Month: January 2018

Airline nosedive $DAL, $UAL

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The last few days have seen dramatic price drops in airlines after United Airlines (UAL) announced better than expected earnings but shocked Wall Street with 4-6 percent capacity growths through 2020. UAL hit $80 plus after hours beating Q4 estimates of $1.31 with $1.4o, only to plummet nearly $15 by Thursday’s close.This is the same refrain in one or another version.  Airlines will go bust again. Prior to earnings, we debated internally about the large paper profits we have in both UAL and Delta but refrained from selling them because they are cheap on fundamentals.  UAL provided guidance.  They provided guidance … Read more

$XRAY Overreaction to Dentsplay Sirona two day mini rout

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I just got off the phone with an IR Rep at XRAY. He believes the stock decline is due to the non-appearance of interim CEO, Mark Thierer, at the JP Morgan Healthcare conference. This is true, according to my read of the JP Morgan notes from the event. However, I’m not worried. Mark bought $5.1 million of stock in November and the CFO Alexos bought $3.1 million too. He said the board has a fiduciary responsibility to pick the best CEO. That’s a given. XRAY is an outstanding company, a leader and pioneer in 3D modeling in dentistry.  I am … Read more

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