inthemoney

Watching the Airline Stocks

The airlines stocks are like DUG multiplied by 10. They trade 100% on oil without ay regard for the airlines business itself. I owned UAUA at $6, sold at $8 for a quick trade. The business is not viable as it is long term with $100 + oil. UAUA continued on to $14. Unbelievable. Every time oil moves $1, airlines move 20%.