Volume Spike Investor » UAUA

UAL and US Air… Merger Mile High Club (LCC, UAUA)

247admin — Thu, 08 Apr 2010 12:16:44 +0000

U.S. Airways Group, Inc. (NYSE: LCC) and UAL Corp. (NASDAQ: UAUA) are both trading higher this morning on reports that the two are about to merge to create the #2 air carrier in the United States. This will be a blow for consumers as options for flying become more and more at the benefit of airlines over scheduling and prices. Both stocks were up last night: UAUA, +7.9% and LCC, +26.1%…

UPDATE 9:17 AM EST UAUA up 6.3% at $20.15 on 2.2 million shares; LCC up 17.9% at $8.04 on over 3 million shares.

At 8:14 AM EST we have shares up: UAUA up 7.5% at $20.36 on over 50,000 shares, almost a 52-week high; LCC shares are up 20% at $8.22 on almost 700,000 shares, which is a 52-week high above the $2.00 to $8.17 trading range of the last year.

JON OGG

Delta Options Spiking (DAL, CAL, UAUA)

247admin — Tue, 05 Jan 2010 15:22:39 +0000

Delta Air Lines Inc. (NYSE: DAL) is seeing action in options trading this morning as the calls were hot off the open with more than 10,000 February $12 calls trading with shares at $11.80 and rising, 2X daily volume in 10 minutes of trading with offer side buying in large blocks. Shares of airline stocks are higher despite oil prices recent rise after positive share moves in Continental Airlines, Inc. (NYSE: CAL) and UAL Corporation (NASDAQ: UAUA) up 8%. Delta shares are up 7.75% at $12.09 in early morning trading.

Joe Kunkle, OptionsHawk.com

UAL Feels Pain, Despite Failed Attack (UAUA)

247admin — Mon, 28 Dec 2009 12:52:36 +0000

UAL Corporation (NASDAQ: UAUA) is trading lower after the Christmas Day attempt by a Nigerian citizen trying to blow up a Northwest Airline flight from Amsterdam as it descended into Detroit. While this might have no major impact as it was unsuccessful, UAL shares are indicated lower. UAL (UAUA) shares closed at $13.09 on Thursday and are indicated down around $12.70 in early pre-market hours. The 52-week trading range is $3.07 to $13.33.

-JON OGG

United Air (UAUA) Down On Share Offering

247admin — Thu, 01 Oct 2009 12:21:26 +0000

UAL shares (UAUA) are down 7% to $8.55.

The company plans to offer, subject to market and other conditions, 19 million shares of its common stock in an underwritten registered public offering. In connection with this offering, the UAL intends to grant the underwriters an over-allotment option with respect to an additional 2.85 million shares of its common stock.

UAUA also plans to offer, subject to market and other conditions, $175 million aggregate principal amount of convertible senior notes due 2029 in a concurrent underwritten registered public offering. In connection with this offering, the company intends to grant the underwriters an over-allotment option with respect to an additional $26.25 million aggregate principal amount of convertible senior notes.

Douglas A. McIntyre

Price/Volume Alert: Airlines (UAUA, JBLU)

247admin — Thu, 21 Aug 2008 13:06:54 +0000

Higher gas costs are already rolling back into hitting airline stocks. As some of these have risen 3-fold or more from lows after the last $30+ drop in oil prices per barrel, any rise in black gold takes a toll.

UAL Corporation (NASDAQ: UAUA) closed yesterday at $12.40 and the last trade at 9:03 AM EST was at $11.23 (-9.44%) on about 173,000 shares.
Jetblue (NASDAQ: JBLU) is also lower after a $5.46 close with shares down about 3.5% at $5.27 on about 6,200 shares.

NASDAQ airlines are treated as a pre-market trader proxy for day oil-bet trades by many right now because of the more transparency.

Jon C. Ogg
August 21, 2008

Top Pre-Market Gap-Ups (AMGN, BEAV, CNQR, UAUA, WBSN)

247admin — Tue, 29 Jul 2008 12:59:26 +0000

Amgen (AMGN) indicating up 3% more after solid earnings… watch for potential profit taking later in the morning after huge gain yesterday.

BE Aerospace (BEAV) is trading up almost 7% after the company managed to beat earnings and raise guidance despite woes at airline carriers themselves; short covering adding to gains.

Concur Technologies, Inc. (CNQR) gapping up 10% after AmEx partnered with the company and took a 13% equity stake in teh company.

UAL Corp (UAUA) up 6% pre-market on trader talk and on oil prices.

Websense (WBSN) trading up 8% after beating earnings and giving solid guidance as acquisition of SurfControl is working well for the company.

(9:02 AM EST)

JON OGG
JULY 29, 2008