If we get back into the 70s and stay there it obviously throws our model.
More Quotes from Jim Corridore:
It's a huge step for the company today.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
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
I know there's a lot of investor interest in United. They've done a lot of hard work in bankruptcy. It remains to be seen whether their costs are low enough.
Jim Corridore
Obviously oil backing down a little today allows investors to focus more on the relatively strong earnings performances last week.
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
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