Jim Corridore Quotes

They didn't have the right strategy. They had the horrible luck of adopting that strategy at the worse possible time. It just wasn't in the cards for them. - Jim Corridore

They can't survive for another year the way they're currently operating... They've got to get the unions to do it (grant wage concessions.) - Jim Corridore

The time to get into these stocks is when things are still poor .We've already seen that. More gains might be tough to come by. - Jim Corridore

The strike couldn't be going any better for them. That's not to say they can keep this up for weeks. It remains to be seen whether they will eventually run into some kind of mechanical problems. - Jim Corridore

The stock is up slightly today as the uncertainty of strike is lifted from the company... United really had no choice but to accept the PEB findings. They couldn't survive a month with a strike. But guaranteeing 37 percent wage hikes is only going to weaken a company that is already weak. - Jim Corridore

The reason that UAL and other carriers haven't done it (seek guarantees) yet is the government is asking a fair and high price for the guarantee -- an equity stake. - Jim Corridore

The momentum of the stocks themselves is attracting attention. - Jim Corridore

The fact that they were profitable excluding items in their seasonally weakest quarter was very encouraging for the rest of the year. Obviously we're entering what's going to be a pretty strong summer travel season. - Jim Corridore

That would certainly go a long way to helping the company... Labor costs are the biggest bucket they can attack. The government might be more willing to help with this level of cuts. Even with DIP financing, they're going to face a liquidity problem. They could use those loan guarantees. - Jim Corridore

Oil prices were already very bad, this new rise is going to make it very rough. The airline industry will see pretty high losses in the third quarter. - Jim Corridore

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