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Stock to avoid #1 -- Delta Airlines (DAL)

 Jul 18, 2009 02:00 PM UTC
Return Risk
+46.05% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
DAL Negative 07/18/09 -27.14% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Oil, Delta Air Lines (DAL), Stocks to Sell

delta airlines stock, DALI take my absolute return approach to a deeper level by periodically buying and selling positions during the year. In late February, I suggested that investors cover the short position of Delta Airlines (NYSE: DAL) at $6.35 per share.


In my last update of the stocks on this list, I suggested that I would still be a seller of Delta. Shares of Delta did indeed lose value over the last three months. This move coincided with a blast in oil prices. Airlines are already struggling with a weak economy and excess capacity. Rising jet fuel prices make matters worse.


Continue reading Stock to avoid #1 -- Delta Airlines (DAL)

Stock to avoid #1 -- Delta Airlines (DAL) originally appeared on BloggingStocks on Sat, 18 Jul 2009 09:00:00 EST. Please see our terms for use of feeds.

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