RAMPRAT980
Topic Author
Posts: 584
Joined: Sun Mar 13, 2005 1:06 am

What Is Going On With Continental's Stock?

Wed Dec 28, 2005 12:03 am

Continental Airlines(CAL) stock is up almost 4% this morning. Trading at $21.70 a share. Good for CO. CO's ESPP should do well this quarter.
With gun control there can be no democracy.. With gun control there can be no Freedom
 
slider
Posts: 6805
Joined: Wed Feb 25, 2004 11:42 pm

RE: What Is Going On With Continental's Stock?

Wed Dec 28, 2005 12:08 am

Yup. It's going up.  Silly

Whoo-hoo!
 
2travel2know
Posts: 2236
Joined: Sun Apr 10, 2005 7:05 am

RE: What Is Going On With Continental's Stock?

Wed Dec 28, 2005 12:51 am

Does it have to do with the fact that their affiliate CM went public last week?
It seems CM (CPA) trades a bit over CO (CAL).
I don't work for COPA Airlines!
 
COEWR787
Posts: 298
Joined: Fri Mar 11, 2005 12:35 pm

RE: What Is Going On With Continental's Stock?

Wed Dec 28, 2005 1:03 am

CAL's price target was raised to $40 by one of the major brokerage houses this morning. That is most likely what is causing the spiking in the price today.
 
jetbluefan1
Posts: 2852
Joined: Wed Dec 31, 2003 8:39 am

RE: What Is Going On With Continental's Stock?

Wed Dec 28, 2005 2:04 am

Yep. Target price was raised and 4Q05 fuel costs will most likely be below previous forecasts. JetBlue's stock also was up over 7% (over 1 point after today's three-for-two stock split). AA hit a 3-year high.

Today's a good day to be an airline investor!

JetBluefan1