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Airlines get a boost as David Tepper (earlier) argues "the equity is cheap to everything," and...

Airlines get a boost as David Tepper (earlier) argues "the equity is cheap to everything," and the industry has the tailwinds of a strong dollar and "flat" oil prices. DAL +3.5%, UAL +1.2%, LCC +2.8%, LUV +2.2%, SAVE +3%.
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  • billmartin
    , contributor
    Comments (8) | Send Message
     
    Teppers fund held 9,818,965 shares of UAL as of last qtrs statement. He's talking his book.

     

    (by the way, he also has 13,603,495 shares of LCC. Two of his top ten holdings are airlines. It's not suprising that if Bloomberg is willing to point a T.V camera at him, that he's going to talk sunshine and rainbows about airline stocks.)
    22 Jan 2013, 12:14 PM Reply Like
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