Wednesday, July 2, 2014
S&P rating, AAL, my article
*
Do we need any rating agency to give us rating after-the-fact? They
should warn us earlier. I can predict 100% correctly that we have a raining storm today
when I open the window and see one.
* AAL is my
biggest win not including those stocks I sold this year such as BSX and
CAMP... I bought LCC two times and they merged with AAL. Fundamentally
it does not score high and airline is not a good business when you compare the fare flying from one city to another 5 years ago. They need to
charge you every thing like Frontier Airline (to enrich me, the stock
holder :)). The next frontier charge is the rest room, a guarantee profit esp. for long distance traveling. Now I understand
why they call themselves "Frontier".
* If you have
not read my article 6 Signs of a Correction, please do so. It could be served
as a test on future detection. I included several signs that are not
important today, why I switched my IT career to investing and my challenge to our past heroes
Buffett and Peter Lynch that would surprise you.
http://bit.ly/1lq0whW
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