4 ms·

Would airline stocks be finally profitable? Asking as a bag holder.

londons_explore 5y ago
Airlines are making a lot of money in freight right now, yes.
compress_stock 5y ago
your best hope is that this story picks up steam and a bunch of unsophisticated investors think it’s a hidden nugget of gains, and then you have to avoid falling for the hype yourself. sell the moment you’re in profit.
- elefanten 5y ago
  The story of 2021, brought to you by Gamestop
  - scoopertrooper 5y ago
    Oh, we're going to squeeze those short sellers so hard. I don't care if they've already closed out all their positions, at this point it's the principle of the thing. Next stop omega squeeze!
- hanniabu 5y ago
  Ah yes, the greater fool
- geoduck14 5y ago
  >your best hope is that this story picks up steam and a bunch of unsophisticated investors think it’s a hidden nugget of gains, and then you have to avoid falling for the hype yourself. sell the moment you’re in profit. So... Definitely yes?
mastax 5y ago
> The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down. — Warren Buffett, in the 2007 Berkshire Hathaway shareholder letter (Though this is relevant more to a value investor than to a speculator)
- lotsofpulp 5y ago
  US Airlines did well in the last decade compared to prior times due to finally having consolidated into sufficiently few airlines. Until the pandemic of course.
- hef19898 5y ago
  Airlines, or every single Softbank venture.
baq 5y ago
once oil goes back to somewhat sane prices, maybe. currently airlines face cost pressure from fuel prices inflating and wages inflating - and covid is far from done, though hopefully we're in the second half now.

Airlines are making a lot of money in freight right now, yes.

your best hope is that this story picks up steam and a bunch of unsophisticated investors think it’s a hidden nugget of gains, and then you have to avoid falling for the hype yourself. sell the moment you’re in profit.

elefanten 5y ago
The story of 2021, brought to you by Gamestop
- scoopertrooper 5y ago
  Oh, we're going to squeeze those short sellers so hard. I don't care if they've already closed out all their positions, at this point it's the principle of the thing. Next stop omega squeeze!
hanniabu 5y ago
Ah yes, the greater fool
geoduck14 5y ago
>your best hope is that this story picks up steam and a bunch of unsophisticated investors think it’s a hidden nugget of gains, and then you have to avoid falling for the hype yourself. sell the moment you’re in profit. So... Definitely yes?

mastax 5y ago

> The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down. — Warren Buffett, in the 2007 Berkshire Hathaway shareholder letter (Though this is relevant more to a value investor than to a speculator)

lotsofpulp 5y ago
US Airlines did well in the last decade compared to prior times due to finally having consolidated into sufficiently few airlines. Until the pandemic of course.
hef19898 5y ago
Airlines, or every single Softbank venture.

baq 5y ago

once oil goes back to somewhat sane prices, maybe. currently airlines face cost pressure from fuel prices inflating and wages inflating - and covid is far from done, though hopefully we're in the second half now.