Tempted to buy DAL! Pros/cons?

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For a second I was like: “You can’t buy an airport, right? I know love field isn’t in great shape, but still...”

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Pros: could make money
Cons: could lose money

Individual stock picking is like gambling; good luck

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It hovered around $23 most of April. The recent run-up was wiped out in three days, only partially due to Buffett's announcent this weekend, but not necessarily a bargain even at $22. I have some, and might buy more, but it is far from a sure thing.

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I have a limit order on DAL for a few shares at 21$

I’ve made about 25% return off the volatility of DAL, UAL, and AAL.

Worst case I’m stuck holding onto them in my smaller self controlled IRA, but currently up about 25% buying dips and selling the resurgence that occurs weekly.

Bought back in again, late Friday, which appears to be a day to early, but will ride it back up, wash and repeat.

I just buy the stocks themselves, don’t get into the calls/puts

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Additional Posts in Personal Investment Chatter

is it better for me to invest in the stock market through a brokerage right now, instead of increasing my roth 401k?

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Lot of fear in the market right now (understandably so). The situation in Ukraine is awful and the potential consequences are scary to think about.

There are some who want to sell in fear of their investments falling further. Do not do this. Hold and continue to buy more. Continue your 401k contributions, and add whatever you can afford after every paycheck into your brokerage. Those who sold the covid crash were often late buying back in.

This is the dip you're worried about.

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Stock market is like life, full of ups and downs.
In the hope of market going down maybe not to the March lows but close enough for me to buy.

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