Wednesday, June 3, 2009
Some Trades I'm Thinking About Pulling The Trigger On...
AMR July 7 calls at .15 and JBLU July 5 calls at .25; I believe a probable cap on crude at 70, with the settling of prices towards the low 60s may be the final obstacle to these stocks "taking off." Cost structures have been dramatically lowered in the industry. Volumes and yields are poised to rise meaningfully; and H1N1 is out of the way..........
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