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Tom Armistead » Comments » ALGT

  • Allegiant Travel: Not Your Typical Airline Stock [View article]
    Alan, I saw your stock talk where you were perplexed, read this article and looked at the latest earnings and guidance. This is bizarre the amount of short interest on a low or no debt situation, even if it is an unhedged airline.

    I am starting to wonder if the heavy volume on days the market goes down is more about short-sellers than profit-takers.

    1Q 10 guidance sounded like 7%, if that's the growth going forward its still respectable and deserves more P/E than this is getting. I am going to take up a starter position today and see what happens.
    Oct 30 08:21 am |Rating: 0 0 |Link to Comment
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