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Old 12-01-2011, 09:52 AM
  #82121  
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Jamie Baker is out of his mind. Wonder if anyone remembers his $8 price target for AMR?
WASHINGTON (MarketWatch) -- Investment firm J.P. Morgan raised its financial outlook for airlines on Thursday following the decision by American Airlines parent AMR Corp. AMR +21.84% to reorganize under bankruptcy. "We are modeling for a 10% AMR capacity cut, which is expected to divert 6%, or about $1.4 billion of revenue," the firm said in a note to clients. "This equates to 1% to 3% revenue improvement per competitor in 2012." J.P. Morgan raised the 2012 profit outlook for US Airways LCC +7.63% to $2.26 a share from $1.72, and a new price target of $12.50; United Continental UAL +8.01% 2012 EPS was upped to $6.97 a share from $5.71, with a price target of $45; and JetBlue Airways JBLU +8.01% EPS was raised to 60 cents a share from 39 cents, with a price target of $9. The price target for Delta Air Lines DAL +5.60% was raised to $17.50.
Don't get me wrong, I'd love for any of that to be true. It is just that Jamie forgets the reasons AMR went bankrupt and that other market trends encapsulate the real world that airlines' customers live in. If our management said this Eliott Spitzer would move his base of operations to the Pink Pony, run for Solicitor General and throw Ed Bastian in jail.

Wall St. has not common sense or accountability ... this proves it.
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Old 12-01-2011, 10:03 AM
  #82122  
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Originally Posted by Bucking Bar
Wall St. has not common sense or accountability ... this proves it.
What this proves is that Wall Street writes nice things about its big customers. .. to the detriment of common investors who rely in their so called "guidance."

Jamie doesn't expect Delta at $17:50. He expects his year end bonus. That's the problem the 99% have with the 1%'ers. They lie.
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Old 12-01-2011, 10:06 AM
  #82123  
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I wonder if the LOT crew will have to give their medals back and relinquish their hero title status. I guess that CB could have popped when they attempted to use the ALT GEAR EXT system. Hmmmm As Judy Tenuta would have said, “It could happen.” I’ll bet they wished they had checked the CB’s. System knowledge. That is probably the first serious incident/accident we’ve seen since everyone’s training has been dumbed down to almost zilch.
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Old 12-01-2011, 10:11 AM
  #82124  
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So for those of you who park at Marta, wife's coworker had their catalytic converter stolen while parked their. Cops said it's happening there frequently but Marta police won't let them set up cameras.

Pretty hard core.
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Old 12-01-2011, 10:14 AM
  #82125  
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Originally Posted by Jabberwock
What this proves is that Wall Street writes nice things about its big customers. .. to the detriment of common investors who rely in their so called "guidance."

Jamie doesn't expect Delta at $17:50. He expects his year end bonus. That's the problem the 99% have with the 1%'ers. They lie.
Just to keep it in perspective, if you make I believe $34,000 you're in the top 1%... of the world. We live in a country where we out drinking water on our grass and make houses for our cars.

When it comes to money, don't trust anyone Whether they're 1%, 10%, 50% or 99%. Especially Warren Buffet, man wants you to pay more taxes and owes back taxes and now owes hundreds of millions in Netjets taxes and doesn't want to pony up.
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Old 12-01-2011, 10:18 AM
  #82126  
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Originally Posted by Jabberwock
What this proves is that Wall Street writes nice things about its big customers. .. to the detriment of common investors who rely in their so called "guidance."

Jamie doesn't expect Delta at $17:50. He expects his year end bonus. That's the problem the 99% have with the 1%'ers. They lie.
I was with you until the last sentence. Nearly every business person lies to increase their wealth. We live in a corrupt world and it is universal to anything to do with money. It has nothing to do with the stupid 99%/1% thing.
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Old 12-01-2011, 10:25 AM
  #82127  
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Originally Posted by forgot to bid
So for those of you who park at Marta, wife's coworker had their catalytic converter stolen while parked their. Cops said it's happening there frequently but Marta police won't let them set up cameras.

Pretty hard core.

My buddy who owns a junk yard sells every catalytic converter to one guy for $150 per. Every one. He told me yesterday that if you want him to fire you, all you have to do is steal a catalytic converter.

I was in there asking him about a catalytic converter yesterday for one of my mr2s - it got stolen and the cheapest one on ebay was $400. I bought a header and downpipe instead - price with delivery $96.
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Old 12-01-2011, 10:32 AM
  #82128  
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Originally Posted by scambo1
I was in there asking him about a catalytic converter yesterday for one of my mr2s - it got stolen and the cheapest one on ebay was $400. I bought a header and downpipe instead - price with delivery $96.
Regret selling my completely stock MR2 this year. We moved and I no longer had a "house" to put it in.
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Old 12-01-2011, 10:38 AM
  #82129  
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Originally Posted by Bucking Bar
Jamie Baker is out of his mind. Wonder if anyone remembers his $8 price target for AMR?Don't get me wrong, I'd love for any of that to be true. It is just that Jamie forgets the reasons AMR went bankrupt and that other market trends encapsulate the real world that airlines' customers live in. If our management said this Eliott Spitzer would move his base of operations to the Pink Pony, run for Solicitor General and throw Ed Bastian in jail.

Wall St. has not common sense or accountability ... this proves it.

Bucking Bar,

The simple solution is to never listen to anyone's price targets. Analysts predictions are usually BS. Once in a while, they get lucky. If you learn how to read an option chart properly, the option market will tell you what is probable. It's just not that difficult. Don't waste your time on these guys.
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Old 12-01-2011, 10:39 AM
  #82130  
seeing the large hubs...
 
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Originally Posted by 80ktsClamp
Well my rotation for later today just No op'd.

Back to standard short call position I go.

I thought it was a pink thong when we're on short call. I gotta look it up in the PWA, but that's a big contract!
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