Copa Holdings, S.A. (CPA) - Releasing Continental from Lockup - Zachary Scheidt

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Copa Holdings, S.A. (CPA) - Releasing Continental from Lockup
May 19, 2008 03:17 PM UTC

Zachary Scheidt

Return	Risk
-6.51%	MID

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Symbol	Sentiment	Start	Return	Closed
CAL	n/a
CPA		05/19/08	+19.30%	--

Via ZachStocks:

Investors in Copa Holdings, S.A. (CPA) may have noticed an unusually high volume spike on Friday, May 16th. The abnormal trading pattern was a result of Continental Airlines, Inc. (CAL) liquidating the majority of their remaining position in the stock. The block was offered to investors at $35.75 and it was encouraging to [...]

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christi

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1 point commented 536 days ago reply

hi zachary, thanks for this stock tip!

The chart here does look kind of scary though:
http://zachstocks.com/wp-content/uploads/2008/05/cpa-chart.gif

Seems it might very well get stuck at the $35 range for the foreseeable future. you really think it has the chance to steadily rise back up?

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