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The Company is a leisure travel company focused on linking travelers in small cities to world-class leisure destinations such as Las Vegas, Nevada, Orlando, Florida and Tampa/St. Petersburg, Florida.
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EnochRoot (99.78) Submitted: 6/12/08 2:24 PM : Start Price: $20.70 ALGT Score: 107.84
Huge capacity cuts are coming one way or another. In this basket trade I am fully expecting at least 2 90% losses, but believe they will be more than overcome from the upside to the survivors. If, as I suspect, oil and jet fuel spreads give up a moderate portion of their current levels, the upside is quite large for the whole basket of airlines and the 1 or 2 expected bankruptcies may actually be avoided.
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