AAL Long for the future?!
Updated
All the analysis is saying that until june we should go long in hopes for a profit, which I would agree with. However let us look at the bigger picture - as this can go very good or very bad.
If the virus does go on for longer than the summer and until December, the US economy (in my opinion) will not be able to bail AAL, as they simply won't have the cash or they will have to focus on other things to bail out.
However, if restrictions are removed and the economy does start to shown signs of a comeback, a long from now on could be the best option as even though they may about to go bankrupt; the USA could bail them out. IF!!!! This virus does not go for long.
Do not use this as investment advice. This is just to help guide you if you are investing in AAL, but do not use this as your final decision to invest.
Invest carefully and hope ypu all stay well!
If the virus does go on for longer than the summer and until December, the US economy (in my opinion) will not be able to bail AAL, as they simply won't have the cash or they will have to focus on other things to bail out.
However, if restrictions are removed and the economy does start to shown signs of a comeback, a long from now on could be the best option as even though they may about to go bankrupt; the USA could bail them out. IF!!!! This virus does not go for long.
Do not use this as investment advice. This is just to help guide you if you are investing in AAL, but do not use this as your final decision to invest.
Invest carefully and hope ypu all stay well!
Comment
Just an update, 1 day in and we can see that ALL has risen by over 0.75 points. Let us hope this thing can rise to 15!Comment
Well, look at this! 18.5 points! I recommend if you want some nice easy profits cash out now.Comment
There we go!Disclaimer
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