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| eamoses |
 Posted: Thu Oct 02, 2008 5:45 pm Post subject: DAL or NWA |
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Investing Manager
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Don't forget to jump onboard before the merger. Lately both have been great trading stocks catch around 7-8 and sell around 9-10. DAL plans to convert NWA shares into 1 and 1/2 DAL shares, so if you can pick a few NWA around a price of 7-8 you get a real bargain. Merger should close probably around Dec or Jan. With oil prices continuing to drop these should do fine.
DAL did already lock in their price, but that will expire soon. By that time oil should be a nice price for them. This merger will make them a major player in continental and international service. Look for them to dominate the sector. |
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| Staggs |
| Posted: Tue Oct 07, 2008 12:53 pm Post subject: |
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Investing Sr. Associate
Joined: 19 Jun 2007
Posts: 183
This Month: 10
Location: Wisconsin
6505.02 e$
Net worth: 25,085.02
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| Thanks for the info, I will be sure to look into this further. |
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| eamoses |
| Posted: Tue Oct 07, 2008 3:19 pm Post subject: |
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Investing Manager
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| I would wait for the market to recover some, but you can catch NWA on some good prices around this time. Just remember that these will turn into DAL stocks with the merger. Plus you'll have 50% more shares than you started, though I'm not going to promise that will mean any more money. |
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| eamoses |
| Posted: Sat Oct 11, 2008 1:27 pm Post subject: |
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Investing Manager
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If your watching these, be prepared to buy in. They are still doing great at this time- considering the slowdown and all. Oil prices have dropped- though it will take a while to figure it, since they locked in prices just above 100 a barrel. Their cost has plunged with the rest of the market, but they have not had any major concerns with their own operations. Their price drop has been directly related to a simple panic in the market. They even closed up this Friday. I would keep some cash handy to watch for the recovery of this stock. It should roar back sometime soon, don't miss out on the ride back.
If possible I would take advantage of the extremely low NWA prices, they tend to go higher than the DAL on average, and with the merger with give you more shares, could be a win-win. |
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| eamoses |
| Posted: Mon Oct 13, 2008 5:00 pm Post subject: |
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Investing Manager
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| Well these two lead the airline rally today. I'm still hoping for an 11 or 12 finish around Dec. NWA might be slightly higher than that but won't matter when it switches over, just good if you can catch it at DAL prices. |
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| eamoses |
| Posted: Tue Oct 21, 2008 4:48 pm Post subject: |
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Investing Manager
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| Well at this time I'm still swing trading this one, buying at 6 and 7, and selling at 10... I actually sold a small position at 10.15 today, lucky too- it only went as high as 10.25 before settling back down in the nines just before close today. If I can catch another 6 to 7 price I will rebuy my position here, if not I'll just hold the rest till the merger, still looking for an 11 or 12 sell price... |
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| eamoses |
| Posted: Thu Oct 30, 2008 12:26 pm Post subject: |
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Investing Manager
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Well the merger completed... if you had any nwa shares then you did pretty well, especially if you sold them today at DAL price- hope some others took my advice on this one. If not then too bad. At this point I have closed out my DAL positions-- I might by some more on swing trades, but the big reason for these trades are over now.
I need one of the moderators on here to convert my NWA shares into 1 and 1/2 DAL shares... Thanks. |
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| bst5017 |
| Posted: Thu Oct 30, 2008 12:43 pm Post subject: |
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Investing Sr. Associate
Joined: 27 Oct 2008
Posts: 50
This Month: 35
34020.02 e$
Net worth: 53,270.02
Portfolio Value: 19,250.00
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Trades this month: 22
Churn Rate: 151.26%Items
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| good job easmoses, sounds like you made out. I just recently joined the site so I missed all your posts...but that is somethig I def. would have looked into..thanks for the info |
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