Hawaiian Holdings, Inc. (NASDAQ:HA)
A holding company, which provides air transportation service to, from and throughout the Hawaiian Islands.
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The inter-island airfare wars are over, and they can now charge $60 per ticket rather than $10. They have a fuel hedge, albeit a modest one. They were able to handle the traffic from Aloha and ATA with aplomb.
Current ticket price$ to Hawaii: lowest (ironically) from HA at $400; many at $700; and this is the OFF season. Just wait: people start thinking of Waikiki for Christmas, gas prices moderate a little, they get used to the horror of the mortgage-meltdown, and consumer confidence starts to go up. They discover very few seats available, and almost a grand at that. CH-CHING$$$.
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can anyone say monopoly?
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I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!
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The now own the Hawaiian market.
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With Aloha Air filing BK and stopping all flights this leaves HA set to outpreform. Capacity is up to 88% and rated number 1 on time!! All this stock needs is a drop in oil and it will skyrocket!! The clear winner in airline stocks and a must buy!!
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After several months of relatively steady preformance, Hawaiian Holdings has been on a solid rise that may top out soon but they should continue to have above average preformance for at least a couple more months.
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The recent closure of Aloha Airlines on April 1st, coupled with the pending unrest of Mesa's potential "bankruptcy" leaves Hawaiian Airlines as the front runner for local inter-island travel. Additionaly, the closure of ATA fueled the mainland bookings for Hawaiian Airlines and the overflow of business will continue well into summer.
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It has many things going for it. limited competition. 80 Million in a bond. Takeover target. Great marketing and PR department. One of the best CEO's in the industry.
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I expect this stock to exceed new 52 wk highs.
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As of close of business on 12/04/2007, this was a 1-star Morningstar stock that was trading at more than double it's Morningstar fair value.
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Baby it's cold outside
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low cost provider. When price wars end, this carrier will double
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Growing and going!
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Over-extended here, should pull back while market advances.
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Oil prices decreasing. New jets acquired to expand operations. Falling dollar and global political concerns mean more Americans vacation in the U.S. One of the best run airlines and great load factor statistics.
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