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BuyToSell

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  • Merged American Airlines Offers Significant Upside Opportunity [View article]
    Very interesting article. Thanks for writing it.

    I have what is probably a 'newbie' question: what causes multiples to expand? From what I've been able to determine, they expand predominantly because buyers just conclude that a given stock is worth more and subsequently increase accumulation. In other words, it's based on a change in perception that results in a higher demand for the security.

    But are there other "external" (i.e. not sentiment-based) factors that cause or contribute to this effect?

    If not, what could potentially catalyze that change in perception and sentiment with respect to these undervalued airline stocks, aside from a campaign to educate investors in the great and overlooked value in them?

    Thanks again.
    Dec 15, 2013. 12:50 PM | Likes Like |Link to Comment
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