Not sure you would call TWA a dead cat, but a wounded Cat yes
For some reason, the TWA thread is very slow.
Guess being a fortune 500 company that sells for apx.$7.25 a share and NOT some $0.40
company works against it here.
Seems everyone wants to talk about stocks under $5.00 or under $1.00.
TWA can be margined, a $1.00 can not be margined.
TWA trades apx. 400,000 to 1,000,000 shares a day, yet there are some stocks that are
thinly traded and have many post on them.
Go figure.
Maybe people have not woke up to the fact that Spring/ Summer is near, bookings are
going in now for travel during those luctrative months.
Winter is allmost over!
Winter is allways rough on airline stocks, therefor a good time to buy is near the end of
winter when the stocks are cheaper and before the stock price goes up from the good
Spring/Summer months.
Today, TWA was up only one day after reporting their BAD ( as is usual during thier winter
months )earnings.
In fact, the transportation average was down today yet TWA was UP.
I noticed looking at a chart on-line that compares TWA's stock with other airline stock, that
TWA 's stock is out performing the average there too.
This Prince buying 5% of TWA stock could become some really big news down the line. It
is reported that he has , in the past, bought into troubled companies and turned them
around. TWA needs someone who can do that!!
Walking wounded fortune 500 company that will do its yearly recovery!
Looks like its starting it now. Spring is in the air and the kitty is starting to meow! |
