Last September I was bearish on Delta Airlines (DAL), saying “How quickly we get from something that looks enticing to something that looks like it came out of bankruptcy five months ago. Which, of course, it did. Bottom line, if you want to take a flier on an airline, I’d stick with one of the short squeeze plays. The majors still look like they can cause a major league stomachache.”
Earlier this month, I noted that I should learn to take the money and run , as three of my previously correct bearish calls had been bolstered by takeover rumors. With Delta now solidly back in the column of not making me look stupid, it’s time to call it quits on this call.
Shares in U.S. airlines plunged on Wednesday, with Northwest Airlines (NWA) and Alaska Air Group (ALK) dropping more than 10 percent, after JP Morgan cut its ratings on those carriers and several others due to recession concerns.
Since my original bearish article, Delta is now down 37.3%, compared to a 10.3% decline in the S&P 500 (SPY) over the same period. Although I didn’t take a financial position in the stock, I am figuratively closing the position. Before another greater fool comes along and tries to buy them out, I’m taking the money and running.
Disclosure: At the time of publication, William Trent has no financial position in the companies mentioned.
You select MBT Shoes to wear without reason because of its large charm. The health care of MBT Footwear is its advantage.MBT Shoes Clearance with soft and smooth surface is popular exercising shoes in daily life. Discount MBT Shoes can exercise your muscle to make you become the focal point in your office or other business occasions. MBT Shoes Cheap are made of high quality Nappa leather with a lasting effect. The natural unstability of MBTMasai Shoes compels the torso to keep body balance and stimulates small muscles around spine joint for a protection. As a fitness equipment, calledMedical Shoes,MBT Outlet can effectively exercise small muscles around joints, strengthen muscles strength, and burn more fat. your cheerful experience and exercise benefits when you are walking with MBT Sandals can effectively treat obesity. At the same time, MBT Womens Shoes heel with 5 centimeters height can make you look taller. Wearing MBT Walking Shoes can reduce the pressure on knee and hip joints. Now MBTpushes outall kinds of shoes such as MBT Lami, MBT Changa, MBT Kaya and so on.
Puma shoes has become the fastest growing sports brand. The answer just is go into Puma Outlet, and here you can discover variety of cheap puma shoes, and buy one pair of health Puma Speed Cat for yourself or your good friends. We will provide high quality and smile service. Our Puma store has been put the new design in the fashion design and living area with shoes, and PUMA Drift Cat is one of Mens Puma Drift Cat the world leading sport lifestyle companies that designs and Womens puma running shoes develops footwear, apparel and accessories. Puma online in sport and ends in Fashion. Plus on these stores, you will discover a great deal of great Nike puma shoes on the many styles of PUMA Shoes for Men.
You can select puma sneakers in bold mixture of colors, peerless and high quality sneaker fashioned with high-gloss overlays in different style and size. To end with, Puma shoes 2010 have that timbre to satisfy your every need. The variety is so huge, PUMA Shoes for Men can be taken from the gym to the city at night, as long as you know how to wear sports PUMA Shoes. Puma sale products are also popular within the running, motor sports, and sailing industries. Now puma sneakers are available in so much variety Womens Puma Drift Catand style that you can select your choice sneaker according to your preferences. These Puma shop for Women are available right now at select.
You can choose this Puma Shoes When you make shopping puma speed cat online, first you will choose the brands like puma sneakers sale that you are familiar with and through these familiar brands you are able to choose from sizes that you have worn in the past puma trainers on sale that you can order with ease when it comes to the sizes that have been chosen. When buying these shoes, you can easily find that shopping online can save money and becoming familiar with the puma ferrari shoes on sale can save time while shopping and reduce the times.
While buying Puma Speed Cat online, there are many ways that you can save money. To save much more time, later you can make interest in the discount puma sneakers online shopping.
When you google Airnike shoes Jordan shoes you will see how nike air jordanabounding assorted websites there are claiming toNike Kobe bryant advertise the latest and greatest Air Jordan shoes.?It may be annoying aggravating to acquisition an Air Jordan abundance that has nike dunk sba appropriate alternative of aggregatenike basketball shoes from Air Jordans to Jordan Melos andNike Air Griffey Max aggregate abroad you nike air force onewant.?In my acquaintance I accept begin Nike air max 90the best deals on accurate Air Jordans from website aucitons.?It's the best way to acquisition accurate Air Jordans and attenuate Air Jordans as well.?You will accept abundant success at an ebay abundanceNike Hyperdunk area you can acquisition Air Jordans you accept notnike shoes 2011 apparent in years.
Distinct designers focus on certain kinds of
christian louboutin outletas well as built up a reputation, good quality and style on that one shoe and because they are just plain specialising one type shoe they may persist with making footwear this provides the some of the best.Wonderful guidance for your
christian louboutin uk experience before purchasing top quality Louboutin boots, pumps...http://www.outlet-uk.net/
As a leading brand of Christian Louboutin shoes have entered the men's shoes for a long time, this new men's shoes, all black leather upper was covered with a rivet-like radiation of the same color, and before the difference is that the rivets are black, more steady More low-key. Of course, one of the characteristics as Christian Louboutin uk, which also used a pair of leather shoes red sole design attractive,Christian Louboutin sale save off 70%.http://www.sale-uk.net
Moncler uk is one of the most preferable brands for clothing as it offers various sorts of clothing for different season. The moncler Jackets products are mainly designed for the better fulfillment of the needs of the different. Moncler jackets are a good way to keep your fashion feeling alive in every season. When you wear warm and stylish Moncler jackets, you will can't help falling in love with confidence and personality that jackets .http://www.shopjacketsuk.com
MP4 Converter for Mac is an excellent MP4 Converter Mac which can not only convert MP4 to MP3, WMA, AAC, WAV, etc but also convert avi, flv, wmv, mpeg, divx etc to MP4 on Mac os x to enjoy your favourite video with MP4 converter mac os.
AVI to MP4 converter for Mac is the great helper to convert avi files to mp4 on mac with perfect quality and fast conversion speed. You can perfectly convert AVI to MP4 for mac with the mac AVI to MP4 converter.
FLV to MP4 converter Mac is an excellent flv to mp4 converter freeware mac , which can convert flv to mp4 on mac perfectly and quickly.The flv to mp4 converter mac is the best outstanding application in today's market.
WMV to MP4 converter for Mac is an excellent conversion software for Mac OS users to convert WMV to MP4 for mac, WMV to MP4 for Mac perfectly and quickly.
VOB to MP4 converter for Mac, an excellent conversion software, not only can convert VOB to MP4 on mac perfectly and quickly but also supports converting to iPod touch, iPod classic, iPod nano, iPhone, Apple TV, PSP, PS3, Youtube (web).
If you want to play the MPEG files with you MP4 or play other videos on your iPod, iPod touch, Apple TV, PSP, etc. you can free download the MPEG to MP4 converter for Mac and enjoy the powerful functions of it.
MP4 to MP3 Converter for Mac is an excellent Mac MP4 converter which can not only convert mp4 to mp3 mac but also convert MP4 to AAC, M4A, WMA, WAV, etc and other videos.
Data powered by FinancialContent.
All Rights Reserved.
Quotes delayed at least 20 minutes unless otherwise indicated.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
$8.981 (03/17/08)
