The airlines have taken on billions of dollars in new debt and shored up their balance sheets over the last year, Gellert said. "They do have enough liquidity to go for the better part of the next 12 to 24 months without a real risk of bankruptcy." After that, he said all bets are off. 'Levels similar to 2019' "They have between 75 and 90% of their assets already secured so it's very hard to borrow more money after all of your assets are effectively pledged. So that's going to give them very little flexibility as we go forward if indeed they need additional capital," he cautioned.
Millions and millions of dollars in weekly calls were sold yesterday while this thing was above $19. All those wsb folks that held overnight are gonna learn a tough lesson about options this AM. The $20 calls that were selling for $2.... they'll be $0.40 at the bell. If that.
Run em way up on the backs of shorts, sell a gillion calls all day long, take 70% of the money and buy puts for pennies, take the rest and bash the stock down the next day, and make a few more gillion on the puts. Its good to be the kings.
Stoney.... lol.... you nut... That's not the same company. LUMN is a tech stock out of Monroe, LA that does secure comm stuff. I do like that little breathing thing though. I might order one of those. You should post that down in Baron's Health and Fitness forum.