Submitted by Accomplished_Suit651 t3_10m6vz6 in wallstreetbets
Southwest Airlines lost $800 million due to holiday travel meltdown
Comments
TopOk4039 t1_j619zp7 wrote
The market can remain irrational longer... you know the rest
T0asterFork t1_j61e4bm wrote
Longer than 4 hours you should see a doctor? Got it, calls on blue pills
reddig33 t1_j61ezm4 wrote
People who love a bargain don’t give a shit about customer abuse. See also Spirit Airlines.
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bradadams5000 t1_j61cgkh wrote
I think people feel the airline business is on an upswing and they feel that Southwest will do ok moving forward. I'm not airline business fan myself and don't have any airline stocks.
AcceptableEnd8715 t1_j61lthx wrote
Another example of the absolute idiocy that the current market is moving in. There’s no following fundamentals or even TA. it’s just a shit show
AcceptableEnd8715 t1_j61m4ie wrote
Idk if y’all fly a lot or not; i used to fly pretty regularly like once a week at the MINUMUM for several years. I would petty much do ANYTHING I could to ONLY fly JetBlue domestically. Idk how any of these other airlines are making any money with the way they treat their customer base. It blows my mind
CubbieCubCubCub t1_j61nzii wrote
I also think Alaska is pretty good too
Casualredum t1_j61pjx3 wrote
Because the market does the opposite. Check this out, it’s simple. Let’s say you want to buy calls. Yet you should have done the opposite and bought puts. Same for company. When a company does good. It drops likes a turd. Aka fucking your calls. When the company does shit. It goes up. Aka fucking your puts. It’s simple as that.
Melodic_Fee5400 t1_j62x026 wrote
Because the biggest rugpull ever is coming
gamesexposed t1_j61aiig wrote
Not a problem when the government will just print you some money and bail you out