Varchild Re-Iterates Strong Buy Rating on Airtran Holdings
June 02, 2009
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RELATED TICKERS: AAI.DL
(AAI) is Flying HIGH today. Nice lift yesterday as well. Looking good to go back to a $6 handle.
I recommended Airtran Holdings just below $6.50 a share. It dropped like a rock for no reason after I recommended it... So I went and lifted by Buy rating to a Strong Buy....
And today? I get vindicated! Up a cool 9.48%!
I love the airline company... I DON'T LOVE the Airline business. But, it's not about sector.... It's about company... and if you have personal experience with a company.... and nothing but OMG all around...
Ya know.. like my OMG!!! Factor.. When I walked into a Skecher's store???? And I kept seeing people buying Skechers???
Seriously (SKX) = $12.00 a share at least after they report earnings... I took a vacation to Las Vegas and kept seeing more people walking around with Skecher's shopping bags.
Put it simply.... I am not always right on a call.... I can be horribly wrong.. Like my Hot Topic call which was pre-mature..
But..... I am starting to think I should open up a position on Airtran now...
People who are scared of DEBT need not be... Share price has moved enough for the company to issue a Secondary if they need to.