Just goes to show what a few North Korean missiles will do.
Actually, today’s record-breaking move was motivated more by gasoline supply concerns. But those geo-political factors didn’t help much.
Look for gas prices to be closer to, or above, $3 a gallon by this weekend — depending on the weekly energy inventory numbers the Department of Energy reports Thursday.
UAL’s business plan is based on $50 per barrel for oil … and the stock is dropping rapidly …
As a prior employee who already watched his ESOP stock drop to $ .93 before he was “entitled” to cash out … and since I have not recieved my “settlement” stock in the new company in compensation for the pension I lost …
I will probably have to wait until the new stock value drops to $ .93 per share as well before I will be able to cash out.
Oh well.
Mokula Joe, thanks for commenting. As for your United stock, how much longer do you have to wait before you receive your “settlement” stock? Have they not given employees a timetable for this yet?
-Holly