Diligent_String1966 t1_j2995x5 wrote on December 30, 2022 at 3:58 PM

Reply to comment by OhNoNoNoAveMaria in Why the F is Southwest mooning when the entire market is down? They literally lost like 2 billion dollars or more in the past 8 days. by OhNoNoNoAveMaria

Lol, when has the airline industry not gotten a bailout when truly needed?

FlyPenFly t1_j29afip wrote on December 30, 2022 at 4:07 PM

TWA, PanAm, etc long list of individually failed airlines.

When an entire industry is threatened, govt intervention much more likely.

OhNoNoNoAveMaria OP t1_j299z2i wrote on December 30, 2022 at 4:04 PM

I understand why they would bail out the industry as a whole, but this is just one company, with a very negative image right now. Every other airline is fine and running smoothly, so it would look pretty ridiculous if Pete Butt Plug swooped in and bailed out one company for fucking up massively on it's own accord.

[deleted] t1_j29caz8 wrote on December 30, 2022 at 4:19 PM

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joevan55645 t1_j29dc22 wrote on December 30, 2022 at 4:26 PM

But that's the thing, if you have been short this stock for a few weeks. That's an absolutely terrible headline. You're up quite a lot on your short. The momentum was strongly to the downside. These are all things I would notice for a cover.