ALK looks good at 70.
I expect it to go up 15% within 3 months.
1. I've been holding for a long time so I have a good feel for the bottom and where it bounces back to.
2. ALK is coming off of another record high quarter for like the 50th consecutive quarter. (Somewhat exaggerating).
3. P/E is ridiculously low for such a well performing company. Their usual P/E always hovers around 12-13, so it's due to rebound.
I know that I will say I told you so when the stock hits 80 soon, but I doubt you'll be here to respond.
Wow congratulations on ALK finally hitting the "bottom" again. This is a big deal, because in the last 3+ months it has been nowhere besides
below the "bottom" (as much as 20% below). I'm still here to respond if you'd like to say something.