Allstocks.com's Bulletin Board: FLYi Inc (NASDAQ: FLYI)

This is topic FLYi Inc (NASDAQ: FLYI) in forum Swing Traders at Allstocks.com's Bulletin Board.

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Posted by garrityplus on :

FLYi Inc

(NASDAQ: FLYI) is looking like a good stock to get a bounce on. It was extremely oversold after UBS's report came out and is at a 1/4 of its book value. Load factors are up this month, oil is coming down (hopefully for good). This stock looks like a bargain.

TA is lookin good for tomorrow with an MACD crossover, ascending triangle + good news.

Posted by Art on :

Looks good!

Posted by garrityplus on :

Look at this beautiful 10 day intraday chart...

Posted by siscokid on :

Good call. Up .11 right now. I got it at 1.78. What is a good target to sell at? If not it seems it would be good to hold on for a while since they open more ways for sales.

Posted by garrityplus on :

I bought in at 1.45 and still holding because this actually may be an investment.

Some good stuff behind the scenes happened today.
PAR INVESTMENT filed with the SEC that bought 8.5% of the common shares. they have a good record on their investments too, so i'm looking foward to some good returns.

But be aware of the fact FLYi has been using up cash quite readily last quarter and has had bad news about bankruptcy a week ago. So you might want ot be aware of that fact before making this an investment.

SEC FILING HERE: http://www.edgar-online.com/bin/cobrand/finSys_main.asp?nad=&formfilename=0001125282-04-005553&x=12&y=5

PAR INVESTMENT's RECORD: http://cbs.marketwatch.com/tools/quotes/person.asp?siteid=mktw&pid=14031232