This is hardly good news. I also am concerned that it is leading the merger into more uncertain and unfavorable times generally. However IMO the travel industry forward bookings seem to counter any recessionary effects while that backlog of consumer travel pressure washes through the next 12 mos or so. Despite looking like it is oversold the charts indicate that it is only on the cusp. IMO it is an LT proposition but new investors can easily see that it would be wise to wait for the merger decision to become more imminent. Sold a few myself to reduce my tax burden but it does not signal that I have lost sight of the value at this price.
ATL Price at posting:
38.0¢ Sentiment: None Disclosure: Held
