Not The Onion

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Ryanair: ‘We don’t have time to waste with stupid follow-up questions from your readers’ (www.irishtimes.com)

submitted 2 days ago by irelephant@piefed.social to c/nottheonion@lemmy.world

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[–] skulblaka@sh.itjust.works 13 points 2 days ago (1 children)

On 6 July, 2009, United Airlines opened at $3.31 and dipped to an intra-day low $3.07 (-7.25%) on 10 July, but that very day closed at $3.26 and traded as high as $6.00 (+81.27%) four weeks later on August 6.[20]

There it is, nearly instant profit

[–] Ghyste@sh.itjust.works 4 points 2 days ago

That's exactly what the phrase means. I can guarantee you that smart traders made a good chunk off the dip.