bclemms
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Is it overvalued? Yes but everything is way overvalued.Interesting about about American Airlines. This stock didn’t get nearly as much attention as others last January, but it was one of the stocks that Robinhood restricted to close only.
Edit: When lines cross between smart people and meme potential…I’m in…for $100.
Is debt good? Absolutely not but inflation is good for debt without rapidly rising rates.
It is one of the few brand name stocks that hasn't been able to recover to prepandemic levels.
I couldn't care less about meme potential. Just get that feeling that covid is over and airlines are about to get into the payback travel like hotels and rental car companies were able to take advantage of over the summer and holidays. Also, not at all trying to promote anything so please don't buy on my random thoughts of the day.