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Daily Archives: January 20, 2009

A Great Airline Investment

January 20, 2009
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In one of the news reports on US Airways, following the miraculous Hudson River splashdown, it was mentioned that the company’s stock had a nice bounce following the event.  That sounded odd to me so I checked the chart and here’s what I found.  US Airways stock (LCC) peaked way back in 1998 at 83.  Then it crashed to less than a buck.  It rebounded to 32 in 2003 … and crashed again to less than a buck.  In 2006, it flew up to 63 … and then plummeted to 1 1/2.  And in 2008, thanks to falling fuel...

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