Well, just looking at it here's my analysis: LUV seems to be a pretty good pick. They seem to be on their way back up after having a really bad quarter. Don't expect this one to shoot off right away though. I think that they are gonna have some downward swing before they start going back up. Their estimates for the current quarter are down about 6 cents per share to 9 cents per share. But their estimates for the year are still well up from last year. Also, if you look at the way that their income is going they are heading up after a bounce off of a really weak quarter 2. In order for LUV to make any real upward progress we need to see some building volume. Volume has been around 4M a day and I think in order for it to surge up volume needs to build to around 10M a day. If the volume picks up I see the stock going to around 17.50-18.00 area. ATAHQ looks a lot less attractive to me. Gross sales are bouncing back and forth around 0. Net income is real consistently staying in the negatives. They are projecting an estimate of 5 cents per share for this quarter and then a huge estimate of around a dollar per share for the year. Quite honestly I don't see how they are getting those numbers. With their past performance there needs to be some pretty major news to make them even get out of the negatives, much less reach $1/share. The deal with Southwest Airlines looks to me more like death throes than a sound financial decision. Any investment in ATAHQ would be totally speculative.
Everyone needs a little luv!! j/k The airline industry is a bit risky. Most airline stocks should be shorted iMO.
what does "IMO" or "IMHO" mean?
IMO = In My Opinion IMHO = In My Humble Opinion