Alaska buying Hawaiian airlines.

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07-01-2024, 11:32 AM

#1051

MinRest

Mmmm wine

Joined APC: Feb 2020

Position: The Jet

Posts: 1,067

Quote:

Originally Posted by Singlecoil

Except for Hawaiian's stock price.

Oh wow. The public doesn't know, Alaska management doesn't know, HA management doesn't know, the DOJ hasn't made a decision yet, nothing has been made public, but somehow the stock market knows the answer?

Cool beans...

07-01-2024, 11:49 AM

#1052

rickair7777

Prime Minister/Moderator

Joined APC: Jan 2006

Position: Engines Turn Or People Swim

Posts: 40,016

Quote:

Originally Posted by Singlecoil

Except for Hawaiian's stock price.

Most of the big airlines are down a hair over the last couple months.

HAL got a big bump back in Dec, that's mostly holding. If the market thought that the merger was a no-go, you'd think the price would head back to single digits.

07-02-2024, 03:43 PM

#1053

GoodJet

Gets Weekends Off

Joined APC: Mar 2022

Posts: 669

Quote:

Originally Posted by MinRest

It's just gambling. The price reflects the sentiment of investors. Investors are often wrong. Except OTZ Eagle. He's never wrong.

07-02-2024, 05:59 PM

#1054

OTZeagle1

Gets Weekends Off

Joined APC: May 2018

Posts: 1,234

Quote:

Originally Posted by GoodJet

It's just gambling. The price reflects the sentiment of investors. Investors are often wrong. Except OTZ Eagle. He's never wrong.

Risk reward… investors are selling in risk off mode, most expected a settlement to have happened over the last few weeks. The longer we go the more risk off will likely take place. I know, I know you already knew that. My eyes tell me it’s going through, 80/20… you never know though. I’m just gonna make 75 million off ROKU! It’s easier money!

Last edited by OTZeagle1; 07-02-2024 at 06:31 PM.

07-02-2024, 06:02 PM

#1055

OTZeagle1

Gets Weekends Off

Joined APC: May 2018

Posts: 1,234

Quote:

Originally Posted by rickair7777

Not much to do with HAL… This is a pure arbitrage play right now. We get a settlement it goes to 17.10 overnight, DOJ moves to block it will move just as fast to 6.50!

07-02-2024, 06:30 PM

#1056

FL410

Gets Weekends Off

Joined APC: Oct 2005

Position: Furloughed

Posts: 657

I played the stock merger game with the Spirit and JBU merger. I was up $14k (I should have taken my money and ran) then the judges decision came out and ended losing $10K. I'm hopeful that the merger happens but I'm not touching the stock. Actually, I may go buy some Roku in the morning. Just sold some Tesla right before close so I have some winnings. Oh, I also sold Delta. I see a 10% correction coming by the end of August. Then I'll get back in.