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Opinions Michael Smedley
UAL CorpUAUATOP PICKMay 23, 2003
High risk and highly speculative. Restructuring. Very good price. Could be a double.
Michael SmedleyUnknown
$1.90
Stock price when the opinion was issued
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Second largest in US by market cap, most international-focused by operating revenue. As pace of vaccine rollout accelerates, strong pent-up demand will cause airline traffic to surge. No dividend. (Analysts’ price target is $54.20)
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(A Top Pick Sep 18/19, Down 60%) A great lesson on how to manage money on the front end and back end. He owned it at the correct size and remain diversified in March. It hurt, but it didn't ruin someone's retirement. They sold immediately on the pandemic and took their lumps, because that's not what they bought. Anyone can make a good buy decision, but the sell decision is tougher. Portfolios are to create gain, but also to protect.
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