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is a 5-10% appreciation in crude from operating in the red once again. Amazing how it is taking oil futures gains in stride.
For a company so inundated in debt. I would expect much more sensitivity.
Loan growth up, jobs improving, I don't see how inflation and crude doesn't follow.
And they want to re-lever to make an acquisition...that is a good one. I am long puts.
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Delta Air Lines, Inc.
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