as possible.

>>19041670
>business model
is assume their model is based on transporting people to various destinations and that they have very high fixed costs; abort mission kek

>>19041671
I concur with this anon, Boeing has gov contracts, this shit is like investing in waste management.

And investing in it in the middle of a damned pandemic, people will be splurging on holidays for years to come to mitigate 'remember that time we were locked down.'

>>19041509
Hold tight OP.

boeing and delta buy it forget about it 2-3 years. 2-3x ur money plus get dividends. Its not that hard. Stop being a zoomer fegget and expecting 100x gains in 1 week.

>>19041509
a board of mongoloids

>>19041509
Im not triggered that you bought airline stock

I am triggered that you believe their price would go up any time soon.

>>19041671
AA bankrupted few years ago. they can easily do it again
>but the shareholders were saved in the end
a miracle.

>>19041509
sell and buy VTIQ, it's the temporary holding company for Nikola Motors when they go IPO next month.

>>19041509
Airline stocks? Why? Covid won’t be gone for over a year AT LEAST

>>19041509
>no one is flying
>GUIS LETS BUY AIRLINE STOCKS

>>19041509
Sorry to hear anon but this boomer sold.

>>19041509
with tesla airlines coming next month?
you fucking bought boeing?
holy fuck.

that's like investing in greyhound and peterpan bus lines when tesla was about to launch their first vehicle.

god damn man.
what the fuck is wrong with this place.
are you all really this dumb?

listen.
just buy gold, its the only hope for people like you to have a modest life.

and fuck link
those link chinks are a bunch of trasnvestite meth addicts in nail salons.

>>19041509
Classic /biz/ “buy the dip” mentality.

You buy the dip on solid companies that are profitable, not fucking airline stocks lmao.

>>19041509
I feel your pain op.. I bought USO 2 weeks ago

OP you alright I would prob go with JETS but DAL and LUV is good too.

RSI below 40 and sounds like you bought in maybe cheaper.


(See photo)

2.27x in 5 years or around 45ish% per year.
2008-2013

If you held longer of course gains would be alot more but general rule of thumb is sell at 70rsi or at least set trailing stop loss

Not bad for boomer investment

>>19041509
for the millionth time:
>sometimes things are cheap because theyre crap

actually OP should be smart in an ideal world since he almost bought the dip
in an ideal world, everyone would go back to flying in three months
but we're not in an ideal world and no one will be flying for years, therefore, OP is a bit retarded

Buy indigo airlines. Sell above 1000 rupees

>>19041509
Its clear it would be a long-term investment.
One day you will be glad you did.
Fir now, forget about it and DO NOT SELL AT A LOSS.