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Buy United stock now (IMO)

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Post by Clueless Sun Apr 16, 2017 8:57 am

United stock (UAL) has crashed, but the public has a short memory and United is not going out of business.

In the last five days, it has gone from a high of 72 and closed Friday at 69.

In my experience and opinion, United stock will pull back up within the next 6 months to a year.

IMO, good investment.
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Post by CanuckBob Sun Apr 16, 2017 9:28 am

I would agree with you if it fell a whole lot further. 2% is a mere blip. 20% would be worthy of the risk although IMO all airline stocks are risky.

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Post by Intercasa Sun Apr 16, 2017 10:23 am

Yes invest 34,500,000USD and buy at 69 and when it goes up to 71 sell and youve made a million dollars! Well maybe subtract commissions and fees. Im sure lots of people lakeside appreciate know the secret to being millionaires and will be soon pushing the price back up with their multimillion dollar investments in United stock.
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Post by rvanparys Sun Apr 16, 2017 10:25 am

Want to become a millionaire in Mexico? Start with two!

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Post by RoyD Sun Apr 16, 2017 2:19 pm

I agree with C-Bob. It is not a crash, just a small dip. Not worth the hassle.

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Post by CanuckBob Mon Apr 17, 2017 7:52 am

In realistic terms....a $100,000 makes you 2K after a year or so. I can do way better than that.....

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Post by slainte39 Mon Apr 17, 2017 10:49 am

Anyone who would invest in UAL stock is "clueless"...... Very Happy

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Post by CanuckBob Mon Apr 17, 2017 3:38 pm

slainte39 wrote:Anyone who would invest in UAL stock is "clueless"...... Very Happy

Or already owns a whole shitload and is trying to prop the price back up.......jaja.

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Post by Clueless Tue Apr 18, 2017 8:58 am

I was thinking a long time ago when eBay was hit with some massive lawsuit and the stock dropped deeply, as I recall, more then 20%.

I told one of my friends I would bet to buy and within 6 months, the stock would come back. He bought a very large amount of stock.

Well, I was wrong. Within 45 days, eBay had come back up and he made a pot of money that he didn't need.

I also use to follow pharmaceutical companies, and when something they were working on went into second phase clinical trials, I bought big. Over all, when the meds were approved, the stock went up and a good profit was made.

Although once I fell for a "Pump and dump" and got burned.

Too much of a roller coaster now.
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Post by Trailrunner Tue Apr 18, 2017 9:18 am

Isn't the stock market considered a 'long term investment'? At my age, I don't think that's applicable!
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Post by islandiver Tue Apr 18, 2017 9:57 am

Trailrunner wrote:Isn't the stock market considered a 'long term investment'? At my age, I don't think that's applicable!

You would have to make more than the Mexican inflation rate 5% per year just to stay even like cbob does ja ja ja. Eh 5%

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Post by CanuckBob Thu Apr 27, 2017 4:58 pm

This article looks relevant to the conversation.

http://www.msn.com/en-ca/money/companies/warren-buffett-hits-turbulence-betting-on-airline-stocks/ar-BBAs2EL?li=AAgh0dA

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