BOUEY TAH FLYING DEB!! ~ AAL 45% Upside (Detailed Idea)Bears Dr. Fauci is no Longer in the Main Stream media! Time to Bear on something else, Tech maybe for political drama !?
NASDAQ:AAL performed the worst between other American Listed Airlines in 2020.
Given the Jerome Powell Printing BRRRR or Inflation where more and more people are looking towards Risk On Assets in a cheap interest rate environment where a leap of new capital pushing the markets to newer highs.
The 2019 28$ Traded Stock is at least in my opinion only, should be back at 30$ valuation post COVID.
TSA reported that Holiday season showed a 50% drop in passengers which brings us to todays on the money traded price at 15$.
Countries have started running out of vaccines to administer and others are speculating that "The Back to Normal" is this Summer even if vaccines are not rolled fully where businesses are no longer quite around the world on beaurocratic intervention in the markets without stimulus such as movie theaters, barber shops restaurants on main street.
AAL 22$ Valuation is justified as this is a price we have seen AFTER COVID just 6 months back.
Today we got vaccines being announce in many countries, one with cheese and the other with barbeque sauce ... some countries are offering their people to choose which vaccine to take The US Pfizer / UK AstraZeneca / Chinese Who Cares! ...
Back in Q3 we have seen a proliferation in the amount of bookings and sales through Royal Caribbean Cruse lines, Norwegian and Carnival Cruses while hotels are have shown much better improvement in bookings and restaurants are back to business now.
Yes UK with their problems and updated virus woes to keep big pharma liquid is normal.
Note:~ I/We have a large position in AAL American Airlines 15.68, which by the way is cheaper than what directors purchased their shares in February 2020 which was around 25 - 18$.
