Delta Airlines - Long Term Flyer

4月1日

Hey, all. Pretty intense idea here, but I am a buyer of DAL at these levels. Obviously, the chart looks awful from a recent performance perspective. However, if you take a long term view, we could actually be rebalancing after an initial range expansion to the upside. Just like RIVN, airlines are/have been a pretty brutal investment. I guess I have a thing for pain. Ha.

I am certainly a believer that airlines are undervalued here and can reverse back to the upside. Of course, it goes against the current narrative that the economy is showing signs of weakness. But I am just willing to take the risk on this one. I believe the consumer and culture shift in the US to have more experiences in life will continue to hold.

Are we going to come in for a hard landing, or take off to cruising altitude? We'll see what kind of lift the market will give us. Right now the turbulence is pretty intense.

6月9日

交易進行

I pretty much was buying DAL every single day multiple times a day on the continued drops through April. Fortunately, this paid off pretty well. I did sell most of the shares I purchased through the deep lows, but I still have a pretty outsized position as I'd like to keep a strong position in Delta for the long run.