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Non-Tech : Airline Discussion Board
JETS 24.70-1.5%Nov 6 4:00 PM EST
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From: Sam1/28/2021 7:59:13 AM
2 Recommendations

Recommended By
Moonray
OldAIMGuy

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AAL up over $25.50 right now premarket, from 16.56 close yesterday. And flying still higher it seems. At least, flying around. On over 23m shares!

Correction: over 27 now.

A bit of insanity on Wall Street. No doubt enabled by such low interest rates. Or even negative rates in Europe.

EDIT: one minute later, over 29. Clearly shorts trying to cover. Aaaannnnndddd it just briefly hit 30 before backing off. Incredible. 25% short interest on AAL, according to Bloomberg.

Second EDIT: But according to this site, Days to Cover on AAL is only 2.0.
shortsqueeze.com

Third EDIT: Just looking at many of the domestic airlines, they are all sharply up, although not as much as AAL. AAL is now "down" to $26 and change.
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