Airline stock discussion

[fenders53]

(03-21-2020, 08:21 PM)vbin Wrote:

(03-21-2020, 08:18 PM)fenders53 Wrote:

(03-21-2020, 08:07 PM)vbin Wrote: You will get DAL in single digits if you really want to buy. Wait and watch.

And XOM will cut their dividend and go to the teens.  Wait and watch.  I can make up numbers too.  Not sure it's useful though.  My crystal ball isn't as reliable as I'd like.  I'm sure of that.

I would be happy if that happens and buy more. XOM is a 10-20 years bet for me. It's all over the wall for airlines.

PS: that don't have as strong balance sheet as XOM.

This thread is about airlines.  Sorry I mentioned that.  You haven't looked at DAL balance sheet.  Until Armageddon their dividend was covered pretty well.  P.S. XOMs wasn't and still isn't. Hopefully the 20 years will be better than the last 20.