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Author: mungofitch Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 14523  
Subject: Re: Jim: airlines Date: 1/29/2013 8:16 AM
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Don't know 'em well enough to say anything.
I have heard a few good things over the years, but not enough to put
them into the good bucket or the bad bucket.
The general rule for the industry is definitely stay away, Allegiant is
very unusual, but it's the majors that are worth shorting.
Legacy pension costs are horrible, union agreements are horrible, even
repeated bankruptcy hasn't helped some of them.

When I did this trade last year I shorted American too, but I can't do
that now because they went bust in the mean time!

Jim
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