Fidelity Grp (FMR)

[SoftLanding]

Stake in UAUA...Also AMR & LCC. (Though no mention of LCC ownership in the article.)

http://www.marketwatch.com/News/Story/Stor...teid=yhoo&dist=

 

[ualdriver]

I thought those guys at Fidelity were smart?

 

[lasttoboard]

I thought those guys at Fidelity were smart?

Not really, $70 oil and just a couple of issues in the middle east. Get ready for a haircut folks!

 

[SoftLanding]

I thought those guys at Fidelity were smart?

Know what you mean. Sept. 2005 was a very good time to load up on AMR and CAL, with "blood in the streets" from hurricanes etc.

Also, Fidelity loaded up on AMR in 2003 when there was all the talk about them going into CH11...

Blood in the streets, indeed

 

[UAL_TECH]

I have not seen this action from Fidelity.
Has anyone else?

Fees Eat Away at Employees' 401(k) Nest Eggs

Thanks,
B) UT