TUNisia
Topic Author
Posts: 1515
Joined: Thu Aug 19, 2004 3:24 am

Fidelity Sells Large Stake In US Airways

Thu Jul 12, 2007 9:31 am

Someday the sun will shine down on me in some faraway place - Mahalia Jackson
 
WesternA318
Posts: 4472
Joined: Sun Oct 17, 2004 11:55 am

RE: Fidelity Sells Large Stake In US Airways

Thu Jul 12, 2007 9:34 am

Thats definately not a good article about US...athough theyhave come a long way, they have quite a ways to go still..
Check out my blog at fl310travel.blogspot.com!
 
TUNisia
Topic Author
Posts: 1515
Joined: Thu Aug 19, 2004 3:24 am

RE: Fidelity Sells Large Stake In US Airways

Thu Jul 12, 2007 9:38 am

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
 
AeroWesty
Posts: 19551
Joined: Sat Oct 30, 2004 7:37 am

RE: Fidelity Sells Large Stake In US Airways

Thu Jul 12, 2007 9:55 am

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
 
WesternA318
Posts: 4472
Joined: Sun Oct 17, 2004 11:55 am

RE: Fidelity Sells Large Stake In US Airways

Fri Jul 13, 2007 10:01 am

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.
Check out my blog at fl310travel.blogspot.com!