I believe it is possible and perhaps even likely that Alaska Airlines will drop below $30 in the next 12 months, and even so, the idea that it will eventually reach $300 would not be invalidated. On the contrary, that idea would be reinforced because the correction would allow the company itself to buy a batch of shares at bargain prices.
I have decided to help Alaska Airlines in its aim of potentially bringing the stock down to below $30, and at that point, I plan to re-enter the stock, this time with profit potential of more than 1000%.
