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Pastimes : WSEA - off topic and general comments thread
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To: Investor2 who wrote (85)5/4/2020 7:20:31 AM
From: The Ox2 Recommendations

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towerdog

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Yes, it makes sense from "the oracle's" perspective. With the uncertainty facing the travel industry, it's better to be safe than sorry. Their financial statements are bloody awful and, as a group, they've been mismanaged. Even with "a swift" rebound from CV-19, a few of the companies may not survive (at least the current shareholders may not...). UAL and DAL only started in 2006 and AAL in 2013 - under their current corporate structure. ALK and LUV go back to the mid 80s, fwiw.
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