Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

Time to buy Airline Stocks?

Discussion in 'Ask any question!' started by The_Duke, Mar 20, 2020.

  1. The_Duke

    The_Duke New Member

    Joined:
    Mar 20, 2020
    Messages:
    1
    Likes Received:
    0
    Hey noob question here- So the airline stocks have been slashed by more than 50% and will probably go lower. Warren Buffet has been increasing his stake in Delta (good sign), and there is talk of a government bailout. So the question is- does anyone know what happens to shareholders of common stock when a bailout happens? Do their shares get affected in a negative way such as when a company files chapter 11 bankruptcy?
    I'm eyeing Delta and United, but given their history of bankruptcy, im gonna wait till a bailout is set. Thanks in advance
     
  2. Harry Potter82

    Harry Potter82 New Member

    Joined:
    Wednesday
    Messages:
    2
    Likes Received:
    0
    In my opinion United Airlines is pride of USA. So i think Trump administration won't let it go to bankruptcy. Even if it goes in that direction it will be mostly restructuring and at the most an quarter of negative to no-growth from here. Southwest is also good company. But do your own due diligence.
     
  3. Syynik

    Syynik Member

    Joined:
    Aug 7, 2016
    Messages:
    67
    Likes Received:
    38
    LUV. Southwest Airlines.
     
  4. JaysonW

    JaysonW Member

    Joined:
    Jun 24, 2016
    Messages:
    41
    Likes Received:
    12
    But almost all the airlines have SO much debt. I would steer clear if I were you. If you really feel this is where you want to be, go with Syynik's rec and go with LUV.
     

Share This Page