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3 Airline Stocks to Sell or Short

The turbulence around AAL and others makes them attractive short-selling targets

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Airline Stocks: American Airlines (AAL)

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American Airlines (AAL) shares have lost their 50-day moving average as investors react to disappointing March traffic figures as severe winter weather bites into profitability.

Moreover, AAL has been mired in a contract dispute with its pilots as a labor shortage begins to emerge — empowering the union and shifting the balance of power back toward workers after years of it being the other way around.

It’s also not helping that the International Air Transport Association cut its fiscal 2014 airline industry profit forecast to $18.7 billion vs. $19.7 billion prior.

I’ve recommended the AAL April 35 puts to my clients.

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