Frontier Airlines Stock
I will not recomend to anyone here to purchase any Stock in Frontier Airlines, but I have to say that it has been one of the hottest stocks of late. I purchased a hefty amount of shares shortly after 9/11 at $7.75 a share. Today it has broken out and is up over $2 a share at $22.33! Who says that the airline industry is a crappy investment.
Be forewarned that I believe that the stock is about to top off and the price will go down due to profit sharing. Also, After Frontier announces their quarterly earnings, it will drop as well as they most likely will exceed expicatations from the Street. The price is going up now in anticipation of good earning news. So if you are thinking about getting in, I would wait a few weeks until it settles down.
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