The momentum of the stocks themselves is attracting attention.
More Quotes from Jim Corridore:
You pretty much need to back out that 5 cent credit they're talking about and say they lost 10 cents for the quarter.Jim Corridore
That would certainly go a long way to helping the company, ... Labor costs are the biggest bucket they can attack. The government might be more willing to help with this level of cuts. Even with DIP financing, they're going to face a liquidity problem. They could use those loan guarantees.
Jim Corridore
I don't there's enough reason today to buy the stock, given the horrible straights the company finds itself in, ... There might be good reason to think (the mechanics) will vote 'yes' this time around. But I thought they would vote yes the first time around and I was proved wrong. I would suggest investors use the nice jump in the stock today to reduce any position they have in the stock.
Jim Corridore
I think it's still a possibility they may have to file for bankruptcy. These agreements certainly help. It's good news for the company. But American has a lot of problems, and this only partly addresses the problems, especially given the sharp downturn in travel during the war.
Jim Corridore
The stock is up slightly today as the uncertainty of strike is lifted from the company. United really had no choice but to accept the PEB findings. They couldn't survive a month with a strike. But guaranteeing 37 percent wage hikes is only going to weaken a company that is already weak.
Jim Corridore
The time to get into these stocks is when things are still poor .We've already seen that. More gains might be tough to come by.
Jim Corridore
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Based on Topics: Attention QuotesI made over forty Westerns. I used to lie awake nights trying to think up new ways of getting on and off a horse.
William Wyler
Writing is learning to say nothing, more cleverly each day.
William Allingham
I get just as much of a thrill out of constructing a good sentence that gets a laugh at the end as I do from a joke.
Julian Clary