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Fidelity Sells Large Stake In US Airways  
User currently offlineTUNisia From United States of America, joined Aug 2004, 1844 posts, RR: 5
Posted (7 years 1 month 1 week 5 days 15 hours ago) and read 2338 times:

http://charlotte.bizjournals.com/cha...te/stories/2007/07/09/daily21.html


Someday the sun will shine down on me in some faraway place - Mahalia Jackson
4 replies: All unread, jump to last
 
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5652 posts, RR: 24
Reply 1, posted (7 years 1 month 1 week 5 days 15 hours ago) and read 2325 times:

Thats definately not a good article about US...athough theyhave come a long way, they have quite a ways to go still..


Next trip: SLC-DEN-SLC-PHX-JFK-LAX-SLC with my wife and oldest daughter. F9 to and from DEN, US to JFK, AA 321 and CR7
User currently offlineTUNisia From United States of America, joined Aug 2004, 1844 posts, RR: 5
Reply 2, posted (7 years 1 month 1 week 5 days 15 hours ago) and read 2310 times:

Quoting WesternA318 (Reply 1):
Thats definately not a good article about US...athough theyhave come a long way, they have quite a ways to go still..

The threads on US Airways over at US Aviation are quite eye-opening. It'll be interesting to say the least what the future brings for them.



Someday the sun will shine down on me in some faraway place - Mahalia Jackson
User currently offlineAeroWesty From United States of America, joined Oct 2004, 20499 posts, RR: 62
Reply 3, posted (7 years 1 month 1 week 5 days 15 hours ago) and read 2271 times:

Before any conclusions can be drawn, it'd be important to know if the shares were sold on the open market, or to another institutional investor. Selling out of a position isn't always a bad thing--the shares don't just go into the void, there's a buyer on the other side. Did Fidelity make an overall profit on their investment? An overall loss? We don't know.


International Homo of Mystery
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5652 posts, RR: 24
Reply 4, posted (7 years 1 month 1 week 4 days 14 hours ago) and read 2012 times:

Quoting AeroWesty (Reply 3):
Did Fidelity make an overall profit on their investment? An overall loss? We don't know.

From what I'm hearing, Fidelity is pulling from MOST of thir airline/aerospace investments.



Next trip: SLC-DEN-SLC-PHX-JFK-LAX-SLC with my wife and oldest daughter. F9 to and from DEN, US to JFK, AA 321 and CR7
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