What will move when Oil Tanks ??

[paperwhite]

AIRLINES !!

Oil price tanks? Airlines benefit.

My research on FLYI web site...Atlantic Airlines also...name changed to Independence Air...indicate $345M cash, shareholders equity $335M and yet market cap is $163M ?

Seems like a bargain to me. Yeah, I know...airlines...a horrible business...labor, fuel, planes...yeah, I know, but this is a short term trade...perhaps.

[awdtalon]

Independence Air appears to be a good company. My limited research makes me believe they may be able to stay profitable and be a long term player. It's a good choice short term at least.

[RPJII]

I wouldnt bet on oil tanking. Cheap oil is gone forever...